Profiting From Trade War, China Fund Jumps 54% in First Year

  • Bets on tech and alcohol shares have paid off for Xu Xiaoyong
  • Sees trade war with U.S. helping boost domestic tech suppliers
Photographer: Qilai Shen/Bloomberg
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Xu Xiaoyong has returned 54% for investors during his fund’s first year by hunting for stocks that can thrive despite the challenges facing China’s economy.