Recently, Cinda Securities officially announced that it has subscribed to its own Cinda Yueyue Ying 30-day bond with an investment of 40 million yuan.

At the same time, along with the recent rebound in the bond market, bond funds have intensively "loosened" and resumed large-scale subscriptions. Since October, more than 20 bond funds have intensively "loosened" and announced the resumption of large-scale subscriptions.

Cinda Securities invests 40 million yuan to purchase its own bond funds

Recently, Cinda Securities announced that based on confidence in the long-term healthy and stable development of China's capital market and the company's active investment management capabilities, and the principle of sharing risks and benefits with investors, the company has recently subscribed to the Cinda Yueyue Ying 30-day bond type collective asset management plan (hereinafter referred to as Cinda Yueyue Ying 30-day bond) with an investment of 40 million yuan.

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According to the announcement, Cinda Yueyue Ying 30-day bond has been operated in accordance with public funds since February 9, 2022, and opened daily subscription and redemption business on February 21, 2022.

Wind data shows that as of the end of the first half of this year, the scale of Cinda Yueyue Ying 30-day bond fund was 1.113 billion yuan. As of October 15, the product has returned 1.84% this year, and the return rate since its establishment is 9.16%.

Bond funds intensively "loosen" and resume large-scale subscriptions

Today (October 16), multiple bond funds such as Xingye Global Hengsheng 90-day bond, Anxin China short-term interest rate bond (LOF), Hang Seng Qianhai Hengli pure bond, Yinhua Credit Four Seasons Red bond, and Fengchao Tianhui pure bond issued announcements to resume accepting large-scale subscriptions.

Among them, Xingye Global Hengsheng 90-day bond issued an announcement stating that the factors leading to the suspension of large-scale subscriptions have been eliminated. Starting from October 16, 2024, it will resume accepting applications for individual fund accounts of this fund that exceed 300,000 yuan in a single day for subscriptions (including daily subscriptions, regular fixed subscriptions), and conversion transfers. In late June this year, the fund issued an announcement to suspend accepting large-scale subscriptions (including fixed investments) and large-scale conversion transfers.

Hang Seng Qianhai Hengli pure bond also issued an announcement stating that in order to meet the investment needs of investors, it has canceled the business limit of 100 yuan for the cumulative subscription (conversion transfer, regular fixed investment) of individual fund accounts of this fund (A/C) per day since March 18, 2024.According to incomplete statistics, as of October 15th, since the beginning of October, more than 20 bond funds have intensively "loosened" their restrictions, issuing announcements to resume large-scale subscriptions.

GuoLian Fund pointed out that the future trend of the bond market will be influenced by various factors such as economic data, expectations for monetary policy, and market risk preferences. If the stock market continues to strengthen, the bond market may continue to bear pressure, but if economic data falls short of expectations, the bond market may rebound. There may be repetitive fluctuations in the short term, but the expectation for a medium-term bullish outlook still exists.

"At present, there are signs of stabilization in interest rate bonds, and credit bonds will also gradually stabilize after the easing of liquidity risks. The bond market has not yet seen risks from the fundamental and policy aspects. History has proven many times that liquidity risks are opportunities for bond allocation, and investors do not need to panic about the bond market," said Wei Fengling, a senior strategy analyst at PengYang Fund.

A medium to large fund company in Beijing stated that after the bond market's correction, it is expected to gradually stabilize. Typically, October is a seasonal inflow point for financial management funds. It is expected that after the middle and lower旬 of the month, the liability side of financial management will be more balanced, which is conducive to stabilizing the allocation demand of the bond market. The current domestic monetary policy is still in a loose cycle, and at the same time, the long-term "L-shaped" economy and the loose pricing environment make it highly likely that market interest rates will remain at a lower level, and short-term fluctuations will not affect the long-term performance of bonds.