Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout
Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout
Stocks

China’s biggest fund manager with 87 per cent gains picks market laggard and rival to Foshan Haitian as winning recipe

  • Zhang Kun, who oversees the largest sum among China’s mutual fund managers, has spent US$459 million this year on food-seasoning maker Jonjee
  • He cuts holdings of liquor producer Sichuan Swellfun in sign star fund managers are getting out of ‘bubble stocks’

Knowledge |   Greater Bay Area
Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout
Jonjee’s headquarters in Zhongshan, Guangdong province. The firm produces food seasoning from soybean sauce to edible oil and chicken essence. Photo: Handout

Corrected [4:34pm, 8 Apr, 2021]

  • [4:34pm, 8 Apr, 2021]

    This story has been amended to show that Zhang Kun is China's biggest money manager, not E-Fund Management, as previously stated.

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