China market prospects and investment strategy of the fund industry research report 2012-2016 ----------------------------------- - [Report No. 100690 [publishing] industry Institute of Economic Research [Published] September 2012 [report format] paper version: 6500 yuan [electronic version]: 6800 yuan [paper + electronic】: 7000 【Delivery ] 15313900551 [] Speedpost / E-MAIL [Order Tel] 010-52876950 [green channel customer service: QQ】 2697021579 【Contact】 Li Jun [corporate website] http://www.cyjjyjy.com/jinrongbaogao/zhengquan/ 100690.html (Click to view text) [Contents] Chapter 1.1.1 Fund of Fund Overview Fund 1.1 concept defined course of development 1.1.3 1.1.2 Fund Fund for 1.2 Fund Category 1.2.1 works Classification 1.2.2 1.2.3 1.3.2 1.2.4 of classification 1.2.5 special type of fund 1.3 fund other Introduction 1.3.1 Fund investment philosophy purchase channels Fund revenue allocation defined investment objective categories classified by investments 1.3.3 the income of the fund allocated specific content of the second chapter of the global development of the fund industry 2.1 Overview of the Development of the World fund industry characteristics 2.1.2 2.1.1 world fund industry world-industry fund the development analysis 2.1.3 2010 global developments of mutual funds analysis development of global mutual funds in 2011 2.1.4 Analysis 2.2.3 private equity fund in the United States in 2010 2.2 U.S. fund industry 2.2.1 The stage of development of the fund industry 2.2.2 The overview of the development of the fund industry, the amount of financing 2.2.4 2011 the U.S. private equity fund, the amount of financing 2.2.5 in the first half of 2012 the amount of the financing position of the U.S. fund industry 2.2.6 Design Advantage of structured hierarchical Fund presented promotional strategy of the U.S. fund industry 2.2.7 2.3 2.3.1 British fund industry British fund classification 2.3.2 2.3.3 British unit trusts market conditions of the course of development of the fund industry analysis of the fund industry 2.4 Japan 2.4.1 Japan hedge fund Development Overview 2.4.2 Japan fund industry crisis the change Overview 2.4.3 Japan Fund 2.5 Other areas of industry development and reform of the road fund industry 2.5.1 The characteristics of the development of the fund industry in Germany 2.5.2 Singapore Management Fund investment in working condition 2.5.3 Hong Kong fund industry analysis 2.5.4 Taiwan Province fund development 2.5.5 Overview of the development of the fund industry in India Chapter of the development of China's fund industry analysis the 3.1 fund the development of the industry overview 3.1.1 current development of the fund industry 3.1.2 Chinese scale development of the fund industry changes 3.1.3 domestic fund industry, "Matthew Effect" highlights 3.1. 4 internal and external factors affecting fund performance fund industry in China in the first half to run 3.2 2008-2012 3.2.1 Review of the Development of China's fund industry in 2009 3.2.2 2009 running of the fund industry characteristics 3.2.3 China's fund industry in 2010 to run analysis 3.2.4 run an analysis of China's fund industry in 2011 to the first half of the fund industry run 3.2.5 2012 3.3 fund industry Pattern Analysis 3.3.1 China's fund industry development pattern 3.3.2 China's fund industry competition has changed 3.3.3 domestic fund industry giant performance differentiation apparent 3.3.4 China's fund industry will gradually form the three pillars of the situation 3.3.5 domestic fund industry will usher in a new round of expansion of the 3.4-fund industry configuration analysis 3.4.1 fund industry configuration definition 3.4.2 fund industry configuration ability has drawn greater attention 3.4.3 3.4.4 the fourth quarter of 2010, the fund of fund investment income sector allocation, sector allocation determines 3.4.5 the fourth quarter of 2011, fund industry configuration 3.4.6 the second quarter of 2012 fund industry configuration status 3.5 the development of the fund industry is facing challenges 3.5.1 the hidden dangers of the development of the fund industry in China 3.5.2 China's fund industry development bottleneck 3.5.3 China fund industry governance challenges facing the 3.6 fund industry development Countermeasures Analysis 3.6.1 China's fund industry development Strategy 3.6.2 of the development of the fund industry measures 3.6.3 development of China's fund industry policy recommendations 3.6.4 China's fund industry