Hong Kong Exchange reveals largest quarterly loss in history by value as stock prices plummet
The Hong Kong Exchange Fund has reported its biggest quarterly loss in its history by value, due to stock prices falling amid an economic slowdown; its investment loss is $8.2bn for 3Q2015.  The Hong Kong stock benchmark plunged nearly 21% for 3Q2015, and together with the Shanghai Composite Index and Hang Seng China Enterprise Index, it was among the five worst-performing major stock gauges tracked by Bloomberg worldwide for the third quarter in local-currency terms.  Across the world, government institutions are suffering losses as they grapple with a China economic rout and expectations of rising interest rates in the US.

Surprise record deficit in third quarter comes after crash in stock markets