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Live Updates  >  Live Update Details

2025-07-30 14:07:58

[Multiple funds shut down APPs] Ping An Fund recently issued an announcement on the migration of APP business, stating that it will officially migrate the functions and services of the "Ping An Fund" APP to the official website and the "Ping An Fund" WeChat service account on August 31, 2025. At that time, the company will suspend the operation and maintenance services of the APP. If there is a plan to resume operations, it will be notified separately. Shutting down its APPs seems to have become a trend among small and medium-sized public fund companies. Since the beginning of this year, public funds such as China Life Security Fund and Qianhai Kaiyuan Fund have successively announced the termination of the operation of their mobile client APP businesses; earlier, public funds such as Everbright Prudential Fund, Changsheng Fund, and Caitong Fund all suspended or terminated the operation of APP last year. "For most small and medium-sized fund companies, the activity of APP users is low, and the capital flow it brings is very small, but it requires an investment of millions or even tens of millions of yuan in expenses for operation, maintenance and optimization, and the input-output is not proportional." An industry insider said

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