"924" market's one-year anniversary, 99% actively managed equity funds achieved positive returns, with over 800 products becoming "doubled funds."

On September 24, 2024, after a package of policies was announced in the A-share market, it started a frenzy. In the past year, the Shanghai Composite Index has experienced fluctuations before reaching new highs in nearly a decade. In the various market rallies, the profit-making effect of actively managed equity funds has become apparent, with 99% of such funds achieving positive returns in the past year, with over 800 products becoming "doubling funds." At the same time, the scale of stock ETFs and cross-border ETFs primarily invested in the equity market has also seen explosive growth. Some industry insiders have stated that public funds have played a leading and boosting role in different stages of the bull market over the past year, playing an important role in attracting medium to long-term capital into the market. In the future, the demonstration effect of making money in the market will attract off-market funds, and A-shares are expected to move from a partial bull market to a comprehensive bull market.