In fact, the fund's net value soared, which basically has nothing to do with the fund's investment income, mostly caused by huge redemption. There are two reasons why the huge redemption leads to the soaring fund net value: one is the huge redemption fee generated by the huge redemption, and the other is that the fund valuation method leads to the increase of the fund net value of the remaining investors. If the fund is redeemed if it is not held long enough, there is a redemption fee. All or part of these redemption fees will be included in the fund assets. If a large amount of redemption fees are generated, the remaining investors can share these redemption fees, and the fund's single net value will skyrocket.