Public offering FOF sold out for the first time this year.
Public offerings of FOFs are experiencing a heat wave, with the first instance of "selling out in one day" occurring this year. Morgan Yingyuan's stable three-month holding period FOF was issued today, with approximately 2.8 billion yuan raised in just one day, and an announcement made to close the fundraising early. So far this year, a total of 35 FOF funds have been issued, raising a total of 30.842 billion yuan. Many products have closed their fundraising early in less than a week. Industry insiders point out that public offerings are no longer focusing on "re-issuing", but instead are actively limiting the size of the initial offering, restraining impulsive growth, and prioritizing investor experience.
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