Piecemeal Funds Raise Retail Investor Risks

(Beijing) – Slice and sell. That's the simple formula for a business strategy popularized in recent months by Chinese fund managers whose retail investor clients are clamoring for high-yield products.
But securities regulators say some managers may be violating financial industry rules by selling retail investors small slices of private funds linked to stock market listing projects and other relatively risky fundraisers.

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