HSBC China Dragon Fund (820 HK) is a Hong Kong-listed closed-end fund that invests in Chinese equities.

On 9 December 2024, HSBC, the manager, announced that it will sell all its assets, return capital to shareholders, and shut down the fund.

The HSBC fund has been trading at a large discount to its net asset value. The discount was 17% immediately before the shutdown announcement.

We, Argyle Street Management, played a small role in the 17-year history of HSBC China Dragon Fund. In 2015, our activist campaign led to a series of buyback exercises.

We applaud HSBC for acting in the best interest of its investors.

Chat with us on WeChat or WhatsApp:

💬 WeChat ID: ASM_Argyle

💬 WhatsApp ID: +852 6317 6371

🖥️ UnlockValueChinaMerchants.com

📧 ChinaMerchants@asmhk.com


汇丰中国祥龙基金(820 HK,“汇丰基金”)是一个在香港上市的封闭式基金,主要投资于中国股票。

2024年12月9日,基金经理宣布将出售汇丰基金全部资产,向股东返还资本,并关闭该基金。

汇丰基金一直以较大折价交易,清算公告发布前折价为17%。

我们,Argyle Street Management,在汇丰基金17年历史中扮演了一个小角色。2015年,我们的积极行动促使了汇丰基金后面一系列的回购行动。

我们赞赏汇丰为了其投资者的最佳利益而采取的行动。

欢迎随时跟我们联系:

💬 微信: ASM_Argyle

💬 WhatsApp: +852 6317 6371

🖥️ UnlockValueChinaMerchants.com

📧 ChinaMerchants@asmhk.com

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