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

Financial results for the nine months ended December 31, 2017
January 31, 2018 - The Hong Kong Special Administrative Region Government announced today its financial results for the nine months ended December 31, 2017.

Hong Kong Exchange Fund at US$515.8 billion
January 31, 2018 - The Hong Kong Monetary Authority announced today that the total assets of the Exchange Fund amounted to HK$4,023.5 billion (US$515.8 billion) as at December 31, 2017. This is HK$43.9 billion (US$5.6 billion) higher than that at the end of November 2017. Foreign currency assets increased by HK$50.4 billion (US$6.4 billion) while Hong Kong dollar assets decreased by HK$6.5 billion (US$833 million).

IMF Reaffirms Support for Hong Kong's Strong Policy Frameworks and Ample Buffers
January 23, 2018 - The International Monetary Fund (IMF) released a Staff Report today which, substantiated by a more detailed analysis, reinforces the conclusions of its assessment of Hong Kong's economic and financial positions published on November 29, 2017.

Unemployment Rate Falls to 2.9%
January 18, 2018 - According to the latest labor force statistics (i.e. provisional figures for October - December 2017) released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, the seasonally adjusted unemployment rate decreased from 3.0% in September - November 2017 to 2.9% in October - December 2017. The underemployment rate remained unchanged at 1.1% in the two periods.

Chief Executive meets guest speakers of Asian Financial Forum
January 16, 2018 - Hong Kong Chief Executive, Mrs Carrie Lam, met a number of guest speakers of the Asian Financial Forum (AFF) separately yesterday and today at the Chief Executive’s Office to exchange views on global and regional economic, trade and financial development.

Asian Financial Forum explores innovation as economic growth accelerator
January 15, 2018 - The 11th Asian Financial Forum (AFF) opened today, providing a high-level platform for global policymakers as well as financial and business leaders to exchange views on how to embrace innovation and technology to steer economic growth in Asia and beyond.

Government to launch design and fashion project in Sham Shui Po
January 9, 2018 - The Hong Kong Special Administrative Region Government today announced its plans to launch a design and fashion project in Sham Shui Po. The project aims to help nurture a new generation of design and fashion talents and turn the district into a design and fashion landmark by creating synergy through blending and enriching the traditional garment and fabric wholesale and retail hub with design and fashion elements, thereby driving local tourism and boosting the local economy.

David Zwirner Opens Hong Kong Gallery as Asia Debut
January 9, 2018 - New York contemporary art gallery David Zwirner announced today that it will open a gallery in Hong Kong on January 27, leveraging Hong Kong's international art hub status for its debut in Asia.

InvestHK announces details of StartmeupHK Festival 2018
January 8, 2018 - Invest Hong Kong (InvestHK) today announced details of the StartmeupHK Festival 2018, which will take place from January 29 to February 2 and focus on financial technology (Fintech), connected city, retail technology, health technology (Healthtech) and a new theme of “the Internet of Life” this year.

Hong Kong’s foreign currency reserves at US$431.3 billion
January 5, 2018 - The Hong Kong Monetary Authority announced today that the official foreign currency reserve assets of Hong Kong amounted to US$431.3 billion as at the end of December 2017, compared with US$422.1 billion at end-November 2017.

Government welcomes Green Finance Certification Scheme
January 3, 2018 - The Hong Kong Quality Assurance Agency (HKQAA) today announced the launch of its Green Finance Certification Scheme to provide third-party conformity assessments for green finance issuers.


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