国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

(Xinhua)
Updated: 2008-01-04 08:40

BEIJING -- Chinese funds have struck a spectacular growth in 2007, as they now managed 3,199.74 billion yuan (US$438.32 billion), more than two times the money they had in 2006.

It is so far the biggest annual growth achieved in China's fund business ever since the country kicked off its first two funds back in 1998.

Related readings:  Stock market ends stunning year, uncertainties abound  Stock markets take in 830.6b yuan in banner year of IPO mania  Funds told to put brakes on  Investors seek safety in QDII funds

Funds under the Qualified Domestic Institutional Investors (QDII) program that make overseas investment were yet not included in the count-up concerning 58 mainland fund management companies across China by the end of last December, according to financial data provider Wind Info.

The increase was largely boosted by the remarkable performance of Chinese stocks in the past year, as equity funds that used their money to buy shares amounted to 2,456.78 billion yuan, taking up 77 percent of all funds invested in securities.

It included 2,220.51 billion yuan worth of open-end equity funds and 236.27 billion yuan worth of close-end ones.

Topped by Shenzhen-based fund company Bosera Funds, which has absorbed 226.1 billion yuan by the end of 2007, there are nine fund companies that each has more than 100 billion yuan under custody.

But the small and medium sized funds are quickly expanding, growing by more than four times on average, which has diversified the concentrated business. The proportion of money managed the top five fund companies against the total dropped 8 percent to 31 percent over last year.