A Case Study On The Delisting Issues Of The Public Fund

The size of the first public fund set up by our country in 1998 is only 2 billion yuan. After17 years’ development, public funds grow fast. The funds’ size is over 4 trillion yuan by the end of 2014. The fund types are complete, which greatly enriched the investor’s investment channels.However, there still exist a problem in public fund industry, the number of the fund continue to increase but the overall share and the asset scale of the fund remains no significant growth. So it has very important significance in theory and practice to explore and analysis public fund’s active delisting system.This paper mainly adopts the method of case analysis to system analysis China’s public funds, and selected China Universal 28 day short-term financing bond as the object of analysis.Firstly, it introduces the current situation of China’s public fund. The phenomenon of mini fund is relatively serious, mini fund companies usually try everything to avoid delisting and the liquidation alarm always raised without any liquidation. Then, this paper analysis the significance on the fund industry of China Universal 28 day short-term financing bond’s delisting from the cause, the process and the effect it can cause by its delisting. Finally, this paper draw conclusions from the case that we should strengthen the designation of the fund company’s product structure, establish active and compulsory delisting system, and also strengthen investors protection.