Reported 8 months ago
As of the end of April 2024, the net asset value of China's public funds has surpassed 30 trillion yuan for the first time, showing rapid growth from 20 trillion yuan in just over three years. However, the industry's expansion has brought new challenges, leading to increased competition among fund companies, with smaller ones facing squeezed survival space. Despite this, the ETF market has shown resilience and received support from the national team, accelerating market restructuring. The article also highlights the ongoing competition and challenges faced by various fund management companies in China.
Source: YAHOO