New rules issued by the central bank and the China Securities Regulatory Commission means that investors can only withdraw 10,000 yuan from a single money market fund in one day. Photo: Reuters

China tightens supervision of money market funds by capping same-day redemption at US$1,560

Topic |   Financial regulation

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New rules issued by the central bank and the China Securities Regulatory Commission means that investors can only withdraw 10,000 yuan from a single money market fund in one day. Photo: Reuters
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