Tuesday, May 22, 2007

AIG's new China stx fund raises 7 bln yuan in 1st day

(Reuters) - "The amount raised today is basically in line with our
expectations. We are still optimistic," the official told
Reuters.




Demand for mutual funds in China has cooled a bit in May, as
the domestic stock market set a string of new record highs
despite a series of risk warnings from analysts, economists and
government officials.


Read more at Reuters.com Bonds News

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