A surge of Chinese investment in mutual funds with
driven by money flooding into the electric car sector is likely to be sustained this year,
according to funds research and management firm Morningstar.
Major policies announced by Beijing last year to drive
in industry will benefit product and solution providers, said Chloe Qu,
the Shenzhen-based manager research analyst at Morningstar China.
“As the Chinese government has taken a proactive stance on tackling climate change and announced national policies, [we]
expect increasing investor interest in the long term growth of [decarbonization] related sectors, such as electric vehicles and renewable energy,” she told the Post.
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