Beijing, October 31 (Xinhua): The scale of China's public offering funds registered a slight expansion at the end of September, data from the Asset Management Association was shown from China. P>
Total assets administered by the funds increased by 6.46 billion yuan (approximately 960.45 million US dollars) at 17,805 trillion yuan at the end of September, According to the association. P>
At the end of last month, a total of 7,644 public offering funds were operated by fund management entities in the country. p>
China's asset management industry expanded more slowly in recent years as the authorities joined the regulations to contain risks derived from the products of Management of wealth. P>
In 2017, deleting the guidelines that cover the unified asset management products issued by all types of financial institutions, which require them to establish leverage ceilings. Enditem p> follow by China.org.cn on Twitter and Facebook to join the conversation. Download applications from ChinaNews
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