China’s Stock Fund Issuance Drops as Fixed Income Back in Favor
(Bloomberg) -- Chinese investors’ appetite for stock-focused mutual funds waned in December as the autumn equity rally sputtered and bonds once again gained attraction.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024While the total amount raised by equity products still exceeded that of fixed income products this month, bond funds grew rapidly, notching their largest monthly figure for the year so far. That’s come as relatively safe bond-focused funds regain f