Fund Managers

Hong Kong equities funds recover after months of weakness

Lipper research shows that equity funds posted an average gain of 2.36% in February, the first month that Hong Kong funds have reported a positive performance since October 2007.

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The Chinese yuan is:



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Overvalued versus the dollar
  19%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  32%
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