26.10.2015 - HKMA warns on Exchange Fund
The performance of Hong Kong's Exchange Fund in the first three quarters this year, which will be announced early next month, can hardly be encouraging, warns Eddie Yue Wai-man, deputy chief executive of Hong Kong Monetary Authority. And chief executive Norman Chan Tak-lam's warning in January that the investment environment in 2015 will be more complex and difficult than last year is quite prescient as global financial markets have been abnormally turbulent so far, especially in the third quarter, Yue wrote in an article on the authority's website...............................................Full Article: Source
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