MORGAN STANLEY CHINA A-SHARE FUND QUADRUPLES SINCE ROLLOUT
AsiaInfo Services, October, 2007
AsiaInfo Services 10-15-2007 Morgan Stanley China A-Share Fund Quadruples since Rollout SHANGHAI, Oct 15, 2007 (SinoCast via COMTEX) -- Morgan Stanley China A-Share Fund has been valued at over USD 1 billion by the end of September, 2007, quadrupling for a year since establishment. The China A-Share Fund, set up by the Wall Street giant, is a close-end and non-diversified investment management firm that mainly invests in A-shares of Chinese companies traded on the Shanghai and Shenzhen Stock Exchanges. The fund, the first and the only US registered investment company that principally invests in China A shares, came into the market and raised USD 240 million on September 25 last year.
The fund's assets had grown up to USD 1.04 billion by September 28 this...
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