The number of account openings has increased significantly, and various types of products have been launched. Since the beginning of this year, more than 100 new "billion-dollar funds" have been released.

Funds are accelerating their entry into the market through public offering funds. On the one hand, the number of new fund accounts has increased significantly year-on-year, with 1.18 million new accounts opened in the first quarter, a year-on-year increase of over 27%. On the other hand, new fund products with explosive potential have frequently appeared, with over a hundred funds issued this year with a scale exceeding 1 billion yuan. Looking at the issuance of new funds, there is a trend of blossoming in multiple areas, with equity funds, FOF products, and "fixed income +" funds all producing popular products. At the same time, there are more than 120 funds currently in the process of being issued or about to be issued.