Five new mutual funds worth a total of Rmb200 billion are believed to have been funded by the Chinese government to support the equity market after weeks of wild A-share price swings.
Tag : e-fund
China's securities regulator posted a cross-border ETF application by E-Fund on its website, only to remove it the same day. The market has been busy puzzling over the reasons why.
The trend in China towards passive investing bodes well for both asset managers' products.
