HKMA

‘It may reflect a decrease in foreign currencies, especially U.S. dollars, in the balance of the banking system, so we see such arrangements by banks.’

Funds worth HKD $71.5 billion (US $9.2 billion) flowed into Hong Kong in April, said Hong Kong Monetary Authority (HKMA) chief Norman Chan Tak-Lam in a Legislative Council meeting on May 4.