Hong Kong Exchange Fund in the first quarter loss of HK $ 52.4 billion

Release Date：2013/1/25 14:02:38 | Posted by：Dongguan Aohong Electronics Co., Ltd

The extreme volatility in global capital markets, the Hong Kong Exchange Fund has also not been spared.

 

On April 28, the Hong Kong Monetary Authority Chief Executive Joseph Yam said the Hong Kong Exchange Fund investment loss of HK $ 14.6 billion in the first quarter of this year, which is the Exchange Fund investment losses for the first time since 2005. He also said that the first quarter of this year, most of the investment losses or to pay back in April.

 

The first quarter of 2007, the Exchange Fund investment income of up to HK $ 20.7 billion.

 

28, Mr Yam said in a report to the Legislative Council, the first quarter of this year, the Exchange Fund investment loss of HK $ 30 billion in the Hong Kong stock market, on the other stock investment losses of up to HK $ 22.4 billion from two investment loss the return of the foreign exchange and bond investments vanish, including foreign exchange gain of HK $ 12.2 billion bond return on investment of HK $ 25.6 billion.

 

Mr Yam revealed that, the HKEx shares last year, the Hong Kong Government Exchange Fund assets to buy the current carrying amount of change in valuation for the earnings of HK $ 5.5 billion.

 

As of the end of March this year, the Exchange Fund accumulated surplus of HK $ 583.6 billion, the government's fiscal reserves placed with the Exchange Fund of Hong Kong to HK $ 503.2 billion.

 

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