The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So
The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So

Hong Kong’s Exchange Fund reports record HK$86 billion loss in first quarter as coronavirus batters stock market

  • The enormous losses mainly stemmed from the fund’s investments in both Hong Kong and overseas stocks
  • The losses, mainly from overseas stock market investments, are in sharp contrast to a year ago when the fund reported its best first-quarter return, of HK$133.4 billion

Topic |   Hong Kong economy
The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So
The Hang Seng Index, like other stock gauges around the world, has tumbled during the coronavirus pandemic. Photo: Edmond So
READ FULL ARTICLE