BEIJING, July 21 (Xinhua) -- A total of 681 private equity (PE) funds completed registration filing in China during July 13 and 17, according to data from simuwang.com, a financial service platform, on Monday.
Among them, 77.53 percent or 528 ones are securities-investing PE funds, hinting investors' long-term confidence in China's stock market.
Analysts from Yuyi Asset believed that last week's A-share market dive was not an end of this bout of rally but a brief correction and predicted the equity market would still remain relatively active in a short term.
They said that the factors supporting the future stock market rally including the continued global economic recovery, loose liquidity worldwide, and ongoing innovation on China's capital market have not changed by far.
Driven by export and investment, China's economic growth is still rebounding this quarter and for individual investors, stock investment is more attractive than other products, according to Yuyi Asset analysts. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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