Mutual funds set to fly, says McKinsey2021-10-18
China's mutual funds are expected to maintain high growth at an annualized rate of 18 percent from 2019 to 2025 as a result of the country's capital market reform, said McKinsey & Co.
China's privately offered funds expand2021-10-18
China's privately offered funds managed 15.12 trillion yuan (about 2.27 trillion U.S. dollars) at the end of September, up 0.6 percent from the end of August, industry data showed.
ETFs fast gaining popularity2021-10-18
Chinese fund management companies should ride the boom of pension fund-of-funds providers and work closely to develop more exchange-traded fund products for longer-term retail wealth, according to a new survey.
China grants 50 bln yuan RQFII quota for Netherlands2021-10-18
China has extended its Renminbi (RMB) Qualified Foreign Institutional Investors (RQFII) program to Netherlands, with a quota of 50 billion yuan (about 7.3 billion U.S. dollars), the central bank said Wednesday.