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Chinese MMFs seen shrinking further due to new rules

China's money market fund may see slower fund flows, as regulator releases new rules on mutual funds' liquidity management.
Chinese MMFs seen shrinking further due to new rules

New rules to control mutual fund liquidity risks in China are set to hit the country’s money market funds (MMFs) hardest by making it tougher to attract outsourced bank money with bespoke products.

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