Core Viewpoint - The removal of real-time valuation features from mainstream platforms has left many investors without a crucial tool for tracking fund performance during trading hours, leading to difficulties in making timely investment decisions [1][14]. Group 1: Value of Real-Time Valuation - Official net asset values (NAV) are published by fund companies only after market close, while real-time valuation provides an estimated NAV based on the latest holdings and market conditions, serving as an important reference for investment decisions [2][15]. - Real-time valuation is particularly valuable during market volatility, allowing investors to make informed buy/sell decisions and assess discrepancies between estimated and actual NAVs, which may indicate significant changes in fund management [3][15]. Group 2: Alternative Platforms - Despite adjustments to real-time valuation features on some platforms, several alternatives remain available, each catering to different investor needs, such as Xiao Bei Yang Ji, which offers real-time tracking and multi-account management [4][16]. - Other platforms like Tonghuashun Investment Ledger and Yang Ji Bao provide functionalities for real-time valuation and notifications, enhancing user experience and investment management [5][17][18]. Group 3: Advantages of Sina Finance APP - Sina Finance APP stands out in the real-time valuation space, covering 98% of market funds and monitoring over 10,000 funds, providing a comprehensive solution for investors [7][19]. - The app integrates data from 163 major fund companies, allowing users to access all fund NAV information without switching between platforms [8][19]. Group 4: Valuation Model and Technology - The app utilizes cloud computing and big data technologies to create a stable valuation engine that processes real-time market data efficiently, achieving high accuracy in estimated NAVs [9][21]. - The refresh rate of the app is 0.03 seconds, significantly faster than the industry average, ensuring a reliable user experience even during peak trading times [21]. Group 5: Functionality and User Experience - The app features a user-friendly interface that displays real-time valuations prominently, allowing users to set custom alerts for significant NAV changes, transforming them from passive to active investors [10][22]. - The "Smart NAV Reminder" function alerts users when their specified NAV thresholds are reached, providing market insights and comparisons with similar funds [10][22]. Group 6: Beyond Valuation Services - Sina Finance APP offers a comprehensive ecosystem that includes global market data, financial news, in-depth analysis, and a community for investors, enhancing the overall investment experience [11][23]. - The app allows users to open accounts and trade directly within the platform, partnering with 60 fund companies to offer over 3,000 fund products [11][23].

Industry Transformation - The real-time valuation feature for funds was a significant selling point for platforms targeting retail investors, but it has been removed from many mainstream platforms due to regulatory requirements aimed at standardizing data disclosure and promoting long-term investment strategies [2][14] - Real-time valuation was based on the latest quarterly reports and market price fluctuations, but it often deviated from actual net values due to limitations in data sources and the timing of fund manager adjustments [2][14] Sina Finance APP - Following the removal of the real-time valuation feature, the Sina Finance APP has emerged as a popular choice among investors, integrating data from 163 fund companies and covering 98% of market products, allowing users to monitor over 10,000 funds in real-time [3][15] - The APP provides comprehensive fund profiles, including detailed holdings, industry allocations, performance metrics, and key risk-return indicators [3][15] Xiao Bei Yang Ji - Xiao Bei Yang Ji is a specialized platform for fund valuation and real-time queries, allowing users to view fund performance and returns flexibly from 9 AM daily [4][17] - It features multi-account synchronization, enabling users to manage multiple fund accounts efficiently, and offers a "Fund Accumulation Ranking" to track investor behavior [4][17] Tong Hua Shun Investment Ledger - Tong Hua Shun Investment Ledger supports real-time monitoring of fund performance and account returns, allowing users to manage multiple fund accounts in one place [5][18] - The application includes a one-click import feature for synchronizing holdings from various platforms and provides in-depth fund analysis capabilities [5][18] Feature Comparison - A comparison of the three applications highlights that Sina Finance APP excels in data coverage and comprehensive service offerings, while Xiao Bei Yang Ji and Tong Hua Shun Investment Ledger specialize in specific fund management functionalities [7][19] Professional Perspective - Professional investors recognize the limitations of relying solely on real-time valuation and consider it a reference point among various factors for making trading decisions [8][20] - They are particularly attentive to discrepancies between valuation and net value, which can indicate potential changes in fund management strategies [8][20] Selection Recommendations - The choice of APP depends on individual investor needs; Sina Finance APP is recommended for those seeking comprehensive data services and a one-stop investment experience [9][22] - Xiao Bei Yang Ji is ideal for investors needing detailed management of multiple accounts, while Tong Hua Shun Investment Ledger is suitable for users already engaged in stock trading who wish to consolidate their asset management [9][22]