Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's privately-offered funds expand in 2018

January 28, 2019


Abstract : The total value of privately-offered funds in China stood at 12.78 trillion yuan (1.88 trillion U.S. dollars) at the end of last year.

BEIJING, Jan. 27 (Xinhua) -- The total value of privately-offered funds in China stood at 12.78 trillion yuan (1.88 trillion U.S. dollars) at the end of last year.

The figure was up 1.68 trillion yuan, or 15.12 percent, from the end of 2017, according to data from the Asset Management Association of China.

The number of private funds filed by authorities rose 12.38 percent to 74,642 by the end of last year.

At the end of December, the value of funds invested in securities shrank 1.02 percent from November to 2.24 trillion yuan partly due to the weak stock market.

The value of private equity funds, which invest in non-listed companies, edged up 0.35 percent from November to 7.71 trillion yuan by the end of December.

Meanwhile, the value of venture capital funds nudged up 1.16 percent from November to 890 billion yuan, according to the association.

Scan the QR code and push it to your mobile phone

Keyword: China-financial-market privately-offered-fund

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial