The fund earned HK$76.4 billion on its bond holdings in the first six months this year, up from HK$19.5 billion in the same period in 2018, the HKMA says. Photo: AFP

Hong Kong’s Exchange Fund earns record HK$170.8 billion in first half of 2019, driven by bond portfolio as central banks turn dovish

  • Expectations of interest rate cuts, renewed US-China trade talks led to rebound in global equities, Hong Kong Monetary Authority says
  • Fund reported its strongest quarterly gain ever in the first quarter
Topic |   Hong Kong Monetary Authority (HKMA)

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The fund earned HK$76.4 billion on its bond holdings in the first six months this year, up from HK$19.5 billion in the same period in 2018, the HKMA says. Photo: AFP
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