Thursday, May 2, 2013

FOXBusiness.com: Hong Kong Exchange Fund 1Q Investment Income HK$17.1 Billion

FOXBusiness.com
FOX Business Network - The Power to Prosper
Hong Kong Exchange Fund 1Q Investment Income HK$17.1 Billion
May 3rd 2013, 03:41

The fund that manages Hong Kong's foreign-exchange reserves and backs its currency saw first quarter investment income falling 44% from the previous quarter, weighed by weaker local stocks and foreign-exchange losses, the Hong Kong Monetary Authority said Friday.

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