A jumbo screen shows stock prices in Shanghai. Chinese fund managers added holdings of new-energy, pharmaceuticals and small liquor makers in the third quarter. Photo: EPA-EFE
A jumbo screen shows stock prices in Shanghai. Chinese fund managers added holdings of new-energy, pharmaceuticals and small liquor makers in the third quarter. Photo: EPA-EFE

Chinese fund managers buy new-energy stocks and ditch tech giants, quarterly portfolio report shows

  • Sungrow Power Supply, WuXi AppTec and Shanxi Xinghuacun saw the biggest increases in holdings of fund managers in the third quarter
  • Total assets managed by China’s mutual funds increased 4 per cent quarter on quarter to US$3.7 trillion at the end of September

A jumbo screen shows stock prices in Shanghai. Chinese fund managers added holdings of new-energy, pharmaceuticals and small liquor makers in the third quarter. Photo: EPA-EFE
A jumbo screen shows stock prices in Shanghai. Chinese fund managers added holdings of new-energy, pharmaceuticals and small liquor makers in the third quarter. Photo: EPA-EFE
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