China's Mutual Funds Reach Record High amidst Bond and Stock Market Surge

Friday, 24 May 2024, 08:34

China's mutual funds have soared to a historic high of US$4.1 trillion, fueled by a booming bond market and the resurgence of stocks. Investors are increasingly moving away from traditional deposits towards fund products, reflecting a shift in market sentiment and investment preferences. This significant milestone underscores the growing appeal of mutual funds in China's evolving financial landscape.
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China's Mutual Funds Reach Record High amidst Bond and Stock Market Surge

China's Mutual Funds Surge Past Record Levels

The expansion has been driven by a stellar run in the bond market and a stabilisation in stocks, as investors shift to fund products.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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