Clouds, Crops, ‘The Rose of Time’: China Enjoys a Bull Market in Poetic Investor Letters

Hong Kong has faced a record surge in Covid-19 cases and the world’s highest death rate, prompting authorities to impose strict restrictions. WSJ’s Diana Chan reports on how everyday life has changed in the city, from panic buying to an exodus of residents.

“In the violent fluctuations, we feel the panic and suffering of our fundholders, but we believe that winter will eventually pass and the future belongs to the optimists,” wrote Bank of Communications Schroder Fund Management Co. in a Thursday letter to its investors. The mutual-fund manager is a joint venture between the Chinese state-owned bank and British money manager Schroders , and has the equivalent of $87 billion in assets under management, according to data provider Wind.

不乐观的言论能发表么？

😆LOL.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian markets muted as investors weigh which way market is headedAsian stock markets were mixed Monday after Wall Street turned in its biggest weekly gain in 16 months as investors watched efforts to negotiate an end to... 👍 David Beckham temporarily gave his Instagram with 71.4 million subscribers to Kharkov doctor Irina Kondratova. DavidBeckham instagram Would be hard pressed to find a more vacuous post tonight
Source: MarketWatch - 🏆 3. / 97 Read more »