In the context of relatively recovering market confidence, the self purchasing efforts of public funds are also increasing. Data shows that the net subscription amount of self purchased stock products by fund companies has remained at a high level since reaching a single month high in September, with a cumulative self purchase amount of nearly 2 billion yuan since the beginning of this year. Recently, China Merchants Fund and Southern Fund have announced that they will invest 50 million yuan of their own funds in their respective China Merchants CSI A500ETF and Southern CSI A500ETF, and have promised to hold them for at least one year, and will continue to use their own funds to invest in their equity funds in the future. Coincidentally, products such as the Guotou UBS CSI Hong Kong Stock Connect Central Enterprise Dividend Index and Galaxy CSI Communication Equipment Theme Index, which will be issued on October 28th and 21st respectively, will also be self purchased by their fund companies for no less than 10 million yuan. Since the beginning of this year, stock funds have become an important direction for fund self purchase. Data shows that as of October 17th, the net subscription amount of self purchased stock funds by public funds this year has approached 2 billion yuan, ranking first in the equity category and second only to bond funds, which rank first in the entire category. Recently, the market has rebounded and fund companies have increased their self purchasing efforts. In September of this year, the net self purchase amount of stock funds reached 376 million yuan, far exceeding the monthly average level since the beginning of the year and setting a new monthly high since May of this year. Since October, the net subscription amount of self purchased stock funds by public funds has reached 110 million yuan. Public funds have been frequently deployed recently. The data shows that the issuance of new funds has been intensively scheduled. Starting from October 21st, a total of 22 equity funds (calculated separately for different shares) will enter the offering period in October, with equity funds accounting for the majority. At the same time, the positions of public funds continue to increase. According to data from Tianfeng Securities (601162), from October 7th to 11th, the median positions of ordinary stock funds and equity mixed funds increased by 2.71 percentage points and 3.09 percentage points respectively compared to the previous period. This year, stock funds have been favored by funds, and in this market trend, investors are more inclined to grasp market changes through index funds. We have also increased our product and sales layout in this regard A fund company insider said. (New Society)