May. 22, 2012 (China Knowledge) - Hong Kong
's Exchange Fund booked an investment income of HK$43.8 billion in the first quarter of this year, due to rebounds in the local and overseas stock markets, according to the Hong Kong Monetary Authority.
The investment income was higher than the HK$22.1 billion recorded in the four quarter and the HK$24.8 billion in Q1 of 2011.
In the first three months, the fund booked an investment income of HK$13.6 billion from its Hong Kong equities portfolio, and registered an income of HK$28.2 billion on other equities.
The fund suffered a loss of HK$2.9 billion from bond investment, although it booked forex trading gain of HK$4.1 billion in the quarter.
As of the end of Q1, the fund's total assets had reached HK$2.54 trillion.