见证历史！刚刚公布，超3310亿

Group 1 - The core point of the article is that the Hong Kong Monetary Authority (HKMA) reported a record investment income of HKD 331 billion for the foreign exchange fund in 2025, marking a historical high [1][2] - The foreign exchange fund's investment return rate reached 8%, with significant contributions from bond investments (HKD 142.2 billion), Hong Kong stock investments (HKD 33.9 billion), and other stock investments (HKD 74.1 billion) [2] - The total assets of the foreign exchange fund increased by HKD 70.4 billion, rising from HKD 4,081 billion at the end of 2024 to HKD 4,151.4 billion at the end of 2025 [2] Group 2 - HKMA's President, Eddie Yue, noted that global financial markets experienced significant volatility in the first half of 2025 due to trade tensions and geopolitical issues, but improved in the second half with the development of artificial intelligence and interest rate cuts by major central banks [6][7] - The overall performance of global financial markets was resilient, with major stock markets generally rising and the Hang Seng Index increasing by 28% throughout the year [6] - The foreign exchange fund achieved positive returns across all major components, a rare occurrence that has only happened in 2017 and 2020 [7] Group 3 - Looking ahead, Eddie Yue indicated that the favorable conditions seen in 2025 may not persist, as various factors such as global economic conditions, central bank policies, and geopolitical conflicts could impact financial market performance in 2026 [7] - The HKMA will continue to manage the foreign exchange fund with a principle of "capital preservation first, long-term value enhancement," focusing on defensive asset allocation and maintaining high liquidity [7]