Total values of assets management business for clients of China's 91 funds management firms reached 10.97 trillion yuan by the end of September, according to the statistics released by Asset Management Association of China.
Among them, CITIC Securities (600030.SH) ranked the first in its total value of the assets management business for clients with 1.15 trillion yuan. It is followed by Shenwan Hongyuan (000166.SZ) and Huatai Securities (601688.SH), with total values at 0.66 trillion yuan and 0.56 trillion yuan. Further, the top 10 fund management companies' total values of assets management business for clients exceeded 5.58 trillion yuan.
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