Another example of the 'public-to-private' trend: Fan Kun, a public fund manager overseeing over RMB 10 billion in assets, has been appointed Chief Research Officer at a private fund.

① This official announcement comes exactly one year after her departure from Rongtong Fund, and she will gradually build a discretionary long-only investment research team; ② She believes that market opportunities and risks will coexist going forward, and the valuations of certain pro-cyclical and consumer-related assets have now entered a reasonable range.

cls.cnJul 20 13:15

Express News | Adjusting the pace of capital inflows, equity funds impose collective purchase limits.

BreakingsJan 19 07:24

Rongtong Fund General Manager Shang Xiaohu: Forging a Second Growth Curve with Central Enterprise-themed Products, Practicing Financial Patriotism and Serving the People through Finance

① After Rongtong Fund was integrated into China Chengtong, it drove both scale and performance growth through the mission of a state capital operations company, creating a distinctive product portfolio to serve national strategies; ② By upgrading the investment research system and leveraging AI, it transitioned from individual-driven decision-making to platform-based scientific processes, supporting high-quality development; ③ In the future, it will focus on innovation in central enterprise-themed products, deepen global asset allocation and inclusive finance, and pursue a differentiated development path to contribute to building a strong financial nation.

cls.cnJan 7 14:55

Multiple money market ETFs experience unusual movements on the exchange, prompting fund companies to quickly issue premium risk warning announcements.

Gelonghui December 30 | As the year-end approaches, the demand for subscription of funds in the market has increased, and money ETFs experienced collective abnormal fluctuations again during today's trading session. As of midday, the Jinying Zengyi Money ETF rose by 4.28%, with its secondary market price significantly deviating from the actual asset price movement. The Guoshou Money ETF, Huatai Tian Tianjin ETF, Rongtong Money ETF, and Guolian Riyin Money ETF also recorded notable gains. The Jinying Zengyi Money ETF issued an urgent announcement warning of premium risks. As a cash management tool within the exchange, money ETFs often experience abnormal fluctuations before New Year’s Day and the Spring Festival. This is partly due to concentrated subscriptions causing smaller-scale products to exhibit significant intraday movements.

Gelonghui FinanceDec 30, 2025 13:51

ETF Review | Semiconductors and Real Estate Sectors surged in the final trading session, with the Kweichow Moutai Chip ETF approaching the upper limit of gains at the end of trading, and the China Southern CSI All Share Real Estate ETF rising over 4%.

On February 12, according to Gelonghui, all three major indices in the A-shares market rose collectively. By the close, the Shanghai Composite Index increased by 0.85%, the Shenzhen Component Index by 1.43%, the Chinext Price Index by 1.81%, and the Northern Certificate 50 Index by 1.17%. The total market turnover was 1711.8 billion yuan, an increase of 33.9 billion yuan compared to the previous day. Over 3500 individual stocks in the market rose. In terms of sectors, Semiconductors, DeepSeek, Movie Theater Line, Graphite Electrodes, Liquid-Cooled Servers, and Alibaba concept stocks led the gains. Regarding ETFs, the Semiconductors sector surged strongly in the afternoon, and the Sci-tech Chip ETF from Fuguo saw a sudden increase near the closing, approaching the upper limit, with the latest premium discount rate.

Gelonghui FinanceFeb 12, 2025 15:22

ETF midday review | The "mini" MMF traded at a premium has experienced a significant drop, with the Golden Eagle Cash Gained Traded Money Market Fund-E hitting its limit down.

On February 12, at Gelonghui, the three major A-share indices showed mixed results in early trading. By lunchtime, the Shanghai Composite Index fell by 0.01%, the Shenzhen Component Index rose by 0.07%, the Chinext Price Index increased by 0.09%, and the North China 50 Index dropped by 0.96%. The All Market half-day transaction amount was 1,021.7 billion yuan, a decrease of 38.6 billion yuan compared to the previous day. Over 3,200 individual stocks in the All Market declined. In terms of sectors, the Movie Theater Line, DeepSeek, liquid-cooled Servers, computing power, and Cloud Computing AI themes led the gains; Nonferrous Metals, port shipping, aquaculture, complete Autos, and Oil & Gas exploration sectors saw the largest declines. Regarding ETFs, the Bosera Education ETF rose by 4.

Gelonghui FinanceFeb 12, 2025 11:43