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Author Archives: hksar gov

HAD to open temporary night heat shelters

     The Home Affairs Department will open 15 temporary night heat shelters tonight (May 31) 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 enquiry hotline before midnight on 2835 1473.
      
     The 15 temporary night heat shelters are located at:
      
Hong Kong Districts:
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Central and Western –
Sai Ying Pun Community Complex Community Hall
3/F, Sai Ying Pun Community Complex,
2 High Street, Sai Ying Pun
 
Eastern/Wan Chai –
Causeway Bay Community Centre
7 Fook Yum Road, Causeway Bay
 
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:
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Kwai Tsing –
Kwai Shing Community Hall
Podium, Block 6, Kwai Shing West Estate, Kwai Chung
 
North –
Cheung Wah Community Hall
Cheung Wah Estate, Fanling
 
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 read more

Exchange Fund Abridged Balance Sheet and Currency Board Account

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

     The Hong Kong Monetary Authority (HKMA) announced today (May 31) that the total assets of the Exchange Fund amounted to HK$4,168.0 billion as at April 30, 2018, HK$17.9 billion higher than that at the end of March 2018.  Foreign currency assets decreased by HK$34.0 billion while Hong Kong dollar assets increased by HK$51.9 billion.
 
     The decline in foreign currency assets was mainly due to the sale of US dollars under the Currency Board arrangements, which was partly offset by an increase in unsettled purchases of securities.  The rise in Hong Kong dollar assets was mainly due to an increase in Exchange Fund Bills and Notes issued but not yet settled.
 
     The Currency Board Account shows that the Monetary Base at the end of April 2018 was HK$1,670.6 billion, decreased by HK$58.8 billion, or 3.4 per cent, from the end of March 2018.  The decline was mainly due to a decrease in the balance of the banking system and the outstanding amount of Certificates of Indebtedness.
 
     The amount of Backing Assets decreased by HK$58.4 billion, or 3.1 per cent, to HK$1,816.7 billion.  The decrease was mainly due to the sale of US dollars under the Currency Board arrangements and the redemption of Certificates of Indebtedness.  The backing ratio increased from 108.42 per cent at the end of March 2018 to 108.74 per cent at the end of April 2018.
 
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     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 May 2018, the scheduled dates for issuing the press releases are as follows:
 

May 7
(Issued)
SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures)
 
May 14
(Issued)
SDDS Analytical Accounts of the Central Bank
 (Analytical Accounts of the Exchange Fund)
 
May 31
 
SDDS Template on International Reserves and Foreign Currency Liquidity
 
May 31
 
Exchange Fund Abridged Balance Sheet and Currency Board Account
 
read more

International reserves and foreign currency liquidity

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

     The Hong Kong Monetary Authority (HKMA) released today (May 31) the analytical data on the Hong Kong Special Administrative Region’s foreign currency reserves and foreign currency liquidity as at the end of April 2018 (Annex). These data are published monthly in the Template on International Reserves and Foreign Currency Liquidity in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS).
 
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     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 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 May 2018, the scheduled dates for issuing the press releases are as follows:
 

May 7
(Issued)
SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures)
 
May 14
(Issued)
SDDS Analytical Accounts of the Central Bank
 (Analytical Accounts of the Exchange Fund)
 
May 31 SDDS Template on International Reserves and Foreign Currency Liquidity
 
May 31 Exchange Fund Abridged Balance Sheet and Currency Board Account
 
   read more