How HKMA plans to enhance Exchange Fund liquidity
The de facto central bank plans to increase the liquidity level in its portfolio. Experts say this could mean cutting its alternative asset exposure while raising its allocation to bonds.
The Hong Kong Monetary Authority (HKMA) may reduce its exposure to alternative investments and invest more in overseas bonds to increase the level of liquidity in its portfolio amid the coronavirus pandemic.
Eddie Yue, HKMA
The de facto central bank said it plans to increase the liquidity of its portfolio in its latest reply to AsianInvestor. In July, chief executive Eddie Yue said that the bank would preserve the liquidity of its investment portfolio, as “the global econo…
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