A number of China Fund Companies announced on Monday (August 21) that their own funds have purchased their own funds, with a total amount of 600 million yuan (RMB, the same below, S $ 113 million).
According to the First Financial Report, many fund companies have claimed that the reason for its own purchase is "based on confidence in long -term healthy and stable development of the Chinese capital market", andIn principle, the category of self -purchase funds is equity fund.
As of now, eight companies including Huaxia Fund, Carnesses Fund, Huitianfu Fund, Yifangda Fund, and Wells Fund Fund have announced their own purchase, with a total amount of 600 million yuan.
Among them, Guotai Junan's own purchase of 200 million yuan, CITIC Securities self -purchased 100 million yuan.Its equity fund products.
The China Securities Regulatory Commission mentioned that vigorously developing equity funds on Friday (18th) is an important part of investment reform. Focus on measures include guiding public fund managers to increase their own equity funds.
Earlier, the Political Bureau of the Central Committee of the Communist Party of China made a deployment of the capital market work on July 24, clearly proposed that "the capital market must be active and boost investor confidence."