October 8 is the first trading day after the holiday. 20 funds will start subscribing, forming the first small peak of issuance in October. The 20 products include 7 passive index funds, 5 partial share hybrid funds, 3 bond funds, 3 enhanced index funds, and 1 each for FOF funds and REITs. Looking at investment themes, the development direction of technology is the most concentrated, involving various segments such as chip design for science and technology innovation boards, artificial intelligence for science and innovation entrepreneurship, software development, and robotics. Dividend and value styles are heating up at the same time. Index products such as Yinhua China Securities all refer to dividend quality ETFs, GF China Securities Low Volatility ETFs, and Agricultural Bank China Securities Value 100 have been added one after another. It is worth noting that in the past three quarters, the issuance of new funds showed structural characteristics of “increase in volume and decrease in share”.

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