ChinaUS EUROPEASIA 中文双语Français
Business\Economy

China's asset management business scale hits 51.79t yuan

Xinhua | Updated: 2017-02-04 11:19

BEIJING -- The total scale of China's asset management businesses stood at about 51.79 trillion yuan ($7.54 trillion) by the end of 2016, data from an industry body showed Friday.

The figure amounts to a year-on-year increase of 31.4 percent, according to statistics released by the Asset Management Association of China.

The growth rate plunged from an annual growth of 92.2 percent in 2015.

In breakdown, fund management companies operated public funds worth about 9.16 trillion yuan, with 3,564 open-end funds.

They also managed assets worth nearly 16.89 trillion yuan for segregated accounts.

Value of asset management businesses of futures companies stood at 279.2 billion yuan.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US