The following is issued on behalf of the Hospital Authority: The spokesperson for Princess Margaret Hospital (PMH) made the following announcement today (August 6): An 85-year-old male patient in a me… read more
Hong Kong Customs on July 30 detected a suspected case of using an ocean-going vessel to smuggle goods to Malaysia at the Kwai Chung Container Terminals. A large batch of suspected smuggled electronic components with an estimated market value of about $150 million was seized.
Through intelligence analysis and risk assessment, Customs discovered that criminals intended to use ocean-going vessels to smuggle goods and thus formulated strategies to combat related activities.
On July 30, Customs officers identified an ocean-going vessel preparing to depart from Hong Kong for Malaysia for inspection and seized a large batch of suspected smuggled goods, including integrated circuits, motherboards, capacitors, and used electronic components, inside a container which was declared as containing zinc flakes aboard the vessel.
An investigation is ongoing. The likelihood of arrests is not ruled out.
Customs is the primary agency responsible for tackling smuggling activities and has long been combating various smuggling activities at the forefront. Customs will keep up its enforcement action and continue to fiercely combat sea smuggling activities through proactive risk management and intelligence-based enforcement strategies, and carry out targeted anti-smuggling operations at suitable times to crack down on related crimes.
Smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years upon conviction.
Members of the public may report any suspected smuggling activities to Customs’ 24-hour hotline 2545 6182 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) issued today (August 6) a report on its review of virtual banks (VBs) (the Report).
The review was conducted in 2024, several years after the eight VBs commenced their business in 2020, to look into their operations and impact on the Hong Kong banking system. The review aims to:
The following is issued on behalf of the Executive Council Secretariat:
Non-official Members of the Executive Council (ExCo Non-official Members) today (August 6) visited the National Security Exhibition Gallery of the Hong Kong Special Administrative Region (HKSAR) to learn more about the preparation work for the gallery’s public opening from tomorrow (August 7) onwards. The gallery is located at the Hong Kong Museum of History and is organised by the Committee for Safeguarding National Security of the HKSAR.
ExCo Non-official Members were briefed by docents on the themes and valuable exhibits in various sections of the exhibition. ExCo Non-official Members commended the comprehensive content of the exhibition, which includes an introduction to the establishment and achievements of the new China, the relationship between the holistic approach to national security and the HKSAR, and the legislative background of the Hong Kong National Security Law and the Safeguarding National Security Ordinance. The exhibits will help members of the public better understand the importance of national security to Hong Kong’s prosperity and future development, and ExCo Non-official Members also noted that the exhibition could enhance public awareness on safeguarding national security with its interactive games and videos.
Also, ExCo Non-official Members noted that the National Security Exhibition Gallery is the first thematic gallery in the HKSAR dedicated to the systematic promotion of national security, and is the first sizeable education venue for national security in the city. They thanked the Liaison Office of the Central People’s Government in the HKSAR and the Office for Safeguarding National Security of the Central People’s Government in the HKSAR for their support to the exhibition’s successful organisation.
ExCo Non-official Members called on citizens to visit the exhibition gallery to enhance their understanding of national security and Hong Kong’s distinctive advantages of enjoying strong support of the motherland while being closely connected to the world.
Joining the visit were ExCo Non-official Members Professor Arthur Li, Mr Jeffrey Lam, Mr Tommy Cheung, Mr Chan Kin-por, Dr Eliza Chan, Mr Stanley Ng and Mr Gary Chan.
The following is issued on behalf of the Hong Kong Monetary Authority:
Exchange Fund Bills tender results:
| Tender date | : | 6 August 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | Q2432 |
| Issue date | : | 7 August 2024 |
| Maturity date | : | 6 November 2024 |
| Amount applied | : | HK$171,560 MN |
| Amount allotted | : | HK$60,231 MN |
| Average yield accepted | : | 4.00 PCT |
| Highest yield accepted | : | 4.05 PCT |
| Pro rata ratio* | : | About 81 PCT |
| Average tender yield | : | 4.20 PCT |
| **************************** | ||
| Tender date | : | 6 August 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | H2461 |
| Issue date | : | 7 August 2024 |
| Maturity date | : | 5 February 2025 |
| Amount applied | : | HK$76,400 MN |
| Amount allotted | : | HK$14,000 MN |
| Average yield accepted | : | 3.93 PCT |
| Highest yield accepted | : | 3.94 PCT |
| Pro rata ratio* | : | About 74 PCT |
| Average tender yield | : | 4.05 PCT |
| Tender date | : | 13 August 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | Q2433 |
| Issue date | : | 14 August 2024 |
| Maturity date | : | 13 November 2024 |
| Tenor | : | 91 Days |
| Amount on offer | : | HK$61,831 MN |
| **************************** | ||
| Tender date | : | 13 August 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | H2462 |
| Issue date | : | 14 August 2024 |
| Maturity date | : | 12 February 2025 |
| Tenor | : | 182 Days |
| Amount on offer | : | HK$16,000 MN |
| **************************** | ||
| Tender date | : | 13 August 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | Y2493 |
| Issue date | : | 14 August 2024 |
| Maturity date | : | 13 August 2025 |
| Tenor | : | 364 Days |
| Amount on offer | : | HK$3,000 MN |