China Fund refers to an institutional form established in China, which is jointly invested or funded by institutional or individual investors, and engages in securities investment activities by using the fund model. China Fund can be composed of infrastructure, stocks, bonds and money markets, and has become an indispensable part of the current China stock market. So when did the China Fund start to rise?

First of all, the history of China funds can be traced back to the initial stage of the national securities market. From 65438 to 0984, China promulgated the Securities Law, which opened the era of China's securities market. In the following ten years, China's securities market developed rapidly, and at the same time, a number of investment institutions with funds as their main investment tools were born. During the period of1990s, China Fund gradually developed into the mainstream securities investment mode. After 2003, with the rise of the stock market and the increase of the number of funds, the scale of funds in China has gradually expanded.

Secondly, in the initial stage of China Fund, the fund business entered the fast lane of mature market. Fund companies have become an important force in China's capital market. A large number of investors have begun to focus on investment, and the scale of fund management assets has been expanding. 20 10 The global financial crisis caused the global stock market to plummet, and a large amount of foreign capital poured into the China market, which gave the China fund market an opportunity to develop rapidly. In the following years, with the promotion of relevant national policies, fund companies continuously optimized their management and improved their service quality, and Huaxia Fund has become an indispensable part of the domestic market.

Finally, in recent years, with the slowdown of economic growth and the increase of stock market volatility, China's fund industry has also encountered certain tests. Under the influence of the economic downturn, the performance of many fund companies has declined, and even the net value of funds is negative. However, with the government's policy regulation and changes in market demand, China's fund industry is still growing. At present, China Fund continuously brings efficient, stable and sustainable returns to investors through steady operation and reasonable asset allocation.

To sum up, China Fund rose gradually in the early stage of the development of China's securities market. In the past few decades, with the changes of national policies and the constant evolution of market environment, China's fund industry has gradually become an indispensable and important force in the domestic securities market. At the same time, despite certain difficulties and challenges, China Fund will continue to develop and provide investors with efficient and stable investment channels.