Hong Kong does not plan to make another transfer from its Exchange Fund in the next five years, the finance chief has said, citing a new medium-range forecast that explains why the rare move will not be repeated. Financial Secretary Paul Chan Mo-po elaborated on his plan on Saturday, after his budget announcement that he would withdraw HK$150 billion (US$19.2 billion) from the government’s main investment arm and de facto sovereign wealth fund sparked concerns about the city’s financial...