Date
18 October 2017

Exchange Fund posts HK$49 bln 3Q investment gain, HKMA says

Hong Kong’s Exchange Fund posted an investment gain of HK$49 billion (US$6.31 billion) in the third quarter after a loss of HK$23.2 billion in the previous three months, the Hong Kong Monetary Authority said Friday. It earned HK$13.7 billion from investment in Hong Kong equities and HK$17.9 billion in other stocks. The fund gained HK$15.6 billion from forex trading and HK$1.8 billion from bonds, the de facto central bank said on its website. For the first nine months, the fund recorded a net HK$44.9 billion in investment gains.

– Contact HKEJ at digest@ejinsight.com

MY/YL/RA

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