US EditionChina Fund Beats 97% of Peers by Buying Pop Mart, Dumping Moutai
Summary by Fortune
5 Articles
5 Articles
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China fund beats 97% of peers by buying Pop Mart, dumping Moutai
A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favored names like Pop Mart International Group, betting that new-age shopping trends can help his fund overcome the country’s economic sluggishness. Xie Tianyuan’s Penghua Selected Return Flexible Allocation Mixed Fund has returned 24% this year, ranking in the top 3% among roughly 2,300 peers, data from fund tracker East Money Information Co. sh…
·New York, United States
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China Fund Beats 97% of Peers by Buying Pop Mart, Dumping Moutai
A 30-year old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favored names like Pop Mart International Group, betting that new-age shopping trends can help his fund overcome the country’s economic sluggishness.
·United States
Read Full Article
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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