Source:
https://scmp.com/article/623943/harvest-qdii-fund-records-heavy-losses-hk-downturn

Harvest QDII fund records heavy losses on HK downturn

Harvest Fund Management, Deutsche Bank's mainland partner, yesterday reported a heavy fourth-quarter loss for its overseas fund, hurt by a downturn in the Hong Kong stock market.

The poor performance of Harvest's qualified domestic institutional investor fund, which pools mainland investors' money to buy overseas listed shares, is expected to pave a rocky road for a new batch of mainland brokerages planning to offer similar products, analysts said.