HuaAn Unveils China Fund, Plans ETF

HuaAn Asset Management Hong Kong has rolled out its first Greater China hedge fund and is also planning a long-only product and an ETF.

HuaAn Asset Management Hong Kong has rolled out its first Greater China hedge fund and is also planning a long-only product and an ETF, Asian Investor reports. The Greater China Thematic Long/Short Fund has been launched primarily for Hong Kong-listed companies. The fund invests in mainland A shares and B shares, stocks of Chinese firms listed in the U.S and Singapore as well as Taiwanese stocks. HuaAn CIO Craig Chen said that with China’s economy expected to witness a structural change in the next five years, HuaAnn will short-sell stocks which “destroy shareholder value or are entering a declining stage.

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