HAD to open temporary night heat shelters

     The Home Affairs Department will open 19 temporary night heat shelters tonight (July 7) 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 hotline before midnight on 2572 8427.
 
     The 19 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 –
Causeway Bay Community Centre
3/F, 7 Fook Yum Road, Causeway Bay
 
Southern –
Lei Tung Community Hall
Lei Tung Estate, Ap Lei Chau
 
Wan Chai –
Wan Chai Activities Centre
LG/F, Wan Chai Market, 258 Queen's Road East, Wan Chai
 
Kowloon Districts:
——————
 
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:
————————–
 
Islands –
Tung Chung Community Hall
G/F, Tung Chung Municipal Services Building,
39 Man Tung Road, Tung Chung
 
Kwai Tsing –
Kwai Shing Community Hall
Podium, Block 6, Kwai Shing West Estate, Kwai Chung
 
North –
Cheung Wah Community Hall
Cheung Wah Estate, Fanling
 
Sai Kung –
Hang Hau Community Hall
G/F, Sai Kung Tseung Kwan O Government Complex,
38 Pui Shing Road, Hang Hau, Tseung Kwan O
 
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

     The temporary night heat shelters will resume their functions as either community centres or community halls in the daytime for hire by the local community and cannot continue to be open as heat shelters. People may choose to take refuge from the heat during the daytime in the common areas in any of the 21 designated community centres or community halls. Their opening hours are from 9am to 10pm. For addresses of the community centres or community halls, please browse the following webpage: www.had.gov.hk/file_manager/en/documents/public_services/emergency_services/List_CH_CC_Day_E.pdf.




Lands Department issues seven pre-sale consents in second quarter of 2020

     The Lands Department (LandsD) issued seven pre-sale consents for residential developments in the second quarter of 2020.

     The seven pre-sale consents for six residential developments (of which four are phased developments) involve a total of 1 314 residential units. Three developments in Shouson Hill, Kowloon Tong and Tuen Mun, comprising a total of 83 residential units, are expected to be completed in 2020. One phase of a phased development in Sham Shui Po and two phases of a phased development in North Point, comprising a total of 818 residential units, are expected to be completed in 2021. One phase of a phased development in Kwun Tong, comprising 413 residential units, is expected to be completed in 2022.   
      
     The department also issued two consents to assign in the second quarter of 2020. The two consents to assign involve a total of 637 residential units in two phased developments in Tuen Mun and Mid-Levels West.
      
     As at the end of June 2020, 30 applications for pre-sale consent for residential developments and seven applications for pre-sale consent for non-residential developments were being processed.
      
     The 30 applications in respect of residential developments being processed involve a total of 14 371 residential units. Details are set out as follows:
     

No. of applications Year in which developments are expected to be completed No. of residential units involved
5 2021 573
16 2022 8 237
9 2023 5 561

     In addition, one application for consent to assign involving 1 600 residential units was being processed.
      
     Members of the public can obtain up-to-date information on consents issued for the past quarter and cases pending approval as at the end of June 2020 by visiting the LandsD's website (www.landsd.gov.hk).
      
     Intending purchasers are advised to study carefully the details of the development and the sale procedures, through information available from public advertisements, and sales brochures and price lists released by the developer, before making a deposit for purchase. The sales brochure for a development also contains a summary of the provisions of the Deed of Mutual Covenant, including information on the common parts, the number of undivided shares assigned to each unit, the term of years for which the manager is appointed, the basis on which the management expenses are shared among the owners of the units, the basis on which the management fee deposit is fixed and the retained areas (if any), as well as a summary of the provisions of the government land grant, which intending purchasers are recommended to read carefully.




Hong Kong’s latest foreign currency reserve assets figures released

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announced today (July 7) that the official foreign currency reserve assets of Hong Kong amounted to US$445.9 billion as at the end of June 2020 (end-May 2020: US$442.4 billion) (Annex).
 
     Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of June 2020 amounted to US$444.8 billion (end-May 2020: US$440.9 billion).
 
     The total foreign currency reserve assets of US$445.9 billion represent over six times the currency in circulation or about 46 per cent of Hong Kong dollar M3.
 
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     At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month.  Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS).  The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency.  For the month of July 2020, the scheduled dates for issuing the press releases are as follows:
 

July 7 SDDS International Reserves
(Hong Kong's latest foreign currency reserve assets figures)
 
July 14
 
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
 
July 31 SDDS Template on International Reserves and Foreign Currency Liquidity
 
July 31 Exchange Fund Abridged Balance Sheet and Currency Board Account
 

 




Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Tuesday, July 7, 2020 is 107.2 (down 0.1 against yesterday's index).




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 7, 2020
Paper on offer : EF Bills
Issue number : Q2028
Issue date : July 8, 2020
Maturity date : October 7, 2020
Amount applied : HK$149,975 MN
Amount allotted : HK$59,313 MN
Average yield accepted : 0.14 PCT
Highest yield accepted : 0.17 PCT
Pro rata ratio : About 12 PCT
Average tender yield : 0.24 PCT
****************************
Tender date : July 7, 2020
Paper on offer : EF Bills
Issue number : H2057
Issue date : July 8, 2020
Maturity date : January 6, 2021
Amount applied : HK$42,940 MN
Amount allotted : HK$18,000 MN
Average yield accepted : 0.16 PCT
Highest yield accepted : 0.20 PCT
Pro rata ratio : About 49 PCT
Average tender yield : 0.30 PCT
****************************
Tender date : July 7, 2020
Paper on offer : EF Bills
Issue number : Y2091
Issue date : July 8, 2020
Maturity date : July 7, 2021
Amount applied : HK$21,455 MN
Amount allotted : HK$5,000 MN
Average yield accepted : 0.18 PCT
Highest yield accepted : 0.20 PCT
Pro rata ratio : About 17 PCT
Average tender yield : 0.30 PCT

 
———————————————————
     Hong Kong Monetary Authority tenders to be held in the week beginning July 13, 2020:
 

Tender date : July 14, 2020
Paper on offer : EF Bills
Issue number : Q2029
Issue date : July 15, 2020
Maturity date : October 14, 2020
Tenor : 91 Days
Amount on offer : HK$61,315 MN
****************************
Tender date : July 14, 2020
Paper on offer : EF Bills
Issue number : H2058
Issue date : July 15, 2020
Maturity date : January 13, 2021
Tenor : 182 Days
Amount on offer : HK$18,000 MN