Group 1 - The public fund industry is experiencing a peak in issuance, with 33 new funds launched this week, a 50% increase from the previous week [1] - The average fundraising period for newly launched funds is 17.55 days, indicating a tight issuance schedule [1] - Equity funds dominate the new fund launches, with 28 equity funds accounting for 84.85% of the total [1] Group 2 - Passive index funds continue to be popular, with 24 out of 28 equity funds being stock funds, representing 85.71% of equity funds, including 21 passive index funds [1] - The increasing popularity of passive index funds is attributed to a shift in residents' wealth allocation from traditional assets to financial assets, enhancing their importance in asset allocation [1] - Public fund institutions are diversifying their index fund product lines, promoting market penetration of these products [1] Group 3 - Bond fund issuance remains stable, with 5 bond funds launched this week, making up 15.15% of the total [2] - The new funds this week come from 23 public fund institutions, with varying numbers of new products launched by each [2] - Notable institutions like China Europe Fund, Huatai-PB Fund, and China Universal Fund each launched 3 new funds this week, primarily focusing on equity and bond funds [2][3]

Core Viewpoint - The public fund market is experiencing a surge in new fund issuances, particularly in passive index funds, reflecting a shift in wealth allocation from traditional assets to financial assets [1] Group 1: Fund Issuance Trends - A total of 33 new funds were launched this week (June 30 to July 6, 2025), representing a 50% increase from the previous week's 22 funds [1] - The average fundraising period for newly issued funds is 17.55 days, indicating a tight issuance schedule [1] Group 2: Market Preferences - Passive index funds are increasingly favored by the market, driven by a growing trend of residents reallocating their wealth towards financial assets [1] - Public fund institutions are expanding their range of index fund products, offering diverse options that cover various markets, industries, and strategies, which further promotes the popularity of these products [1]