Inward New fund issuance volume exceeds 200 billion yuan this year.

A large amount of funds are entering the market through public mutual funds. As of February 24th, a total of 227 new funds have been established this year, with a total fundraising scale of 209.4 billion yuan. Looking at the fundraising scale of new funds, 65 funds have a fundraising scale of over 1 billion yuan, with 15 of them exceeding 3 billion yuan. For example, the fundraising scale of the Morgan Stanley Huahongshen Technology Hybrid Fund is 4.424 billion yuan, and the fundraising scales of the Huatai Technology Leading Hybrid Fund and the ICBC Credit Suisse Technology Selective Hybrid Fund both exceed 2.5 billion yuan. At the same time, there are more funds on the way. As of February 24th, a total of 96 funds are either already in operation or are about to be issued. Among them, on the first trading day after the Spring Festival, 18 new funds were launched.