China's privately offered funds drop in December
The scale of China's privately offered funds stood at 15.98 trillion yuan (2.51 trillion U.S. dollars) by the end of December, data from an industry association showed.
Source: Xinhua
The scale of China's privately offered funds stood at 15.98 trillion yuan (2.51 trillion U.S. dollars) by the end of December, data from an industry association showed.
The volume went down 851.8 billion yuan, or 5.06 percent from the end of the previous month, according to the Asset Management Association of China (AMAC).
Established in 2012, the AMAC is a self-regulatory organization that represents China's mutual fund industry.
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