Group 1 - The recent surge in fund issuance indicates a recovery in market sentiment, providing incremental capital support for the equity market, creating a positive cycle of "hot issuance, capital inflow, and strong market" [1][2] - From October 20 to 24, 30 public funds were launched, with a significant majority being index and actively managed equity products, marking a peak in recent fund issuance [1][2] - The number of new funds issued has shown a clear upward trend since September 2024, with 66 new funds launched in September 2024 and 151 in September 2025, reflecting a growing interest in equity investments [2][3] Group 2 - The total fundraising scale for public funds reached a new high in September 2025, with a total of 152.1 billion yuan raised, a 26.99% increase month-on-month and a 90.62% increase year-on-year [3] - Index funds led the fundraising efforts, with 107.9 billion yuan raised, followed by mixed funds at 22.9 billion yuan and bond funds at 12.7 billion yuan [3] - The trend of early closure of fundraising periods has become common, with several funds announcing early termination of their fundraising due to meeting the necessary conditions ahead of schedule [4]
公募基金加速上新 正向循环逐步形成
 Zhong Guo Zheng Quan Bao·2025-10-21 20:18