28 Funds Launch Today! Number of Newly Issued Funds This Year Hits Three-Year High

On November 3, relevant announcements indicated that 28 public offering funds (based on initial fund criteria) were launched across the market. Among them, the number of actively managed funds slightly exceeded that of passively managed index funds.

Statistical data show that, based on the subscription start date, over 1,300 new funds have been issued this year, surpassing the total number of new funds issued in all of 2024 and 2023. The increase in the number of newly issued equity funds has been particularly notable, with over 700 new funds launched this year, an increase of more than a hundred compared to the entirety of last year.

Specifically, among the 28 newly launched funds, 16 are actively managed funds, primarily actively managed equity funds. These include E Fund Advantage Aggressive, Bank of Communications Vision Growth, Penghua Qihang Quantitative Stock Selection, Bank of China Hong Kong Stock Connect Consumption Select, Ping An Hong Kong Stock Connect Growth Select, Ping An New Energy Select, Zhongou New Energy Theme, Huaxi Technology Growth, Fuguo Xinghe, and others. Hong Kong Stock Connect and new energy theme funds are particularly numerous. Additionally, several secondary bond funds and FOF products were also launched on November 3.

Index funds account for approximately 40% of the total, covering a variety of index products such as state-owned enterprises, dividend, banking, furniture and household appliances, agriculture, automotive, CSI 300, STAR Composite Index, and Hong Kong Stock Connect. Among these, dividend and Hong Kong Stock Connect products are the most prevalent.