By the end of June, There Were 136 Fund Management Companies in China
By the end of June, there were 136 fund management companies in China. Among them, 44 are Chinese-foreign joint venture companies and 92 are domestic companies; 13 securities companies or asset management subsidiaries of securities companies and 2 insurance asset management companies have obtained the qualification of public fund management. The net asset value of public funds managed by the above institutions totaled 23.03 trillion yuan. (Source: Asset Management Association of China)
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