Chip sell-off helps boost China’s private funds as US$83.3b is pulled out of mutual funds

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Source: South China Morning Post
Published: 2026-08-27 14:00 UTC+10:00
Section: mutual funds
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, China, Business & Economy, Asia Pacific
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Snippet:
Mutual funds’ net assets under management shrank by 1.4 per cent in July, while private funds grew 8.7 per cent to record high
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