How long will Public Offering of Fund sell after it is approved?
The fund industry is an industry that depends on the scale of capital operation. The decline of distribution share indicates the increase of distribution cost. However, fund companies are still happy to issue new funds. In addition to being limited by the CSRC's stipulation that funds must be issued within six months after obtaining approval, more fund companies do not hope for the profit of a single fund, but hope to gain investors' long-term trust by improving their product lines.