Hong Kong Monetary Authority enters the market for the second time on the same day, further buying 12.756 billion Hong Kong dollars.

The Hong Kong dollar exchange rate is weak, triggering the weak side exchange guarantee of 7.85 against the US dollar again during the day. The Hong Kong Monetary Authority entered the market for the second time on Thursday during the New York trading session, buying 12.756 billion Hong Kong dollars and selling US dollars to defend the linked exchange rate. Together with the 16.878 billion Hong Kong dollars bought earlier, the Hong Kong Monetary Authority has absorbed a total of 29.634 billion Hong Kong dollars in selling orders during the day, leaving the total balance of the Hong Kong banking system to decrease to 114.541 billion Hong Kong dollars by next Monday.