Recently, the China Securities Regulatory Commission sought public comments on the “Administrative Measures on the Operation of Publicly Raised Securities Investment Funds” and supporting rules. In response, E-Fangda Fund said that the content of this revision is wide-ranging and highly targeted. It has improved the public fund supervision system in terms of product classification, issuance and fundraising, investment operation, risk management and exit mechanisms, which is conducive to supporting the development of equity funds, promoting medium- and long-term capital entry into the market, enhancing investors' sense of acquisition, and will strongly promote the high-quality development of the public fund industry. E-Fangda Fund believes that equity funds are an important product category for public funds to serve the real economy and residents' wealth management, and are also an important channel for medium- to long-term capital to enter the market. This revision focuses on supporting the development of equity funds in terms of lowering the threshold, optimizing supervision, and broadening space.

Recently, the China Securities Regulatory Commission sought public comments on the “Administrative Measures on the Operation of Publicly Raised Securities Investment Funds” and supporting rules. In response, E-Fangda Fund said that the content of this revision is wide-ranging and highly targeted. It has improved the public fund supervision system in terms of product classification, issuance and fundraising, investment operation, risk management and exit mechanisms, which is conducive to supporting the development of equity funds, promoting medium- and long-term capital entry into the market, enhancing investors' sense of acquisition, and will strongly promote the high-quality development of the public fund industry. E-Fangda Fund believes that equity funds are an important product category for public funds to serve the real economy and residents' wealth management, and are also an important channel for medium- to long-term capital to enter the market. This revision focuses on supporting the development of equity funds in terms of lowering the threshold, optimizing supervision, and broadening space.