The Exchange Fund has reported investment gains of HK$61 billion for last year, a sharp turnaround from a HK$15.8 billion loss in 2015, thanks to better returns from the stock market investments. Photo: AFP

Exchange Fund reports 2016 investment return of HK$61bn, in huge turnaround from 2015’s HK$15.8bn loss

HKMA’s chief executive Norman Chan Tak-Lam, however, warns on challenges ahead, and urges government to expect lower returns in future

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The Exchange Fund has reported investment gains of HK$61 billion for last year, a sharp turnaround from a HK$15.8 billion loss in 2015, thanks to better returns from the stock market investments. Photo: AFP
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