Two mutual funds that came to market on Monday raised $3.3 billion in a single day, Reuters reports. They are offerings from GF Fund Management and Fortune SGAM, a division of Societe Generale, which took in 15 billion yuan and 10 billion yuan, respectively.

Chinese regulators had unofficially capped the maximum amount a fund can raise to 10 billion yuan but recently eased the rules in the hope that institutional money will come into the marketplace and thereby stabilize it.

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