's fund sold out 5 million self-purchases in one day.

date
08/09/2025
After the market closed today, Huashang Fund announced that its Huashang Hong Kong Stock Connect value return fund will be closed for subscription in advance, with the fundraising period shortened to one day. In addition, if the total fundraising scale of the fund exceeds 1 billion yuan, the fund manager will control the fundraising scale effectively by confirming the scale at the end of the day based on the upper limit of 1 billion yuan. This is the second fund to announce early closure this month, with a total of 12 funds announcing early closure. At the same time, Huashang Fund also announced that it has used its existing capital of 5 million yuan to buy the above-mentioned fund shares today. This move is based on confidence in the long-term healthy and stable development of the Chinese capital market, confidence in Huashang Fund's active management investment capabilities, and the principle of sharing risks and benefits with investors.