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Tony Kim, BlackRock Portfolio manager and head of the fundamental equities technology team believed innovation leaps in technology, such as next generation silicon or the cloud computing stack, have driven the growth of the sector in recent years.
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Though on a more positive note, policy relaxation continues to be evident especially for the demand side, with more cities across China announcing further easing to home purchase restrictions last week; a bid to bolster consumption, and in turn, liquidity for property developers.
In raising the Funds liquidity levels, we may also invest in collective investment schemes that are able to meet the Funds investment objective.