On March 24, Keda Technology Co., Ltd. experienced its eighth consecutive trading day of decline, with a cumulative drop of 11.40% during this period. Established in 1993 and listed on the Shenzhen Stock Exchange in 2010 (stock code: 002518), Keda has dedicated the last 30 years to the research and production of various products, including UPS power supplies, air conditioning systems, micro-modules, batteries, photovoltaics, energy storage, and electric vehicle charging stations. The company is recognized as a comprehensive solution provider in the smart energy sector.
According to financial reports, the Southern Asset Management Company‘s Southern CSI 500 ETF ranks among the top ten shareholders of Keda, having increased its holdings in the fourth quarter of last year. Year-to-date, the fund has achieved a return of 4.28%, placing it 1255th among its peers (out of a total of 3442 funds).
The manager of the Southern CSI 500 ETF is Ms. Luo Wenjie. Her resume indicates that she holds a Master’s degree in Mathematical Finance from the University of Southern California and a Master’s in Computer Science from the University of California. She is also qualified to work in the Chinese fund industry. Previously, she worked at Morgan Stanley as a quantitative analyst. She joined Southern Fund in September 2008, initially serving as an assistant fund manager in the quantitative investment department. Currently, she serves as the general manager of the index investment department.
Throughout her career, Ms. Luo has held several significant positions, including:
- Assistant fund manager for the Shenzhen Component Index ETF from February 28, 2011 to April 21, 2013.
- Manager for the Southern Strategy Fund from May 17, 2013 to June 16, 2015.
- Manager for Southern Strategy and Southern Quantitative Mixed Funds from November 9, 2017 to January 18, 2019.
- Manager for Southern H Shares ETFs from February 8, 2018 to March 27, 2020.
- Manager for the Southern 500 and Southern 500 ETF since April 22, 2013.
- Manager for the Southern 300 and Southern 300 Connected Funds since May 17, 2013.
- Manager for multiple other funds, including the MSCI fund and various ETFs.
Southern Asset Management Company was founded in March 1998, with Zhou Yi serving as chairman and Yang Xiaosong as general manager. The company has four shareholders: Huatai Securities Co., Ltd. holds 45%, Shenzhen Investment Holdings Co., Ltd. holds 30%, Xiamen International Trust Co., Ltd. holds 15%, and Xingye Securities Co., Ltd. holds 10%.
