Hong Kong Exchange Fund Totals US$187.12 Billion
April 30, 2008 – Assets of the Hong Kong Exchange Fund totaled US$187.12 billion (HK$1,459.6 billion) on March 31 2008. This is US$307.69 million (HK$2.4 billion) lower than at end-February, according to the Hong Kong Monetary Authority. |
Annual General Meeting of the Treasury Markets Association
April 30, 2008 – The Treasury Markets Association (TMA) held its Annual General Meeting today. At the meeting, Chairman of the Executive Board and Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA) Mr Eddie Yue reported that the TMA achieved another fruitful year in 2007 in furthering its mission of promoting the professionalism and competitiveness of the treasury markets in Hong Kong. |
Re-visit of Olympic Flame to Hong Kong
April 30, 2008 – The Olympic flame today arrived in its first stop on Chinese soil, Hong Kong, for the Torch Relay in the territory to be conducted on May 2 (Friday). This is the second time for the Olympic flame to be relayed in Hong Kong since the Tokyo Olympic Games in 1964. |
Provisional Financial Results for the Year Ended March 31, 2008
April 30, 2008 – The Hong Kong Special Administrative Region Government announced today its provisional financial results for the year ended March 31, 2008. |
Celebration of the 100-day Countdown to the Beijing 2008 Olympic Games
April 30, 2008 – The Sports Federation & Olympic Committee of Hong Kong, China (SF&OC), 2008 Beijing Olympic Equestrian Events Hong Kong Fund and the Home Affairs Bureau of the Hong Kong Special Administrative Region Government jointly held the “Celebration of the 100-day Countdown to the Beijing 2008 Olympic Games” at Hong Kong Coliseum today to mark the 100 days to the opening of the Olympic Games. |
Chief Executive Approves Chairmanship of Hong Kong Exchanges and Clearing
April 30, 2008 – The Chief Executive of the Hong Kong Special Administrative Region has approved Mr. Ronald Arculli's re-appointment as Chairman of the Hong Kong Exchanges and Clearing Limited (HKEx) with immediate effect. |
Hong Kong Continues Participation in U.S. Secure Freight Initiative
April 29, 2008 – Hong Kong has decided to extend its participation in a Secure Freight Initiative (SFI) pilot until April 30, 2009. |
Hong Kong Movies Featured in the 51st San Francisco International Film Festival
April 28, 2008 – The Hong Kong Economic and Trade Office in San Francisco continues to promote Hong Kong movies at the San Francisco International Film Festival. |
New York ETO Promotes Equestrian Events in Kentucky
April 24, 2008 - Hong Kong, with its long history of equine excellence, is ready to host the 2008 Olympic and Paralympic Equestrian Events this summer.
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Bonhams Holds Its Inaugural Hong Kong Fine & Rare Wines Auction
April 24, 2008 - Following the company’s recent expansion in Hong Kong, Bonhams today held its inaugural Hong Kong fine & rare wines auction in Crown Wine Cellars. The wine auction is the first one to be held in Hong Kong in 10 years and also the first one to be held since the announcement of the exemption of wine from duty by the Financial Secretary, Mr. John C. Tsang in the Budget Speech announced in February. |
Market-Driven Approach Fosters Competitive Telecom Industry
April 24, 2008 - Hong Kong’s market-driven approach had fostered an innovative and competitive telecommunications industry, comprising local, Mainland China and overseas operators making investment in facilities and developing new services and products to satisfy a community that was ever receptive to the rollout of new and advanced technology. |
Legislative Amendments on Wine Duty Reduction
April 23, 2008 - The Hong Kong Special Administrative Region Government will publish in the Gazette on April 25 the legislative amendments that are required for giving effect to the Budget proposals on the reduction of wine duty to zero. |
Green Light for Local Section of Express Rail Link
April 22, 2008 - The Executive Council has agreed that the Mass Transit Railway Corporation Limited (MTRCL) be asked to proceed with further planning and design of the Hong Kong section of the Guangzhou–Shenzhen–Hong Kong Express Rail Link (XRL). |
Hong Kong Consumer Price Index Up 4.2% in March
April 22, 2008 - Hong Kong’s overall consumer prices rose 4.2% in March 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) today. |
Hong Kong Monetary Authority Publishes 2007 Annual Report
April 18, 2008 - The Hong Kong Monetary Authority (HKMA) today published its Annual Report for 2007. The Report reviews trends and events in monetary and banking affairs and reports on the HKMA's work during the year. It also sets out plans for the coming year. |
Hong Kong’s Unemployment Rate Rose to 3.4%
April 17, 2008 - Hong Kong’s seasonally adjusted unemployment rate rose to a provisional 3.4% in January - March 2008 from 3.3% in the previous three-month period, according to the latest labor force statistics released by the Census and Statistics Department of the Hong Kong Special Administrative Region Government. |
Hong Kong Mortgage Corporation Sees Record Profit in 2007
April 10, 2008 - The Hong Kong Mortgage Corporation (HKMC) and its subsidiaries (the HKMC Group) made a record profit-after-tax of US$94.96 million (HK$740.7 million) in 2007, up 8.5% on 2006. |
Hong Kong’s Foreign Currency Reserves at US$160.7 Billion
April 8 , 2008 - Hong Kong’s foreign currency reserves stood at US$160.7 billion at the end of March 2008, according to the Hong Kong Monetary Authority, up from US$160.2 billion at end-February 2008. |
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