Chinese investors’ demand for equity mutual funds is picking up, a sign that confidence in the local market is growing as the benchmark stock gauge heads for its best year since 2020.
Asset management firms have now sold 393 billion units of new stock-focused mutual funds in 2025, exceeding the tally for all of 2024, with a little under two months left for the year to end. Up 19% year-to-date, the CSI 300 Index is poised for a second straight annual gain. It rose almost 15% in 2024.