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Assets of public offering of funds hit 13.91 trln yuan in China [Copy link] 中文

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Post time 2019-12-2 11:36:52 |Display all floors
This post was edited by appleeater at 2019-12-2 11:38

The figure was 13.79 trillion yuan by the end of September, according to the AMAC, an industry body supervised by China's securities regulator.

China had 127 asset management companies at the end of October, including 44 joint ventures and 83 domestic firms, according to the AMAC.

The public offering of funds is a type of investment vehicle that collects funds from investors through public offerings and takes securities as its main investment target. It has to follow strict requirements for information disclosure and profit distribution.

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