Hong Kong's SVI winds down China-focused hedge fund

Hong Kong's SVI winds down China-focused hedge fund

FILE PHOTO: Screens showing the Hang Seng stock index and stock prices are seen outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo

Hong Kong-based hedge fund Strategic Vision Investment (SVI) has wound down its main Value Multiplier Fund which invested in Chinese equities, three sources said.