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Mutual fund sales in Hong Kong up by 51% in second quarter of 2011

The Hong Kong Investment Funds Association (HKIFA) has reported that for the first six months of 2011, the mutual fund industry has registered net sales of US$ 5103 million which represents an increase of 14.2% over the same period last year and an increase of 188% over the levels registered in the second half of last year. On a half…

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