China's public offering funds value hits 28.71 trln yuan

0 Comment(s)Print E-mail Xinhua, October 2, 2023
Adjust font size:

BEIJING, Oct. 2 (Xinhua) -- Assets under the management of China's public offering funds totaled 28.71 trillion yuan (about 4 trillion U.S. dollars) by the end of August 2023, data from the Asset Management Association of China showed.

By the end of August, a total of 11,111 public offering funds were being operated by 144 fund management companies, the association said.

The scale of closed-end funds neared 3.77 trillion yuan, with open-end funds at about 24.94 trillion yuan, the data revealed.

Of the 144 fund management companies, 48 are foreign-funded and 96 are domestic firms, according to the association. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter