Tag Archives: China

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

     Exchange Fund Bills tender results:
 

Tender date	:	January 16, 2024
Paper on offer	:	EF Bills
Issue number	:	M2403
Issue date	:	January 17, 2024
Maturity date	:	February 14, 2024
Amount applied	:	HK$9,260 MN
Amount allotted	:	HK$2,000 MN
Average yield accepted	:	4.49 PCT
Highest yield accepted	:	4.49 PCT
Pro rata ratio*	:	About 83 PCT
Average tender yield	:	4.56 PCT
****************************
Tender date	:	January 16, 2024
Paper on offer	:	EF Bills
Issue number	:	Q2403
Issue date	:	January 17, 2024
Maturity date	:	April 17, 2024
Amount applied	:	HK$174,310 MN
Amount allotted	:	HK$61,951 MN
Average yield accepted	:	4.37 PCT
Highest yield accepted	:	4.43 PCT
Pro rata ratio*	:	About 61 PCT
Average tender yield	:	4.53 PCT
****************************
Tender date	:	January 16, 2024
Paper on offer	:	EF Bills
Issue number	:	H2432
Issue date	:	January 17, 2024
Maturity date	:	July 17, 2024
Amount applied	:	HK$55,850 MN
Amount allotted	:	HK$19,800 MN
Average yield accepted	:	4.12 PCT
Highest yield accepted	:	4.15 PCT
Pro rata ratio*	:	About 66 PCT
Average tender yield	:	4.20 PCT
****************************
Tender date	:	January 16, 2024
Paper on offer	:	EF Bills
Issue number	:	Y2485
Issue date	:	January 17, 2024
Maturity date	:	January 15, 2025
Amount applied	:	HK$23,200 MN
Amount allotted	:	HK$5,000 MN
Average yield accepted	:	3.88 PCT
Highest yield accepted	:	3.90 PCT
Pro rata ratio*	:	About 90 PCT
Average tender yield	:	3.98 PCT

 
*”Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “highest yield accepted” level.

———————————————————
     Hong Kong Monetary Authority tenders to be held in the week beginning January 22, 2024:
 

Tender date	:	January 23, 2024
Paper on offer	:	EF Bills
Issue number	:	Q2404
Issue date	:	January 24, 2024
Maturity date	:	April 24, 2024
Tenor	:	91 Days
Amount on offer	:	HK$58,011 MN
****************************
Tender date	:	January 23, 2024
Paper on offer	:	EF Bills
Issue number	:	H2433
Issue date	:	January 24, 2024
Maturity date	:	July 24, 2024
Tenor	:	182 Days
Amount on offer	:	HK$12,600 MN

read more

     â€‹Hongkong Post announced today (January 16) that, as advised by the postal administration of Mauritius, due to cyclone, all mail delivery services to Mauritius are subject to delay. read more

     The Social Welfare Department (SWD) and the Management Committee of the Tang Shiu Kin and Ho Tim Charitable Fund (the Fund) today (January 16) hosted a spring reception for the elderly and presented lai see packets to them… read more

     Hong Kong Customs yesterday (January 15) conducted a special operation in Tin Shui Wai and Kwai Chung, and cracked down on one mobile hawker stall and its storage place successfully. A total of about 1,900 items of suspected counterfeit apparel with an estimated market value of about $480,000 were seized.
      
     Customs earlier received information regarding a mobile hawker selling suspected counterfeit goods in Tin Shui Wai. After an in-depth investigation, Customs officers took enforcement action yesterday and raided a mobile hawker stall in Tin Shui Wai and its storage place in Kwai Chung. The batch of suspected counterfeit apparel was seized.
      
     During the operation, two men aged 48 and 49 suspected to be connected with the case were arrested. They have been released on bail pending further investigation. An investigation is ongoing.
      
     With Lunar New Year approaching, Customs will continue to step up inspection and enforcement to combat the sale of different kinds of counterfeit goods. 
      
     Customs reminds consumers to procure goods at reputable shops and to check with the trademark owners or their authorised agents if the authenticity of a product is in doubt. Also, traders should be cautious and prudent in merchandising since the sale of counterfeit goods is a serious crime and offenders are liable to criminal sanctions.
      
     Under the Trade Descriptions Ordinance, any person who sells or possesses for sale any goods with a forged trademark commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.
      
     Members of the public may report any suspected counterfeit 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).

read more

     â€‹Hongkong Post announced today (January 16) that, as advised by the postal administration of Papua New Guinea, due to protests, mail delivery services to Papua New Guinea are subject to delay. read more