Tag Archives: China

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Exchange Fund Bills tender results

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

     Exchange Fund Bills tender results:
 

Tender date : May 28, 2024
Paper on offer : EF Bills
Issue number : Q2422
Issue date : May 29, 2024
Maturity date : August 28, 2024
Amount applied : HK$132,570 MN
Amount allotted : HK$62,488 MN
Average yield accepted : 4.45 PCT
Highest yield accepted : 4.50 PCT
Pro rata ratio* : About 97 PCT
Average tender yield : 4.55 PCT
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Tender date : May 28, 2024
Paper on offer : EF Bills
Issue number : H2451
Issue date : May 29, 2024
Maturity date : November 27, 2024
Amount applied : HK$49,135 MN
Amount allotted : HK$15,000 MN
Average yield accepted : 4.35 PCT
Highest yield accepted : 4.38 PCT
Pro rata ratio* : About 57 PCT
Average tender yield : 4.47 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.

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     Hong Kong Monetary Authority tenders to be held in the week beginning June 3, 2024:
 
Tender date : June 4, 2024
Paper on offer : EF Bills
Issue number : Q2423
Issue date : June 5, 2024
Maturity date : September 4, 2024
Tenor : 91 Days
Amount on offer : HK$61,104 MN
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Tender date : June 4, 2024
Paper on offer : EF Bills
Issue number : H2452
Issue date : June 5, 2024
Maturity date : December 4, 2024
Tenor : 182 Days
Amount on offer : HK$13,000 MN
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Tender date : June 4, 2024
Paper on offer : EF Bills
Issue number : Y2490
Issue date : June 5, 2024
Maturity date : June 4, 2025
Tenor : 364 Days
Amount on offer : HK$3,000 MN
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Film Archive presents “Coming to a Theatre Near You – Gems of Hong Kong Film Trailers” exhibition (with photos)

     The Hong Kong Film Archive (HKFA) of the Leisure and Cultural Services Department (LCSD) will stage the “Coming to a Theatre Near You – Gems of Hong Kong Film Trailers” exhibition at the Exhibition Hall of the HKFA from May 31 until November 3. The exhibition will display over 100 trailers of films from the 1940s to the present day from the HKFA’s collection to introduce to visitors how film production crews produced trailers of duration from tens of seconds to a few minutes by adopting deft and smooth editing skills and meticulously designed promotional taglines with a view to enticing audiences into purchasing film tickets. Visitors can also learn about the development of Hong Kong films through these trailers. This exhibition is one of the programmes of the Hong Kong Pop Culture Festival 2024.
 
     Trailers are film advertisements which aim to catch the attention of audiences through revealing a certain amount of the film story and highlights. Their production requires superb editing skills. This exhibition will showcase some of the most precious items of the HKFA’s collection. Based on the traces of the development of Hong Kong films, the exhibition will outline the methods, styles and characteristics of trailers in different periods as well as their changes across time. It will display trailers in six different categories, namely the earliest trailers of the HKFA’s collection, drama and realist films, musical films, comedy films, martial arts and action films, overseas versions of trailers.
 
     The earliest trailers of the HKFA’s collection to be displayed at the exhibition include 10 trailers of films in the 1940s from the HKFA’s collection. The taglines of post-war trailers in the 1940s generally closely tap the pulse of society to cater to the tastes of most audiences. In order to attract people of all ages, the trailers, about four minutes long on average, often weave laughter and tears together alongside attention-grabbing slogans. An example is the trailer for the film “Intimate Lovers” (1947), which is about the story of a married woman entering the workplace. Film trailers became shorter and more brisk later as the economy of Hong Kong took off with the quickening pace of city life.
 
     Trailers for drama and realist films often made use of the films’ songs. Some of them even covered whole songs, such as “Love in a Fallen City” (1984) and “An Autumn’s Tale” (1987). Others featured the lead actors themselves introducing the films, including the trailer of “The House of 72 Tenants” (1973) directed by Chor Yuen, where the cast of the film, Lydia Shum, Hu Chin, Elliot Yueh, Ching Li and Ivan Ho introduce the film as themselves, in order to attract audiences.
 
    In the category of trailers for musical films, the trailers for musicals, Huangmeidiao films and Cantonese opera films in the 1950s and 1960s will be displayed. Trailers for Cantonese opera films in this period sometimes included the performance by an actor of an entire Cantonese opera excerpt. The exhibition will display various precious trailers for Cantonese opera films starring Yam Kim-fai and Pak Suet-sin including “The Fairy in the Picture” (1957) and “Butterfly and Red Pear Blossom” (1959). In the trailer for “Trouble on the Wedding Night” (1964), the focus is unconventionally placed on the film’s music, featuring precious footage of the choir and band’s live recording of the film’s music with the well-known composer Zhou Lan-ping.
 
     Voice-overs in trailers for comedy films often adopted a light-hearted tone. In the trailer for director Chun Kim’s “How to Get a Wife” (1961), the film title and main cast are introduced in a comic style. It opens and ends with lead actor Patrick Tse speaking directly to the camera about the highs and lows of being both a husband and father. Coupled with the witty banter between the actors, the trailer is filled with playfulness and hilarity. Meanwhile, the promotional taglines of trailers for Stephen Chow’s comedies, which were unparalleled in the 1990s, are testimonials of his zany humour.
 
     The exhibition also presents trailers for martial arts and action films. In the trailer for “Spy with My Face” (1966), actresses Connie Chan and Nam Hung captivate film audiences with action and comedy alongside catchy title cards. In the trailers for Bruce Lee’s “The Big Boss” (1971) and “Fist of Fury” (1972), some of the most thrilling action scenes were showcased. Films produced with greater budgets often feature stunt scenes, explosion scenes, etc to entice audiences into purchasing film tickets.
 
     Trailers are the most important promotional tools of films. When films are shown overseas, there are different edits of trailers to cater for overseas markets. For example, Bruce Lee’s kung fu films “The Big Boss” and “Game of Death” (1978) have English trailers. The exhibition will also display different trailer editions of the film “Zu: Warriors from the Magic Mountain” (1983), which is a film combining Chinese myths, the wuxia genre and history for Hong Kong, the Japanese, the English and overseas markets. Trailers reflect how film companies target different audiences by adjusting their promotional focus.
 
     To deepen visitors’ understanding of film trailers, excerpts of interview videos with renowned actress Fung Bo-bo and experienced dubbing artist Ding Yue will be shown in the exhibition. In addition, interviews with filmmakers on different roles including directors Siu Wing, Bee Chan, Ho Cheuk-tin, Wilson Yip, Nick Cheuk, Jonathan Li, producers Terence Chang, Shu Kei, Amy Chin, editors Tony Chow, Chiang Kwok-kuen, Ng Wang-hung, and Wong Hoi will be rolled out at the exhibition in phases. Three screenings of selected trailers will also be held at the HKFA Cinema with free admission. Each screening will last for about an hour. Moreover, various filmmakers will share their experiences in film editing and film promotion in seminars.
 
     A tunnel of stars will also be set up at the exhibition, with screens on both sides of the tunnel showing star-studded clips of film trailers to provide an immersive experience to visitors. They can also take photos with a promotional cardboard of the cast of “The Quarrelsome Couple” (1959), including Patrick Tse, Patsy Kar Ling, Woo Fung and Nam Hung.
 
     Admission to the exhibition is free. For details, please visit www.filmarchive.gov.hk/en/web/hkfa/2024/trailer/pe-event-2024-trailer.html or call 2739 2139.
 
     The LCSD presented the first Hong Kong Pop Culture Festival last year to great acclaim. This year, the second edition features “Arts & Action” as its theme, taking audiences on a journey through time to explore the charm of Hong Kong’s pop culture. It encompasses both “Arts” (creative works) and “Action” (martial arts), an attempt to show the dynamic inheritance, diffusion, integration and breakthroughs within Hong Kong’s pop culture. The event lineup offers a diverse range of formats including thematic exhibitions, film screenings, stage performances and outreach activities and its rich content spans across literature, various art forms and martial arts, clearly showcasing how Hong Kong’s vibrant and diverse pop culture stands out from the rest. For more information, please visit www.pcf.gov.hk/en

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Appointment to Chief Executive’s Policy Unit Expert Group

     The Government announced today (May 28) the reappointment of 54 members of the Chief Executive’s Policy Unit (CEPU) Expert Group and the appointment of five new Expert Group members, with the term to be effective for one year starting from May 30, 2024.
 
