Author: manuela19a

LCQ6: Setting up “wealth fund” ****************************************      Following is a question by the Hon Mrs Regina Ip (Hon Shiu Ka-fai to ask on her behalf) and a reply by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, in the Legislative Council today (July 6): Question:      Currently, the Future Fund (FF) is placed with the Exchange Fund (EF). In accordance with the Exchange Fund Ordinance, the statutory purposes for which the EF is established are to use the fund for such purposes as the Financial Secretary thinks fit affecting, either directly or ... Read more