Translator: MOS Translation Group – Four Seasons

The Hong Kong Monetary Authority said on Thursday that the investment income from the Hong Kong Exchange Fund, which is used to back the Hong Kong dollar, announced HK$170.5 billion (US$21.9 billion) in 2021, a 27 percent year-on-year decline and the lowest in three years, the OAN website reported, citing Reuters on Jan.27.

FILE PHOTO: A Hong Kong dollar note is seen in this illustration photo May 31, 2017. (REUTERS/Thomas White/Illustration)

According to Eddie Yue, HKMA Chief Executive, the investment environment will remain uncertain with a slowing global economic recovery, slower growth momentum of corporate earnings and lingering concerns about new virus variants and geopolitical tensions.

The HKMA is the primary manager of the Exchange Fund, which is controlled by the Financial Secretary and invests in stocks, bonds, foreign exchange and other securities and assets.

Reference link:

香港外汇基金2021年投资收益创近三年新低 – GNEWS

Posted by: Xiaolunn

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