China Clamps Down on Fund-Management Firms – Wall Street Journal


Wall Street Journal
China Clamps Down on Fund-Management Firms
Wall Street Journal
SHANGHAI—China has undertaken a major overhaul of its loosely-regulated fund-management industry, revoking the licenses of over 10,000 firms in the last six months, as Beijing escalates a campaign to clean up its speculative and irregularities-ridden …
China Just Shuttered 10000 Funds in Crackdown on Runaway ManagersFortune

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Source: management – Google News

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