Spotlight: Guinness Flight to Offer China Mutual Fund

Pasadena-based Guinness Flight Investment Management Ltd. said it’s introducing the first mutual fund to invest exclusively in mainland China. The timing may seem unlikely, given the current financial market turmoil in Hong Kong. The stock market there has lost about 36% since Aug. 7. But firm director James Atkinson said he’s optimistic about the prospects for China and the region, “especially for the long-term.” Guinness Flight already offers three Asian funds.