HSBC China Dragon Fund's Equity Buyback announced on November 21, 2017 has closed with 21,484,754 shares, representing 20% of its issued share capital for HKD 282.31 million.
December 18, 2017 at 12:00 am EST
The company closed its plan on December 18, 2017. The company has received valid applications for 54,573,042 units. The company accepted shares on a pro – rate basis at around 39.37% for each unitholder on the number of units such unitholder has validly applied to redeem under the offer. The validly accepted units were redeemed at a per unit price of HKD 13.14.