Author Archives: hksar gov

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

     The Hong Kong Monetary Authority (HKMA) announced today (June 7) that the official foreign currency reserve assets of Hong Kong amounted to US$432.1 billion as at the end of May 2018 (end-April 2018: US$434.5 billion) (Annex).
 
     Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of May 2018 amounted to US$424.6 billion (end-April 2018: US$426.9 billion).
 
     The total foreign currency reserve assets of US$432.1 billion represent over seven times the currency in circulation or about 45 per cent of Hong Kong dollar M3.
 
****************************************************************
 
     At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency. For the month of June 2018, the scheduled dates for issuing the press releases are as follows:
 

Attention duty announcers, radio and TV stations, Please broadcast the following as soon as possible and repeat it at suitable intervals:      The Tourism Commission announces that due to the issuing of Tropical Cyclone W… read more

     The effective exchange rate index for the Hong Kong dollar on Thursday, June 7, 2018 is 99.5 (same as yesterday’s index). read more

     Hongkong Post announced today (June 7) that, as advised by the postal administration of the United States, mail delivery services to the northeastern areas of the country have returned to normal.   read more

The following is issued on behalf of the Board of Trustees of the Hong Kong Jockey Club Music and Dance Fund:
 
     The performance of the Hong Kong Jockey Club Music and Dance Fund Awardees Association ended on a high note yesterday (June 6) at the Theatre of Hong Kong City Hall.
 
     More than 20 scholarship awardees of the Hong Kong Jockey Club Music and Dance Fund, guest musicians and dance artists thrilled the audience with an array of music and dance works, including chamber music, opera, flamenco dance, ballet and contemporary dance. The performance was followed by a post-performance Meet-the-artist Session hosted by the Chairman of the Executive Committee of the Association and an acclaimed percussionist, Dr Lung Heung-wing. The performers exchanged views and discussed their artistic presentation, creative process and ideas, helping the audience to appreciate the performance even more.
 
     With additional funding support from the Hong Kong Jockey Club Charities Trust, the Association was established as a charitable organisation in January 2016 by a group of scholarship awardees of the Fund, with the aim of promoting the development of music and dance in Hong Kong. The Association will continue to organise various kinds of activities, including sharing sessions, mentorship programmes and concerts with lecture demonstrations, to raise the public’s awareness of the local arts and nurture the younger generation of local artists.