Chinese securities regulators approved 37 retail funds to boost stock market

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China’s securities regulator approved the launch of 37 retail funds over the weekend, as part of efforts to boost the stock market.

The newly-approved funds include 10 exchange-traded funds (ETFs) that track the small-cap CSI 2000 Index and seven tech-focused ETFs, according to statements on the China Securities Regulatory Commission (CSRC) website.

The remaining 20 products are innovative mutual funds that for the first time charge investors floating fees, to be pegged to fund size, performance, or holding period.