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News Release

Hong Kong Exchange Fund Totals US$261.32 Billion
November 30, 2009 - Total assets of the Hong Kong Exchange Fund amounted to HK$2,038.3 billion (US$261.32 billion) on October 31, 2009. This is HK$80 billion (US$10.25 billion) higher than at the end of September 2009, according to the Hong Kong Monetary Authority (HKMA).
Financial Results for the Seven Months Ended October 31
November 30, 2009 - The Hong Kong Special Administrative Region Government announced today its financial results for the seven months ended October 31, 2009.
Hong Kong Chief Executive Visits Creative Cluster in Central
November 25, 2009 - Hong Kong Chief Executive, Mr. Donald Tsang, today visited the former Police Married Quarters on Hollywood Road in Central and the art galleries in the vicinity to see the development of the area as a base for art and creative industries.
HK Secretary for Commerce and Economic Development Meets Bruce Lee’s Daughter on Restoration of Residence
November 25, 2009 - Hong Kong Secretary for Commerce and Economic Development, Mrs. Rita Lau, met Ms. Shannon Lee, daughter of the late Mr. Bruce Lee, today to exchange views on the planned restoration of Bruce Lee’s Residence in Kowloon Tong and on opportunities for co-operation in the project.
Hong Kong Committed to Enhancing Supply Chain Connectivity
November 19, 2009 - The Hong Kong Government is committed to enhancing the city’s position as the preferred regional logistics hub – improving critical infrastructure to enhance connectivity all along the supply chain and facilitating business operation, said Hong Kong Commissioner for Economic and Trade Affairs, USA, Mr. Donald Tong.
Hong Kong Government Publishes 2012 Elections Consultation Paper
November 18, 2009 - The Hong Kong Special Administrative Region government today published a consultation paper on the methods for selecting the Chief Executive and for forming the Legislative Council in 2012 with the aim of taking forward the pace of democratic development.
Hong Kong Government Proposes Further Measures to Strengthen Copyright Protection in Digital Environment
November 17, 2009 - The Hong Kong Special Administrative Region Government today released a package of refined proposals for more effective copyright protection in the digital environment.
Hong Kong Unemployment Rate Fell to 5.2%
November 17, 2009 - Hong Kong’s seasonally adjusted unemployment rate decreased from 5.3% in July - September 2009 to a provisional 5.2% in August - October 2009, according to the latest labor force statistics released by the Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government.
Hong Kong Best Placed as Gateway to Asia
November 16, 2009 - Hong Kong’s sound fundamentals, including its free flow of information and capital, its free economy buttressed by the rule of law, a strong banking system and high quality professional services, has helped the city weather through the global financial storm, said Director of Hong Kong Economic and Trade Office, New York, Miss Monica Chen.
Hong Kong Chief Executive Urges Economies to Map Out Exit Strategy
November 16, 2009 - Hong Kong Chief Executive, Mr. Donald Tsang, urged economies to work together to map out exit strategy and to co-ordinate action to prevent future crisis at the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Singapore on November 15.
Shenzhen and Hong Kong Give Staunch Support to R&D Cooperation
November 16, 2009 - Hong Kong Commissioner for Innovation and Technology, Miss Janet Wong, said today that the conclusion of the three year action plan under the “Shenzhen/Hong Kong Innovation Circle” in March this year clearly demonstrated the staunch support given to the co-operation arrangement by the research and development sectors in both places.
Hong Kong Chief Executive Urges Reform of Global Financial Architecture to Remain Top Priority
November 13, 2009 - Hong Kong Chief Executive, Mr. Donald Tsang, said today that reform of the global financial architecture should remain a top priority on the action agenda of the international community in the wake of the global financial turmoil.
Economic Improvement Continues in Third Quarter
November 13, 2009 - Hong Kong’s economy improved further in the third quarter with real GDP growing 0.4% over the second quarter. The year-on-year decline in GDP in real terms narrowed to 2.4% in the third quarter from 3.6% in the second quarter, according to the Third Quarter Economic Report 2009, released by the Hong Kong Special Administrative Region Government today.
Three-Pronged Strategy to Tackle Financial Crisis
November 12, 2009 - Hong Kong had introduced a basket of targeted stimulus measures to tackle the financial crisis, Hong Kong Financial Secretary, Mr. John C Tsang, said today at the Asia-Pacific Economic Co-operation (APEC) Finance Ministers’ Meeting.
Moody's decision to upgrade Hong Kong's rating outlook welcomed
November 9, 2009 - The Hong Kong Government today (November 9) welcomed Moody's decision to upgrade Hong Kong's long-term foreign-currency and local-currency rating outlook to "Positive" from "Stable", with ratings at "Aa2".
Hong Kong's Latest Foreign Currency Reserve Assets at US$240.1 billion
November 9, 2009 - The Hong Kong Monetary Authority (HKMA) announced today (November 9) that the official foreign currency reserve assets of Hong Kong amounted to US$240.1 billion at the end of October 2009 (end-September 2009: US$226.9 billion).
IMF upgrades Hong Kong's growth forecasts amid signs of recovery
November 3, 2009 - An International Monetary Fund (IMF) Staff Mission to Hong Kong has welcomed the proactive and concerted policy efforts by the Government to tackle the global financial crisis.
 
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