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Economy

Scale of China’s public offering fund assets exceeds RMB 14 trln yuan by end Aug.

September 30, 2018


Abstract : China’s public offering fund assets totaled 14.08 trillion yuan by the end of August, with an increase of 245.2 billion yuan in the month.

公募基金

BEIJING, Sept.30 (Xinhua) -- China’s public offering fund assets totaled 14.08 trillion yuan by the end of August, with an increase of 245.2 billion yuan in the month. To be specific, in August, the monetary funds and bond funds increased 305.9 billion yuan and 44.5 billion yuan, respectively, according to statistic from Asset Management Association of China.

It is noted that only monetary fund and bond fund registered growth in August, while other types of funds shrunk. Specifically, equity funds, mixed funds and QDII funds shrunk 29.5 billion yuan, 77.8 billion yuan and 77.8 billion yuan, respectively, according to the statistic. (Edited by Jiang Feifan, Hu Pingchao)

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Keyword: funds China-financial-market

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