Tag Archives: China

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

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Fubon Bank (Hong Kong) Limited relating to a fraudulent website and phishing instant messages, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
      
     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or One-Time Password, by phone, email or SMS (including via embedded hyperlinks).
      
     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the website or instant messages concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (March 4) that a tender of 20-year Government Bonds (Bonds) through the re-opening of existing 20-year Government Bond issue 20GB4205 under the Institutional Bond Issuance Programme will be held on March 13, 2024 (Wednesday), for settlement on March 14, 2024 (Thursday).

     An additional amount of HK$0.5 billion of the outstanding 20-year Bonds (issue no. 20GB4205) will be on offer. The Bonds will mature on May 26, 2042, and will carry interest at the rate of 3.30 per cent per annum payable semi-annually in arrears. The Indicative Pricings of the Bonds on March 4, 2024 are 87.77 with an annualised yield of 4.320 per cent.

     Under the Institutional Bond Issuance Programme, tender is open only to Recognized Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
 
     Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, the Refinitiv screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3pm on the tender day.

HKSAR Government Institutional Bond Issuance Programme tender information
—————————————————————————————–
     Tender information of re-opening of 20-year Government Bonds under the Institutional Bond Issuance Programme:
 

Issue Number	:	20GB4205 (Re-open)
Stock Code	:	4255 (HKGB 3.30 4205)
Tender Date and Time	:	13 March 2024 (Wednesday) 9.30am to 10.30am
Issue and Settlement Date for Tender Amount	:	14 March 2024 (Thursday)
Amount on Offer	:	HK$0.5 billion
Maturity	:	20 years
Remaining Maturity	:	Approximately 18.21 years
Maturity Date	:	26 May 2042
Interest Rate	:	3.30% p.a. payable semi-annually in arrears
Interest Payment Dates	:	27 May 2024 26 November 2024 26 May 2025 26 November 2025 26 May 2026 26 November 2026 26 May 2027 26 November 2027 26 May 2028 27 November 2028 28 May 2029 26 November 2029 27 May 2030 26 November 2030 26 May 2031 26 November 2031 26 May 2032 26 November 2032 26 May 2033 28 November 2033 26 May 2034 27 November 2034 28 May 2035 26 November 2035 26 May 2036 26 November 2036 26 May 2037 26 November 2037 26 May 2038 26 November 2038 26 May 2039 28 November 2039 28 May 2040 26 November 2040 27 May 2041 26 November 2041 26 May 2042
Method of Tender	:	Competitive tender
Tender Amount	:	Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list.   The accrued interest to be paid by successful bidders on the issue date (14 March 2024) for the tender amount is HK$488.22 per minimum denomination of HK$50,000.   (The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other Details	:	Please see Information Memorandum available on the Hong Kong Government Bonds website at www.hkgb.gov.hk or approach Primary Dealers.
Expected commencement date of dealing on the Stock Exchange of Hong Kong Limited	:	The tender amount is fully fungible with the existing 20GB4205 (Stock code: 4255) listed on the Stock Exchange of Hong Kong.

 
     Price/Yield Table of the Government Bonds at tender (for reference only*):
 

Yield-to-Maturity	Price	Yield-to-Maturity	Price
3.320	100.09	4.320	87.76
3.370	99.43	4.370	87.19
3.420	98.76	4.420	86.63
3.470	98.11	4.470	86.08
3.520	97.46	4.520	85.53
3.570	96.81	4.570	84.98
3.620	96.17	4.620	84.44
3.670	95.54	4.670	83.90
3.720	94.91	4.720	83.37
3.770	94.29	4.770	82.84
3.820	93.67	4.820	82.32
3.870	93.05	4.870	81.80
3.920	92.45	4.920	81.28
3.970	91.84	4.970	80.77
4.020	91.24	5.020	80.26
4.070	90.65	5.070	79.76
4.120	90.06	5.120	79.26
4.170	89.48	5.170	78.76
4.220	88.90	5.220	78.27
4.270	88.33	5.270	77.79
4.320	87.76	5.320	77.30

 
*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. read more

     The effective exchange rate index for the Hong Kong dollar on Monday, March 4, 2024 is 105.0 (same as last Saturday’s index).

     â€‹The effective exchange rate index for the Hong Kong dollar on Saturday, March 2, 2024 was 105.0 (down 0.1 against last Friday’s index). read more

     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 March 1 to noon today (March 4), the CFS conducted tests on the radiological levels of 288 food samples imported from Japan, which were of the “aquatic and related products, seaweeds and sea salt” category, in the past three days (including last Saturday and Sunday). 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 150 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 34 003 samples of food imported from Japan (including 22 806 samples of aquatic and related products, seaweeds and sea salt) and 9 524 samples of local catch respectively. All the samples passed the tests.
  read more

     The Air Accident Investigation Authority (AAIA) today (March 4) published the investigation report (01-2024) on the investigation into an in-flight breakup accident involving a Robinson R44 II helicopter (registration mark B-KTK) of… read more