A · Important
[Hong Kong Monetary Authority: Total money supply M2 increased by 10.2% year-on-year in July] On August 31, the Hong Kong Monetary Authority issued a document stating that Hong Kong dollar money supply M2 and M3 both increased by 1.0% in July, up 5.6% and 5.5% respectively compared with the same period last year. The seasonally adjusted Hong Kong dollar money supply M1 fell by 0.5% in July and fell by 0.6% compared with the same period last year, partly reflecting investment-related activities. The total money supply, M2 and M3, both increased by 1.1% in July. Compared with the same period last year, M2 and M3 both increased by 10.2%.
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