Public funds are displaying a heightened enthusiasm for self-purchases. China Southern Asset Management has recently announced its intention to self-purchase multiple equity ETFs under its management, with a total investment of no less than 230 million yuan. Statistically, the net subscription amount of equity funds self-purchased by public funds has surpassed 2.7 billion yuan so far this year. Industry experts highlight that these self-purchases not only align the interests of fund managers with those of investors and infuse additional capital into the market, but they also serve as a positive signal regarding China's economic recovery momentum and the long-term trajectory of the market.
