Appropriate Increase The Concentration Of Individual Stocks, ICBC, Credit Suisse, Shanghai And Hong Kong, The Three Quarter, The Excess Returns Were Significant.

The three quarter

The Hang Seng Index rose by 6.95%, gaining a 4.90% performance over the same period.

Some Shanghai and Hong Kong Shenzhen fund outstanding performance, the latest fund three quarterly report shows that ICBC Credit Suisse Shenzhen Hong Kong Shenzhen three quarter net growth rate of 10.83%, not only won the Hang Seng Index, and significantly exceeded the benchmark performance of 6.91%, the excess earnings significantly.

In this regard, ICBC Credit Suisse Shanghai Hong Kong Shenzhen three quarterly analysis, benefiting from the continuous improvement of corporate earnings and adequate liquidity, the Hongkong stock market performed well in the three quarter.

The semi annual report shows that there has been a significant improvement in asset quality, return on investment and profit margins, and the market's expectations for future earnings have reached the best level since 2013.

Against this background,

Shanghai and Hong Kong's combination strategy keeps the higher positions while tilting the industries that benefit from economic recovery as far as possible.

Its fund managers believe that with technological progress and

The emergence of emerging industries will get more valuation premium.

Therefore, while maintaining effective diversification of investment portfolios, the concentration of individual stocks has been appropriately increased.

In terms of industry allocation, the three quarter of ICBC, Credit Suisse, Shanghai and Hong Kong is relatively concentrated in the fields of financial insurance, real estate, information technology, consumer upgrading and clean energy, and has achieved good results.