Can't sell? Why did the new fund fail?

Since this year, under the volatile market of a shares, the market panic has intensified and the fund issuance has become more difficult. Following the failure to raise the Boc International (China) Co.Ltd(601696) Guozheng new energy vehicle battery ETF, on February 16, Tongtai Tongxiang hybrid under Tongtai fund also failed to raise. The number of failed new funds raised during the year has increased to two. This topic will be interpreted from the perspectives of market transmission factor analysis, the reasons for the cold issuance of funds, investor attitude and so on.