China Construction Bank has issued a notice to raise the risk level of 39 distributed actively managed equity funds. Prior to this, many commercial banks have tightened the sale of public fund products with ultra-risk rating. In the industry's view, this is an active measure by banks to enhance sales appropriateness management and protect investor rights and interests, and future distributors may further strengthen the fund's risk rating management. Recently, many banks are strengthening the management of the risk level and related businesses of the funds they distribute. At present, many commercial banks are tightening the sale of public fund products with ultra-risk rating, and some banks no longer allow individual investors to purchase public fund products with ultra-risk rating. For example, Minsheng Bank, Ping An Bank, CM Bank, and WeBank have all canceled the self-purchasing function of public fund products for customers with ultra-risk rating on their APP. (China Fund News)