Many Chinese public funds that invest in Hong Kong stocks have suffered huge falls in net asset value since the start of the year, but some are still betting on a rebound amid China’s widening decoupling from US capital markets and a boost in liquidity from China’s central bank.
E Fund Management’s CSI Overseas China Internet 50 Exchange Traded Fund was the hardest hit of all onshore qualified domestic institutional investor funds that invest exclusively in Hong Kong stocks. Its net asset value has plunged more than 40 per cent since January, according to Wind data.
It is followed by China Southern Fund Management’s CSI Hong Kong Technology ETF, which has seen a dip of almost 26 per cent since the start of the year.
您已閱讀21%（723字），剩余79%（2652字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。