HANG SENG LAUNCHES THREE A-SHARE GUARENTEED FUND
AsiaInfo Services, September, 2004
AsiaInfo Services 09-10-2004 Hang Seng Launches Three A-Share Guarenteed Fund HONG KONG, Sep 10, 2004 (SinoCast via COMTEX) -- Hang Seng Bank (HSB) launched three A-share guaranteed fund on September 6, with thelongest maturity of 4.75 years, and the highest guaranteed returns ratio to be 11%. Hang Seng Bank also prepares to distribute A-share open-end fund in Japan to introduce Japanese capital into A-share market. Even though the growth rate of China's economy in the second half would not be so vigorous, it would be a moderate progress at least.
Under such circumstances, companies make growing profits, which should have a positive reflection in the long- and medium-term stock market, according to director of HSB in charge of investment services. With...
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