BEIJING, Dec. 19 (Xinhua) -- The scale of China's public offering funds newly issued in 2020 has exceeded 3 trillion yuan (about 459.3 billion U.S. dollars).
A total of 1,332 public offering funds were set up by Dec. 16 this year. Of these, 31 have seen their return rates over 50 percent since issuance, according to data from financial information provider Wind.
The average return rate of the newly issued funds was 7.83 percent by Dec. 15, and that of the stock funds was 16.29 percent, Wind data showed.
New energy vehicles were one of the hot investment areas during the year, said Wind. Enditem
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