Chan Mo-po: Hong Kong has no plans to withdraw from the Exchange Fund again within five years.

Techub News, according to the South China Morning Post, Hong Kong Financial Secretary Paul Chan Mo-po stated that Hong Kong has no plans to withdraw funds from the Exchange Fund again within the next five years. He had previously disclosed that Hong Kong would transfer 150 billion Hong Kong dollars (19 billion US dollars) from the Exchange Fund, raising concerns about Hong Kong's financial stability. Chan Mo-po indicated that there will be no such moves in the medium-term forecasts, nor is there an intention to make withdrawals "a regular practice."