The new fund issuance market is heating up, with the volume of newly issued funds this month edging closer to RMB100 billion. Notably, equity funds have led the charge, surpassing RMB57 billion in issuance size, thereby setting a new monthly record for the year. Amidst rising market enthusiasm and a continuous influx of funds, several top-performing funds have recently imposed purchase limits. Furthermore, overseas asset management institutions are expediting their presence in the Chinese market by introducing relevant FOF products.
