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Exchange Fund faces 'triple-whammy', if equities, bonds and forex valuation all drop, HKMA's Eddie Yue warns

The head of Hong Kong’s de-facto central financial institution gave a uncommon profit warning, expressing the Trade Fund would face a “triple-whammy” scenario with equities, bonds and foreign trade valuation falling at the identical time if the US speeds up its interest-level increases. “Going into 2022, buyers were being treading […]

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