China Asset Management Finishes Raising QDII Bond Fund in 1 Day

  • Firm says the fund received ‘crazy demand’ on Monday
  • QDII bond funds more than tripled to 13.55 bln yuan: Z-Ben

China Asset Management Co., the nation’s second-biggest fund company, completed raising money for its new overseas bond fund in one day as a weakening yuan boosts local demand for dollar assets.

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