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

Hong Kong Exchange Fund at US$491.1 billion
May 31, 2017 - The Hong Kong Monetary Authority announced today that the total assets of the Exchange Fund amounted to HK$3,831.0 billion (US$491.1 billion) as at April 30, 2017. This is HK$66.2 billion (US$8.4 billion) higher than that at the end of March 2017. Foreign currency assets increased by HK$60.3 billion (US$7.7 billion) and Hong Kong dollar assets increased by HK$5.9 billion (US$756 million).

Financial results for the month ended April 30, 2017
May 31, 2017 - The Hong Kong Special Administrative Region Government announced today its financial results for April 2017, the first month of the current financial year.

STOXX Extends Its Reach to Hong Kong
May 26, 2017 - Global index provider STOXX Ltd announced today that it has opened a Hong Kong office as part of its expansion plan to enhance its presence in Asia, and gain access to the Mainland market via the city.

Italian Luxury Designer Outlet Opens in Hong Kong
May 25, 2017 - Italian outlet developer, RDM Asia, officially opened the Florentia Village in Hong Kong today, offering a mix of upscale brands at attractive prices to discerning customers in the city.

Director-General of Investment Promotion appointed
May 23, 2017 - The Hong Kong Special Administrative Region Government today announced the appointment of Mr Stephen Christopher Phillips as the Director-General of Investment Promotion, effective May 25, 2017, following an open-cum-in-service recruitment exercise.

Consumer Price Indices for April 2017
May 23, 2017 - The Census and Statistics Department of the Hong Kong Special Administrative Region Government released today the Consumer Price Index (CPI) figures for April 2017.

Hong Kong, Shanghai hold meeting to enhance financial co-operation
May 23, 2017 - Representatives of the governments, financial regulators and exchanges of Hong Kong and Shanghai held the seventh Working Meeting of Hong Kong-Shanghai Financial Co-operation in Shanghai today to discuss how to enhance financial co-operation between the two places.

Unemployment Rate Stood at 3.2%
May 19, 2017 - According to the latest labor force statistics (i.e. provisional figures for February - April 2017) released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, the seasonally adjusted unemployment rate stood at 3.2% in February - April 2017, same as that in January - March 2017. The underemployment rate also remained unchanged at 1.2% in the two periods.

Hong Kong Government Welcomes Establishment of Bond Connect
May 16, 2017 - The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) made a joint announcement today on their approval for the relevant Mainland and Hong Kong financial infrastructure institutions to collaborate in establishing mutual bond market access between Hong Kong and the Mainland (Bond Connect). The Hong Kong Special Administrative Region Government welcomes the joint announcement by the PBoC and the HKMA.

First Quarter GDP Grows 4.3%
May 12, 2017 - The Hong Kong Special Administrative Region Government released today the First Quarter Economic Report 2017, together with the preliminary figures on Gross Domestic Product (GDP) for the first quarter of 2017.

20th anniversary of establishment of HKSAR celebration launched in Chicago
May 12, 2017 - The Hong Kong Economic and Trade Office in New York(HKETONY) launched the celebration of the 20th anniversary of the establishment of the Hong Kong Special Administrative Region in Chicago with a glittering award night paying tribute to Teddy Robin Kwan yesterday ( May 11 , Chicago time). The versatile Hong Kong film and music talent was honoured with a Lifetime Achievement Award presented by the Asian Pop-Up Cinema.

FSDC releases reports to promote further development of financial technology in Hong Kong
May 9, 2017 - The Financial Services Development Council (FSDC) today released two research reports to promote the further development and application of financial technology (FinTech) in Hong Kong.

Hong Kong’s Foreign Currency Reserves at US$400 Billion
May 8, 2017 - The Hong Kong Monetary Authority (HKMA) announced today that the official foreign currency reserve assets of Hong Kong amounted to US$400.0 billion as at the end of April 2017, compared with US$395.5 billion at end-March 2017.

Financial Secretary Meets Asian Development Bank President
May 5, 2017 - Hong Kong Financial Secretary, Mr. Paul Chan, today met with the President of the Asian Development Bank (ADB) and the Chairperson of the ADB’s Board of Directors, Mr. Takehiko Nakao, and other ADB senior officials during the 50th Annual Meeting of the ADB in Yokohama, Japan.

 


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