The HKMA on July 28 published unaudited Exchange Fund accounts as of June 30,
2026. The Exchange Fund recorded HK$134.7bn of investment income in 1H 2026,
comprised of bond investment income HK$49.1bn; Hong Kong equity investment loss
HK$11.8bn; other equity investment income HK$53.7bn; foreign-currency
valuation gains on non-HKD assets HK$34.3bn; and other investment income
HK$9.4bn.