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HKMA Exchange Fund not heavily allocated to China: senior executive

Shusi He
Exposure to renminbi assets is less than 15% for the fund dedicated to defending Hong Kong’s dollar peg. However, a fund executive cautions against missing out on a China rebound.
HKMA Exchange Fund not heavily allocated to China: senior executive

The Exchange Fund of the Hong Kong Monetary Authority – the city’s de facto central bank – is not heavily allocated to China due to structural reasons, a senior executive said.

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