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You are here: Fund China > Fund News > Postal savings have joined an open-end fund

Postal savings have joined an open-end fund

By Fund China
Published: 21:30, June 24th, 2007

From: Changsha Evening News
Compiler: http://www.fundcn.org

Reporter yesterday from the Post Office was informed of Hunan Province from the postal savings starting in late June in 14 cities in the province, state, 114 counties, 664 full postal savings outlets have joined an open-end fund business. This move for the county and below the county’s rural areas provide investors with the convenience of the fiscal Mun Road.

By the China Banking Regulatory Commission and China Securities Regulatory Commission for approval, from August 14, 2006 onwards. China Post in the country’s 30 provincial capitals, five listed cities have joined an open-end fund, Changsha City is one of them. This after the opening of business, the Hunan Postal Savings Fund will gradually expand the scope of sales, first in the city state run this business. then extended to the county (city), and then extended to the township.

Copyright Fund China 2009.

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