GUANGZHOU (Fund China) – In is learnt that the ICBC Credit Suisse Global Equity Fund that was established in February has returned over its face value, bringing profits to its investors. Its unit net is 1.0240 Yuan. However, on February 21, that is the first day of the fund’s operation; it fell below its face value and then kept falling. By March 20, its unit net had fallen to 0.9290 which was the lowest point. After that, it began to rise up and returned to 1 Yuan on April 10.

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GUANGZHOU (Fund China) – According to a notice of the China Securities Regulatory Commission, Jutian Fund Management co. has changed for Morgan Stanley Huaxin fund management co.. With regulatory approval, Morgan Stanley will hold 40 percent stock of this fund management company and become its largest shareholder. The deal is China’s fund management industry step in large-scale reorganization of assets, Huaxin securities company owned 30 percent stock after restructure.

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GUANGZHOU (Fund China) – Tuesday ( May 6th ), Lion fund said that China Securities Regulatory Commission has approved the QDII qualification, and Lion fund is allowed to Start overseas investment.

The company which is headquartered in Shenzhen announced that the company achieved QDII qualification has cleared the obstacles of global asset management business.

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GUANGZHOU (Fund China) – It is learnt that Southern Fund Management Company would issue its second fund — Southern Enhanced Value Fund on May 12.

This year, the funds of the company attracted people’s attention by their stability. According to the statistical data in a recent research report, from March 31 to April 21, the average loss rate of equity fund net was 12.34 percent. And all fund nets are impaired. However, there were three funds whose nets are least impaired. They were Southern Stable Growth Fund (the second), Southern Stable Growth Fund, CITIC Dividend Enhanced Equity Fund. The loss rates of these funds were between 6 to 7 percent.

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BEIJING (Fund China) – May 5 BEIJING: Reporter learn that Peng Hua Fund was formally approved by the China Securities Regulatory Commission, it was allowed to develop overseas securities investment management business, and QDII fund expand again.

The person of penghua fund pointed out that they get QDII qualify will enrich the product line, provide more diversify services to investors. At the same time, that is an important step for penghua enter the international market.

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BEIJING (Fund China) – According to Reuters report on May 5th, investment banks Citigroup on the 5th research report published last week, the Offshore Asian Fund continued to make capital inflow, and the Greater China region funds still attract most of the new capital, South Korea Fund also re-favored. Last month, the overall offshore Asia Fund has 54 billion dollars in net inflow for the largest amount this year.

GUANGZHOU (Fund China) – Recently, the fixed-income funds are concerned by investors. On how to choose low-risk funds, the reporter had an interview with Wu Shengtao, the manager of Harfor Growth & Income Bond Fund.

The manager said that although the products in money market and bond market belong to the same type of fixed income products, there are still some differences in positioning between the two markets. Money market funds pay more attention to liquidity, positioning in the financial instruments that are replaced by flowing cash. Details »

GUANGZHOU (Fund China) – UBS SDIC Stable Growth Fund will be issued in ICBC, CCB, Bank of China, Agricultural Bank of China, Bank of Communications, Postal Savings and all major brokerage firms on the first workday (May 5th) after the Labour Day.

As we know, the most outstanding point of this fund is its comparing flexible assets disposition, the scale of its stock investment is from 40% to 80%, and it helps investor adapt the change of market environment through flexible disposition of classificatory assets.

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GUANGZHOU (Fund China) – Although the CSRC had speed up the approval rate of the new funds, the new fund’s issue is low because of the effect by the A-share’s adjustment. Some fund companies begin to buy the old or new funds of their own.

Yesterday, Soochow Dynamic Round Equity Fund announced to set up, the collecting money is 3.173 billion yuan, become the fifth partial fund after buying funds since this year. Soochow’s dynamic round information show that its open to the community to raise form March 17 to April 17, and the effective number is 25,180, the average amount of each subscription is 126,000 yuan.

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GUANGZHOU (Fund China) – Since the CSRC has approved, Guotai Golden Deer Guaranteed Fund (the second issue) will be issued on May 6. In 2008, this is the only one guaranteed fund that is approved to be issued.

In fact, the fund is a continuation of Guotai Golden Deer Guaranteed Fund. Guotai Golden Deer Guaranteed Fund was established in April 28, 2006. Its preservation period will be end on April 28 and then it will turn to Guotai Golden Deer Guaranteed Fund (the second issue). Details »