The second product of China Post Fund Management Company, China Post Core Growth Fund, was approved for issuance yesterday. The new fund will be issued in limited quantities through Agricultural Bank, Postal Savings Bank, China Merchants Bank, Bank of Communications, China CITIC Bank, Bank of Beijing and major brokerage outlets recently.

Xu Peng, the investment director and proposed fund manager of China Post's core growth fund, said that the core optimization fund of China Post's first fund is a product with moderate risk and income, while China Post's core growth fund is a high-risk and high-income fund, focusing on investing in industries and enterprises with core competitiveness and sustainable growth, and its operation is more radical.