{
  "id": 18454294,
  "title": "Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence",
  "url": "https://urgent.news/2026/11/06/hong-kongs-exchange-fund-earnings-tumble-74-as-hkma-warns-of-more-18454294",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T05:35:25.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3373507/hong-kongs-exchange-fund-earnings-tumble-74-hkma-warns-more-market-turbulence"
  },
  "original_language": "en",
  "account": null,
  "summary": "Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty, the Hong Kong Monetary Authority (HKMA) said on Friday. Earnings totalled HK$18.6 billion (US$2.4 billion) in the quarter, plunging from HK$70.8 billion a year earlier. For the first nine months of 2026, total earnings slid 39.6 per…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/11/06/world-in-brief-tech-stocks-lose-2-5tn-paraguay-president-resigns-dr",
        "published": "2026-11-06T03:43:56.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Singapore leads Hong Kong in private markets allocation, but fewer investors are raising exposure",
        "url": "https://urgent.news/2026/11/06/singapore-leads-hong-kong-in-private-markets-allocation-but-fewer",
        "published": "2026-11-06T05:54:38.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "China, Hong Kong stocks tumble as global tech selloff deepens",
        "url": "https://urgent.news/2026/11/06/china-hong-kong-stocks-tumble-as-global-tech-selloff-deepens",
        "published": "2026-11-06T06:04:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}