Recently, the fund issuance market has significantly heated up, with not only a significant increase in the proportion of equity funds, but also multiple products experiencing a phenomenon of "selling out in one day". The number of subscribers for Guangfa CSI A500 Index Fund has exceeded 90000. At the current moment, institutions believe that the recovery of the fund issuance market indicates a significant increase in investor confidence. Based on historical experience, the A-share market often experiences a cross year trend at the end and beginning of the year, coupled with favorable factors such as loose global liquidity and positive policy shifts. The future performance of the A-share market is worth looking forward to. According to data, as of November 8th, based on the subscription start date, a total of 231 funds have been issued in the market since October (calculated separately for different shares), of which 169 are hybrid funds and equity funds, accounting for over 70%. Multiple products ended their fundraising early during this period. Specifically, funds such as Huaxia CSI A500ETF, Yongying Technology Intelligent Selection Hybrid Initiator, and Taikang CSI A500ETF Connect were all sold out in one day; Multiple equity products, including Boshi CSI A500 Index, Huaxia CSI A500 Index, Huashang CSI A500 Index Enhancement, Guotai Junan Dividend Quantitative Stock Selection Hybrid, and Xingzheng Global Dividend Quantitative Stock Selection Hybrid, have all ended their fundraising before the original subscription deadline. There has also been a significant breakthrough in the number of subscribers among the funds that have already been raised. On November 6th, Guangfa Fund announced the effective date of the Guangfa CSI A500 Index Fund Contract. The announcement shows that the number of subscribers to the fund has reached 92657, which is the highest number of subscribers since April 2023. In addition, the effective announcement of the fund contract for the China Merchants CSI A500ETF Connect Fund shows that the number of subscribers to the fund has also reached 84299. Multiple funds will join the issuance war in the future. Data shows that from November 11th to mid December, more than 20 equity products will be issued, including Bodao Large Cap Value Stocks, Chuangjin Hexin Dividend Selection Quantitative Stock Selection Hybrid, and Western Lide Central Enterprise Preferred Stocks. An analyst from a fund in Shanghai stated that the current market sentiment is clearly recovering, and investors have a high enthusiasm for equity funds, indicating that market confidence is gradually recovering. Xingye Securities stated in its latest research report that based on historical experience, the end of the year and the beginning of the year are the traditional long windows in the market. Looking back at the market performance over the past 16 years, there have been 10 years where the market started in the fourth quarter. On the average monthly rise and fall, major broad-based indices in the market recorded negative returns in August and September; Starting from October, the market performance gradually reversed and the index winning rate significantly increased. Xingye Securities believes that based on the situation this year, the market has once again entered a performance gap period after the release of the third quarter report. Coupled with the launch of various policy combinations since the end of September, a series of major conferences are expected to provide clearer planning and guidance for future economic work. Therefore, the New Year's market is worth looking forward to. Penghua Fund believes that under the dual effects of favorable policies and improved liquidity, the upward trend in the equity market is expected to continue, and the flow of medium and long-term funds such as insurance funds and bank wealth management to the equity market may accelerate. Golden Eagle Fund stated that a clear shift in policy direction has become the most positive signal to continuously guide the market upwards, and the certainty of long-term upward trend in A-shares is strong. (New Society)