Fidelity International, the London-based global money manager, is eyeing up under-performing Chinese banking stocks as one of its major bets in the second half of year. Photo: Reuters

Fidelity on the hunt for under-performing Chinese banking stocks, while avoiding pharmas

Global money manager is one of Hong Kong’s Mandatory Provident Fund scheme providers and has about US$411 billion in assets under management

Topic |   China stock market

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Fidelity International, the London-based global money manager, is eyeing up under-performing Chinese banking stocks as one of its major bets in the second half of year. Photo: Reuters
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Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.