category 4.1.1 fund development professional refinement of the road fund fee structure Chapter 4.1 of fund fees sales and redemption fees 4.1.2 Fund management fees and custodian fees 4.1.3 Fund's transaction costs 4.2 Efficient Market Theory and expenses of the Fund 4.2.1 Efficient Market Theory 4.2.2 efficient market theory and the expense ratio of the Fund 4.3 Fund fee structure Analysis 4.3 Summary 4.4.1 4.3.3 .1 fund management fee structure design principles 4.3.2 Fund management fee structure theory Fund cost structure can not replace the external regulation 4.3.4 of reasonable supervision of the Fund's expense ratio 4.4 Fund management fee model of Sino-US Fund characteristics 4.4.3 Fund management fees compare 4.4.2 of funds entrusted agency relationship management fee fixed mode and float mode 4.4.4 perfect mode of fund management fees related to the open-end fund development suggested that chapter analysis 5.1 open-end fund 5.1.4 definition 5.1.2 Overview 5.1.1 open-end fund open-end fund classification 5.1.3 characteristics of the open-end fund open-end fund market 5.1.5 open-end fund risk types 5.2 open-end fund in 2010 5.2.1 investors account structure and holds fund shares investors basic analysis scale 5.2.2 investors recognized, the subscription and redemption Analysis 5.2.3 open-end fund market sales channels 5.2.4 Individual fund investors held open-end fund basic 5.3 2011 open-end fund investors Analysis 5.3.1 investor accounts and holding fund shares, net situation 5.3.2 investors recognize subscription and redemption 5.3.3 open-end fund market analysis 5.4.1 5.4 Commercial banks intervene channels the situation 5.3.4 Personal Fund investors hold the fund open-end funds involved in the open-end fund to promote the development of China's commercial banks 5.4.2 commercial banks involved in the open-end fund risk 5.4.3 Business the liquidity of the bank to accept an open-end fund strategy 5.5 liquidity risk of open-end funds in China to prevent the 5.5.1 5.5.2 definition of liquidity risk liquidity risk of the formation of the reasons 5.5.3 liquidity risk on financial stability 5.5.4 prevention of risk analysis policy recommendations 5.6 Sino-US open-end fund sales channels compared to Analysis 5.6.1 U.S. open-end fund sales channel development analysis 5.6.2 open-end fund sales channel development analysis 5.6.3 5.5.5 deal with the liquidity risk contrast 5.6.4 contrasting conclusions and future prospect of the sixth chapter of the development of closed-end funds in the U.S. open-end fund sales channels 6.1 Overview of closed-end funds 6.1.1 definition 6.1.2 of the closed-end fund closed-end fund trading characteristics 6.1.3 closed -fund price factors 6.1.4 closed-end funds to set up the conditions and procedures 6.2 Summary of closed-end funds development 6.2.1 China closed-end fund development situation and the existence of reasonable 6.2.2 of closed-end funds development performance in 6.2.3 expiry of the problems to be solved by the closed-end funds in China 6.2.4 closed-end funds to closed-end fund pricing solution 6.3 6.3.1 closed-end fund pricing Exploration Overview 6.3.2 closed-end fund discount pricing 6.3.3 income closed-end funds pricing 6.3.4 stochastic model of the closed-end fund prices 6.3.5 closed-end funds instance 6.4 closed-end fund discount pricing analysis 6.4.1 closed-end fund discounts cognitive 6.4.3 Overview 6.4.2 West of the closed-end fund discount the situation of China's closed-end fund discount 6.4.4 way to eliminate our closed-end funds of Discount 6.5 closed-end fund investment value analysis of the 6.5.1 base closure with long-term investment value 6.5.2 closed-end funds relative resilience 6.5.3 closed-end funds period can still be Chapter VII of the development of money market funds Analysis 7.1 Overview 7.1.1 The definition of money market funds 7.1.2 characteristics of money market funds money market funds 7.1.3 The money market fund portfolio performance optimal 6.5.4 structured opportunities the impact of the principle 7.1.4 money market funds financial market development 7.2 Development of 7.2.1 of the course of development of the money market fund 7.2.2 factors constraining the development of the domestic money market funds 7.2.3 China's money market fund of money market funds Countermeasures 7.3 money market funds with the central bank monetary policy effects 7.3.4 development of the central bank's monetary monetary policy transmission validity