HKMA: July Hong Kong-dollar M2 and M3 each rose 1.0% MoM and were up 5.6% and
5.5% YoY, respectively. Seasonally adjusted Hong Kong-dollar M1 fell 0.5% MoM
and was down 0.6% YoY, partly reflecting investment-related activity. Total
monetary aggregates (all currencies) M2 and M3 rose 1.1% MoM in July and were
both up 10.2% YoY.