An investor is seen at a stock market in Nanjing, capital of east China's Jiangsu province, Jan 2, 2018. (SU YANG / XINHUA)

BEIJING - Assets under the management of China's public offering funds reached 26.79 trillion yuan (about $3.97 trillion) by the end of June, the latest data from the Asset Management Association of China showed.

As of the end of June, a total of 10,010 public offering funds were operated by 139 fund management companies, according to the association, an industry body supervised by China's securities regulator.

The scale of closed-ended funds reached nearly 3.27 trillion yuan, while that of open-ended funds stood at about 23.52 trillion yuan

In breakdown, the scale of closed-ended funds reached nearly 3.27 trillion yuan, while that of open-ended funds stood at about 23.52 trillion yuan, the data showed.

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Of the 139 fund management companies, 45 are foreign-funded while 94 are domestic firms, the association said.