Chinese Bond Funds Are Limiting Inflows Amid Buying Frenzy
A growing number of fixed-income funds in China is setting limits on investor inflows, seeking to manage expectations amid a demand spike in the world’s second largest bond market.
Since March 25, more than 240 of the 2,382 total that operate in the country have imposed limits on subscriptions, according to fund managers’ statements and data from the Asset Management Association of China.