Currently we run single strategy in Pan China equity space namely a Pan China strategy, where we invest in both onshore and offshore Chinese equities.

To achieve long-term capital appreciation through investments in the shares of companies operating in China, no matter whether they are listed, onshore or offshore.

Large investment universe of over 6,800 companies offers investors both depth and breadth in investments.

In-depth fundamental research driven manager with experience and local footprint is likely to stand out given the retail dominated market and alpha opportunities available.

Chinese equities, both onshore and offshore, look appealing as: 1) valuations are at the compelling level following the market corrections in 2021, 2022, 2023 and a pull-back in late 2024 due to regulatory uncertainties, Covid-19 and government's restrictive Covid-zero policies, a multi-year property downturn, subdued consumer sentiment and challenging geo-politics; 2) regulatory clampdown has come to an end and more policies and measures have been put into place to support private sector; 3) major long term structural and business trends such as tech innovation and self-reliance, industrial upgrading, new and emotion comsumption and 'going global' will continue to play out in the years to come; 4) major policy shifts have been made since late September 2024, both monetary and fiscal, to boost the economy and restore people's confidence, aiming to bring the country back to the right growth track though more needs to be done; 5) CSRS's ction to stabilize and support A-share markets, so called the "CSRC put", and Beijing's growing policy support to revitalize Hong Kong capital markets, all will help lift up China equities further.