• 11/11/2024

Hong Kong Exchange Fund rebounds from record loss with US$14.22 billion return in first 9 months, as bonds beat stocks

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The war chest used to defend Hong Kong’s currency posted a third quarter loss but still reported strong returns in the first nine months of 2023 as robust performance in the bond market offset losses in stocks.

https://www.scmp.com/business/banking-finance/article/3241846/hong-kong-exchange-fund-rebounds-record-loss-us1422-billion-return-first-9-months?utm_source=rss_feed