Hong Kong's official foreign exchange reserves have been USD 303.9 billion at the end of August, adding USD 4 billion over USD 299.9 billion at the end of July, according to HKMA.
It is more than seven times of Hong Kong's currencies in circulation and 52% of M3.
Source:
http://www.sinocast.com/readbeatarticle.do?id=99175