     As an advisory body, the CEPU Expert Group was established in May 2023 and consists of members of different backgrounds including business, finance, professionals, think-tanks and academia to provide expert views and new ideas to the CEPU on various topics. To facilitate the work of the Expert Group and its conduct of more focused discussions, members of the Expert Group are assigned into three broad streams, namely the Economic Advancement Expert Group, the Social Development Expert Group and the Research Strategy Expert Group.
 
     The Head of the CEPU, Dr Stephen Wong, expressed his gratitude to the Expert Group members for their valuable insights and innovative ideas with a zeal for Hong Kong in their respective fields over the past year, and welcomed the new members on board. He said, “The CEPU and the Expert Group members maintained positive and efficient interactions over the past year. We have conducted four plenary meetings, three group meetings, and more than 20 individual meetings to consult the views of Expert Group members on various topics. The CEPU has also organised forums, seminars, sharing sessions, visits and more other activities to enhance the exchanges and interactions between CEPU and the Expert Group members.
 
     “I look forward to the Expert Group members working together in tendering expert views and new ideas for the longer-term development of Hong Kong in the coming year. The CEPU will also continue to reach out and tap into the views from all walks of life in society to assist the Government in forging ‘A Vibrant Economy for a Caring Community’.”
 
     For the details of the events of the Expert Group, please refer to the website of the CEPU:
(www.cepu.gov.hk/en/PUEG/expertGroup_events/expertGroup_events.html)
 
     The full membership of the Expert Group is as follows (listed in alphabetical order of surnames, with the new members marked in asterisk (*) ):

Economic Advancement Expert Group

Professor Ba Shusong*
Mrs Bonnie Chan Woo*
Dr Haywood Cheung
Mr Hong Xiaoyuan
Mr Peter Kung
Mr Adam Kwok
Mr Peter Lai
Mr David Lau
Dr Martin Lee
Ms Nisa Leung
Mr Laurence Li, SC
Mr Li Xiguang
Mr Dowson Tong
Mr Patrick Tsang
Dr Levin Wang
Mr Allen Yeung
Mr Samuel Yung
Mr Jonathan Zhu*
 
Social Development Expert Group

Mr Alan Chan
Dr Eugene Chan
Mr Kevin Chan
Mr Nicholas Chan
Mr Chen Shaobo
Mr Albert Lee
Mr Edward Liu
Ms Anthea Lo
Ms Lo Po-man
Mr Lo Wing-hung
Dr Lewis Luk
Dr Ma Jun
Dr Chloe Suen
Mr Tai Hay-lap
Dr Stephen Tai
Mr Tang Fei*
Mr Xu Lin

Research Strategy Expert Group

Professor Cai Hongbin
Professor Thomas Chan
Mr Chang Ka-mun
Professor Christopher Chao
Dr Francis Cheung
Dr Chow Man-kong
Dr Chow Pak-chin
Dr Guo Wanda
Professor Alfred Ho
Dr Henry Ho
Professor Huang Ping
Professor Lau Pui-king
Professor Lau Siu-kai
Professor Francis Lui
Professor Terry Lum
Professor Dennis Lo
Professor Mao Zhenhua
Professor Charles Ng
Professor Naubahar Sharif*
Dr Wang Fuqiang
Professor Richard Wong
Professor Wong Yuk-shan
Professor Xiao Geng
Professor Zheng Yongnian read more

Inspection of aquatic products imported from Japan

     In response to the Japanese Government’s plan to discharge nuclear-contaminated water at the Fukushima Nuclear Power Station, the Director of Food and Environmental Hygiene issued a Food Safety Order which prohibits all aquatic products, sea salt and seaweeds originating from the 10 metropolis/prefectures, namely Tokyo, Fukushima, Ibaraki, Miyagi, Chiba, Gunma, Tochigi, Niigata, Nagano and Saitama, from being imported into and supplied in Hong Kong.
 
