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Record-high New Fund Formation This Yr, with Likely Over RMB100B Fund Inflow
954 funds have been established in China YTD as of 17 December, surpassing 947 funds in 2016 to log a historical high, as China Securities Journal cited data.Equally, net asset val...
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Record-high New Fund Formation This Yr, with Likely Over RMB100B Fund Inflow
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2019/12/19 08:49
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954 funds have been established in China YTD as of 17 December, surpassing 947 funds in 2016 to log a historical high, as China Securities Journal cited data.

Equally, net asset value of stock funds amounted to RMB1.070769 trillion, up 45.09% from RMB332.751 billion at end-2018. It is expected that incremental fund inflow to mutual funds will reach over RMB100 billion next year.
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