BEIJING, Feb. 12 (Xinhua) -- The value of China's privately offered funds stood at 20.58 trillion yuan (about 2.9 trillion U.S. dollars) at the end of last year, industrial data shows.
A breakdown of the total shows that equity investment funds, with a total worth of 11.12 trillion yuan, were the largest category, followed by stock investment funds and venture investment funds, according to the Asset Management Association of China.
The number of registered privately offered funds stood at 153,079 by the end of last year.
Established in 2012, the association is a self-regulatory organization that represents China's mutual fund industry.
Time's up after 3 hours as NFL limits interviews for coaches still busy in playoffs
Average car insurance bills rocket to almost £1,000: Costs surge £284 in just ONE year
Paige Spiranac says Masters viewing figures plunged 20% because 'fans are turned off' by LIV
A trial is underway for the Panama Papers, a case that changed the country's financial rules
New cars in California could alert drivers for breaking the speed limit
Laborers and street vendors in Mali find no respite as deadly heat wave surges through West Africa
A Nigerian chess champion is trying to break the world record for the longest chess marathon
Iran's missile, drone program among targets of upcoming U.S. sanctions: White House
Melissa Rivers reveals her unconventional approach to planning her second wedding
Daniel Cuvet hits a pair of three
Palestinian death toll in Gaza from Israeli attacks rises to 30,960: ministry