analysis of the effects of the central bank's monetary policy 7.3.2 7.3.3 U.S. monetary policy effectiveness revelation of the birth of Analysis 7.3.1 China's money market funds effective policy strategy of the money market fund system 7.4 Money Market Fund benefit analysis 7.4.1 money market fund yields Analysis 7.4.2 China's money market fund pre-development of high-yield and investment structure analysis 7.4.3 reasons of money market funds yield low Analysis 7.4.4 money market fund yields 7.5 money market funds subject to investment risks path Policy Analysis 7.5.1 China's money market fund development mode 7.5.2 China Development Bank money market fund advantage of the development of China's money market fund 7.5.3 the economic effects of the policy strategy development analysis in Chapter VIII of the private equity fund the 8.1 Private Fund Overview 8.1.1 Definition 8.1.2 private equity fund of private equity funds classified 8.1.3 private equity fund characteristics 8.1.4 private equity funds organizations in the form 8.1.5 private equity fund 8.2 Chinese private equity fund development Overview 8.2.1 course of development of China's private equity fund private equity fund analysis of the results of the development of the private equity fund in China 8.2.3 2010 8.2.2 2009 analysis of the development of the private equity fund in China 8.2.4 2011 8.2. mainly due to the development of China's private equity fund of 52,012 in the first half the 8.3 foreign private equity fund regulation wind shift its private equity fund regulation 8.3.2 wind shift to the traditional concept of revelation 8.3.1 overseas private equity fund regulation 8.3.3 overseas private 8.3.4 The overseas private equity fund regulation wind shift revelation of the latest trends of the equity fund regulation 8.4 private equity fund development risks and potential control risks and countermeasures 8.4.1 Chinese private equity fund private equity investment fund 8.4.2 Risk 8.4.3 of investment and financing legal risks and their control of the main problems of the 8.5 Chinese private equity fund development problems and countermeasures 8.5.1 China's private equity fund of private equity funds 8.5.2 China's private equity fund development ideas 8.5.3 standardized policy for the development of China's private equity fund recommendations 8.5. China's private equity fund industry development strategy 8.5.5 of private securities investment funds system improvement recommendations Chapter IX of special types of funds: 9.1.3 ETF ETF 9.1 ETF Overview 9.1.1 ETF Introduction 9.1.2 ETF characteristics superiority 9.1 .4 ETF Select 9.2 Global ETF Fund Development Overview 9.2.1 The characteristics of the global of ETF development of the underlying index 9.2.2 the World ETF market overview 9.2.3 Global ETF development trend analysis of the development of the fund industry in 9.3.1 ETF 9.3 China ETF Fund three conditions 9.3.2 ETF Fund Development Overview 9.3.3 China-US ETF trading volume comparative analysis of the development of 9.3.4 of ETF Outlook 9.4 ETF market development problems and countermeasures 9.4.1 ETF market structural problems Analysis 9.4 Chapter commercial banks with funds .2 policy recommendations to improve China's ETF market development analysis 10.1 Commercial Bank System and Investment Fund system 10.1.1 investment fund industry impact investment funds and commercial banks for the development of the commercial banks 10.1.2 status controversy 10.1.3 commercial banks and investment funds 10.1.4 Chinese commercial banks to join the fund management analysis 10.2.2 Analysis 10.2.1 commercial banks and investment funds between commercial banks involved in the development of the commercial banks and investment funds recommended 10.2 10.2.3 Business Bank join the causes and conditions of the fund management fund management impact analysis the 10.3 commercial banks operating fund business risk and regulatory 10.3.1 commercial banks operating fund risk the possibility of 10.3.2 commercial banks fund regulation triggered regulatory conflict 10.3.3, 10.3.4 Chinese commercial banks fund regulatory status of the commercial banks to carry out the business of the Fund regulatory countermeasures the 10.4 commercial banks fund sales business development analysis 10.4.2 10.4.1 fund sales market conditions commercial banks need to expand fund sales 10.4 .3 Commercial Bank Development Fund sales strategy Chapter fund brand marketing analysis of