Core Insights - The public fund issuance market in China is experiencing a significant recovery, with a notable increase in the number of new funds launched in November 2023, indicating a resurgence in investor interest [2][3][4] Fund Issuance Trends - As of November 13, 2023, a total of 1,386 new public funds have been established this year, marking a 9.48% increase compared to 1,266 funds in 2022 and a 21.26% increase from 1,143 funds in 2024, setting a three-year high [4][6] - The average fundraising period for new funds has decreased to 16.92 days, down from 19 days the previous week, reflecting increased investor confidence in new fund products [3][4] Product Structure - Equity funds dominate the new fund issuance, with 39 new funds launched in the second week of November, of which 28 are equity products, accounting for 71.79% of the total [3][6] - Among the new equity funds, passive index funds and enhanced index funds are particularly popular, with 15 and 7 funds launched respectively, making up 56.41% of the new equity fund issuance [3][6] Market Dynamics - The issuance of stock funds has reached a 14-year high, with 767 stock funds launched this year, representing 55.34% of the total new funds and 36.95% of the total issuance volume [6][7] - Conversely, bond funds have seen a significant decline, with only 248 new bond funds launched, accounting for 17.89% of the total, and their issuance volume dropping to the lowest level in four years [7][8] FOF Fund Performance - FOF (Fund of Funds) funds have achieved a historic milestone, with 74 new FOF funds launched this year, representing 5.8% of the total issuance volume, the highest recorded since data collection began [8]
年内超1300只创三年来新高！股票型占比14年之最，公募发行市场释放回暖信号
Hua Xia Shi Bao·2025-11-14 13:35