CSOP Asset Management Limited
Donated HK$4,000,000 to The Community Chest
To celebrate products’ listing
To celebrate the listing of four of its products on the Main Board of the Stock Exchange of Hong Kong on 14 March 2017 (Tuesday), CSOP Asset Management Limited made a generous donation of HK$4 Million to The Community Chest of Hong Kong on the day. The products are: CSOP Hang Seng Index Daily (2x) Leveraged Product (Stock code: "7200"); CSOP Hang Seng Index Daily (-1x) Inverse Product (Stock code: "7300"); CSOP Hang Seng China Enterprises Index Daily (2x) Leveraged Product (Stock code: "7288") and CSOP Hang Seng China Enterprises Index Daily (-1x) Inverse Product (Stock code: "7388"). The cheque was given by Ms Melody He (right), Head of ETF and Index Solutions of CSOP Asset Management Limited to Mr John E Strickland, Campaign Committee Member of The Community Chest.
The Hong Kong Jockey Club, our Partner in charity, generously supports The Community Chest of Hong Kong in helping to subsidize our expenses, thereby enabling 100% of the donations to be allocated to over 160 member social welfare agencies from six major areas of services: children & youth, elderly, family & child welfare, medical & health, rehabilitation & aftercare, and community development.
About The Community Chest of Hong Kong
The Community Chest of Hong Kong was established in 1968 as an independent, non-profit making organization neither funded, nor operated by the Government. Each year, the Chest organizes fund-raising events to benefit over 160 member social welfare agencies that reach out to more than two million beneficiaries in Hong Kong. The Chest’s administrative expenses come from a subsidized grant from The Hong Kong Jockey Club, in addition to income from investments. This allows the Chest to allocate 100% of funds raised to charitable use; this operations model makes the Chest unique among its peers, and helps fulfil its mission to act as trustee of the donors.