China's public offering fund value hits 29.2 trln yuan

BEIJING, April 20 (Xinhua) -- The assets under the management of China's public offering funds reached 29.2 trillion yuan (about 4.11 trillion U.S. dollars) by the end of March, data from the Asset Management Association of China showed.

Compared to the end of February, the figure saw a decrease from 29.3 trillion yuan, the data showed.

Of the 146 fund management companies, 49 are foreign-funded and 97 are domestic firms.