the status quo of 11.1 Chinese brand development of the fund industry overview 11.1.1 of brand growth of the fund industry to review of 11.1.2 the domestic fund industry brand competition 11.1.3 domestic fund industry The operation of the brand's three major deficiencies 11.1.4 China's fund industry brand building development proposals in the future transformation of the brand marketing of brand development trend of China's fund industry 11.2 Fund 11.2.1, 11.1.5 product solutions to their customers shift 11.2.2 prices to the customer changes in costs marketing of Evolution and customer demand of changing communication 11.3 Fund to facilitate the transition of the promotion of 11.2.4 to 11.2.3 Distribution Analysis 11.3.1 Market Development to promote the evolution of fund marketing 11.3.2 customer needs change of 11.4 Fund Fund evolution of brand marketing marketing concept reconstructed Looking 11.4.1 attract demand trends 11.4.2 fund marketing management process development trend 11.4.3 integrated marketing 11.4.4 fund marketing of the development direction of the Fund will implement Chapter 12 of the sustainable development strategy of the fund industry association industry 12.1 12.1.1 2010 securities market of the securities industry development status of the operation of the securities market 12.1.2 2011 12.1.3 first half of 2012, the operating conditions of the securities market 12.1.4 network securities industry development analysis 12.1.5 China's securities industry 12.2 Banking of the judgment of the future development trend 12.2.1 since the founding of the course of development of the banking sector 12.2.2 2009 overview of the development of the China Banking 12.2.3 2010 China's banking business situation analysis 12.2.4 2011 China's banking industry Analysis of the Development Brief Analysis of the status of China's banking industry running 12.2.5 January to August 2012 12.2.6 recommended to promote the healthy development of China's banking industry 12.3 12.3.1 Since the reform and opening up of the insurance industry the development of China's insurance industry and changes in 12.3.2 2009 China's insurance market to achieve stable and rapid growth of China's insurance industry have made positive progress in 12.3.3 2010 2011 China's insurance market is running 12.3.4 Analysis 12.3.5 January to August 2012, China's insurance industry running status quo 12.3.6 Insurance the relationship between the fund management industry analysis Chapter 13 fund management enterprise performance Analysis 13.1 Southern Fund Management Co., Ltd 13.1.1 Company Profile 13.1.2 South Fund for Development Mode 13.1.3 2010 Southern Fund the 13.1.4 2011 Southern Fund the scale of development performance go hand in hand leading peer performance of the the Southern Fund since 2012 13.1.5 13.2 E Fund Management Co., Ltd 13.2.1 Company Profile the 13.2.2 2009 Yifangda its funds performance 13.2.3 2010 Yifangda variety of fund performance performance 13.2.4 the E Fund launched in 2011 the Fund will vote the new brand 13.2.5 2012 Yifangda launched to specifically for college students Monetary Fund 13.3 Huaxia Fund Management Co., Ltd 13.3.1 Company Profile 13.3.2 2009 the Huaxia Fund Development Overview 13.3.3 2010 Huaxia Fund Development Overview 13.3.4 2011 development status of the fund performance in China Huaxia Fund Interest 13.4 Invesco Great Wall Fund Management Co., Ltd 13.4.1 Company Profile 13.4.2 Invesco Great Wall Fund's performance reviews 13.3.5 2012 13.4.3 King The stable revenue bonds based along the Great Wall has obtained approval 13.4.4 Invesco Great Wall to form its own research system features 13.5 ICBC Credit Suisse Asset Management Co., Ltd 13.5.1 Company Profile 13.5.2 ICBC Credit Suisse Asset business development 13.5.3 ICBCCS introduced new varieties of the Fund Huaan fund performance development 13.6 Hua An Fund Management Co., Ltd 13.6.1 Company Profile 13.6.2 13.6.3 2011 Love Stabilization Fund approved a 13.7 Bank of Fund Management Co., Ltd 13.7.1 Company Profile 13.7.2 Silver Fund made in the development of achievements 13.7.3 2011 Bank of growth in the asset size of the Fund 13.7.4 2012 Silver Fund opened a new business to improve online trading platform 13.8 CITIC Fund Management Co., Ltd 13.8.1 Company Profile 13.8.2 CITIC Fund achieved success fourteenth Chapter fund policy interpretation and industry outlook 14.1 Fund policy interpretation 14.1.1 fund industry in China will be updated in