It mainly plays a propaganda role, hoping to stabilize people's mood and avoid large-scale redemption. Since the Spring Festival, the market has been falling continuously without stopping for a day, especially the white horse stocks with serious groups earlier, with the fastest and most serious decline. The sharp drop in the stock price, together with the fund, has also seen a sharp retreat. Not only did the citizens spit out the gains made at the end of last year, but the comment areas of major funds also mourned. Many citizens also began to take pains to tease themselves with various jokes. But at this time, fund companies can't sit still, perhaps because of the pressure brought by the retreat, or perhaps because they are worried about the large-scale redemption of the people, many fund companies have begun to buy their own.

In other words, fund companies spend their own money to buy their own funds, and even fund managers use their own money to buy their own funds. According to relevant analysis, the self-purchased fund itself is legal and may not be made public. However, in order to show confidence in the fund, most institutions have released self-purchase information in the form of announcements. However, the purchase amount is generally around several million, and the actual impact is not great, just a publicity.

Some investors said that the fund was purchased by themselves, which does not mean that it is at the bottom now, and it is possible for the fund to increase its position. In the long run, the market adjustment is completely over, and there are still great risks in adding positions now.

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Li Yongxing, deputy general manager of Yingyong Fund and director of equity investment, believes that the market has experienced a significant decline after the Spring Festival, but the risks that the market is concerned about basically come from two aspects: one is the risk of tightening monetary policy, and the other is? Fund group? Risk. Although the risk of tightening monetary policy and rising interest rates leads to? High valuation industry? The risk of falling valuation cannot be completely eliminated, but as long as monetary policy is not substantially tightened, the market will not immediately enter a bear market, because without substantial tightening of monetary policy, even if funds flow out of the stock market, there will not be many high-yield assets. At present, there are still some investment targets with low valuation but certain profits in the stock market that can provide relatively good returns.