HK Exchange Fund to stay prudent after woeful results

Jul 30, 2018

The HKMA warns that the global investment environment will become more challenging in the second half of the year, after posting an investment loss of HK$7.7 billion in the last quarter.

HK Exchange Fund to stay prudent after woeful results

The Hong Kong Monetary Authority aims to keep “prudently” investing its Exchange Fund through asset diversification and defensive measures, after global stock market volatility gouged a big hole in its first half returns, according to executives from the de facto central bank.

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