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China Post Venture Fund today issued the “Notice on Using Inherent Capital to Invest in Its Equity Public Funds”. According to the announcement, based on confidence in the long-term healthy and stable development of China's capital market, the China Post Venture Fund will use its inherent capital of RMB 30 million to invest in its equity public fund in the near future. The company stated that it will adhere to the concept of long-term investment and value investment and continue to create value for fund share holders. Since October, the amount of private fund purchases has reached 1,575 billion yuan. Among them, seven public funds, including Morgan Fund, E-Fangda Fund, Huaxia Fund, Wells Fargo Fund, and Huitianfu Fund, recently purchased their own active ETFs, with a total self-purchase amount of 1.5 billion yuan. Furthermore, ICBC Credit Suisse Fund purchased its own construction machinery ETFs at the beginning of this month, with a self-purchase amount of 45 million yuan.
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China Post Venture Fund today issued the “Notice on Using Inherent Capital to Invest in Its Equity Public Funds”. According to the announcement, based on confidence in the long-term healthy and stable development of China's capital market, the China Post Venture Fund will use its inherent capital of RMB 30 million to invest in its equity public fund in the near future. The company stated that it will adhere to the concept of long-term investment and value investment and continue to create value for fund share holders. Since October, the amount of private fund purchases has reached 1,575 billion yuan. Among them, seven public funds, including Morgan Fund, E-Fangda Fund, Huaxia Fund, Wells Fargo Fund, and Huitianfu Fund, recently purchased their own active ETFs, with a total self-purchase amount of 1.5 billion yuan. Furthermore, ICBC Credit Suisse Fund purchased its own construction machinery ETFs at the beginning of this month, with a self-purchase amount of 45 million yuan.
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