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After Qiu Dongrong left, Zhonggeng Fund's products accumulated a net redemption of more than 2 billion shares in the third quarter.
On October 24, Jinshi Data reported that several products under Zhonggeng Fund disclosed their third-quarter reports today. It was noted that there were significant redemptions in the third quarter, with a total net redemption of over 2 billion shares. Among them, Zhonggeng Value Pioneer had a net redemption of over 500 million shares, and Zhonggeng Hong Kong Stock Connect Value Stock had a net redemption of over 400 million shares. In addition, the top ten holdings of several funds also saw significant adjustments. For example, in the Zhonggeng Small Cap Value Stock Fund, six of the top ten holdings were replaced in the third quarter, and in the Zhonggeng Value Quality One-Year Holding Fund, five of the top ten holdings were replaced. (Every Economy)