Hong Kong Exchange Fund investment income of the previous three quarters, broke the record.
GUANGZHOU (Fund China) – According to China News Agency, Hong Kong, November 8 – The Hong Kong Monetary Authority chief executive Ren Zhigang Thursday that the first three quarters of this year, Hong Kong Exchange Fund investment income of 114.6 billion HKD, not only more than the whole of last year, broke the record over the years.
Ren Zhigang Thursday report in the Hong Kong Legislative Council, he said, of this investment income, the largest share of investment income, earned 67 billion HKD, the foreign exchange earned 10.5 billion HKD, bonds earned 37.1 billion HKD, only the third quarter, the Exchange Fund investment income alone 67.6 billion HKD. As for the Hong Kong government’s fiscal reserves with the Exchange Fund share of a 20.2 billion HKD.
Ren Zhigang said that the Hong Kong Exchange Fund’s previous highest annual investment income in 1998, income 103.8 billion HKD was mainly due to the Hong Kong government in August 1998 after buying the Hong Kong stock market rebound that the Exchange Fund substantial gains. The second is last year’s 103.7 billion HKD. Ren Zhigang expressed the hope that the good investment performance of the fourth quarter, but does not rule out a result of market adjustment that repeatedly.
Copyright Fund China 2009.
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