Group 1 - The total deposits of recognized institutions in Hong Kong increased by 0.7% month-on-month in November 2025, with Hong Kong dollar deposits rising by 0.2% and foreign currency deposits increasing by 1.1% [1][3] - From the beginning of the year until the end of November, total deposits and Hong Kong dollar deposits rose by 10.5% and 3.4% respectively [1] - The total amount of Renminbi deposits in Hong Kong reached 1,002 billion Renminbi in November, reflecting a month-on-month increase of 0.6% [1] Group 2 - As of November 30, 2025, the total assets of the Hong Kong Monetary Authority's foreign exchange fund amounted to 4,106.9 billion Hong Kong dollars, a decrease of 10.7 billion Hong Kong dollars from the previous month [3] - The decline in foreign currency assets was primarily due to a reduction in the month-end balance of securities purchased but not settled, although this was partially offset by funds from the issuance of digital green bonds and Renminbi bonds, as well as interest income from investments [3] - The decrease in Hong Kong dollar assets was mainly attributed to the revaluation of Hong Kong stocks [3]

Core Viewpoint - The Hong Kong Monetary Authority reported a decrease in total assets of the foreign exchange fund as of November 30, 2025, primarily due to a reduction in foreign currency assets and a slight decline in Hong Kong dollar assets [1] Group 1: Foreign Exchange Fund Assets - As of November 30, 2025, the total assets of the Hong Kong foreign exchange fund amounted to HKD 4,106.9 billion, a decrease of HKD 10.7 billion from the end of October 2025 [1] - The reduction in foreign currency assets was mainly attributed to a decrease in the month-end balance of securities purchased but not settled, partially offset by funds from the issuance of digital green bonds, RMB bonds from government agencies, interest income from investments, and revaluation of investments at market prices [1] - The decline in Hong Kong dollar assets was primarily due to the revaluation of Hong Kong stocks at market prices [1] Group 2: Monetary Base and Support Assets - The monetary base at the end of November 2025 was HKD 2,032.2 billion, an increase of HKD 5.5 billion, representing a growth rate of 0.3% compared to the end of October 2025 [1] - The increase in the monetary base was mainly due to the rise in the market value of outstanding foreign exchange fund notes and bonds, as well as an increase in the total amount of liability certificates [1] - The total amount of supporting assets rose by HKD 14.2 billion to HKD 224.13 billion, with a growth rate of 0.6%, driven by interest income from investments and revaluation of investments at market prices [1] - The support ratio increased from 109.89% at the end of October 2025 to 110.29% at the end of November 2025 [1]