Group 1 - Fidelity Fund announced the appointment of Chen Sun as the new general manager, succeeding Xiaoyi Helen Huang, who will continue as chairman [1] - Chen Sun has held senior management positions at various financial institutions, including as managing director at Charles Schwab Hong Kong and general manager at Harvest International Asset Management [1] Group 2 - Qatar Holdings has received regulatory approval to acquire a 10% stake in Huaxia Fund, increasing its influence in the company [2] - Following this acquisition, Qatar Holdings will become the third-largest shareholder in Huaxia Fund, while Maikeqi Financial's stake will rise to 27.8%, making it the second-largest shareholder [2] Group 3 - The total issuance of new ETFs in 2023 has surpassed 100 billion yuan, with 133 ETFs launched so far, significantly higher than the 64 launched in the same period last year [3] - Equity ETFs have been the primary drivers of this growth, with 124 equity ETFs launched, accounting for 785.3 billion yuan of the total issuance [3] Group 4 - A total of 139 funds have announced early closure of their fundraising this year, with equity funds making up the majority at 70 funds, representing 50.36% of the total [4] - This is an increase from 39.88% in the same period last year, indicating a growing trend in early fund closures [4] Group 5 - Public funds have distributed a total of 889.7 billion yuan in dividends this year, marking a 40% increase from 635.67 billion yuan in the same period last year [5][6] - The majority of high-dividend funds are ETFs, with 5 out of 8 funds distributing over 10 billion yuan being ETFs [6] Group 6 - Wu Chenggen has stepped down as the fund manager of a specific product at Zhonggeng Fund, while continuing in another role, with Xiong Zhenghuan appointed as the new fund manager [7] - Xiong Zhenghuan has a decade of experience in securities research and investment management [7] Group 7 - The stock market experienced a decline on May 23, with the Shanghai Composite Index falling by 0.94% and the Shenzhen Component Index by 0.85% [8] - The trading volume increased to 1.16 trillion yuan, up by 529 billion yuan from the previous trading day [8] Group 8 - The first batch of 26 innovative floating rate funds has been approved, featuring a tiered fee structure based on performance relative to a benchmark [9] - These funds will have three fee levels: 1.2% for the baseline, 1.5% for the upper tier, and 0.6% for the lower tier, depending on performance [9]

Group 1 - The popularity of dividend-themed funds is increasing, with several funds announcing early closure of fundraising and many ETFs reaching historical highs in share volume [1][2] - Fund managers are modifying dividend distribution rules to enhance attractiveness to investors, increasing the frequency of dividend payouts [3][4] - The total scale of dividend funds has significantly increased, surpassing 250 billion yuan, with a notable rise in ETF shares [3][5] Group 2 - Recent data indicates that dividend assets are likely to attract institutional allocation, aligning with regulatory encouragement for long-term investments [5][6] - Research shows that dividend assets have a higher success rate compared to broad market indices when held for longer periods, with over 70% success rate for holding periods exceeding one year [6]