China Stocks Rebound
China stocks have rebounded sharply after last week’s announcement on capital gain tax reduction.
My funds have risen after falling for two or three weeks.
Would China’s stock markets be able to sustain the momentum until the 2008 Olympics? The government seems to be going all out to ensure this, but overall, based on what some experts say, the Renminbi will continue to appreciate and China will remain a strong player.
Having said that, the road ahead is still bumpy.
Best Performing
(1 month)
Fund Name %
Henderson Hzn China A2 USD 26.53
HGIF Chinese Eq-A SGD 25.88
DWS China Eqty Fund Cl A SGD 24.45
DWS Noor China Eq CL A USD 20.08
UOB United Greater China Fund 19.38
Source: Fundsupermart
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