On December 30th, as of December 28th, the number of public fund products was 12400, the number of fund shares was 29.79 trillion, and the net asset value of the fund was nearly 31.9 trillion yuan. Calculated on an annual basis, the above three data are all new highs in recent years. What are the new changes in fund self purchase while the scale of public funds continues to rise? Fund self purchase refers to the behavior of fund companies or fund managers using their own funds to purchase fund products under their management. Industry insiders believe that large-scale self purchases by public funds not only inject incremental funds into A-shares, but also deeply bind the interests of fund companies and fund managers with those of investors, which is a way for them to convey confidence to the market and help stabilize market sentiment. (Securities Times)
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