To celebrate the listing of two of its products on the Main Board of the Stock Exchange of Hong Kong on 14 March 2017 (Tuesday), Samsung Asset Management (HK) Limited made a generous donation of HK$2 Million to The Community Chest of Hong Kong on the day. The products are: Samsung HSCEI Daily (2x) Leveraged Product (Stock code: "7228") and Samsung HSCEI Daily (-1x) Inverse Product (Stock code: "7328"). The cheque was given by Dr Sunghoon Koo (right), Chief Executive Officer of Samsung Asset Management Company 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.