Home » China Merchants Bank, Industrial and Commercial Bank of China ranks among the top three 11 institutions in custody of new funds exceeding RMB 100 billion

China Merchants Bank, Industrial and Commercial Bank of China ranks among the top three 11 institutions in custody of new funds exceeding RMB 100 billion

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Summary

[China Merchants Bank, Industrial, Industrial and Commercial Bank of China ranks among the top three 11 institutions under custody of new funds exceeding 100 billion yuan]In the first three quarters of this year, 1,387 new funds were issued, with a total issuance share of 2.35 trillion yuan, a record high over the same period. In the market where new funds sold for 2.35 trillion yuan, China Merchants Bank continued to win the new fund custody scale. The first three quarters of the first three quarters of the custody of new funds were close to 320 billion yuan. Industrial Bank and Industrial and Commercial Bank of China replaced Shanghai Pudong Development Bank and China Construction Bank last year and ranked among the top three in the scale of new fund custody. There are even 11 custodians whose initial fundraising scale exceeded 100 billion yuan. (China Fund News)

According to ChinafundReport, the first three quarters of this year, newFund issuance1,387, with a total issuance of 2.35 trillion yuan, a record high in the same period. In a market where new funds are selling for 2.35 trillion yuan,China Merchants BankRe-elected the champion of the scale of new fund custody, and the first three quarters of the first three quarters of the scale of the initial fundraising of the new fund was close to 320 billion yuan.Industrial BankICBCReplaces last year’sShanghai Pudong Development BankAnd China Construction Bank, among theNew fundAmong the top three in custody scale, there are also 11 custodians whose initial fundraising scale for new custody funds exceeds 100 billion yuan.

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(Source: China Fund News)

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