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China’s stock fund with 132 per cent returns bets on new-energy market leaders that foreign investors are missing out

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Foreign investors cannot ignore the biggest players at the forefront of the nation’s push into new-energy industries, a Chinese asset manager said after making more than 130 per cent gain in 2020.Locally-listed shares of new-energy vehicle (NEV) makers, renewable energy generators and their suppliers, for example, are expected to be in demand and likely become major targets for offshore investors, according to Li You, a money manager at Shenzhen-based TruValue Asset Management.“If foreign…

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