The public fund issuance market is still hot, but the “trend” of products has quietly changed. Recently, while technology-themed funds continue to be added, defensive products such as dividends and fixed income have been significantly expanded, and the product supply structure is more balanced than before. Industry insiders said that as the market enters the semi-annual report performance verification stage, the capital allocation logic is gradually shifting from themed transactions to performance implementation, and the market style is showing signs of rebalancing. While continuing to grasp the main line of technological growth, public funding agencies are also speeding up the deployment of low-fluctuating products such as dividends. The product matrix is both offensive and defensive to meet the allocation requirements of different funds.

The public fund issuance market is still hot, but the “trend” of products has quietly changed. Recently, while technology-themed funds continue to be added, defensive products such as dividends and fixed income have been significantly expanded, and the product supply structure is more balanced than before. Industry insiders said that as the market enters the semi-annual report performance verification stage, the capital allocation logic is gradually shifting from themed transactions to performance implementation, and the market style is showing signs of rebalancing. While continuing to grasp the main line of technological growth, public funding agencies are also speeding up the deployment of low-fluctuating products such as dividends. The product matrix is both offensive and defensive to meet the allocation requirements of different funds.