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220928 ||| eng |
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|a 9781513584331
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245 |
0 |
0 |
|a People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Investment Funds Sector Liquidity Stress Testing
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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300 |
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|a 29 pages
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651 |
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4 |
|a Hong Kong Special Administrative Region, People's Republic of China
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653 |
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|a Payment Systems
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653 |
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|a Economics
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653 |
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|a Liquidity risk
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653 |
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|a Finance
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653 |
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|a Industries: Financial Services
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653 |
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|a Banks and banking
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653 |
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|a Regimes
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653 |
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|a Financial sector policy and analysis
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653 |
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|a Money
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653 |
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|a International organization
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653 |
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|a Standards
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653 |
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|a International institutions
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653 |
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|a Financial risk management
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653 |
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|a Capital and Ownership Structure
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653 |
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|a Goodwill
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653 |
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|a Currencies
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653 |
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|a International Economics
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653 |
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|a Financial Risk and Risk Management
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653 |
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|a Mutual funds
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653 |
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|a Financing Policy
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653 |
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|a Investment Decisions
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653 |
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|a International Agreements and Observance
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653 |
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|a Government and the Monetary System
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653 |
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|a Institutional Investors
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653 |
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|a International Organizations
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653 |
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|a Pension Funds
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653 |
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|a Monetary economics
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653 |
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|a Financial institutions
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653 |
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|a Value of Firms
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653 |
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|a Financial Instruments
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653 |
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|a International agencies
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653 |
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|a Liquidity stress testing
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653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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653 |
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|a Asset and liability management
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653 |
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|a Liquidity
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653 |
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|a Non-bank Financial Institutions
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653 |
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|a Banks and Banking
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653 |
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|a Monetary Systems
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653 |
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|a Financial regulation and supervision
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653 |
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|a Monetary policy
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653 |
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|a Monetary Policy
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653 |
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|a Money and Monetary Policy
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653 |
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|a Finance: General
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653 |
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|a Financial services law & regulation
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653 |
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|a Portfolio Choice
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710 |
2 |
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|a International Monetary Fund
|b Monetary and Capital Markets Department
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781513584331.002
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2021/120/002.2021.issue-120-en.xml?cid=460755-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The Hong Kong Special Administrative Regime (HKSAR) is home to a fast-growing and highly international investment fund industry. The public investment fund industry authorized in HKSAR has grown rapidly from US$628 billion in 2008 to US$1.6 trillion in net asset value (NAV) in 2020. The locally domiciled sector grew from US$121 billion in early 2015 to almost US$155 billion in 2020. Open-end funds authorized for sale in HKSAR are substantially invested in foreign assets and significantly invested in by non-HKSAR residents and are therefore reactive to international liquidity and price conditions. Locally domiciled funds invest their portfolios in both local and overseas assets markets, while they are overwhelmingly funded by HKSAR investors
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