Hong Kong Economic and Trade Office, USA
Hong Kong
     
     
  News Release  
     
     

Financial results for the 10 months ended January 31, 2017
February 28, 2017 - The Hong Kong Special Administrative Region Government announced today its financial results for the 10 months ended January 31, 2017.

Hong Kong Exchange Fund at US$484.1 Billion
February 28, 2017 - The Hong Kong Monetary Authority announced today that the total assets of the Exchange Fund amounted to HK$3,776.2 billion (US$484.1 billion) as at January 31, 2017. This is HK$146.2 billion (US$18.7 billion) higher than that at the end of December 2016.

22nd Working Meeting of Hong Kong/Guangdong Co-operation Joint Conference held in Guangzhou
February 23, 2017 - Hong Kong’s Chief Secretary for Administration, Mr Matthew Cheung Kin-chung, and the Vice-Governor of Guangdong Province, Mr He Zhongyou, co-chaired the 22nd Working Meeting of the Hong Kong/Guangdong Co-operation Joint Conference in Guangzhou this afternoon. Relevant officials of the Hong Kong Special Administrative Region (HKSAR) Government and the Guangdong Provincial Government attended the meeting.

Invest Hong Kong assists record number of overseas and Mainland companies to set up or expand in Hong Kong
February 23, 2017 - Invest Hong Kong (InvestHK) today announced that the department had assisted 391 overseas and Mainland companies to set up or expand in Hong Kong in 2016. This number represents an all-time high and a year-on-year increase of 4.3 per cent.

Hong Kong welcomes entry into force of WTO Trade Facilitation Agreement
February 23, 2017 - The Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) entered into force on February 22, upon acceptance by two thirds of the WTO Members.

Financial Secretary Unveils 2017-18 Budget
February 22, 2017 - In delivering his 2017-18 budget, Hong Kong’s Financial Secretary Paul Chan warned that risk factors in the external environment may threaten export trade in Asia. He stressed that sustaining domestic demand was crucial to maintaining the stable development of the city’s economy and underpinning the employment market.

Consumer Price Indices for January 2017
February 21, 2017 - The Census and Statistics Department of the Hong Kong Special Administrative Region Government released today the Consumer Price Index (CPI) figures for January 2017.

Unemployment rate remains at 3.3%
February 20, 2017 - According to the latest labor force statistics (i.e. provisional figures for November 2016 - January 2017) released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, the seasonally adjusted unemployment rate stood at 3.3% in November 2016 - January 2017, same as that in October - December 2016. The underemployment rate decreased from 1.4% in October - December 2016 to 1.3% in November 2016 - January 2017.

Vivienne Tam's Fall/Winter 2017 Collection in New York rooted in Hong Kong
February 15, 2017 - Vivienne Tam's Fall/Winter 2017 Collection, inspired by the electrifying energy of Hong Kong, was launched in New York Fashion Week today (February 15, New York time). The Hong Kong Economic and Trade Office, New York (HKETONY) is delighted to work with the international fashion designer as Hong Kong celebrates the 20th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR).

Hong Kong Ranked World’s Freest Economy for 23rd Consecutive Year
February 15, 2017 - Hong Kong ranks as the world’s freest economy in The Heritage Foundation’s 2017 Index of Economic Freedom.

Hong Kong’s Foreign Currency Reserves at US$391.5 billion
February 7, 2017 - The Hong Kong Monetary Authority announced today that the official foreign currency reserve assets of Hong Kong amounted to US$391.5 billion as at the end of January 2017, compared with US$386.2 billion at end-December 2016.

Hong Kong Commissioner expresses hope for stronger trade relations
February 2, 2017 - The Hong Kong Commissioner for Economic and Trade Affairs, USA, Mr Clement Leung, has expressed hope that Hong Kong - US economic relations will gather momentum in the Year of the Rooster. Hong Kong imported more than US$37 billion worth of goods made in America, making it the ninth export destination for the US, in 2015, which was a jump from 10th place in the previous year, according to the latest US commerce statistics.


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