E Fund: Equity funds usher in a good opportunity for development

Recently, the China Securities Regulatory Commission publicly solicited opinions on the Measures for the Operation and Management of Publicly Offered Securities Investment Funds and supporting rules. In response, E Fund stated that the revisions are broad in coverage and highly targeted, improving the public fund regulatory system across dimensions such as product classification, issuance and fundraising, investment operations, risk control, and exit mechanisms. This is conducive to supporting the development of equity funds, promoting the entry of medium- and long-term capital into the market, and enhancing investors' sense of gain, and will strongly drive the high-quality development of the public fund industry. E Fund believes that equity funds are an important product category for public funds to serve the real economy and household wealth management, and also an important channel for medium- and long-term capital to enter the market. The revisions focus on supporting the development of equity funds by lowering thresholds, optimizing regulation, and broadening space.