HKMA - Annual Report 2008
The HKMA's chief executive, Joseph Yam, said: "Any loss is a matter of regret, but the conservative investment approach of the fund helped to ensure that losses were kept to a relatively modest level." In 2007 the fund recorded a surplus of HK$ 109 billion.
Other developments in 2008 included the publication of the review of the HKMA's
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