As an important institutional investor in the market, public funds use real gold and silver to increase the equity assets and value the long-term investment value of a shares. Some fund analysts said: on the one hand, the public fund self purchase partial share fund reflects the trust of the investment and research team of the company, on the other hand, it also reflects the basic judgment of the company on the overall market trend.
Xingquan Fund announced in the evening of February 3 that the company will use its own funds to purchase about 37 million yuan of the companys partial share public funds, and will purchase about 23 million yuan of additional funds on February 4, totaling about 60 million yuan of its partial share funds. At the same time, Xingquan fund also adjusted the limit of subscription scale of its four products. In this regard, Xingquan Fund said that it was to provide more choices for investors by opening the subscription application of the pre limit fund.
On April 4, a number of public funds successively joined the ranks of self purchase: Yinhua Fund announced that it had purchased 50 million yuan of its partial share fund; huitianfu Fund announced that it had invested 200 million yuan of its own funds in the partial share fund of the company on April 4; Boshi Fund announced that it would purchase no less than 50 million yuan of its own funds
While announcing the self purchase funds, these fund companies also expressed their confidence in Chinas economy and capital market.
Yinhua Fund believes that although the epidemic will hurt the economy in the first quarter, the domestic economy has shown signs of stabilizing in the fourth quarter of last year, and the demand will recover after the epidemic control. In addition, the favorable policies for stabilizing the economy have been implemented one after another, and the economy will be back on track, and the long-term trend of the stock market will continue to perform.
Boshi Fund said that although the epidemic will bring a certain negative impact on the economy in the short term, and the equity market may fluctuate in the short term, it is difficult for the epidemic to change the operation and development trend of Chinas economy and capital market. With the efforts of all parties, the epidemic will be controlled in time, and the economy will regain the trend of stabilizing and rebounding again after the short-term fluctuations. In this process, new industries, new technologies, new life and business models will also be promoted, bringing new opportunities for value investors.