the four policies and regulations 14.1.2 modify the policy orientation of the Fund Act to gradually clear 14.1.3 Interim Measures for the Administration of Securities Investment Fund Evaluation business highlights Analysis 14.1.4 "open-end securities investment fund sales charges regulations Interpretation 14.2 fund industry trends 14.2.1 China fund industry tend to be more diversified international 14.2.2 China's fund industry development direction 14.2.3 2012 five major trend of the development of China's fund industry 14.2.4 innovation of China's fund industry development direction Appendix Appendix: Appendix II to the People's Republic of China Securities Investment Fund Law ":" securities investment fund management approach "Appendix III: Shanghai Stock Exchange the Rules Governing the Listing of Securities Investment Fund "Appendix IV: Appendix V of the Listing Rules of Shenzhen Stock Securities Investment Fund": "Foundation Management Regulations Appendix VI:" The commercial banks to set up fund management company pilot management approach "Appendix VII:" About standardize fund management company established and equity disposal notice "table of figures: the chart sector funds in accordance with the distribution of the industry chart 2 industry, the number of funds over time icon chart the temporal characteristics of the various industry funds Chart 4 Number of sector funds issue of Country distribution chart 5 sector funds assets are grouped at the issue of the distribution of the countries and regions chart 6-industry fund assets management company in accordance with the distribution of investment countries chart 7 industry total assets of the Fund before 25 charts the 8 five representative fund industry investment strategy chart 10 years 9 Sector Fund income distribution chart 10 various industry funds Chart 11 2007-2010 10 years of profitable change the scale of global mutual fund assets Chart 12 2010 global mutual fund assets by fund type charts Chart 13 2008 - 2010 global net sales of mutual funds Chart 14 By the end of 2010, the global mutual funds by fund category maps chart 15 global mutual fund assets as of the end of 2010, regional maps chart 16 as of the end of 2010 the number of global mutual funds by fund category distribution chart 17 2008-2011 global mutual fund asset size chart 18 the second half of 2011, global mutual fund assets by fund type charts chart 19 as of the end of the fourth quarter of 2011, the distribution of the global mutual fund assets by fund category chart 20 as of 2011 four Regional maps of global mutual fund assets at quarter-end chart 21 as of the end of the fourth quarter of 2011, the distribution of the number of global mutual funds by fund category charts 22 U.S. fund product development history and background List Chart 23 U.S. mutual fund industry asset size and form Exhibit 24 United States 252,009 new fund issue rhythm chart the number of 26 domestic fund a variety of fund net inflows situation chart Exhibit 27 282,009 bond fund shares open partial stock fund size chart chart 292,009 newly issued bond funds scale chart 30 2009 QDII fund size chart 312,009 new QDII fund starting size chart 32 2009, the net asset value of the Fund and the share scale subtotals statistical charts 33 2009, the fund management company managing the Fund net asset value and share scale summary statistics chart 34 2009 custodian bank custodian summary statistics of the net asset value of the Fund and the share scale chart 35 2010 net asset value of the fund management company managing the Fund and share scale summary tables chart 36 2010 the custodian bank managed fund net asset value and share scale summary tables chart 37 2010 Fund net asset value and market share the scale subtotals Tables (works) Chart 38 2010 the net asset value of the Fund and the share scale subtotals Tables (by Galaxy Securities a classification) Chart 39 2010 the net asset value of the Fund and the share scale subtotals tables (at Galaxy Securities secondary classification) Chart 40 2010 net asset value of the Fund and the share scale the subtotals Tables (three classified in accordance with the Galaxy Securities) Chart 41 fund company revenue in the first half of 2010, before the 10 charts 42 stock exchange products in the international comparison table chart 43 stocks 44 partial equilibrium the equalization fee structure chart of major institutional investors in the structure of international comparison