Crossfiled1 outlets · first filed 12 hours ago
Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty. The outlook for the final quarter is also challenging, the Hong Kong Monetary Authority (HKMA) said on Friday.
How it broke
12 hours ago
South China Morning PostFirst
Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence
South China Morning Post
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