--- title: "Public offering reform measures are gradually being implemented: institutions are increasingly waiving direct sales fees and intensively adjusting risk levels" type: "News" locale: "en" url: "https://longbridge.com/en/news/276948399.md" description: "In 2025, the new regulations for the public fund industry will be gradually implemented. Industrial Securities Global Fund and Caitong Securities Asset Management, among other institutions, announced that they will waive subscription fees in direct sales channels. At the same time, fund sales activities have been standardized, and several fund companies have adjusted the risk levels of their funds, with improved risk warnings for certain special products" datetime: "2026-02-25T22:13:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276948399.md) - [en](https://longbridge.com/en/news/276948399.md) - [zh-HK](https://longbridge.com/zh-HK/news/276948399.md) --- # Public offering reform measures are gradually being implemented: institutions are increasingly waiving direct sales fees and intensively adjusting risk levels In 2025, new regulations for the public fund industry are being introduced intensively, and related reform measures are gradually taking effect. Industrial Securities Global Fund, Caitong Securities, and other institutions have announced that investors will be exempt from subscription fees when subscribing to their funds through direct sales channels. At the same time, the behavior of fund sales is further standardized, and many fund companies are intensively adjusting the risk levels of their funds, with some special products having more comprehensive risk warnings. (Shanghai Securities News) ### Related Stocks - [601377.CN](https://longbridge.com/en/quote/601377.CN.md) - [601108.CN](https://longbridge.com/en/quote/601108.CN.md) ## Related News & Research - [11:16 ETHaier ist die einzige IoT-Ökosystemmarke der Welt, die acht Jahre in Folge in die Kantar BrandZ Top 100 aufgenommen wurde](https://longbridge.com/en/news/286792596.md) - [Triad Wealth Partners Surpasses $2B in Assets Under Management, Driven by Advisor Growth and Community Strength](https://longbridge.com/en/news/286921733.md) - [Kyle Su's Kuark Capital launches $400 million Asia tech-focused hedge fund](https://longbridge.com/en/news/286853473.md) - [Hedge Fund CIO Doesn't See A 2008-Style Recession From SaaS Disruption – 'There Will Be Many Winners' In The AI Space, He Says](https://longbridge.com/en/news/286772909.md) - [Release according to article 135 section 2 BörseG](https://longbridge.com/en/news/286754366.md)