HSBC Bank International is set to launch a China fund as well as a fund linked to indices in the US,...
HSBC Bank International is set to launch a China fund as well as a fund linked to indices in the US, UK or Japan in its Capital Secured Growth Fund series. The China Bonus fund is designed to capitalise on the continued growth prospects of China. It is linked to the FTSE/Xinhua China 25 Index. HSBC Bank International decided to launch a China fund because the country has seen strong growth in the past few years with GDP being 9.1% in 2003. It has a fifth of the world's population, as well as an emerging middle class and long-term economic opportunities. The minimum return for the Chi...
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