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Financial and Monetary Affairs
At the end of 2017, the fund had total assets of $4,015.3 billion and an accumulated surplus of $713.1 billion14.
Another function related to the fund is currency issuance. Bank notes in denominations of $20, $50, $100, $500 and $1,000 are issued by the three note-issuing banks: Bank of China (Hong Kong) Limited, the Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank (Hong Kong) Limited. The note-issuing banks may issue currency notes only by surrendering non-interest-bearing USD backing at a fixed exchange rate of HK$7.80 to US$1.
Through the HKMA, the government issues $10 currency notes and coins in denominations of $10, $5, $2, $1, 50 cents, 20 cents and 10 cents. The value of all notes and coins in circulation at the end of 2017 was $468 billion.
Websites
Companies Registry: www.cr.gov.hk
Companies Registry e-Registry: www.eregistry.gov.hk Company Search Mobile Service: www.mobile-cr.gov.hk Financial Dispute Resolution Centre: www.fdrc.org.hk Financial Reporting Council: www.frc.org.hk
Financial Services and the Treasury Bureau: www.fstb.gov.hk Financial Services Development Council: www.fsdc.org.hk Hong Kong Exchanges and Clearing Limited: www.hkex.com.hk Hong Kong Monetary Authority: www.hkma.gov.hk
Hong Kong Strategy for Financial Literacy: www.hksfl.hk
Insurance Authority: www.ia.org.hk
Investor Education Centre: www.hkiec.hk
Mandatory Provident Fund Schemes Authority: www.mpfa.org.hk Official Receiver's Office: www.oro.gov.hk
Securities and Futures Commission: www.sfc.hk
The Chin Family: www.thechinfamily.hk
14
Foreign currency asset figures have been published monthly since January 1997 to demonstrate the government's continued commitment to greater openness and transparency. In addition, an abridged balance sheet of the Exchange Fund and a set of Currency Board accounts are published monthly.
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