Hong Kong Exchange Fund Reports Significant Growth in First Quarter
Monday, 6 May 2024, 02:43
Overview
The Hong Kong Exchange Fund recorded a significant US$7 billion gain in the first quarter due to the strong performance of overseas stock markets.
Key Points:
- Rise in Overseas Stock Markets: Overseas stock investments contributed to the positive return for the Exchange Fund.
- Mitigating Losses in Domestic Equities: The gain was crucial in offsetting losses experienced in domestic equities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.