The size of public offering hits a new high of 3.4 trillion yuan
With the expanding effect of income generation, the scale of public funds surpassed 34 trillion yuan at the end of the second quarter, reaching a historical high, with both stock and bond funds seeing growth in scale. Industry insiders believe that the growth in the size of the public fund industry means that investors have increased trust in the funds, but with a larger scale comes greater responsibility. The core of the public fund industry is to prioritize the interests of investors, and in the future, the industry needs to reshape its ecology and value chain to truly achieve high-quality development and move forward in a two-way manner with its shareholders.
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