“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said

The ban follows the anti-graft agency uncovering cases of officials providing benefits to groups they invested in via private-equity funds, according to state media

Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher

A record 38 QDII funds had been launched this year for Chinese investors seeking exposure to foreign assets

Modest rate cuts and vague promises of support for debt-mired developers have failed to restore sentiment; fund managers say they need to see more state money flowing before they return

The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say

Analysts say a review by Congress of stock holdings in BlackRock funds could lead to a wider crackdown on US investment in China funds

China and Saudi Arabia have begun discussion on allowing exchange-traded funds (ETFs) to list on their countries' stock exchanges in a move to deep financial ties

More than 1,400 funds were deregistered early in the year, due to rules on private funds' operational irregularities, such as incorrect or incomplete information disclosure

There has been a huge jump in the assets of emerging market mutual funds and exchange traded funds that exclude China, as US and European investors turn wary of exposure to the Asian giant

The Swiss bank has suspended plans for a new China fund unit indefinitely and decided recently to maintain Credit Suisse's partnership with ICBC, sources say

The best first-half gains in a decade, corporate reforms and Japan's ultra-easy monetary policy supporting the economic recovery have led to a change in mindset, analysts say