Hong Kong Exchange Fund posts investment income of $6.95b in Q1

Hong Kong Exchange Fund posts investment income of $6.95b in Q1

Photo: Clayton Robbins/ Unsplash

Hong Kong’s Exchange Fund, used to back the Hong Kong dollar, posted an investment income of HK$54.3 billion ($6.95 billion) in the first quarter of 2024 for a second consecutive quarter of gain, the Hong Kong Monetary Authority (HKMA) said on Monday.