Author Archives: hksar gov

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     According to statistics published today (June 28) by the Hong Kong Monetary Authority, total deposits with authorised institutions declined by 1.0 per cent in May 2019. With decreases in savings, demand and time deposits, Hong Kong-dollar deposits went down by 1.0 per cent during the month. Overall foreign-currency deposits also decreased by 1.0 per cent in May. Renminbi deposits in Hong Kong increased by 2.0 per cent to RMB624.4 billion at the end of May. The total remittance of renminbi for cross-border trade settlement amounted to RMB477.3 billion in May, compared with RMB420.7 billion in April 2019.
 
     Total loans and advances stayed virtually unchanged in May. Among the total, loans for use in Hong Kong (including trade finance) edged up by 0.1 per cent from a month ago, while loans for use outside Hong Kong edged down by 0.2 per cent (Note). The Hong Kong-dollar loan-to-deposit ratio picked up to 88.3 per cent at the end of May from 87.3 per cent at the end of April, as Hong Kong-dollar loans increased while Hong Kong-dollar deposits declined.
 
     On a seasonally-adjusted basis, Hong Kong-dollar M1 declined by 2.2 per cent in May and dropped by 5.9 per cent year-on-year. Seasonally unadjusted Hong Kong-dollar M3 decreased by 1.0 per cent during the month but rose by 2.8 per cent from a year earlier. 

Note: The December 2018 figures for loans for use in/outside Hong Kong have been restated to reflect authorised institutions’ reclassification of working capital loans. The reported month-on-month and quarter-on-quarter growth rates are calculated based on the reclassified loan data. As reclassified loan data before December 2018 are not available, year-on-year growth rates of loans for use in/outside Hong Kong (including their sub-components) as shown in Table 1H of the Annex are calculated based on the data without such reclassification. read more

     The Labour Department (LD) is investigating a work accident that occurred in Shau Kei Wan this afternoon (June 28), in which a worker died.        The LD immediately deployed staff to the scene upon r… read more

The following is issued on behalf of the Hong Kong Monetary Authority:        The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for May 2019.        The number o… read more

     The Home Affairs Department will open 19 temporary night heat shelters tonight (June 28) for people in need of the service.
 
     The shelters will be open from 10.30pm until 8am tomorrow.
 
     For further information, please call the department’s hotline before midnight on 2835 1473.
 
     The 19 night heat shelters are located at:
 
Hong Kong Districts:
———————
 
Central and Western –
Sai Ying Pun Community Complex Community Hall
3/F, Sai Ying Pun Community Complex
2 High Street, Sai Ying Pun
 
Eastern –
Causeway Bay Community Centre
3/F, 7 Fook Yum Road, Causeway Bay
 
Southern –
Lei Tung Community Hall
Lei Tung Estate, Ap Lei Chau
 
Wan Chai –
Wan Chai Activities Centre
LG/F, Wan Chai Market, 258 Queen’s Road East, Wan Chai
 
Kowloon Districts:
——————
 
Kowloon City –
Hung Hom Community Hall
1/F, Kowloon City Government Offices
42 Bailey Street, Hung Hom
 
Kwun Tong –
Lam Tin (West) Estate Community Centre
71 Kai Tin Road, Lam Tin

Sham Shui Po –
Shek Kip Mei Community Hall
G/F, Block 42, Shek Kip Mei Estate
Sham Shui Po
 
Wong Tai Sin –
Tsz Wan Shan (South) Estate Community Centre
45 Wan Wah Street, Tsz Wan Shan
 
Yau Tsim Mong –
Henry G Leong Yaumatei Community Centre
60 Public Square Street, Yau Ma Tei
 
New Territories Districts:
————————–
 
Islands –
Tung Chung Community Hall
G/F, Tung Chung Municipal Services Building,
39 Man Tung Road, Tung Chung
 
Kwai Tsing –
Kwai Shing Community Hall
Podium, Block 6, Kwai Shing West Estate, Kwai Chung
 
