Active layout and early closing of equity funds usher in a "wave of issuance".

The market is active, and public fund issuance is becoming increasingly popular. Data shows that since July, over 70% of new funds established are equity funds. During the same period, more than 50 equity funds have ended fundraising early in order to quickly establish and enter the market. Industry insiders believe that the recent heat in the public offering market is related to the strong trend of the A-share market, the increasing confidence of investors, and the good performance of equity funds. While fund companies are increasing their layout of equity products, many funds are also actively entering the market, potentially bringing more incremental funds to the market.