On August 14, it was learned from the China Securities Regulatory Commission that three funds were approved for issuance this Friday, including two hybrid funds and one stock fund. It is reported that the three approved funds are from the Noah Fund Management Co., Ltd., Changsheng Fund Management Co., Ltd., and the New Century Fund Management Co., Ltd.. A relevant person from Noah Fund said that the approved Noah Optimized Allocation Securities Investment Fund is a hybrid fund. In addition, the Changsheng Fund Company also got approval for a hybrid fund. The New Century Fund Company received approval for a stock fund.