India Gazette
IndiaGazette.com Wednesday 22nd February 2012 Issue 053/2012
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    Heavy losses for funds as shares dive
    Source: Global Times
    Saturday 28th January, 2012  


    The 367 funds of the Chinese mainland's 29 fund companies suffered a huge overall loss in the fourth quarter of 2011, according to the companies' reports released as of Friday.The funds' total net loss amounted to 41.81 billion yuan ($6.60 billion) for the period, making an average loss of 114 million yuan per fund.

    Of these, the around 200 equity ... ...

    Read the full story at Global Times


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