China Asset Management Association: Deregisters the registration of four private fund managers with abnormal operations, including Shenzhen Heju Fund and others

NightAirdropper · 2026-04-05T09:04:25+00:00

Beijing Business Daily News (Reporter Liu Yuyang) reported that on April 3rd, the China Securities Investment Fund Industry Association announced that Shenzhen Heju Fund Management Co., Ltd. and three other private fund managers are experiencing abnormal business operations and failed to submit compliant legal opinions within three months after written notification. The association will cancel the registration of these four entities as private fund managers. The deregistered private fund managers and related parties should properly handle the assets of the funds under their management in accordance with laws, regulations, CSRC rules, the association's self-regulatory rules, and the fund contracts, and legally safeguard investors' legitimate rights and interests.

NightAirdropper

2026-04-05 09:04:25

Beijing Business News, April 3—(Reporter Liu Yuyang) The Asset Management Association of China (AMAC) issued an announcement stating that four private fund managers, including Shenzhen Heju Fund Management Co., Ltd., were found to have abnormal operating circumstances and failed to submit a special legal opinion meeting the requirements within three months after the written notice was issued. The Association will revoke the registration of these four institutions as private fund managers. For the private fund managers whose registrations have been revoked and the relevant parties, they shall, in accordance with laws and regulations, CSRC requirements, the Association’s relevant self-regulatory rules, and the provisions agreed in the fund contracts, properly dispose of the assets of the funds under management and legally protect investors’ legitimate interests.

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