Effective Exchange Rate Index
The effective exchange rate index for the Hong Kong dollar on Tuesday, November 2, 2021 is 101.1 (down 0.2 against yesterday’s index). read more
Tag Archives: China
Hongkong Post to issue “Hong Kong Special Flora” special stamps (with photos)
Hongkong Post today (November 2) announced that a set of six stamps on the theme “Hong Kong Special Flora”, together with associated philatelic products, will be released for sale on November 16 (Tuesday). Named after Hong Kong, the six species of flowering plants depicted in this set of special stamps recalls the public’s connection with nature and encourages people to appreciate and protect this gift of nature.
The countryside of Hong Kong accounts for about three quarters of its land area, offering a spectacular range of mountains, open grasslands and woodlands. A varied topography and the subtropical climate contribute to the rich and diverse plant resources in Hong Kong. With clean lines and bold colours in impressionist strokes, the set of six stamps in this issue illustrates six species of flowering plants which were first discovered in Hong Kong and named after Hong Kong, including Hong Kong Camellia, Hong Kong Azalea, Hong Kong Primrose, Hong Kong Thismia, Hong Kong Hornbeam and Hong Kong Balsam.
Starting from November 16, this set of special stamps and associated philatelic products, including a first day cover (for sale separately from today), mint stamps, a souvenir sheet and a presentation pack, will be put on sale at all post offices, while the serviced first day covers will be available at philatelic offices only.
Information about this set of special stamps and associated philatelic products is available on the Hongkong Post Stamps website (stamps.hongkongpost.hk) and the ShopThruPost mobile app.
Exchange Fund Bills tender results
The following is issued on behalf of the Hong Kong Monetary Authority:
Exchange Fund Bills tender results:
| Tender date | : | November 2, 2021 |
| Paper on offer | : | EF Bills |
| Issue number | : | Q2144 |
| Issue date | : | November 3, 2021 |
| Maturity date | : | February 4, 2022 |
| Amount applied | : | HK$114,520 MN |
| Amount allotted | : | HK$41,958 MN |
| Average yield accepted | : | 0.02 PCT |
| Highest yield accepted | : | 0.02 PCT |
| Pro rata ratio* | : | About 69 PCT |
| Average tender yield | : | 0.03 PCT |
| **************************** | ||
| Tender date | : | November 2, 2021 |
| Paper on offer | : | EF Bills |
| Issue number | : | H2173 |
| Issue date | : | November 3, 2021 |
| Maturity date | : | May 4, 2022 |
| Amount applied | : | HK$44,200 MN |
| Amount allotted | : | HK$15,000 MN |
| Average yield accepted | : | 0.03 PCT |
| Highest yield accepted | : | 0.04 PCT |
| Pro rata ratio* | : | About 3 PCT |
| Average tender yield | : | 0.04 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 November 8, 2021 :
| Tender date | : | November 9, 2021 |
| Paper on offer | : | EF Bills |
| Issue number | : | Q2145 |
| Issue date | : | November 10, 2021 |
| Maturity date | : | February 9, 2022 |
| Tenor | : | 91 Days |
| Amount on offer | : | HK$45,813 MN |
| **************************** | ||
| Tender date | : | November 9, 2021 |
| Paper on offer | : | EF Bills |
| Issue number | : | H2174 |
| Issue date | : | November 10, 2021 |
| Maturity date | : | May 11, 2022 |
| Tenor | : | 182 Days |
| Amount on offer | : | HK$15,000 MN |
Land Registry releases statistics for October
The Land Registry today (November 2) released its statistics for October 2021. Land registration ———————- * The number of sale and purchase agreements for all building units received for registration in Oc… read more
Hong Kong Customs seizes suspected illicit cigarettes worth about $32 million (with photo)
​Hong Kong Customs yesterday (November 1) seized about 11.6 million suspected illicit cigarettes with an estimated market value of about $32 million and a duty potential of about $22 million at the Kwai Chung Customhouse Cargo Examination Compound.
Through risk assessment, Customs officers selected for inspection a 40-foot transshipment container, declared as carrying laminated plastic pouches, arriving from Vietnam and heading for the Philippines via Hong Kong. Upon inspection, Customs officers found the batch of suspected illicit cigarettes inside the container.
Investigation is ongoing.
Customs will continue its intelligence analysis and risk assessment for interception at source to combat illicit cigarette activities.
Smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years.
Members of the public may report any suspected illicit cigarette activities to Customs’ 24-hour hotline 2545 6182 or its dedicated crime-reporting email account (crimereport@customs.gov.hk).
