Regal Asian Investments (ASX:RG8) has reported a net portfolio return of -1.2% for December 2022, with the long book detracting -1.9% and the short book adding 0.7% to returns.
The largest contributors to returns in December were long positions in Hong Kong listed technology companies, while large detractors were long positions in Olympus and Shimadzu, both of which are listed in Japan.
Approximately 3.7 million RG8 shares were bought at an average price of $2.13 during December.
The portfolio is comprised of 94% long exposure and -43% short exposure, with gross exposure of 137%.
Average weighted market cap is $47,505m.
The company expects to release its 1H23 results on Thursday, 16 February.