The Exchange Fund, the war chest used to defend the local currency, reported a 37 per cent decline in first-half earnings as losses in Hong Kong equities and weaker bond returns weighed on performance, the Hong Kong Monetary Authority (HKMA) said on Tuesday. 17 billion), down from the record half-year return of HK$214 billion in 2025.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
The Exchange Fund, the war chest used to defend the local currency, reported a 37 per cent decline in first-half earnings as losses in Hong Kong equities and weaker bond returns weighed on performance, the Hong Kong Monetary Authority (HKMA) said on Tuesday. Earnings stood at HK$134.7 billion (US$17.17 billion), down from the record half-year return of HK$214 billion in 2025. The Hong Kong stock p
During the opening ceremony of Ride to Shine Hong Kong this month, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui challenged Hongkongers to cycle more than 1.2 million km – a distance equivalent to circling the Earth 30 times – to commemorate Hong Kong’s 30th anniversary of returning to China next year. Cycling is more than a trend and worth developing. Since the invention of the b