News list for " self-purchase"

Oriental Fortune plans to purchase Tibet Dongcai's equity fund for 2 billion yuan

On October 22nd, the reporter learned that today a "self-purchase" announcement from Tibet Dongcai Fund attracted great attention from the industry. According to the announcement, based on confidence in the long-term healthy and stable development of China's capital markets, and in line with the principle of risk sharing and benefit sharing with the majority of investors, the company's wholly-owned controlling shareholder, Oriental Wealth Securities joint stock company, plans to invest in Tibet ...

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2024-10-22 23:53:40
Fund self-purchasing hidden mystery: high-profile buying and quietly selling

September 11 news, fund companies actively buy from themselves, which is often regarded as a sign of clear bullish market outlook. In fact, fund companies often hide secrets: they advertise with great fanfare when they buy from themselves, and quietly when they redeem. Some companies make a high-profile claim that they buy their funds, but in fact "redeem the old and buy the new". There are also fund managers who are publicly bullish on the market outlook, while secretly reducing their holdings ...

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2024-09-11 04:58:05