EconomyMainland Chinese overseas funds win on oil and US stocks as Hong Kong bets lag
Returns among mainland Chinese mutual funds investing overseas have diverged sharply this year. Energy-linked and US-stock products outperformed, while funds tracking Hong Kong equities fell behind. Wind data show energy funds led QDII outbound products, reflecting a 50% rise in crude prices after US strikes on Iran.
Mainland Chinese overseas funds win on oil and US stocks as Hong Kong bets lag
Economy