Funds' yields may coast on two sessions

Any positive news from the "two sessions" will likely improve yields of equity funds that focus on stocks of companies in real estate, healthcare and technology sectors, and those that will gain from supply-side reforms, said fund managers.

The two sessions refer to the ongoing meetings of National People's Congress, the top legislature, and the Chinese People's Political Consultative Conference, the top advisory body.

While the NPC's session that began on Saturday will end on March 16, the CPPCC's session that began on Thursday will end on March 14.