Spring Festival holiday has just ended, and the issuance of new public funds has quickly returned to a busy pace. According to statistics from the subscription start date, between February 24 and February 28, the first week after the Spring Festival, as many as 36 funds were planned to be launched, covering various products including active equity, bonds, FOFs, and index funds, with new products almost going online every day. In addition to the products that were already on sale before the holiday, the supply side did not slow down because of the holiday; instead, a relatively tight round of issuance rhythm was formed before and after the holiday. Looking at the whole year, since the beginning of the year, a total of 231 new funds have started to raise funds, with equity and related products accounting for nearly 70% of the total, and a combined issuance scale (based on products that have completed fundraising) of about 178 billion yuan, nearly doubled compared to the previous year, with an average size of over 900 million yuan per fund. Several channel professionals judged that after experiencing a slowdown in issuance in the previous years, the pace of new fund issuance at the beginning of this year has significantly accelerated, especially with the increase in the proportion of equity mixed funds and multi-asset FOFs, reflecting the re-balancing of institutional and individual investors' views on medium to long-term market opportunities. One professional from a public fund market department in East China admitted that the issuance arrangement in the first week after the holiday was both a concentrated digestion of previously approved products and a quick response to the subscription intentions accumulated during pre-holiday roadshows. "This year, everyone is generally not so pessimistic about the issuance rhythm at the beginning of the year, but rather trying to figure out which type of products better reflect structural opportunities." Speeding up new fund issuance in the first week after the Spring Festival, 36 funds were launched Specifically in the first week after the Spring Festival, among the 36 new funds planned to be launched between February 24 and February 28, active equity funds dominated the scene. In terms of product type breakdown, there were 14 active equity products including equity mix, common stocks, 6 bond funds, 5 FOF products, and 11 index funds, mostly passive tracking and enhanced index funds. In the first week after the holiday, the new product supply formed a relatively balanced layout between risk preference and stable demand. In terms of sub-strategies, among the equity-oriented new products in the first week after the holiday, equity mixed funds accounted for the absolute majority, covering directions such as technology growth, industrial upgrading, pharmaceutical consumption, among others. Some funds also adopted quantitative stock selection or quantitative enhancement strategies, hoping to improve stock selection efficiency in a market environment where structural opportunities frequently emerge. Index products were concentrated in niche areas such as brokerage, ChiNext 50, animal husbandry, batteries, non-ferrous metals, etc., encompassing both broad-based enhanced index funds and thematic ETFs and feeder funds, providing post-holiday "rebalancing tools" for funds that prefer passive investments. From this perspective, the index new issuances in the first week after the holiday this year are "more industry and theme-oriented," indirectly indicating that there is still anticipation for capital rotation among structural sectors.Finding a new balance point between innovation and stability.This article was reprinted from "Financial Association", GMTEight Editor: Lifo.