Author Archives: hksar gov

     Hong Kong Customs seized about 950 grams of suspected methamphetamine with an estimated market value of about $520,000 at Hong Kong International Airport on July 25.

     Customs officers inspected an express parcel from Malaysia on July 25 and seized about 950g of suspected methamphetamine concealed inside the metal frames of a baby chair.

     After follow-up investigation, Customs officers yesterday (August 7) arrested a 47-year-old woman and a 48-year-old man in Tsing Yi, who are suspected to be related to the case. A set of drug-inhaling apparatus was further seized from the arrested woman’s residential premises in Tsing Yi. Customs officers also seized a small quantity of suspected methamphetamine and a set of drug-inhaling apparatus in the arrested man’s possession.

     Investigation is ongoing.

     Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.

     Members of the public may report any suspected drug trafficking activities to the Customs 24-hour hotline 2545 6182 or its dedicated crime-reporting email account (crimereport@customs.gov.hk).

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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) announces that a tender of 2-year Exchange Fund Notes will be held on August 17, 2018 (Friday) for settlement on August 20, 2018 (Monday), as set out in the tentative issuance schedule announced on May 15, 2018. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day. 
 
     A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on August 20, 2020 and will carry interest at the rate of 1.78 per cent per annum payable semi-annually in arrears.
 
     Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing. Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers on the current published list, which can be obtained from the HKMA at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong (telephone: 2878 1465), or from the HKMA’s website at www.hkma.gov.hk; Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
 
     The tender results will be published on the HKMA’s website, the Reuters screen (HKMAOOE), and Bloomberg. Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.

Hong Kong Monetary Authority Exchange Fund Note Programme Tender Information
———————————————————————————————-

Tender information of 2-Year Exchange Fund Notes:
 

Issue Number	:	02Y2008
Stock code	:	4073 (EFN 1.78 2008)
Tender date and time	:	August 17, 2018 (Friday) 9.30am to 10.30am
Issue and Settlement Date	:	August 20, 2018 (Monday)
Amount on offer	:	HK$1,200 million (up to HK$5 million for non-competitive tender)
Commencement of/ Deadline for submission of non-competitive tender bids by retail investors through HKSCC	:	Please refer to requirements as set down by HKSCC
Maturity	:	Two years
Maturity Date	:	August 20, 2020 (Thursday)
Interest Rate	:	1.78 per cent p.a.
Interest Payment Dates	:	February 20, 2019 August 20, 2019 February 20, 2020 August 20, 2020
Tender amount	:	Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender. Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/ Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC. Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list.
Other details	:	Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong.
Expected commencement date of dealing on the Stock Exchange of Hong Kong	:	August 21, 2018 (Tuesday)

 

Price/Yield Table of the new EFN at tender for reference* only:
 

Yield-to-Maturity	Price	Yield-to-Maturity	Price
0.78	101.98	1.78	100.02
0.83	101.88	1.83	99.92
0.88	101.78	1.88	99.82
0.93	101.68	1.93	99.73
0.98	101.59	1.98	99.63
1.03	101.49	2.03	99.53
1.08	101.39	2.08	99.44
1.13	101.29	2.13	99.34
1.18	101.19	2.18	99.24
1.23	101.09	2.23	99.15
1.28	100.99	2.28	99.05
1.33	100.89	2.33	98.96
1.38	100.80	2.38	98.86
1.43	100.70	2.43	98.77
1.48	100.60	2.48	98.67
1.53	100.50	2.53	98.58
1.58	100.40	2.58	98.48
1.63	100.31	2.63	98.39
1.68	100.21	2.68	98.29
1.73	100.11	2.73	98.20
1.78	100.02	2.78	98.10

* Disclaimer
The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it.  The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here. read more

Attention TV/radio announcers: Please broadcast the following as soon as possible:      Here is an item of interest to swimmers.      The Leisure and Cultural Services Department announced today (Au… read more

     The effective exchange rate index for the Hong Kong dollar on Wednesday, August 8, 2018 is 103.9 (down 0.3 against yesterday’s index). read more

     A delegation representing the Hong Kong Special Administrative Region (HKSAR) Government will attend a hearing of the United Nations Committee on the Elimination of Racial Discrimination in Geneva, Switzerland, on August 10 and 13 (Geneva time).

     A government spokesman said today (August 8) that, as part of the Chinese delegation, the HKSAR delegation will introduce to the Committee the part of China’s 14th to 17th reports under the International Convention on the Elimination of All Forms of Racial Discrimination (ICERD) which is related to the HKSAR, and answer the Committee’s questions on the implementation of the ICERD in Hong Kong.
    
     “This is the third time the Committee has examined a report submitted by the HKSAR under the ICERD since 1997. The previous round of hearings was held in August 2009,” the spokesman added.

     The delegation will be led by the Under Secretary for Constitutional and Mainland Affairs, Mr Andy Chan, and the members of the delegation will include officials from the Constitutional and Mainland Affairs Bureau, the Security Bureau, the Education Bureau, the Labour Department and the Department of Justice.

     The third report of the HKSAR under the ICERD is available on the website of the Constitutional and Mainland Affairs Bureau (www.cmab.gov.hk/en/issues/report3A.htm). read more