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Hong Kong Finance Chief Defends Use of Exchange Fund for Northern Metropolis Project
Hong Kong's finance chief has defended the government's plan to utilize the Exchange Fund, which ensures currency stability, to finance the Northern Metropolis technology hub project, framing the move as an 'investment'.
27 Feb, 04:46 — 27 Feb, 06:32
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Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Geographic diversity— 2 regions9/34
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bloombergHigh165d ago
Hong Kong’s Shock Move to Tap Dollar Defense Fund Fuels Concern - Bloomberg.com
Hong Kong’s Shock Move to Tap Dollar Defense Fund Fuels Concern Bloomberg.com
Read full article →hk-free-pressMostly Factual165d ago
Hong Kong finance chief defends plan to tap into Exchange Fund for Northern Metropolis project as ‘investment’
Hong Kong’s finance chief has defended the government’s plan to dip into a fund that ensures the stability of its currency peg to help finance a technology hub by the city’s border with mainland China, calling the move an “investment” rather than expenditure. Speaking on a radio show on Thursday, the day after presenting the […]
By James Lee
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First report: bloomberg · 27 Feb, 04:46|Full coverage: 2 · 2h|Window: 2h
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