After Calling China’s Crackdown, This Fund Is Going Big on Solar
- Strategic Vision Investment exited tutoring in March
- CIO remains bullish on Xinyi Solar, Sungrow despite rally
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One of the few funds to predict Beijing’s clampdown on education companies is doubling down on its bets on China’s solar companies.
Ken Xu, Hong Kong-based chief investment officer at Strategic Vision Investment Ltd., withdrew from tutoring stocks in March after noting that state-backed media outlets and policy makers were echoing angst among parents about the societal impact of the industry.