Fund Managers In China Rush To Capitalize On Shanghai's New Tech Board
Fund Managers In China Rush To Capitalize On Shanghai’s New Tech Board
Chinese asset managers are rushing to set up funds targeting Shanghai’s upcoming Nasdaq-style technology board, in a race likely to fuel concern that China’s speculative trading culture could lead to more price bubbles.
Applications from mutual fund stock pickers exceeded 20 in the first week of submission.
From managers such as Huaan, E Fund, Fullgoal and GF, according to the latest disclosure…
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