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Hybrid vehicles – when government support drives world-class technological development

  • Published 17 Apr 2009

Hong Liu, a senior portfolio manager at Fortis Haitong Investment Management in Shanghai, talks on how environmental concerns in China could drive it to become a leading manufacturer of hybrid cars and the medium-term investor opportunities this presents.

The domestic Chinese stockmarket has put in a strong performance in recent weeks. However, at Fortis Haitong Investment Management, adviser to the Qualified Foreign Institutional Investor funds for foreign investors since 2004, it is not just the tactical opportunity of investing in China today that gets us excited. With the government keen to keep the economy afloat and target its support to specific industries, we believe that secular growth trends supported by government policy could be a source of strong future gains for investors.

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