China's Fintech Explosion: Disruption, Innovation, and Survival by Hsu Sara; Li Jianjun
Author:Hsu, Sara; Li, Jianjun
Language: eng
Format: epub
Tags: BUS004000, Business & Economics/Banks & Banking, BUS025000, Business & Economics/Entrepreneurship
Publisher: Columbia University Press
Published: 2020-08-04T00:00:00+00:00
TABLE 5.1
China Mutual Fund Assets Under Management (RMB)
Category December 2016 December 2017
Money market 4.32 trillion 6.74 trillion
Allocation (mixed asset) 1.65 trillion 1.76 trillion
Fixed income 1.24 trillion 1.31 trillion
Equity 440 billion 540 billion
Other 397 billion 316 billion
Data source: Piotr Zembrowski, âChinaâs Mutual Funds: Two Charts,â Fund Selector Asia, February 8, 2018, https://fundselectorasia.com/chinas-mutual-funds-two-charts/.
China needs to improve investment outlets in several key areas:
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