The Hong Kong Monetary Authority (HKMA) announced that the Exchange Fund posted an investment income of HKD67.2 billion in 1Q25, compared to HKD62.3 billion in 1Q24, marking a turnaround from a quarterly loss. This included HKD40.6 billion income from bond investments, HKD16.4 billion income from Hong Kong stocks, a HKD2.8 billion loss from other equities, and HKD13 billion income from foreign exchange investments.