Mizuho Asset Management Co. is opening a China fund, betting new leaders in the world's No. 2 economy will boost growth and quell the Senkaku territorial dispute that has prompted other banks to cancel planned funds.

The MHAM China Growth Focus Fund, which starts Nov. 30, will focus on industries that would benefit from railway, health care and financial reforms by Beijing, said fund manager Masahiko Ejiri.

Possible target stocks include Citic Securities Co., Sinopharm Group Co. and other pharmaceutical firms, according to Ejiri. Consumer and Internet companies, including Tencent Holdings Ltd. and U.S.-listed Baidu Inc., are also candidates, he added.