基金早班车丨权益自购近49亿，2025成公募“真金白银”示范年

Group 1: Market Overview - The A-share market is showing signs of recovery, with regulatory guidance leading to a "self-purchase model" for public funds starting in 2025, resulting in a net subscription of nearly 4.9 billion yuan for equity funds this year [1] - As of December 30, the three major A-share indices showed mixed performance, with the Shanghai Composite Index closing flat at 3965.12 points, the Shenzhen Component Index rising by 0.49% to 13604.07 points, and the ChiNext Index increasing by 0.63% to 3242.9 points [1] Group 2: Fund News - On December 30, three new funds were launched, primarily equity funds, while 18 funds distributed dividends, mostly bond funds, with the highest dividend payout from the Yinhua ETF at 13.8710 yuan per 10 shares [2] - The total number of ETFs has approached 1400, with a significant increase of 1 trillion yuan in four months, leading to a "choice overload" for investors. Regulatory bodies are advocating for clearer labeling, prompting major firms to standardize fund names for easier comparison [2] - In 2023, a total of 1553 new funds were issued, marking a year-on-year increase of 35.87%, the highest in four years, with the average subscription period decreasing from 22.63 days to 16.41 days, indicating a heightened willingness of funds to enter the market [2] Group 3: New Fund Launches - The new funds launched on December 30 include the Huabao Shanghai Stock Exchange Sci-Tech Innovation Board Chip ETF and two funds from Shanzheng Asset Management focusing on digital economy stocks, with no initial fundraising targets disclosed [3] Group 4: Fund Dividends - The dividend distribution on December 30 included notable payouts such as 13.8710 yuan for the Yinhua Trading Currency B fund and 11.5530 yuan for the Yinhua Trading Currency A ETF, among others [4]