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Hua Shang fund hones in PRC ‘industrial upgrade’ theme

Huashang Fund Management will be marketing its Industry Upgrade Equity Fund from May 11 to June 11. The open-ended fund will invest in Chinese firms that are undergoing industrial restructuring and upgrading. The fund is benchmarked off the S&P/CITIC 300 Indices, which cover the large and mid caps from China’s A-shares market, and the Citic Treasury Bond Index. The fund…

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