Hong Kong Exchange Fund Totals US$163.39 Billion
August 31, 2007 - Assets of the Hong Kong Exchange Fund totaled US$163.39 billion (HK$1,274.5 billion) on July 31, 2007. This is US$2.26 billion (HK$17.6 billion) higher than at the end of June 2007, according to the Hong Kong Monetary Authority. |
Financial Results for First Four Months of 2007-2008 Financial Year
August 31, 2007 - The Hong Kong Special Administrative Region Government had expenditure of US$9.5 billion (HK$74.1 billion) and revenue of US$10.12 billion (HK$78.9 billion) for the first four months of the 2007-2008 Financial Year, resulting in a surplus of US$615.38 million (HK$4.8 billion). |
Edmond Lau Appointed to Hong Kong Exchanges & Clearing Risk Management Committee
August 24, 2007 - The Financial Secretary of the Hong Kong Special Administrative Region Government has appointed Mr. Edmond Lau to succeed Mr. Eddie Yue as a member of the Risk Management Committee (RMC) of the Hong Kong Exchanges and Clearing Limited (HKEx). The appointment, which is made under the Securities and Futures Ordinance, will run from September 1, 2007 to June 30, 2009. |
Hong Kong’s Consumer Price Index Up 1.5% in July
August 21, 2007 - Hong Kong’s overall consumer price index grew 1.5% in July 2007 compared to a year earlier, according to the Consumer Price Index (CPI) figures released by the Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government (HKSARG). This is higher than the 1.3% increase in June. |
Government Welcomes Pilot Scheme for Mainland Individuals to Invest Directly in Hong Kong Securities
August 20, 2007 - Hong Kong Financial Secretary John Tsang and the Chief Executive of the Hong Kong Monetary Authority (HKMA), Joseph Yam, have welcomed the pilot scheme announced by the State Administration of Foreign Exchange (SAFE) for Mainland individuals to invest directly in securities in Hong Kong. |
Hong Kong’s Second Quarter GDP Up 6.9%
August 17, 2007 - Hong Kong’s economy expanded briskly in the second quarter of 2007, with GDP accelerating to a 6.9% growth in real terms compared to a year earlier, and up from a revised 5.7% in the first quarter. |
“The New Decade: Hong Kong Films” Film Series Kicks Off in New York
August 17, 2007 - The film series “The New Decade: Hong Kong Films”, featuring a mix of Hong Kong films from recent years, kicked off at the Brooklyn Academy of Music Rose Cinemas on Thursday (August 16) evening in New York. |
Hong Kong Children’s Symphony Orchestra celebrates HKSAR’s 10th Anniversary in San Francisco
August 16, 2007 - The Hong Kong Children’s Symphony Orchestra performs in San Francisco to celebrate the 10th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR). |
Hong Kong – Shenzhen Cooperation Forum Held in Hong Kong
August 13, 2007 - The Central Policy Unit (CPU) of the Government of the Hong Kong Special Administrative Region, the Shenzhen Special Economic Zone Research Association and the China Development Institute held the second Hong Kong-Shenzhen Co-operation Forum today at the Hong Kong Convention and Exhibition Centre. |
Hong Kong Passes Olympic Equestrian Test
August 13, 2007 - Hong Kong has passed the major test of its readiness to host next year’s Olympic equestrian events. Mr. Lam Woon-kwong, the CEO of the Equestrian Company, said the Good Luck Beijing - HKSAR 10th Anniversary Cup, served as the perfect build-up to the 2008 Olympics. |
IOC Gives Hong Kong Vote of Confidence
August 13, 2007 - International Olympic Committee President Jacques Rogge said Hong Kong is on course to stage an “absolutely fabulous” Olympic equestrian event next year. He made the comments while attending the cross-country phase of the Good Luck Beijing – HKSAR 10th Anniversary Cup, an Olympic test event at the Hong Kong Jockey Club’s Beas River venue. |
Good Luck Beijing – HKSAR 10th Anniversary Cup to be Held August 11-13
August 7, 2007 - International Olympic Committee President Jacques Rogge and HRH Princess Haya, the President of the Federation Equestre Internationale (FEI), will attend the Good Luck Beijing – HKSAR 10th Anniversary Cup this weekend. |
Hong Kong’s Foreign Currency Reserves at US$137.1 Billion
August 7, 2007 - Hong Kong’s foreign currency reserves stood at US$137.1 billion at the end of July, according to the Hong Kong Monetary Authority, higher than the US$136.3 billion recorded at end of June. |
New York dragon boat festival commemorates HKSAR 10th anniversary
August 4, 2007 - It was a day of fun and excitement at the Flushing Meadows Corona Park, New York when the 17th Annual Hong Kong Dragon Boat Festival kicked off on Saturday, August 4. The festival will spill over to Sunday, August 5, with more races held and awards presented. |
Number of Companies Increase for First Half Year
August 3 , 2007 - A total of 47,417 new local companies registered under the Companies Ordinance in Hong Kong in the first six months of 2007, up 19.12% compared with the corresponding period in 2006, according to statistics released by the Companies Registry today. |
Tenth Plenary of the Hong Kong/Guangdong Cooperation Joint Conference Held in Hong Kong Today
August 2 , 2007 - Hong Kong Chief Executive Mr. Donald Tsang and the Governor of Guangdong Province, Mr. Huang Huahua, leading the delegations of the Hong Kong Special Administrative Region (HKSAR) and Guangdong Province respectively, co-chaired the tenth Plenary of the Hong Kong/Guangdong Co-operation Joint Conference held in Hong Kong today. |
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