Chinese mutual fund companies are slashing management fees in response to regulators' plan to reform the $3.7 trillion industry aimed at encouraging investors' participation. A total of 19 mutual fund companies, including top players like China Asset Management, E Fund Management and GF Fund Management, have announced fee cuts affecting 1,570 fund products as of Monday, according to Caixin's calculation based on market information.

https://www.caixinglobal.com/2023-07-11/chinas-mutual-funds-slash-fees-to-encourage-investor-participation-102074236.html

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