Hong Kong’s Exchange Fund reports second best year ever in 2019 even as returns weaken in the latter half due to protests

• Investment income increased to HK$247.2 billion (US$31.8 billion) for the full year, compared with HK$10.9 billion in 2018
• Accommodative central bank monetary policies lent support to the equity and bond markets, helping the Exchange Fund achieve a decent return on its investments, said Eddie Yue Wai-man, the HKMA chief executive