Hong Kong’s Exchange Fund Posts Record Gain of $42 Billion

Eddie YuePhotographer: Lam Yik/Bloomberg

Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion ($42.4 billion) in 2025, helped by rising global markets.

The fund delivered an investment gain of 8%, according to the Hong Kong Monetary Authority. Hong Kong stock holdings and overseas equities posted a HK$108 billion increase. It earned HK$142 billion from bonds, HK$38 billion from foreign exchange and HK$42.4 billion on other investments.