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 : July 9, 2024
Paper on offer : EF Bills
Issue number : Q2428
Issue date : July 10, 2024
Maturity date : October 9, 2024
Amount applied : HK$141,543 MN
Amount allotted : HK$65,312 MN
Average yield accepted : 4.47 PCT
Highest yield accepted : 4.51 PCT
Pro rata ratio* : About 88 PCT
Average tender yield : 4.58 PCT
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Tender date : July 9, 2024
Paper on offer : EF Bills
Issue number : H2457
Issue date : July 10, 2024
Maturity date : January 8, 2025
Amount applied : HK$50,920 MN
Amount allotted : HK$19,000 MN
Average yield accepted : 4.38 PCT
Highest yield accepted : 4.41 PCT
Pro rata ratio* : About 97 PCT
Average tender yield : 4.54 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 July 15, 2024:
 
Tender date : July 16, 2024
Paper on offer : EF Bills
Issue number : Q2429
Issue date : July 17, 2024
Maturity date : October 16, 2024
Tenor : 91 Days
Amount on offer : HK$64,314 MN
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Tender date : July 16, 2024
Paper on offer : EF Bills
Issue number : H2458
Issue date : July 17, 2024
Maturity date : January 15, 2025
Tenor : 182 Days
Amount on offer : HK$19,800 MN
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LD reminds employers and employees to take heat stroke preventive measures in times of Heat Stress at Work Warning

     â€‹As the Heat Stress at Work Warning is now in effect, the Labour Department (LD) reminds employers and employees to take appropriate measures during the effective period of the warning to prevent heat stroke when working in hot weather or hot environments.
      
     Employees who work outdoors or in non-air-conditioned indoor environments face high levels of heat stress and are at a relatively higher risk of heat stroke. Employers should assess the risk factors of heat stress for employees at work and, based on the identified risk factors, take necessary preventive and control measures, including rescheduling work periods, setting up shading covers, providing ventilation and heat dissipation equipment, and reminding employees to replenish water and rest in a timely manner.
      
     The Heat Stress at Work Warning is formulated by the LD based on the Hong Kong Heat Index. There are three levels of the warning: Amber, Red and Black, which help employers and employees better understand the level of heat stress while working outdoors or indoors without air-conditioning systems.
      
     A spokesman for the LD said that when the department issues the Heat Stress at Work Warning, employers must refer to the criteria and recommendations provided in the “Guidance Notes on Prevention of Heat Stroke at Work” to conduct risk assessments, according to the workloads and other relevant heat stress risk factors, for employees who work outdoors or in non-air-conditioned indoor workplaces. Appropriate rest breaks should be arranged every hour, as far as reasonably practicable, based on various levels of the Heat Stress at Work Warning, to reduce employees’ risk of heat stroke.
      
     Employees must also follow instructions to rest on time. Whenever there are any symptoms of heat-related illnesses, such as headache, dizziness, thirst, and nausea, they should rest in a cool and shady place, drink water, and inform employers/supervisors to take appropriate action immediately.
      
     The LD issued the “Guidance Notes on Prevention of Heat Stroke at Work”, detailing the various risk factors that should be considered when conducting heat stress risk assessments and recommending corresponding control measures for identified risk factors for employers’ and employees’ reference. For the Heat Stress at Work Warning and related guidelines, please refer to the department’s thematic webpage: www.labour.gov.hk/eng/news/prevention_of_heat_stroke_at_work.htm. read more

EMSD organises E&M I&T Day 2024 (with photos)

     E&M I&T Day 2024, with the theme of “Artificial Intelligence (AI) Application in Electrical and Mechanical (E&M) Industry”, is being held today (July 9) and tomorrow (July 10) at the Hong Kong Science Park.

     Organised by the Electrical and Mechanical Services Department (EMSD), with support from the Hong Kong Science and Technology Parks Corporation, the event provides the trade with a platform for interactive exchanges and experience sharing on AI applications.

     At today’s event, the EMSD announced the launch of the E&M InnoCatalogue on E&M InnoPortal (inno.emsd.gov.hk). The catalogue shares the EMSD’s remarkable innovation and technology (I&T) trials with the industry and the public to promote wider application and commercialisation of innovative E&M technologies.

     Speaking at the launching ceremony, the Deputy Director (Trading Services) of Electrical and Mechanical Services, Mr Richard Chan, said that as the Government’s innovation facilitator, the EMSD fully supports the Government’s policy in promoting I&T development and leverages innovative technologies to enhance services in support of the national initiative of promoting “new quality productive forces” and the “AI Plus” initiative.

     E&M I&T Day 2024 brings together about 20 Hong Kong, Mainland and overseas exhibitors to showcase their I&T achievements and solutions in AI applications in the E&M industry. Representatives from government departments, public organisations, E&M and I&T sectors, and tertiary institutions are also sharing their experiences in AI applications in the E&M industry.

     For details of the event, please visit inno.emsd.gov.hk/en/others/highlight/index_id_81.html.

Photo  Photo  
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