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QFII funds see higher return
By Li Zengxin (chinadaily.com.cn)
Updated: 2006-11-15 08:51
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According to the Lipper China Fund Monthly Report, investment funds managed by qualified foreign institutional investors (QFII) saw an average return of 5.77 percent in September, higher than other domestic funds investing in the mainland stock market.

Compared with Chinese funds, QFII were more inclined to hold stocks, particularly blue chip stocks, for longer periods.

In 2005, the change-hand rate of QFII-held stocks was 193 percent, below that of local funds at 325 percent. That of social security funds was at 218 percent and those of securities brokers' collective funds and self-managed funds was at 520 percent and 360 percent respectively.

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The full text is available in the November Issue ofChina Banking.


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