Only 20.7 billion new funds were issued in May, the lowest in a month in eight years.

FIFA, May 29 / PRNewswire-FirstCall-Asianet /-- the market is volatile and the money-making effect is poor, and the fund issuance market is at a freezing point. Taking the subscription start date as a measure, 25 funds were set up in May, with 20.747 billion shares issued, the lowest since September 2015, according to Wind. (reporter Yan Jun)