What you need to know
- 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
- Hong Kong’s Exchange Fund first-half earnings fall 37% on equity slump, softer bond income
- 1 approved source currently support this coverage record.
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 portfolio swung to a
This living report combines 1 independent source domain and separates confirmed information from details that may still change.
What happened
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. E
Hong Kong’s Exchange Fund first-half earnings fall 37% on equity slump, softer bond income
What is confirmed
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Background and context
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Hong Kong’s Exchange Fund first-half earnings fall 37% on equity slump, softer bond income
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-
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Sources and supporting records
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South China Morning Postscmp.com · supporting report



