Source: China News Service

China News Service, Hong Kong, July 28 -- The Hong Kong Monetary Authority (HKMA) announced on the 28th that the Exchange Fund recorded an investment income of HK$134.7 billion in the first half of 2026, including bond investment income of HK$49.1 billion, Hong Kong stock investment loss of HK$11.8 billion, other stock investment income of HK$53.7 billion, foreign exchange valuation increase of non-HKD assets of HK$34.3 billion, and other investment income of HK$9.4 billion.

The Chief Executive of the Hong Kong Monetary Authority, Mr. Yu Weiwen, stated that, in summary, the overall performance of global financial markets in the first half of 2026 was generally positive. Among them, driven by investment demand related to artificial intelligence, the semiconductor and technology hardware sectors performed particularly well, and the US stock market and some major markets in the Asia-Pacific region reached new highs. In terms of the bond market, due to the sharp rise in international oil prices and supply chain disruptions, there were concerns in the market that inflation in the US would increase, resulting in a general upward shift in the US Treasury bond yield curve in the first half of the year.

He indicated that looking ahead to the second half of this year, global investment markets are facing multiple uncertainties. Asset prices related to the development of artificial intelligence have risen significantly, and some market participants have begun to wonder whether there will be a significant adjustment in these asset prices that could affect the overall market. Faced with a complex and volatile investment environment, the Hong Kong Monetary Authority (HKMA) will continue to adhere to the principle of "preserving capital first, and seeking long-term appreciation", and manage the Exchange Fund cautiously and flexibly to ensure that it can continue to effectively maintain Hong Kong's monetary and financial stability.