
Group 1 - The core viewpoint is that several asset management companies, including China Merchants Asset Management (招商资管), are actively purchasing their own funds, indicating confidence in the long-term stability of the Chinese capital market and their investment management capabilities [1][3] - As of May 14, China Merchants Asset Management announced it will use its own funds to subscribe to its equity securities investment funds, with a total subscription amount of no less than 25 million yuan, and a holding period of at least six months [3] - Currently, China Merchants Asset Management has invested over 55 million yuan in its non-monetary securities investment funds, which will exceed 80 million yuan after the new subscriptions [3] Group 2 - By the end of 2024, the total asset management scale of China Merchants Asset Management is projected to be 267.392 billion yuan, including six public collective products and two newly established public funds [3] - In April, over ten fund management companies, including Anxin, Bosera, and others, announced their own fund purchases, with a total amount close to 600 million yuan [3] - According to Choice data, fund managers have collectively purchased over 6 billion yuan in their own funds this year, with money market funds accounting for over 30% of the total, followed by bond funds at over 27% [4]