On May 8, the Hong Kong Monetary Authority announced that the investment income of the Exchange Fund in the first quarter was 97.9 billion Hong Kong dollars, making profits for two consecutive quarters and turning losses into profits year-on-year.
During the period, Hong Kong stock income was 3.3 billion Hong Kong dollars, other stocks were 25.5 billion Hong Kong dollars, bonds were 43.9 billion Hong Kong dollars, and foreign exchange was 25.2 billion Hong Kong dollars.
During the period, the Exchange Fund paid HK$5.4 billion to fiscal reserves and HK$3.9 billion to SAR government funds and statutory organizations.
The Monetary Authority stated that the income earned by the Exchange Fund in the first quarter was nearly half of the HK$200 billion loss recorded last year, and it hopes to continue to work hard for the rest of this year.