     For other Japanese aquatic products, sea salt and seaweeds that are not prohibited from being imported into Hong Kong, the Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department will conduct comprehensive radiological tests to verify that the radiation levels of these products do not exceed the guideline levels before they are allowed to be supplied in the market.
 
     As the discharge of nuclear-contaminated water is unprecedented and will continue for 30 years or more, the Government will closely monitor and step up the testing arrangements. Should anomalies be detected, the Government does not preclude further tightening the scope of the import ban.
 
     From noon on May 27 to noon today (May 28), the CFS conducted tests on the radiological levels of 245 food samples imported from Japan, which were of the “aquatic and related products, seaweeds and sea salt” category. No sample was found to have exceeded the safety limit. Details can be found on the CFS’s thematic website titled “Control Measures on Foods Imported from Japan” (www.cfs.gov.hk/english/programme/programme_rafs/programme_rafs_fc_01_30_Nuclear_Event_and_Food_Safety.html).

     In parallel, the Agriculture, Fisheries and Conservation Department (AFCD) has also tested 50 samples of local catch for radiological levels. All the samples passed the tests. Details can be found on the AFCD’s website (www.afcd.gov.hk/english/fisheries/Radiological_testing/Radiological_Test.html).
 
     The Hong Kong Observatory (HKO) has also enhanced the environmental monitoring of the local waters. No anomaly has been detected so far. For details, please refer to the HKO’s website
(www.hko.gov.hk/en/radiation/monitoring/seawater.html).
 
     From August 24 to noon today, the CFS and the AFCD have conducted tests on the radiological levels of 54 596 samples of food imported from Japan (including 35 331 samples of aquatic and related products, seaweeds and sea salt) and 13 788 samples of local catch respectively. All the samples passed the tests. read more

Inspection of aquatic products imported from Japan

     In response to the Japanese Government’s plan to discharge nuclear-contaminated water at the Fukushima Nuclear Power Station, the Director of Food and Environmental Hygiene issued a Food Safety Order which prohibits all aquatic products, sea salt and seaweeds originating from the 10 metropolis/prefectures, namely Tokyo, Fukushima, Ibaraki, Miyagi, Chiba, Gunma, Tochigi, Niigata, Nagano and Saitama, from being imported into and supplied in Hong Kong.
 
     For other Japanese aquatic products, sea salt and seaweeds that are not prohibited from being imported into Hong Kong, the Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department will conduct comprehensive radiological tests to verify that the radiation levels of these products do not exceed the guideline levels before they are allowed to be supplied in the market.
 
     As the discharge of nuclear-contaminated water is unprecedented and will continue for 30 years or more, the Government will closely monitor and step up the testing arrangements. Should anomalies be detected, the Government does not preclude further tightening the scope of the import ban.
 
     From noon on May 27 to noon today (May 28), the CFS conducted tests on the radiological levels of 245 food samples imported from Japan, which were of the “aquatic and related products, seaweeds and sea salt” category. No sample was found to have exceeded the safety limit. Details can be found on the CFS’s thematic website titled “Control Measures on Foods Imported from Japan” (www.cfs.gov.hk/english/programme/programme_rafs/programme_rafs_fc_01_30_Nuclear_Event_and_Food_Safety.html).

     In parallel, the Agriculture, Fisheries and Conservation Department (AFCD) has also tested 50 samples of local catch for radiological levels. All the samples passed the tests. Details can be found on the AFCD’s website (www.afcd.gov.hk/english/fisheries/Radiological_testing/Radiological_Test.html).
 
     The Hong Kong Observatory (HKO) has also enhanced the environmental monitoring of the local waters. No anomaly has been detected so far. For details, please refer to the HKO’s website
(www.hko.gov.hk/en/radiation/monitoring/seawater.html).
 
     From August 24 to noon today, the CFS and the AFCD have conducted tests on the radiological levels of 54 596 samples of food imported from Japan (including 35 331 samples of aquatic and related products, seaweeds and sea salt) and 13 788 samples of local catch respectively. All the samples passed the tests. read more