China Economic Net, Beijing, June 2. The recent rebound in the A-share market made more than 90% of equity funds rise in May. In terms of Hong Kong stocks, the Hang Seng Index rose first and then rose in May, up 1.54% for the month, standing at 21,000. point.However, the three hybrid funds of Huatai-Pineapple Fund, which mainly invest in Hong Kong stocks, all fell by more than 5%.
Specifically, Huatai Pineapple Hong Kong Stock Connect Era Opportunity Mixed C dropped 5.60% in a single month, Huatai Pineapple Hong Kong Stock Connect Era Opportunity Mix A dropped 5.56% in a single month, and Huatai Pineapple New Economy Shanghai, Hong Kong and Shenzhen Mixed a monthly decline of 5.40%.To extend the long-term cycle and count the yields in the first five months of this year, the above three funds fell by 36.42%, 36.26%, and 28.12% respectively.
It is worth noting that Huatai-Pineapple Hong Kong Stock Connect Times Opportunity Mixed A and C was established on May 7, 2021, and as of June 1, 2022, it has accumulated losses of 34.59% and 35.01% since its establishment, and the accumulated net value is only remaining. 0.6541 yuan, 0.6499 yuan.Huatai Pineapple New Economy Shanghai-Hong Kong-Shenzhen Mixture was established in November 2016. As of June 1, 2022, the cumulative rate of return was 57.99%, and the cumulative net value was 1.5799 yuan.
The reporter noticed that the above three funds are all helmed by fund manager He Qi, so their shareholdings in the first quarter of this year are also very similar.As of the end of the first quarter, 9 of the top ten holding stocks of the three funds overlapped, and all held heavy holdings in CIFI Holdings Group, Jinke Service, Longfor Group, Country Garden, CITIC Securities, CICC, Binjiang Group, China Overseas Development, CSC Securities.
He Qi said in a quarterly report that he is still very optimistic about the short-term beta market of the real estate sector.Hong Kong stocks are different from A shares, and it is not a good thing to have a layout that is too advanced.It can be seen that since March, the real estate industry of A shares has risen sharply, but the real estate of Hong Kong shares is still underperforming.It said that the allocation of the entire portfolio is still maintained in real estate, brokerages, and some are basically oriented towards good technology stocks and pharmaceutical stocks.
According to the data, He Qi used to be a securities settlement engineer in the Securities Services Department of HSBC. He joined Huatai-PineBridge Fund Management Co., Ltd. in November 2008. He used to be a senior trader in the trading department, assistant fund manager and fund manager in the overseas investment department.He Qi's current fund assets totaled 9.184 billion yuan, and the best fund return during his tenure was 45.32%.
(Editor in charge: Li Rong)
