A view of Hong Kong island across the Victoria Harbour on 23 November 2022. Photo: Sam Tsang
A view of Hong Kong island across the Victoria Harbour on 23 November 2022. Photo: Sam Tsang

Hong Kong: Exchange Fund’s 9-month loss balloons to a record US$34 billion from ‘triple whammy’ of plunging stocks, bonds and currency

  • HKMA chief Eddie Yue expects the Exchange Fund to report a full-year for 2022, the third such time in the fund’s history
  • The fund’s cumulative losses totalled HK$265.5 billion over nine months, the worst nine-month loss on record

A view of Hong Kong island across the Victoria Harbour on 23 November 2022. Photo: Sam Tsang
A view of Hong Kong island across the Victoria Harbour on 23 November 2022. Photo: Sam Tsang
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