Funds welcome spin-off Tide 37 billion market in July FireWire.

<P>: Http:// hearing, according to announcements and media reports indicate that by mid-July, will mark the split wave of high-quality funds, Vanguard funds harmony, sea Fortis Select Fund, Equity Fund, Allianz Global Investors Selections ., Yimin Dividend Growth Fund will be split, with the Fund Yuhua "Feng Zhuankai" may bring to market billion yuan of incremental funding, the funds will total 37 billion into the stock market. .</ P> <P> According to "China Securities News" reported that the sea Fortis Fund will be selected July 4 break, the unit value will be split into a dollar face value, it is understood, in order to fund future investment operation and a smooth Jiancang .needs, from the split announcement date June 28 within one month from the sea will continue to purchase Fortis Select Fund to implement the overall size limit of eight billion yuan control. .Suspend subscription for the purchase amount of the previous day, will take "end of the proportion of placing" the principle of apportionment. .</ P> <P> Allianz Global Investors Selections Fund Equity Fund will be split on July 9, when the fund will purchase a limited release billion yuan; the League of Nations Stabilization Fund Management Company July 3 announcement that .The company's Five Star Equity Fund - Allianz Global Investors Selections Fund Equity Fund 9 July 2007 split. .The Fund will release the purchase will be limited to ten billion yuan, also a "doomsday proportion of placing" principle. .</ P> <P> million fund is expected to be harmonious implementation of the split in mid-July. .By then, investors can Industrial Bank, China Construction Bank and other banks and major brokerage commission agencies to purchase the price of one dollar. .Harmony Foundation will split the million billion ceiling for the size, over five billion will be proportion. .</ P> <P> Yimin Yimin fund management company's dividend growth fund split has been approved by the SFC program is expected to formally split the near future. .Yimin Dividend Growth Fund, the main features of this split is to split a limited scale, Yimin fund management company is not the total size of the fund over four billion as the upper limit. .</ P> <P> purchase this four funds amounted to 27 billion, due to the subscription before the scenes of the hot new funds, and fund the current state of Jing Shengou, we believe that to raise ceiling is to be expected. .Has been completed, according to "Feng Zhuankai" of closed-end fund-raising point of view, due to the Fund in July Yuhua "Feng Zhuankai" Maybe the market will bring incremental billion yuan of funds. .</ P> <P> In addition, the 347 funds in the first half 2007 results on July 2 disclosure is completed. .China Galaxy Securities Funds Research Center report shows that, as of June 30, 347 total 1.799073 trillion yuan of net assets of the Fund, copies of 1258460000000 total share of the scale, the end of 2006 were 2.1 times and 2.02 times. .Direction of the stock reached 1.67112 trillion yuan of net assets of the Fund, representing the market value of Shanghai and Shenzhen A shares in circulation of about 31.25%. .</ P> <P> China Galaxy Securities analyst Hu Lifeng, chief fund said the substantial increase in the size of fund shares, indicating that the fund industry's ability to further increase social mobilization, more and more investors into the A share market through the Fund; fund assets .significant increase in the net, indicating ample liquidity fund, purchase enthusiastic. .Because many of the new funds and is currently ongoing marketing of the old fund shares lower position, if the stock investment ceiling in accordance with the Fund calculated that he expects the cash position of the Fund can still twenty billion yuan into the stock market. .</ P> <P> </ P>.