www.no-a.cn Financial Securities Stock Fund Data: In this round of adjustment, the net asset value of equity-oriented funds dropped by more than 12%, with significant declines in heavily weighted stocks.

Among these funds, as many as 56 funds have seen their net asset value (NAV) per unit drop by more than 13%, while 26 funds have experienced a drop of more than 15%. Due to their high positions and passive management, index funds have been heavily impacted by the shrinking of fund NAVs. Statistics show that the average decline in NAV for 17 index funds is as high as 16.09%.