BUSINESS● LOWAug 27 · Aug 27, 2026, 4:00 AM
Chip sell-off helps boost China’s private funds as US$83.3b is pulled out of mutual funds
South China Morning Post
The assets managed by China’s private funds grew last month as those of its mutual funds shrank, with investors diversifying their portfolios amid a sell-off of semiconductor shares. The net assets under management (AUM) of domestic mutual funds shrank by 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, in July to 39.11 trillion yuan, according to data released by the Asset Management Association of China on Wednesday. The decrease ended a four-month run of mutual fund growth,...
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