Some 73 new open-ended equity and balanced funds were launched in June, taking the total to 4,110, data from the Asset Management Association of China (AMAC) showed.
SHANGHAI: China's mutual fund industry saw another massive jump in new products and subscriptions in June, suggesting the swift rally in mainland stocks has room to run further.
Some 73 new open-ended equity and balanced funds were launched in June, taking the total to 4,110, data from the Asset Management Association of China (AMAC) showed.
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