The China Securities Regulatory Commission revised and issued the “Regulations on the Administration of Sales Expenses of Publicly Raised Securities Investment Funds”. Among them, it is proposed to rationally reduce the level of public fund subscription fees and sales service rates to effectively reduce costs for investors. Simplify the redemption fee schedule and make it clear that all redemption fees are included in the fund's assets.

The China Securities Regulatory Commission revised and issued the “Regulations on the Administration of Sales Expenses of Publicly Raised Securities Investment Funds”. Among them, it is proposed to rationally reduce the level of public fund subscription fees and sales service rates to effectively reduce costs for investors. Simplify the redemption fee schedule and make it clear that all redemption fees are included in the fund's assets.