chart on the the equalization fee structure under the 45 general equilibrium market chart chart 47 2006-2010 46 2010 the total account of the open-end fund investors with a valid account open Fund investors account structure chart 48 open-end funds in 2010 the total share of the total net the chart 49 2006-2010 an open-end fund investors hold the fund asset structure chart 50 2010 open-end fund investors subscription amount of structure charts 51 2010 open-end fund investors each subscription amount chart 52 2010 open-end fund investors to purchase the amount of structure chart 53 2010 open-end fund investors each purchase amount Chart 54 2006-2010 open-end fund investors recognize, purchase Chart 56 2006-2010 each redemption amount of open-end fund investors of structure charts 55 2010 open-end fund investors redeemed amount of structure charts open-end fund investors 57 2006-2010 average household redemption items chart 58 open-end funds in 2010 sales channel structure chart 592006-2010 open-end fund sales channel sales charts open-end fund net asset value of the distribution of individual investors 60 2006-2010 Chart 61 2010 open-end fund individual investors age the structural chart the changing age structure of individual investors in open-end fund 62 2006-2010 Chart 63 2006 open-end fund investors of all ages hold the fund market value of the structure chart 642006-2010 open-end fund investors of all ages hold The structural changes of the market value of the fund the charts 65 2006-2010 individual investors of all ages household holds the market value of the fund structure chart 662006-2011 total accounts and effective account of the open-end fund investors chart 67 2011 open-end fund investors valid account chart 682006-2011 open-end fund investors account structure chart 692006-2011 total share of open-end funds, and the total net chart chart 71 2011 2011 70 open-end fund total share and the total net open Fund investors hold fund assets structure chart of the open-end fund investors subscription amount 722006-2011 chart 73 2011 the open-end fund investors subscription amount chart 742006-2011 open-end fund investors subscription amount of structure charts 75 open-end fund investors in 2006-2011 76 2011 open-end fund investors purchase amount of the purchase amount chart chart 772006-2011 782006-2011 open-end fund investors in open-end fund investors subscription amount of structure charts foreclosure The recoverable amounts situation chart 79 2011 open-end fund investor redemption amount of chart chart 81 2006-2011 80 2006-2011 open-end fund investor redemption amount structure open-end fund investors to subscribe for, purchase and redemption chart 82 2011 open-end fund net capital injection chart 83 2011 open-end fund sales channel structure chart 842006-2011 open-end fund sales channel sales chart 85 2006-2011 individual investors in open-end fund net asset value of the distribution Chart 86 2011 the age structure of the open-end fund individual investors chart 872006-2011 different age of the open-end fund individual investors account the structural condition of chart 88 2011 open-end fund investors of all ages held the market value of the fund structure chart 89 2006 - the household holds open market value of the fund structure chart 90, 2007 quarter, the proportion of fund positions in the stock chart 91 list of return on money market funds Chart 92 China, Europe and the United States and other money market funds institutional environment comparison chart 93 individual investors of all ages in 2011 at run-time statistics of the number of private equity products in 2009 Chart 94 private long-term advantages are obvious, but the short-term loss to the public offering and CSI 300 chart 95 as of the end of 2009, nearly 1 private with the public offering of the performance maps chart 96 2009 private placement and the public offering The results of the distribution chart first full calendar year 2009 and ranked # 97 of the first 1/2 of the management company established chart 98 2009 1/2 of the management company and the first phases of the overall performance rankings chart 99 2009 Year absolute positive returns six private equity funds since the chart 100 2009 to obtain an absolute positive return of 11 private equity funds chart of the number of private equity fund products issued statistics chart 101 2007-2010 102 run-time statistics in 2010 the number of private equity products Chart 103 of