Suspension of “A Symphony of Lights”

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 issuance of Strong Wind Signal No. 3 by the Hong Kong Observatory, "A Symphony of Lights" will be cancelled tonight (August 10).




Tender of 2-Year Exchange Fund Notes to be held on August 19

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 19 (Friday) for settlement on August 22 (Monday), as set out in the published tentative issuance schedule. 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 22, 2024 and will carry interest at the rate of 2.84 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 appointed by the HKMA, with the current published list available on 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 Refinitiv 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.
 
HKMA Exchange Fund Note Programme Tender Information
______________________________________________________
     Tender information of 2-Year Exchange Fund Notes:
 

Issue Number : 02Y2408
Stock code : 4091 (EFN 2.84 2408)
Tender date and time : August 19, 2022 (Friday)
9.30am to 10.30am
Issue and Settlement Date : August 22, 2022 (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 22, 2024 (Thursday)
Interest Rate : 2.84 per cent p.a.
Interest Payment Dates : February 22, 2023
August 22, 2023
February 22, 2024
August 22, 2024
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 23, 2022 (Tuesday)

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

Yield-to-Maturity Price Yield-to-Maturity Price
1.840 101.97 2.840 100.04
1.890 101.87 2.890 99.94
1.940 101.78 2.940 99.85
1.990 101.68 2.990 99.75
2.040 101.58 3.040 99.66
2.090 101.48 3.090 99.56
2.140 101.39 3.140 99.47
2.190 101.29 3.190 99.38
2.240 101.19 3.240 99.28
2.290 101.09 3.290 99.19
2.340 101.00 3.340 99.09
2.390 100.90 3.390 99.00
2.440 100.80 3.440 98.91
2.490 100.71 3.490 98.81
2.540 100.61 3.540 98.72
2.590 100.52 3.590 98.63
2.640 100.42 3.640 98.53
2.690 100.32 3.690 98.44
2.740 100.23 3.740 98.35
2.790 100.13 3.790 98.25
2.840 100.04 3.840 98.16

* 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.




Government follows up on positive results of sewage surveillance and appeals to residents to undergo virus testing

     The Government announced today (August 10) that in order to fight the coronavirus epidemic, the Environmental Protection Department and the Drainage Services Department have been collecting sewage samples for virus testing in all districts, and had detected positive results in some areas, indicating that there may be hidden cases in the premises within these areas.

Rapid test

     As regards positive sewage testing results with relatively high viral loads in the following areas, the Housing Department and the respective District Offices will commence distributing about 270 000 sets of the COVID-19 rapid antigen test (RAT) kits to residents, cleaning workers and property management staff working in the following areas for them to take the test on their own, in order to help identify infected persons:
 

  • Central and Western District – Residential premises around Tai Ping Shan Street, Upper Station Street, Tung Street and Sai Street (see Annex)
  • Tai Po District – Kwong Fuk Estate, Yat Nga Court, Elegance Garden, Uptown Plaza, King Nga Court, Sheung Wun Yiu, Ha Wun Yiu, Pan Chung San Tsuen, Tai Po Pan Chung, Fu Shin Estate and Wang Fuk Court
  • Wong Tai Sin District – Shatin Pass Estate, Fu Keung Court, Kai Tak Garden, Tsz Oi Court Stage I and II, Tsz Oi Court Stage III, Chuk Yuen North Estate, Ying Fuk Court, Tropicana Gardens, Hsin Kuang Centre, The Forest Hills and residential premises around Fung Tak Road and Fei Fung Street (see Annex)

     Members of the public may refer to (www.coronavirus.gov.hk/rat/eng/rat.html) for enquiries relating to the use of the RAT kits.

     When using an RAT kit, please pay attention to and follow the instructions from the manufacturer to perform the test and read the result properly. It is advisable to record the displayed result by taking a photo immediately after reading. Users should wash their hands before and after performing the tests, and avoid placing non-essential items within the specimen collection area. After completing the test, wrap and seal all components of the test kit carefully and dispose of them properly. If the household environment is contaminated during the specimen collecting process, disinfection should be conducted with 1 in 49 diluted bleach solution or 70 per cent alcohol.

     People who obtained a positive result through an RAT for the first time can report via the online platform "Declaration System for individuals tested positive for COVID-19 using Rapid Antigen Test" (www.chp.gov.hk/ratp). If individuals encounter difficulties using the online platform, they can call the automated system at 183 6119 to register their identification document and telephone number. The Centre for Health Protection of the Department of Health will contact the relevant person later to finish the report procedure.




Government announces latest situation of fresh food supply from Mainland

     â€‹A Government spokesman announced today (August 10) that the supply of fresh food from the Mainland yesterday (August 9) was sufficient and stable.

     According to the latest information, the quantity of vegetables supplied from the Mainland to Hong Kong yesterday (as of midnight) by land and water transportation was about 2 600 tonnes, comparable to the average daily supply from the Mainland on a normal day. The volume of vegetables sold through the wholesale markets of the Agriculture, Fisheries and Conservation Department (AFCD) and the Vegetable Marketing Organization was about 859 tonnes. The average wholesale prices of choi sum and pak choi stood at $6.60 and $7.70 per catty respectively yesterday. The supply of eggs to the wholesale market remained steady, with the average daily supply standing at about 3.6 million for the past week, comparable to the average daily supply on a normal day last year.

     The total supply of chilled meat from the Mainland yesterday was over 37 tonnes. The supply of live pigs was plentiful.

     The supply of chilled poultry from the Mainland was over 150 000 head yesterday, and about 8 000 live chickens were slaughtered locally. The supply was abundant.

     Regarding the rice supply, in compliance with the requirement by the Government, stockholders of rice have to maintain the reserve stock of rice at a level sufficient for consumption by the local population for 15 days. The trade generally stocks double the required amount, which is sufficient for one month's consumption by Hong Kong citizens. In recent years, the import and consumption of rice in Hong Kong has stood at a steady level of around 320 000 to 330 000 tonnes per year. The import quantity (including reserve stock) as of end-June 2022 was 30 400 tonnes. Suppliers also maintain a reserve for food that can be stored, such as frozen meat, for around three months' stock generally.

     The Government will continue to maintain close liaison with the Mainland authorities and major food suppliers to ensure a stable food supply.

     The AFCD updates and publishes the fresh food supply information daily. Members of the public may visit the AFCD website for updates on daily supplies and wholesale prices of fresh food (www.afcd.gov.hk/english/agriculture/agr_fresh/agr_fresh.html).




Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Wednesday, August 10, 2022 is 100.7 (same as yesterday's index).