The HKMA, which manages the HK$4.6 trillion (US$586.14 billion) Exchange Fund, is expected to announce the investment results later this week. Photo: Shutterstock
Hong Kong’s Exchange Fund to report ‘significant’ first-half loss as ‘perfect storm’ sends all assets into free fall, HKMA chief warns
- The war chest to defend the local currency is likely to report a big loss as all asset classes took a nosedive, says Eddie Yue
- The HKMA, which manages the HK$4.6 trillion (US$586.14 billion) fund, is expected to announce the results later this week
The HKMA, which manages the HK$4.6 trillion (US$586.14 billion) Exchange Fund, is expected to announce the investment results later this week. Photo: Shutterstock