Hsin Wah was on approach to Hong Kong after journeying from Shanghai under the command of Captain N. R. Jensen, a Dane, when she struck rocks in the early morning of 16 January 1929 off Waglan Island.[5] Jensen thereafter managed to free the vessel by moving the ship astern, however Hsin Wah began to take on water and list developed. In the chaos, only one lifeboat was able to successfully launch from the ship but the lifeboat capsized in due to the weather almost immediately.[5] The ship sank as a result around an hour after the initial crash. Of the ship's complement, only around 20 people were able to be saved by Chinese fishermen in the area with the survivors recounting the horrific scramble to escape the foundering vessel.[5]
Hsin Wah lies at a depth of 23 meters below the waters off northern Waglan Island at 22.19 Latitude, 114.3 Longitude where the wreckage remains visible as of the Hong Kong Marine Department survey of 15 October 2008.[2]
^ abcHervé, Levano, ed. (17 January 1929). "Hsin Wah, Loss of 340 Lives"(jpeg). wrecksite.eu. Adelaide, South Africa. Retrieved 22 October 2019. Boats are still searching for possible survivors from the wreck of the Chinese coaster, Hsin Wah, which struck some rocks and sank outside Hongkong yesterday with a loss of life of 340. The steamer grounded early in the morning in a heavy sea. Captain Jensen, a Dane, managed to get her off the rocks by going astern, but an hour later his ship sank in deep water with great suddenness. It was possible to launch only one lifeboat, which immediately capsized. Twenty persons were picked up by Chinese fishermen. One officer, a Russian named Jacobsen, was saved. Many women and children were among the drowned and two British officers were lost. Patrick Campbell, Chief Engineer, and Harold Beveridge, Second Engineer, two of the survivors, declared that the scene aboard was one of utter confusion. Frenzied passengers fighting the crew and one another in the dark for the possession of lifebelts. So far no further survivors have been found. A later message states that all four foreign members of the crew, including the captain, are still missing. The latter was last seen on the bridge giving a distress signal. The survivors recount stories of a fierce panic in terrific seas, which prevented the successful launching of the lifeboats. The bodies of scores of dead have been recovered.