Hong Kong Exchanges open to international alliances

Hong Kong Exchanges  is open to international alliances as a wave of consolidation in the sector threw the spotlight on Asian bourses.

However, the world's most biggest exchange operator by market value said in a statement that it had not identified any opportunities.


Hong Kong's official foreign currency reserve assets amounted to US$273.2 billion at the end of January, up US$4.5 billion on the end of December, the Monetary Authority announced today.


Including unsettled forward contracts, the foreign currency reserve assets at the end of January stood at US$273.2 billion.


Hong Kong is the world’s ninth largest holder of foreign currency reserves based on the latest published figures, after the Mainland, Japan, Russia, Saudi Arabia, Taiwan, India, Brazil and Korea.


The figure represents more than eight times the currency in circulation, or 55% of Hong Kong dollar M3.