HK Exchange Fund not intended to invest in virtual assets: HKMA

advertisement
Eddie Yue. SING TAO
Eddie Yue. SING TAO

Hong Kong’s Exchange Fund has no intention to invest in virtual assets as the city prioritizes stability amid a volatile environment.

Hong Kong Monetary Authority chief executive Eddie Yue Wai-man said the investment of Exchange Fund – which backs the Hong Kong dollar – need to consider the liquidity, stability, long-term returns and diversification.

Yue disclosed that the Exchange Fund has investmented in metals and some assets in mainland China.

But the authority has no intention to allocate some capital from the Exchange Fund to to virtual assets, as it is difficult to predict shocks caused by external environmental and geopolitical factors, Yue noted.

Related Article
Trade Definition in Finance: Benefits and How It Works
What Country Spends the Most on Healthcare?
Market Economy vs. Command Economy: What's the Difference?
President Biden's Plan for Combating COVID-19
Glass Steagall Act of 1933, Its Purpose and Repeal
China faces up to 0.4 ppt hit in GDP from tariffs
Salesforce cutting 1,000 roles while hiring salespeople for AI
Market rally runs out of steam
©2025 EcoInvest All Rights Reserved
Privacy Policy
Terms of Service
  •  HOME
  •  HOT ARTICLES
  •  RECOMMENDED
  •  LATEST NEWS
  •  POPULAR POSTS
  •  RELATED ARTICLE
  •  PRIVACY POLICY
  • Home
  • HOT ARTICLES
  • RECOMMENDED
  • LATEST NEWS
  • POPULAR POSTS
  • RELATED ARTICLE
  • PRIVACY POLICY