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Author Archives: hksar gov

HAD to open temporary night heat shelters

     The Home Affairs Department will open 15 temporary night heat shelters tonight (May 18) for people in need of the service.
      
     The shelters will be open from 10.30pm until 8am tomorrow.
      
     For further information, please call the department’s enquiry hotline before midnight on 2835 1473.
      
     The 15 temporary night heat shelters are located at:
      
Hong Kong Districts:
———————
 
Central and Western –
Sai Ying Pun Community Complex Community Hall
3/F, Sai Ying Pun Community Complex,
2 High Street, Sai Ying Pun
 
Eastern/Wan Chai –
Causeway Bay Community Centre
7 Fook Yum Road, Causeway Bay
 
Kowloon Districts:
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Kowloon City –
Hung Hom Community Hall
1/F, Kowloon City Government Offices,
42 Bailey Street, Hung Hom
 
Kwun Tong –
Lam Tin (West) Estate Community Centre
71 Kai Tin Road, Lam Tin
 
Sham Shui Po –
Shek Kip Mei Community Hall
G/F, Block 42, Shek Kip Mei Estate, Sham Shui Po
 
Wong Tai Sin –
Tsz Wan Shan (South) Estate Community Centre
45 Wan Wah Street, Tsz Wan Shan
 
Yau Tsim Mong –
Henry G Leong Yaumatei Community Centre
60 Public Square Street, Yau Ma Tei
 
New Territories Districts:
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Kwai Tsing –
Kwai Shing Community Hall
Podium, Block 6, Kwai Shing West Estate, Kwai Chung
 
North –
Cheung Wah Community Hall
Cheung Wah Estate, Fanling
 
Sha Tin –
Lung Hang Estate Community Centre
Lung Hang Estate, Sha Tin
 
Tai Po –
Tai Po Community Centre
2 Heung Sze Wui Street, Tai Po
 
Tsuen Wan –
Lei Muk Shue Community Hall
G/F, Hong Shue House, Lei Muk Shue Estate, Tsuen Wan
 
Tuen Mun –
Butterfly Bay Community Centre
Butterfly Estate (near Tip Sum House), Tuen Mun
 
Yuen Long –
Long Ping Community Hall
Long Ping Estate, Yuen Long
 
Yuen Long –
Tin Yiu Community Centre
Tin Yiu Estate, Tin Shui Wai read more

Sick remand person in custody dies in public hospital

     A sick 59-year-old male remand person in custody at Lai Chi Kok Reception Centre died in a public hospital yesterday (May 17).

     The remand person in custody suffered from stomach cancer. He required continuous medical care and follow-up at the institution hospital and public hospitals. On May 9, he was sent to a public hospital for treatment due to deteriorated physical condition. During hospitalisation, his condition further deteriorated and he was certified dead at 11.37pm yesterday.

     The case has been reported to the Police. A death inquest will be held by the Coroner’s Court.

     The remand person in custody was remanded for the offence of trafficking in a dangerous drug in January 2018. read more

Mainland financial group chooses Hong Kong for regional headquarters (with photo)

     Mainland financial group Atom Capital (Hong Kong) Limited announced today (May 18) that it has set up its regional headquarters in Hong Kong, leveraging the city’s status as an international financial centre to expand its business in the region.

     The company is a Mainland start-up that offers investment services such as hedge fund and foreign exchange trading as well as private equity and the Internet-based finance for high net worth individuals and institutional investors. Its service network covers major financial centres in Greater China, Singapore, New York, London and the European Union, says its Chief Executive Officer, Mr Zhou Yi.

     “Hong Kong is a leading financial centre in the Asian region and is highly renowned for its geographic location and versatility in financial services. Therefore it is only natural for Atom Capital to headquarter in a sophisticated financial hub such as Hong Kong.

     “The regulatory environment in Hong Kong is unique and globally recognised. It gives our clients a lot of confidence if we base our operations here. In addition, the city’s geographic location means good coverage across the north Asia markets and nearby countries,” said Mr Yi.

     The Associate Director-General of Investment Promotion, Dr Jimmy Chiang, said, “Hong Kong serves as an important two-way platform for Mainland enterprises looking to go global and foreign firms seeking access to Mainland China. Together with its strategic location at the heart of Asia, it is an ideal place for Atom Capital to serve the growing number of high net worth individuals and institutions in the region.”

About Atom Capital (Hong Kong) Limited

     Based on the goal of “managing risk, increasing profits”, Atom Capital (Hong Kong) Limited aims to generate substantial wealth for high net worth individuals and institutional investors through its professional investment services. The company’s investment team is experienced in the areas of law, trading, wealth management and IPO placements. For more information, please www.atomgp.com.

About Invest Hong Kong

     Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies enrolled as its clients. For more information, please visit www.investhk.gov.hk.

     For an event photo, please visit www.flickr.com/photos/investhk/albums/72157696287146194.

Photo  
read more

HKMA welcomes further enhancement of cross-border fund flow management by PBoC

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

     The Hong Kong Monetary Authority (HKMA) welcomes the announcement today (May 18) by the People’s Bank of China (PBoC) of a series of measures to further enhance cross-border fund flow management.
      
     The Chief Executive of the HKMA, Mr Norman Chan, said, “As RMB internationalisation continues to progress and mutual access of capital markets between the two places further deepens, market demand for offshore RMB liquidity will increase.  The HKMA has all along maintained close dialogue with the PBoC to study measures to facilitate cross-border RMB fund flows.  We believe that the new measures will help ensure the offshore market to continue to function orderly and efficiently, and support Hong Kong’s development as the global offshore RMB business hub.”
      
     The measures announced by the PBoC cover the existing policy frameworks under which offshore RMB business clearing banks and participating banks can tap RMB liquidity from the onshore market to support offshore RMB business development, as well as duly implementing PBoC’s bilateral currency swap agreements; adjusting the required reserve ratio of the RMB deposits placed by Hong Kong’s RMB business clearing bank in the settlement account in PBoC’s Shenzhen Sub-branch to zero percent; and further enhancing the currency conversion mechanism for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect to facilitate overseas investors to choose to use RMB or foreign currencies for investments. read more