Floating-rate funds raised more than 3.3 billion in six days through bank channels, China Merchants Bank joins the sales battle.

date
06/06/2025
The reporter learned from banking channels that the first batch of floating fee funds sales have entered the sixth day, with a total fundraising of over 3.3 billion yuan. Among them, the leading advantage of Bank of China has not diminished, with a total sales of 1.3 billion yuan for distributing three funds including Orient Red Core Value, Tianhong Quality Value, and CCB Schroder Ryan. Bank of China sold nearly 900 million yuan for distributing three funds including E Fund Growth Opportunity, Harvest Growth Win-Win, and GF Value Stable Growth. In terms of individual funds, the sales scale of Orient Red Core Value fund may approach the 2 billion yuan fundraising limit, and there is no exclusion of early closure. Funds with sales exceeding 300 million yuan in a single channel include E Fund Growth Opportunity, Harvest Growth Win-Win, and Tianhong Quality Value. It is worth noting that China Merchants Bank today joined the floating fee fund issuance battle and achieved nearly 100 million yuan in sales on the first day.