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
Data

China's private funds hit 1.85 trillion USD

February 22, 2018


Abstract : China's private investment funds amounted to 11.76 trillion yuan (about 1.85 trillion U.S. dollars) at the end of last month, up by 660 billion yuan in January, data from the Asset Management Association of China (AMAC) showed.

BEIJING, Feb. 18 (Xinhua) -- China's private investment funds amounted to 11.76 trillion yuan (about 1.85 trillion U.S. dollars) at the end of last month, up by 660 billion yuan in January, data from the Asset Management Association of China (AMAC) showed.

The sector picked up speed from a 100-billion-yuan increase in the previous month.

Funds for securities expanded to 2.61 trillion yuan as of January, up by 320 billion yuan from the previous month, while those for private equities and venture capital stood at nearly 7.09 trillion yuan, AMAC data showed.

By the end of January, the number of private fund managers climbed to 22,883, up by 437 from the end of 2017, despite total employees in the sector shrinking 33,700 year on year to 238,300 as of December 2017.

In November last year, draft guidelines unified rules covering asset management products issued by all types of financial institutions, requiring them to set leverage ceilings. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China private funds

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