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2. The influence of index funds into individual pensionsImprovement of market stability: the entry of long-term funds into the market will help reduce short-term fluctuations in the market and improve market stability, which is of positive significance to the healthy development of the capital market.According to official data, as of December 12th, the number of products that can be invested by individual pension in Public Offering of Fund has increased to 284, all of which have announced the establishment of Y share. This expansion is expected to have the following impact on the market:

2.1 Increased market liquidity1.2 Impact of market expansion1.2 Impact of market expansion

The first batch of 85 index funds are included in personal pension investment. How will the expansion affect the market? Interpretation of many fund companies2.6 Economic growth and wealth effect