Archive for January, 2008

Active funds’ defensive ability thoroughly performed

GUANGZHOU (Fund China) - Last week, the stock market turned to move stably after the big sell-off. The equity funds were all out. But the active funds dropped lower than the Big Cap, particularly, those that reduced the share holding position previously showing a defensive ability advantage.
Active fund win
According to the statistics from Galaxy Securities […]

Fund industry in the rapid development stage

GUANGZHOU (Fund China) - Though 2007 has just passed by, Tianhong Enhanced Balanced Fund’s scale extended rapidly. With the China fund varieties investment no longer stood high above the masses and knowing more of the fund managements, said, Ms.HuMing, new general manager of Tianhong Asset Management, investors would concern more about the stable growth mechanism […]

Discount rate of closed-end fund improves visibly

GUANGZHOU (Fund China) - Last week, the weighted average discount rate of closed-end fund moved to 19.83% which nearly came up to that in December last week, but still had a 5% lower than the average level of 2007. the overall discount rate of the closed-end fund moved up obviously, and if the stage weakness […]

Closed-end fund index dropped over 5%

GUANGZHOU (Fund China) - Last week, shanghai and Shenzhen fund index though got out of the huge sell-off situation ultimately set up new daily lowest record.
Relevant materials show that the shanghai fund index fell 293.65 or 5.63% to 4923.12 last week (a previous week closed at 5216.77); Shenzhen index fund decreased 344.74 or 6.67% to […]

Open-end fund is unmoved while the closed-end fund rise slightly

GUANGZHOU (Fund China) - It was reported that the open-end fund showed an unchanged and strange performance yesterday. Reporter said that at present, most of the open-end funds held a wait-and-see attitude as there was not any transaction in the open-end fund reflected from the unchanged net value.

Not too optimistic at the rebound

GUANGZHOU (Fund China) - Though experienced a continual sell-off, China stock market finally rebounded heavily pushed by the strong warming in the surrounding countries’ markets. Shanghai composite index then re-stand at the 4700 threshold. However, even a drastic rebound occurred in the Large Cap yesterday, shanghai composite index’s 3.14% gaining can not redeem even haft […]

Second-tier funds rise with a challenge to the fund industry pattern

GUANGZHOU (Fund China) - Up to the end of 2007, the overall management asset of the top 10 managements takes 49.8% of the whole fund industry’s amount. Such a high centralization clearly mirrors the China domestic fund industry’s present pattern.
However, over the past three years, the top 10 fund managements’ market share has reduced from […]

Fund market moves up with a shrunk amount

GUANGZHOU (Fund China) - Jan. 23, Wednesday, shanghai and Shenzhen Large Cap rebounded with a shrunk exchange volume. Funds in two bourses rose sharply and largely while the small Cap performed actively though the trading volume shrinking larger than a previous day. Shenzhen fund index moved up 4.26% to close at 4794.59 ultimately with a […]

Anabasis at its big downward turbulence

GUANGZHOU (Fund China) - A big downward turbulence swept across the stock market these days. But words from Lombarda China Fund Management say that the long term bullish uptrend is still moving on. This huge shock may be a good buying opportunity for the sophisticated investment institutions nevertheless.

Black Monday and Black Tuesday is circling over fund market

GUANGZHOU (Fund China) - The funds are covered with a dismal mood along with the general investors after suffering a “black Monday” and a “black Tuesday”. The data from Galaxy securities research center shows that experienced the big sell-off at Tuesday, the fund board was in a word, lost through and through. The 239 funds […]