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New funds are being filed intensively, with additional capital increasing investment in the technology sector.
People’s Financial News, March 18 — According to Choice data, as of March 17, approximately 40 new technology equity funds have been established this year (including different share classes), with a total first-time fundraising exceeding 20 billion yuan. In terms of ETF fund flows, technology ETFs received nearly 50 billion units of net subscriptions, with some products experiencing net subscriptions of over 10 billion units. Industry experts believe that, driven by Nvidia’s annual GTC conference and the multiple trends in the tech industry, along with the continuous entry of technology products, the technology sector is expected to attract additional capital in the future. The long-term investment value of AI remains worth paying attention to. (Shanghai Securities News)