(Beijing Comprehensive News) China's asset management industry has been impacted by the continuous weakness of China's stock market. According to US media statistics, the number of public funds liquidation last year reached the highest level in five years.

Bloomberg News Statistics on Friday (January 19), a total of about 240 public fund liquidation in China in 2023, the highest record since 2018, about 80%of which are stocks and mixed funds, and just half a month this year, this yearThere are 14 funds liquidation.

It is reported that The CSI 300 Index fell for three consecutive years.At the lowest level of 10 years last year, factors such as the fall of the fund and the security of investors to cash have increased the risk of liquidation.The liquidation caused the fund assets to be sold, and the bear market exacerbated the selling pressure, causing the Chinese stock market to enter a vicious circle of spiral declines.

According to the regulations, the number of fund share holders of fund shares has less than 200 million yuan (RMB, Same and S $ 9.54 million) in the case of less than 200 or fund assets for 20 consecutive working days, and the fund manager shall be regularlyThe report is disclosed; if the previous situation appears before 60 consecutive working days, the fund manager shall report to the China Securities Regulatory Commission and propose solutions, such as conversion operation methods or termination of fund contracts, and hold a fund share holder conference to vote.

21 Financial quoting Wind data statistics. As of January 18, 43 funds (only statistical main code funds only) have issued a total scale of less than 50 million yuan and may trigger fund contract termination.