SHANGHAI, April 26 (Reuters) - Fidelity International
said on Wednesday it raised 1.08 billion yuan ($155.65 million)
for its first mutual fund product in China, the third-biggest
launch of an equity fund this year in China's challenging market
environment.
"Looking ahead, we have a strong product pipeline for 2023
and beyond, with a fixed income product due to launch in the
coming months," Rajeev Mittal, Managing Director, Asia Pacific
ex-Japan, Fidelity International said in a statement.
($1 = 6.9323 Chinese yuan renminbi)
(Reporting by Shanghai newsroom; Editing by Muralikumar
Anantharaman)
Messaging: samuel.shen.thomsonreuters.com@reuters.net))
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