North –
Cheung Wah Community Hall
Cheung Wah Estate, Fanling
 
Sai Kung –
Hang Hau Community Hall
G/F, Sai Kung Tseung Kwan O Government Complex,
38 Pui Shing Road, Hang Hau, Tseung Kwan O
 
Sha Tin –
Lung Hang Estate Community Centre
Lung Hang Estate, Sha Tin
 
Tai Po –
Tai Po Community Centre
2 Heung Sze Wui Street, Tai Po
 
Tsuen Wan –
Lei Muk Shue Community Hall
G/F, Hong Shue House, Lei Muk Shue Estate, Tsuen Wan
 
Tuen Mun –
Butterfly Bay Community Centre
Butterfly Estate (near Tip Sum House), Tuen Mun
 
Yuen Long –
Long Ping Community Hall
Long Ping Estate, Yuen Long
 
Yuen Long –
Tin Yiu Community Centre
Tin Yiu Estate, Tin Shui Wai

     The temporary night heat shelters will resume their functions as either community centres or community halls in the daytime for hire by the local community and cannot continue to be open as heat shelters. People may choose to take refuge from the heat during the daytime in the common areas in any of the 20 designated community centres or community halls. Their opening hours are from 9am to 10pm. For addresses of the community centres or community halls, please browse the following webpage: www.had.gov.hk/file_manager/en/documents/public_services/emergency_services/List_CH_CC_Day_E.pdf. read more

     The Environmental Protection Department (EPD) today (June 28) released the latest grading of water quality for 38 gazetted beaches that are open for swimming and one non-gazetted beach (i.e. Discovery Bay*).   
   
     Thirteen beaches were rated as Good (Grade 1), 15 as Fair (Grade 2) and 11 as Poor (Grade 3).
 
Grade 1 beaches are: 
 

Cheung Chau Tung Wan Beach	Repulse Bay Beach
Chung Hom Kok Beach	South Bay Beach
Discovery Bay	Stanley Main Beach
Hap Mun Bay Beach	Tong Fuk Beach
Hung Shing Yeh Beach	Trio Beach
Kiu Tsui Beach	Upper Cheung Sha Beach
Lo So Shing Beach

 
Grade 2 beaches are:
 

Butterfly Beach	Lower Cheung Sha Beach
Cafeteria New Beach	Middle Bay Beach
Castle Peak Beach	Pui O Beach
Clear Water Bay First Beach	Shek O Beach
Clear Water Bay Second Beach	Silverstrand Beach
Deep Water Bay Beach	St Stephen’s Beach
Golden Beach	Turtle Cove Beach
Kwun Yam Beach

 
Grade 3 beaches are:
 

Anglers’ Beach	Kadoorie Beach
Approach Beach	Lido Beach
Big Wave Bay Beach	Ma Wan Tung Wan Beach
Cafeteria Old Beach	Silver Mine Bay Beach
Casam Beach	Ting Kau Beach
Hoi Mei Wan Beach

 
* Discovery Bay is a non-gazetted beach without lifeguard service.
 
     Compared with the grading released last week, Castle Peak Beach, Clear Water Bay Second Beach and Deep Water Bay Beach have been upgraded from Grade 3 to Grade 2. Kwun Yam Beach and St Stephen’s Beach have been changed from Grade 1 to Grade 2, and Ma Wan Tung Wan Beach from Grade 2 to Grade 3.
      
     “The changes are generally within the normal range of fluctuation of the bacteriological water quality of the beaches,” an EPD spokesman said.
      
     Under the present grading system, beaches are classified into four grades according to the level of E. coli in the water. Grades are calculated on the basis of the geometric mean of the E. coli counts on the five most recent sampling occasions.
      
     While the ratings represent the general water quality at the beaches, the EPD spokesman reminded members of the public that water quality could be temporarily affected during and after periods of heavy rain. Bathers should avoid swimming at beaches for up to three days after a storm or heavy rainfall.
      
     A summary of beach grades is published weekly before the weekend. The latest beach grades based on the most current data may be obtained from the department’s website on Beach Water Quality (www.epd.gov.hk/epd/beach) or the beach hotline, 2511 6666. read more