Today, more funds released their first quarter reports. The reporter noticed that many funds managed by Zhang Kun of E Fund continued to see significant net redemptions in the first quarter. For example, the net redemption of E Fund Blue Chip Select Mixed Fund exceeded 900 million shares. In addition, due to factors such as net redemptions, Zhang Kun adjusted the holdings of the top ten holdings of many funds in the first quarter. Among them, E Fund Blue Chip Select Fund reduced its holdings of Tencent Holdings and Alibaba-W, and slightly increased its holdings of Shanxi Fenjiu and Luzhou Laojiao. Several other funds also reduced their holdings of Tencent Holdings and Alibaba-W.