# Chip sell-off boosts China’s private funds as US$83.3 billion leaves mutual funds

https://mins.news/en/item/33907

- South China Morning Post, 2026-08-27 04:00 UTC
- Economy
- Original: https://www.scmp.com/business/markets/article/3365398/chip-sell-helps-boost-chinas-private-funds-us833b-pulled-out-mutual-funds?utm_source=rss_feed

> China’s private funds expanded their managed assets last month as mutual funds contracted, with investors diversifying during a sell-off in semiconductor shares. Domestic mutual funds lost 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, in July, bringing net assets to 39.11 trillion yuan and ending a four-month growth streak.