EconomyHong Kong Exchange Fund earnings plunge 74% as HKMA warns of further market turbulence
Hong Kong’s Exchange Fund, used to defend the local currency, earned HK$18.6 billion in the third quarter, down 74% from HK$70.8 billion a year earlier. Earnings for the first nine months of 2026 fell 39.6% year on year to HK$171.9 billion. The HKMA warned that market turbulence could persist.
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South China Morning Post★★★☆☆2026-11-06 05:35Original
Hong Kong Exchange Fund earnings plunge 74% as HKMA warns of further market turbulence
Economy