One of the securities investment funds under the management of ICBC Credit Suisse Asset Management Co., Ltd. has been among the first batch of funds in Chinese Mainland to register with the Hong Kong securities regulator for joining the Mainland-Hong Kong fund mutual recognition (MFR) business.
The ICBC Credit Suisse Core Value Hybrid Securities Investment Fund is expected to be available for the Hong Kong investors in late February, 2016. By December 17, the fund achieved an accumulated growth of 596.84 percent in net value, according to data from China Galaxy Securities Fund Research Center.
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