Star Chinese fund manager bets on Alibaba, liquor stocks for shareholder returns

Quick Summary:

Zhang Kun of E Fund Management sees high returns, dividends in technology and consumer stocks.

That beat the 12 per cent gain in a customised benchmark designed to gauge the fund’s performance, which includes onshore stocks, Hong Kong-listed shares and bonds, according to the quarterly report.

The 4 billion yuan (US$561.4 million) investment as of the end of September represented 9.1 per cent of the fund’s assets, it said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Consumer Leading Stocks Returns Zhang Fund’s Report Cent Fund Billion Alibaba

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 16:15:41 (6 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 282 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23333517

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions