Yu Weiwen, President of the Hong Kong HKMA, said that as the economic growth of the United States slows down, inflation is higher than expected. In addition, the Federal Reserve has uncertain time at the time of interest rate reduction, and the geopolitical situation continues to be tight.The interest rate may still be at a high level in the future.
Comprehensive Sing Tao Daily Hong Kong Business Daily reported that Yu Weiten made the above statements at the meeting of the Legislative Council's Financial Affairs Committee on Monday (May 6), and reminded the public to make a decision to make a home, mortgage or other borrowing decisionsAt the time, you should carefully consider and manage the risk of interest rates.
The Hong Kong Financial Management Bureau also announced on the same day that the foreign exchange fund recorded investment income of 54.3 billion yuan (Hong Kong dollars, the same below, the same, S $ 9.3 billion) in the first quarter of this year, of which the beneficiary yields have increased, and the debt is worth selling debts.The impact of the price decline, the debt part recorded a total of 25.1 billion yuan in income.
In addition, due to the decline in Hong Kong stocks, the stock part of Hong Kong stocks lost 2.3 billion yuan in the first quarter of this year, and the other stocks recorded 36.3 billion yuan in income.Under the strengthening of the US dollar, the deduction of the exchange rate hedging part and the change of valuations generated by the Hong Kong dollar, a total of 4.8 billion yuan in foreign exchange parts.
Yu Weiwen said that the overall performance of the foreign exchange fund in the first quarter, but the investment prospects are not optimistic. It is necessary to pay attention to factors such as the performance of inflation, interest rate reduction, and the situation in the Middle East.
Li Dazhi, vice president of the Financial Management Bureau, said that the yields of bonds in different major economies in the first quarter have risen, coupled with the high levels of debt interest in recent years, a large interest income, and the impact of the decline in debt prices.Essence
Li Dazhi pointed out that in the first season, European and American stocks have performed well, but since April, the S & P 500 index has begun to turn around.On the contrary, Hong Kong stocks have begun to perform well. The second quarter has risen more than 10%, and it has emphasized that the financial market has changed thousands of. It cannot be compiled by the second quarter performance of the first quarter of investment income because of the repeated performance of the market.
