Core Viewpoint - The new fund issuance market in China remains active, with 29 new funds launched for public subscription during the week of October 20 to October 24, 2023, with equity funds being the dominant category [2][3]. Fund Issuance Overview - A total of 29 new funds were launched, with 26 of them debuting on Monday, October 20, accounting for nearly 90% of the week's total [4]. - The average subscription period for the new funds was 28.79 days, which is significantly longer compared to previous periods, likely due to recent market adjustments [4]. - The longest subscription period was three months for five funds, while the shortest was five days for two passive index funds [4]. Fund Types and Goals - Among the 29 new funds, 22 specified fundraising targets, with three funds aiming for 8 billion units, while the lowest target was 500 million units for three funds [5]. - Equity funds comprised over 80% of the new offerings, with 24 funds categorized as such, including 11 index funds and 4 enhanced index funds [7]. - Several new funds focused on Hong Kong-related indices and those tracking the ChiNext and free cash flow indices [7]. Active Equity Funds - The active equity funds included eight mixed funds, with three featuring floating fee structures and two being quantitative products [8]. - Investment directions varied, with some funds targeting the Hong Kong market and others focusing on niche sectors [8]. Bond and Mixed Funds - Only three bond funds were launched, indicating a cooling in bond fund issuance amid market adjustments [8]. - Two mixed FOFs were also introduced, both adopting a conservative investment style [8].