Hong Kong's foreign exchange reserves have once again reached a strong level, with the Hong Kong Monetary Authority subsequently selling $7.812 billion.

07:03 06/05/2025

The Hong Kong dollar reached 7.75 against the US dollar again on Tuesday morning, hitting a strong exchange rate guarantee level.

Recently, the Hong Kong dollar has maintained its strength, with the exchange rate against the US dollar rising again to 7.75 on Tuesday morning, reaching a strong level of exchange guarantee. According to data from the Hong Kong Monetary Authority, after the US stock market closed, there was another $7.812 billion in selling orders, injecting $60.543 billion Hong Kong dollars into the market. Since last Friday, after the US stock market closed, the Hong Kong Monetary Authority has started accepting US dollar selling orders, injecting $46.539 billion Hong Kong dollars into the market. Together with the $9.532 billion Hong Kong dollars injected during yesterday's Asian trading session, a total of $116.614 billion has been injected for the third time. By Wednesday (May 7th), the total surplus in the Hong Kong banking system is expected to increase to $161.384 billion Hong Kong dollars.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.