Domestic Investment News - Public funds frequently purchase newly issued funds, demonstrating market confidence with real capital. This trend reflects fund companies' confidence in their research capabilities and product performance, especially in a volatile equity market [2][3] - The market-oriented pension system is being developed with a dual approach to create a new industry ecosystem. By 2029, a robust pension service network is expected to be established, supported by a 500 billion yuan loan from the People's Bank of China to enhance credit support for service consumption and pensions [2][3] - The scale of public funds in China has surpassed 33 trillion yuan for the first time, reaching 33.12 trillion yuan as of the end of April, marking a growth of 898.5 billion yuan from the end of March [3] International Investment News - The U.S. Court of Appeals has temporarily suspended a ruling that blocked Trump's global tariff imposition, pending further consideration [5] - U.S. stock funds faced significant outflows due to concerns over rising debt and interest rates, with investors withdrawing 11 billion dollars in the week ending May 21, reversing a previous inflow of 13.6 billion dollars [5] - The UK government plans to merge multiple pension schemes into a "super fund" by 2030, targeting an asset scale of at least 25 billion pounds (34 billion dollars) to increase investment in the economy [5] Market Overview - Major stock indices in China experienced declines, with the Shanghai Composite Index down 0.47% to 3347.49 points, and the Shenzhen Component Index down 0.85% [7] - The overall fund market showed weak performance, with most fund indices recording negative returns during the week [10] Fund Market - A total of 26 new funds were issued this week, including 18 equity funds, 6 bond funds, and 2 mixed funds [12] - The fund market indices showed a slight decline, with the total index down 0.14% for the week [11] Banking Wealth Management Market - The number of newly issued bank wealth management products reached 617, with a total establishment scale of approximately 1136.62 billion yuan, a decrease of 5.84% from the previous week [17]