Friday, October 24, 2014   

Exchange Fund income amounts to HK$50.5b in first half
(07-29 17:35)

The Exchange Fund recorded an investment income of HK$50.5 billion in the first half of 2014, the Hong Kong Monetary Authority said. The gains on Hong Kong equities amounted to HK$1.9 billion, with gains on other equities amounting to HK$19.6 billion.
Bonds provided a gain of HK$26.6 billion and the de facto central bank realized an exchange gain of HK$400 million.
Other investments brought HK$2 billion during the period.
Total assets of the Exchange Fund stood at HK$3.07 trillion at the end of June 2014, an increase of HK$38.2 billion compared with the end of 2013, the HKMA said.   
Other Business breaking news:
British economy grows slower in Q3 (36 mins ago)
Firm in China's first bond default to be restructured (37 mins ago)
Hang Seng closes lower (1 hr 14 mins ago)
Pearson reports sliding sales (1 hr 15 mins ago)
European stocks fall at open (1 hr 31 mins ago)
BASF says won't meet 2015 targets (1 hr 32 mins ago)
ECB to unveil results of eurozone bank health check (1 hr 33 mins ago)
German consumer confidence stops falling: survey (1 hr 37 mins ago)
Nikkei finishes higher (1 hr 53 mins ago)
Hang Seng dips by lunch (10-24 12:23)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.