The trend of reducing fees for public funds continues. Recently, many fund companies including China Bank, Industrial Bank, Penghua Fund and Taixin Fund have announced a reduction in fees for their funds. According to statistics, nearly 100 public funds have announced fee reductions since the beginning of this year, including various types of products such as active equity, bonds, ETFs, FOFs, etc. In the view of industry insiders, reducing fees for funds is a practice that benefits the public. In the long run, this move is beneficial in increasing the attractiveness of funds to investors, prompting fund companies to improve operational efficiency, and pursue more diversified sources of income. (Shanghai Securities News)