GUANGZHOU (Fund China) – For the information of stamp duty’s reduction, what is the Attitude of the major fund companies? Fortis Haitong Fund and China International Fund gave a positive evaluation today.

President of the Fortis Haitong Fund Tian Renchan said today, the policy of “stamp duty’s reduction” can not be simply described a positive, the important is that this policy recover the trading function of market. In addition, the Fortis Haitong Fund has just got the N2+ honours, which is the highest honours in all asset managers. Fortis Haitong Fund think that we should concern about the base of market more than concern about the short-term market direction when we invest. Jiang Zheng, the Fortis haitong fund’s manager, take this policy as a “icing on the cake”. Rui Kun, the manager of China International Dual Nuclear Balanced Fund which will be launched soon consider that reduce the stamp duty can recover market’s faith on a large extent. However, he considered how far the market can go also depend on the macroeconomic and listing company’s future profitability.

Copyright Fund China 2009.

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