• 09/22/2024

Hong Kong Exchange Fund continues its comeback with US$12.5 billion gain after border reopening sparked market rally

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 the local currency continued its comeback in the first quarter, posting a return of HK$97.9 billion (US$12.5 billion) on the back of rising stock markets after the city and mainland China reopened their borders.

https://www.scmp.com/business/banking-finance/article/3219743/exchange-fund-continues-its-comeback-us125-billion-first-quarter-gain-after-border-reopening-sparked?utm_source=rss_feed