Volatile asset markets were a factor in the Exchange Funds diminished investment returns during the quarter. Photo: Sam Tsang

Exchange Fund third quarter investment return drops 97 per cent on year to HK$1.6 billion

  • The Exchange Fund returned HK$1.6 billion (US$204.3 million) during the quarter, substantially lower than HK$61.8 billion a year earlier
  • The major drag on returns during the quarter was a foreign currency valuation loss of HK$16.2 billion
Topic |   Hong Kong Monetary Authority (HKMA)

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Volatile asset markets were a factor in the Exchange Funds diminished investment returns during the quarter. Photo: Sam Tsang
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