Since the second half of the year, market fluctuations in the A-share market have increased. The net worth performance of sub-new funds that opened positions during this period clearly diverged. As of September 11, most of the funds established in the second half of the year had begun to open positions. The difference in yield between the fund with the most floating profit and the biggest loss was close to 33 percentage points. Looking at the sector, the upward trend in the resource sector, which is driven by geographical risk and energy transformation, has brought rich returns to funds related to opening positions; funds that open positions amid the decline in the technology sector have experienced significant losses.

Since the second half of the year, market fluctuations in the A-share market have increased. The net worth performance of sub-new funds that opened positions during this period clearly diverged. As of September 11, most of the funds established in the second half of the year had begun to open positions. The difference in yield between the fund with the most floating profit and the biggest loss was close to 33 percentage points. Looking at the sector, the upward trend in the resource sector, which is driven by geographical risk and energy transformation, has brought rich returns to funds related to opening positions; funds that open positions amid the decline in the technology sector have experienced significant losses.