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Equity boom pushes China fund assets to new high

Toby Yiu
Fund industry assets have grown by nearly two-thirds this year, propelled by the surging A-share market, new data reveals. And on current trends, mutual fund assets could hit Rmb10 trillion by the end of 2015.
Equity boom pushes China fund assets to new high

Assets in China’s funds industry have hit a new high, after months of blistering growth propelled by an equity bull market and allocation changes.

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