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Fund Match: Hong Kong Equity

Hong Kong stock market reached the new high for the past two years. And the stock market continues to heat up as analysts predict a strengthening situation for Hong Kong equity. Hang Seng Index got up for over 5% year-to-date and Hong Kong Equity fund category gained more than 10%.

Jessie Yung 09 December, 2010 | 0:00
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Hong Kong stock market recently reached the new high for the past two years. And the stock market continues to heat up as analysts predict that the equity market is strengthening. Hang Seng Index got up for over 5% year-to-date. Hong Kong Equity fund category gained even stronger – increased 13.77% - for the same period. Hong Kong equity funds on average fall into the top performing quartile among all Morningstar categories. The two funds we pick this week are Aberdeen Global Chinese Equity Fund and First State Hong Kong growth Fund. Both funds outperformed the category average for over 10 percentage points.

 

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Jessie Yung  

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