
Exchange Fund investment income surges
Amount is second highest on record.
Hong Kong's Exchange Fund reported a HK$108.6 billion (US$14.01 billion) investment income for 2012, said the Hong Kong Monetary Authority.
The full-year investment return was 8% and compares with the 1.1% return or HK$27.1 billion investment gain in 2011.
HKMA is the key manager of the Exchange Fund, which is used to back the Hong Kong dollar. The fund invests in equities, bonds, foreign exchange and other securities and assets.