A · Important
[China Securities Regulatory Commission: Lifting the mandatory liquidation line of "200 million in three years" for sponsored funds and making exit conditions equal to those of ordinary funds] The China Securities Regulatory Commission today released the "Measures for the Operation and Management of Publicly Offered Securities Investment Funds (Draft for Comments)" and publicly solicited opinions from the public. Revise and optimize the exit requirements for sponsored funds, delete the special provisions that require forced liquidation of sponsored funds if their scale does not reach 200 million yuan after three years of establishment, and level the exit threshold for sponsored funds with that of ordinary funds. This has positive significance for products such as pension FOF and partial stock products that comply with regulatory guidance but require long-term cultivation. (Reporter Zhou Xiaoya)
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