New funds are intensively closed in advance, with a strong signal of market recovery.

On March 12th, Jinshi Data reported that recently, there have been frequent occurrences of premature fundraising in the new fund market, with investors showing high enthusiasm to enter the market and funds accelerating their entry, indicating a positive signal of market recovery. It was noted that various types of fund products have ended their fundraising ahead of schedule, including bond funds, index funds, and actively-managed equity funds, among which the Huatai Bairui SSE STAR Market 200 ETF and other STAR Market ETF products have been sought after by the market. Industry insiders analyze that after a period of sluggish adjustment, the market has stabilized and rebounded, with investors becoming more optimistic about the future market outlook. In addition, technology innovation funds have performed well, with multiple ETF products ending fundraising ahead of schedule, reflecting investors' increased willingness to allocate to technology-related assets. Against the backdrop of a recovering market, ETF products have become an important channel for investors to participate in the technology growth trend due to their efficiency and low cost advantages, boosting confidence in the future performance of tech stocks in the market.

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