The Hong Kong Monetary Authority (HKMA) announced today (Thursday) that the official foreign currency reserve assets of Hong Kong amounted to US$440.6 billion as at the end of October 2019 (end-September 2019: US$438.7 billion) (Annex).
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of October 2019 amounted to US$433.4 billion (end- September 2019: US$431.5 billion).
The total foreign currency reserve assets of US$440.6 billion represent about seven times the currency in circulation or 46% of Hong Kong dollar M3.
Read More: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2019/11/20191107-4/