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Two stock funds to make debuts to thaw fund freeze

China's sliding stock market is expected to receive a boost on Monday with the opening of two new limited stock funds. CCB Principal Asset Management's Jianxin fund and the Nanfangshengyuan funds run by China Southern Fund Managemen ... ...full story at People's Daily

from People's Daily on Mon, Feb 18 2008

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02 Feb 08 visit China ends freeze on new stock funds  »  People's Daily Two new closed-end stock funds have won approval from the China Securities Regulatory Commission (CSRC), which ended a five-month freeze on new funds in an effort to brake the fall of domestic equities. CCB Principal Asset Managemen ...
23 Feb 08 visit Two more stock funds get official approval from Chinese regulator  »  People's Daily Another two closed-end stock funds have received official approval from China's securities regulator, Xinhua learned from a company source here on Friday. The China Nature Asset Management Co. Ltd's Tianzhi Fund and the Dongwu Fund ...
20 Feb 08 visit New China funds could help bring $11 bln into equities  »  People's Daily A new wave of stock fund issues and fund splits could inject 80 billion yuan (11.2 billion U.S. dollars) into the stock market, according to Wednesday's China Securities Journal. Approvals for new funds reflected the government's ap ...
16 Feb 08 visit Another two stock funds approved to boost equity market  »  People's Daily Another two closed-end stock funds have won regulatory approval, the China Securities Regulatory Commission (CSRC) said on Friday. This followed an earlier approval of two such funds, which ended a five-month freeze on new funds, ag ...
15 Oct 08 visit China fund market suffers amid global financial crisis  »  People's Daily China's stock-oriented funds have tumbled more than 50 percent in the first three quarters, dragged down by fluctuating stock markets both at home and abroad, according to a report by Lipper fund research firm. Statistics from the Thomson Reuters...

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