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CIFM's Sun expects tough year as MRF funds launch

Toby Yiu
The Chinese asset manager's co-head of equity funds predicts a difficult year ahead and further falls for A-shares, as the firm starts selling its first three mainland products in Hong Kong.
CIFM's Sun expects tough year as MRF funds launch

The co-head of domestic equity funds at China International Fund Management expects further falls in Chinese stocks but urged foreign investors to look beyond the headline negative sentiment for A-share opportunities. Sun Fang was speaking yesterday as the firm launched its first three southbound funds* under the mutual recognition of funds (MRF) scheme.

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