The Hong Kong Monetary Authority (HKMA) reported that as of August 31, 2024, the Exchange Fund’s total assets reached HK$3,981.5 billion, a rise of HK$10.6 billion from July. This increase was driven by a HK$10.3 billion gain in foreign currency assets due to investment revaluations and interest income, while Hong Kong dollar assets rose by HK$0.3 billion. Additionally, the Monetary Base grew by HK$11.7 billion to HK$1,934.9 billion, influenced by increased Certificates of Indebtedness. Backing Assets also rose by HK$17.6 billion, leading to a higher Backing Ratio of 112.31%.
Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/09/20240930-5/
