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Top fund is cautious on China property stocks amid cooling steps

Published Tue, Oct 18, 2016 · 09:50 PM
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Beijing

A TOP-PERFORMING fund is cautious on Chinese property stocks after rallies drove up valuations and local governments took measures to curb gains in the real estate market.

Robert Lloyd, whose US$364 million JPMorgan Pacific Securities Fund has beaten 97 per cent of peers over the …

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