公募新发回暖！近一个月14只主动权益类基金提前结募

Core Viewpoint - The recent trend of early closure of actively managed equity funds indicates a significant improvement in market conditions, with increased profitability in the stock market and a shift of household savings into investments [1][2][3][4] Fund Closure Trends - As of September 17, 2023, a total of 7 actively managed equity funds closed early in September, with 14 funds closing early in the past month, marking a year-on-year increase [1][2] - Notable funds that sold out in one day include the Huashang Hong Kong Stock Connect Value Return Mixed Fund and the招商均衡优选混合, which exceeded their fundraising limits on the first day of sale [2][3] Market Conditions - The A-share market has shown a significant recovery, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 12.54%, 26.28%, and 46.18% respectively since the third quarter began [3] - Analysts attribute the resurgence in fund issuance to improved market conditions and the enhanced profitability of the stock market, alongside a rapid conversion of household savings into investments [3][4] Future Outlook - There is an expectation for continued warming in the issuance of actively managed equity funds, with predictions that the stock market may challenge the 4000-point mark in the third or fourth quarter of 2026 [3][4] - The trend of household savings moving into the stock market is anticipated to persist, driven by lower deposit rates, rising inflation, and attractive returns from other asset classes [4]