Correcting short-term trading behavior, controversial features removed from distribution channels

The latest development in the industry turmoil caused by a certain fund company's illegal sales has emerged. Recently, regulatory authorities have explicitly required fund sales institutions and third-party platforms to conduct self-examinations and corrections, and to timely remove functions that may mislead investors. Currently, several mainstream distribution channels, including Ant Fortune, Tonghuashun Fund, and JD Finance, have completed functional adjustments, removing real-time valuation and related short-term ranking lists. However, some platforms have indirectly indicated price fluctuations through methods such as the rise and fall of related sectors, or by presenting fund holding lists and fund watchlists. Industry insiders believe that the regulatory requirements aim to correct fund companies and channels' pursuit of short-term scale, as well as investors' frequent short-term trading behavior, encouraging long-term investment. (China Securities Journal)