public and private funds various stages yield Chart 104 2008-2010 public and private funds monthly net growth chart 105 in 2010, private and public relatively CSI 300 yield distribution chart 106 2010 public and private funds each performance distribution range of risk-return indicators chart 107 2011 sunshine private equity funds and public offering partial stock fund performance distribution of various types of private equity fund investments yield chart 108 2011 109 2011 comparison chart to get a positive return of private equity funds and the number of public fund accounted Chart 110 2011 beyond the index number of private equity funds with public fund accounted chart 111 2011 112 ETF schematic diagram of the secondary market transactions relative income of various types of private equity funds and absolute return chart chart subscription schematic diagram chart 113 ETF 114 ETF redemption schematic diagram Chart 115 ETF asset size chart 116 ETF liquidity and trading willingness comparison chart 117 2009 Global ETF data chart 118 2009 Global ETF regional data chart 119 2009 global ETF the tracking asset class chart 120 ETF market index providers share charts 121 ETF manager of the world's largest 25 charts 122 2009 30 ETF tracking the world's largest asset characteristics chart 123 in 2009, the world's largest 25 stocks class ETF assets subdivided chart 124 of the world's largest 30 ETF managers Chart 125 2009 Chinese ETF market data Chart 126 U.S. financial markets on the trading volume and liquidity of a good three of ETF Products Chart 127 DIA, SPY, and QQQQ three monthly average results of the ETF amount chart 128 SSE 50ETF turnover chart only product of the 129 China Fund Type Overview table chart online trading volume of 130 part of the fund management company exponentially climbed to chart the 131 part of the fund management company is upgrading the existing electronic trading platform charts 132 part of the fund management company Investor Education Case Chart 133 part of the fund management company Customer experiential communication Case Chart 134 three-stage fund management company and the number of fund products change Chart 136 Chart 135 customer demand for the three-stage changes to meet customers three levels of change chart 137 brand marketing and original marketing charts more than 138 points one-way marketing charts 139 brand marketing integration marketing charts 140 chart (part) of the major economic policies in the first half of 2010 141 2010 New credit statistics chart 142 2009 Shanghai and Shenzhen securities market situation chart 143 corporate bonds issued in recent years Table of scale chart 144 2010 CPI data chart 145 inter-bank bond market bond issuance at the amount of change in recent years, chart 146 volume changes in the inter-bank market in recent years, chart 147 2011 inter-bank market government bonds yield curve changes a chart showing the 148 inter-bank bond market participants growth chart 149 2011 on the Shanghai Composite Index Graph Chart 150 the first half of 2012, international stock market performance chart 151 the first half of 2012, securities issuance chart 152 the first half of 2012, the Securities Markets Chart 153 2003-2010 of total banking assets and total liabilities Chart 154 2010 Banking sub-quarter total assets and total liabilities Chart 155 2007-2010 the total assets of all kinds of banking financial institutions accounted chart 1562003-2010 end of state-owned banks total assets and total liabilities chart 1572003-2010 city commercial banks, joint-stock banks' total assets and total liabilities chart late 1582003-2010 total assets and total liabilities chart 1592005-2010 Banking NPL balance at the end of Chart 160 2005-2010 Bank industry balance of non-performing loans to total loans ratio of chart 1622005-2010, respectively agencies of non-performing loans 161 2005-2010 the non-performing loans of commercial banks and classification chart chart listed banks 163 2005-2010 net profit year-on-year growth rate chart 164 2010 listed bank profitability chart 1652007-2010 various levels of money supply growth trend Chart 166 2007-2010 balance of base money and a year-on-year chart of financial institutions, loan-to-deposit ratio of 167, 2006-2010 Chart 168 2010 liquidity ratio of financial institutions Chart 169 January to August 2012, the insurance industry operating conditions chart 170 Southern Fund Management Co., Ltd. shareholders structure diagram