Feb
23

Top China Stock Fund Says Hong Kong Best Place to Make Money

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  • Harvest’s fund doubled its assets in 2017 on Hong Kong appeal
  • PBOC’s tightening may actually boost stocks: fund manager

Zhang Jintao is sticking with the bet that’s made his stock fund China’s top performer: Hong Kong equities.

Harvest Fund Management Co.’s fund has returned 13.4 percent this year after putting 70 percent of its stock holdings in the former British colony, where the local benchmark has jumped 9.3 percent. With the market now near a 1 1/2-year high, Zhang says the rally can continue as earnings improve and China’s economy stabilizes…

Top China Stock Fund Says Hong Kong Best Place to Make Money

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