Wednesday, June 8, 2011

HSBC : Buy China Fund. 20% up by year end !

HSBC cut retail arm to be investment bank, focusing on China now is promoting China funds & market to go up by 20% by year end.

With the number of hedge funds providing taps to the reservoir of money in the china system,
Watch this space !


http://www.cnbc.com/id/43322471

For overseas investors looking to gain exposure to mainland equities, HSBC recommends subscribing to mutual funds that invest directly in the A-share market, particularly those that are currently trading at a discount to their net asset value (NAV). Some of these include the HSBC China Dragon Fund, Morgan Stanley China A Share and AMP Capital China Growth.

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