• 09/22/2024

Hong Kong mutual fund sales rebound as hopes of interest rate pause stems last year’s massive outflows

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Mutual fund sales bounced back strongly in the first quarter after the worst net outflow on record last year as market sentiment improved amid a more stable interest rate environment, according to fund managers and regulators.

https://www.scmp.com/business/banking-finance/article/3226299/hong-kong-mutual-fund-sales-rebound-hopes-interest-rate-pause-stems-last-years-massive-outflows?utm_source=rss_feed