The main engine of China's economic development will switch

According to the Galaxy Securities statistics, as of November 16, this year, the standard stock funds yield of only 2.42%, in the partial-share configuration fund ranked "Tan Hua" of the Chinese Dynamic Alpha fund, the yield reached 22.37%.　　In the first half of 2010, the Chinese Business Dynamic Alpha Fund investment direction mainly focused on emerging industries and medicine, at the end of the first quarter to reduce the cyclical plate and then did not participate; in the third quarter, the Fund's main investment direction has focused on emerging industries and pharmaceutical sectors. Turning to the logic of such a layout, Liang Yongjian, an Alpha fund manager for Chinese business, said: "The future of China's economy will be subject to the shift of the main engine, from traditional industries to emerging strategic industries." "Compared to the end of the two quarter of 2010, the Chinese Business Dynamic Alpha Fund in the end of the three quarter of the last ten stocks only 3, and the new 3 shares in the Fund two quarter before the end of the 25 large warehouse stocks." The Shanghai Composite Index has risen only 20% per cent in the third quarter, while the fund's top ten stocks at the end of the three quarter have outperformed the market and peers in the same period. Liang Yongjian