In June, new developments have emerged, with multiple breakthroughs. Institutions believe that the long-term value of A-share market allocation remains unchanged.

As of June, the public fund industry has ushered in another wave of issuance boom. The number of newly issued equity funds has exceeded 100, accounting for the highest proportion among all types of products, and showing a trend of diversified development - technology funds, quantitative funds, and floating rate products have appeared one after another. Data from Choice shows that the number of new funds in June reached 191, of which 124 were equity funds, accounting for 65%. Industry insiders generally believe that the fundamentals of A-shares are still supported, and with the support of multiple funds, the market will continue to have long-term value in the stage of temporary consolidation.