Exchange Fund Amounts to US$315.02 Billion
November 30, 2011 - The Hong Kong Monetary Authority (HKMA) announced today that the total assets of the Exchange Fund amounted to HK$2,457.2 billion (US$315.02 billion) as at October 31, 2011.
Financial Results for the Seven Months Ended October 31, 2011
November 30, 2011 - The Hong Kong Special Administrative Region Government announced today its financial results for the seven months ended October 31, 2011.
People's Bank of China and Hong Kong Monetary Authority Renew Currency Swap Agreement
November 22, 2011 - The People's Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) signed a renewed currency swap agreement today (November 22) for a term of another three years, with its size expanded to RMB400 billion / HK$490 billion / US$62.8 billion. This new agreement superseded the RMB200 billion / HK$227 billion / US$29.1 billion currency swap agreement signed on January 20, 2009.
Hong Kong’s Unemployment Rate Rises to 3.3%
November 17, 2011 - According to the latest labor force statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, the seasonally adjusted unemployment rate increased from 3.2% in July - September 2011 to a provisional 3.3% in August - October 2011.
Agreement on Intellectual Property Cooperation Between Mainland and Hong Kong Signed
November 16, 2011 - The State Intellectual Property Office (SIPO) and the Intellectual Property Department of the Hong Kong Special Administrative Region Government (IPD) signed their first agreement in Hong Kong today to strengthen co-operation in the area of intellectual property.
IMF Strongly Endorses Hong Kong’s Linked Exchange Rate System and Effective Policy Framework
November 16, 2011 - An International Monetary Fund (IMF) Staff Mission to Hong Kong has given a strong endorsement of the Linked Exchange Rate system and the Hong Kong Special Administrative Region Government’s policy framework to support growth and safeguard financial stability.
Hong Kong Chief Executive Addresses APEC Summit on Financial Stability
November 14, 2011 - Hong Kong Chief Executive, Mr. Donald Tsang, outlined the measures Hong Kong had taken to maintain financial and economic stability when addressing the plenary session of the Asia-Pacific Economic Co-operation (APEC) 2011 CEO Summit in Honolulu on November 11.
Third Quarter GDP Up 4.3%
November 11, 2011 - The Hong Kong Special Administrative Region Government released today the Third Quarter Economic Report 2011, together with the preliminary figures on Gross Domestic Product (GDP) for the third quarter of 2011.
Hong Kong Chief Executive Visits Washington, D.C.
November 10, 2011 - The Chief Executive, Donald Tsang, today concluded his visit to Washington, D.C.
Hong Kong Chief Executive continues US visit
November 9, 2011 - Chief Executive, Mr Donald Tsang, continued the second day of his visit to the US on November 8 (New York time).
Hong Kong Chief Executive starts visit to US
November 8, 2011 - Hong Kong’s Chief Executive, Mr Donald Tsang, started his visit to the United States on November 7 (New York time), ahead of the Asia-Pacific Economic Co-operation (APEC) Economic Leaders’ Meeting to be held in Honolulu later this month.
Hong Kong’s Foreign Currency Reserves at US$281.7 Billion
November 7, 2011 - The Hong Kong Monetary Authority (HKMA) announced today (November 7) that the official foreign currency reserve assets of Hong Kong amounted to US$281.7 billion as at the end of October 2011, compared with US$277.6 billion at end-September 2011.
Financial Secretary Welcomes G20 Communiqué
November 4, 2011 - The Financial Secretary, John C. Tsang, welcomed the communiqué of the G20 Leaders Summit that contains a basket of measures to boost economic growth, address global imbalances and ensure world financial stability.