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 Dongcai Fund's exchange-traded open-ended index funds (ETFs), stock index funds and partial stock hybrid funds, with an amount of no more than RMB 2 billion. In this regard, some industry analysts said that this "self-purchase" not only set a new record, but also shows the confidence of Oriental Wealth Securities in the class A share market.