CCTV News : The latest data released by the China Securities Investment Fund Industry Association yesterday (14th) showed that there are currently 149 fund management companies in China, including 44 Sino-foreign joint ventures, 105 domestic-funded companies, and all public funds managed by institutions. The net assets totaled 16.9 trillion yuan, a half-year increase of 14.47%.
As of August 14, the scale of newly issued funds has reached 1.78 trillion yuan, which has exceeded the 1.43 trillion yuan in 2019. So far this year, there are 106 newly established funds of more than 5 billion yuan, with a total scale of nearly 1 trillion yuan.