Hong Kong’s Exchange Fund is the city’s reserves and cash war chest for defending its currency’s value. Photo: Felix Wong

Hong Kong’s Exchange Fund posts best returns ever, thanks to global stocks rally

The fund made HK$252 billion last year, almost four times the HK$68.1 billion gains in 2016

Topic |   Hong Kong Monetary Authority (HKMA)

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Hong Kong’s Exchange Fund is the city’s reserves and cash war chest for defending its currency’s value. Photo: Felix Wong
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