The fund is co-managed by Hugh Simon of Dreyfus sub-advisors Hamon US Investment Advisors in Hong Kong.

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There are only 700 new cases a year in the US, according to Dr. Nai-Kong Cheung, a pediatric oncologist at Memorial Sloan-Kettering Cancer Center in New York City.

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As the US and Europe slow, Hong Kong's trade-dependent service industries will suffer, and this will translate into higher unemployment and slower growth.

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In 2011, researchers from China and Hong Kong showed how it might be done with laser beams of a specific shape - and the US space agency Nasa has even funded a study to examine how the technique might help with manipulating samples in space.

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Yet "investors treat us like every other H- share, " he says, referring to mainland companies with Hong Kong listings.

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