The continued weakness of the Chinese stock market has led to the number of public funds liquidation rising to five years.
Bloomberg reported that a total of 240 public funds were liquidated last year, the highest since 2018, about four -fifths of which were stock and mixed funds.This liquidation tide continued until this year.According to Bloomberg's estimation, 14 fund products have been liquidated this year, and more than 20 funds have warned that they are about to be closed.
Securities Times quotes Wind data statistics. As of Thursday (January 18), 43 funds (only statistics of the main code fund) have released the total scale of less than 50 million yuan (the same as the same as the statistical main code fund) this year., S $ 9.54 million), an announcement that may trigger the termination of the fund contract.
According to the regulations, if the number of fund share holders is less than 200 for 20 consecutive working days in a row or the net value of the fund assets is less than 50 million yuan, the fund manager shall be disclosed in the regular report;If the previous situation appears before 50 working days in a row, the fund manager will terminate the fund contract after fulfilling the liquidation procedure.
Bloomberg reported that the liquidation of public fund products has accelerated, and the number of new subscribers for investors has decreased significantly, hitting a new low of 10 years, causing a double blow to the public offering industry.
