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Allianz Fund Management Co., Ltd. (hereinafter referred to as "Allianz Fund"), a wholly-owned public fund company under the world-renowned financial institution Allianz Group, is accelerating its business in China.

According to information disclosed on the official website of the China Securities Regulatory Commission, Allianz Fund Management recently reported two public fund products, which are currently in the "receiving materials" status. This means that Allianz Fund Management has officially laid out its China public fund business from the product side.

Based on the optimistic outlook for China's capital market and public fund industry, overseas asset management institutions have accelerated their layout in China's public fund market in recent years.

As of July 17, nine wholly foreign-owned mutual fund companies have been established and started operations in China, and 35 wholly foreign-owned mutual fund products have been established this year.

Many interviewees from foreign-owned mutual funds said that as the world's second largest economy, China's market should not be ignored, and there are many types of assets that are worth holding and paying attention to for the long term. (Securities Daily)