From: “China Securities News”
Compiler: Fund China

First listed on the Hong Kong Stock Exchange closed-end the China Equity Funds HSBC China Dragon Fund (0820.HK) listing last Friday, due to market cream, which closed the first day of the shares soared over 20%. HK reports 12. Fund managers said that the Fund will initially mainly investment and consumption, infrastructure, shipping and other fields.

HSBC Dragon Fund’s sale of a total of 323 million fund units, each at 10 Hong Kong dollars. The fund will invest in China’s stock market overall, including A shares and B shares, H shares and red chips, and meet the investment requirements of the listed companies, preliminary plans will be 40% -50% of assets invested in the A-share market, 50% -60% of investment in other stocks.

HSBC outstanding reputation investment director and Head of China Investment Huang Zijun, Dragon Fund initial investment in the consumer, infrastructure construction, shipping and machinery industry leading enterprises A shares which accounted for 40 -50%; As for the future will further increase the proportion of A-shares, depending on market conditions.

Copyright Fund China 2008.

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