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

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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
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