News summary
Newsletter text
[May 11slotchilliheatmegaways, 96 private fund managers were deregistered as managers because they had no funds under management for 12 months.] Information from the China Securities Investment Fund Industry Association on May 11 showed that 96 private fund managers had no funds under management for 12 consecutive months., their manager registrations were deregistered. Previously, the China Foundation Association for Infrastructure Development only announced three cancellation methods: "proactive cancellation","cancellation according to announcement" and "association cancellation". This time,"cancellation without supervision for 12 months" is a new category.