Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters
Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters
Daniel Ren
Opinion

Opinion

Across The Border by Daniel Ren

State-backed institutions outshine stock-focused mutual peers

The state-backed institutions seek stable and long-term returns from equity investment, normally picking profitable stocks with solid fundamentals

Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters
Buying shares based on fundamentals has borne fruit for the mainland’s government-based equity market funds – often referred to as the “national team”. Photo: Reuters
READ FULL ARTICLE
Daniel Ren

Daniel Ren

Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.