Tag Archives: China

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Judicial Appointments

The following is issued on behalf of the Judiciary:      The Judiciary today (June 8) announced the appointment of the Honourable Madam Justice Maggie Poon Man-kay, the Honourable Mr Justice Godfrey Lam Wan-ho and the Honour… read more

Exchange Fund Bills tender results

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

     Exchange Fund Bills tender results: 
 

Tender date : June 8, 2021
Paper on offer : EF Bills
Issue number : Q2123
Issue date   June 9, 2021
Maturity date : September 8, 2021
Amount applied : HK$108,280 MN
Amount allotted : HK$47,495 MN
Average yield accepted : 0.01 PCT
Highest yield accepted : 0.02 PCT
Pro rata ratio* : About 8 PCT
Average tender yield : 0.02 PCT
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Tender date : June 8, 2021
Paper on offer : EF Bills
Issue number : H2152
Issue date : June 9, 2021
Maturity date : December 8, 2021
Amount applied : HK$54,055 MN
Amount allotted : HK$9,000 MN
Average yield accepted : 0.03 PCT
Highest yield accepted : 0.04 PCT
Pro rata ratio* : About 1 PCT
Average tender yield : 0.04 PCT
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Tender date : June 8, 2021
Paper on offer : EF Bills
Issue number : Y2190
Issue date : June 9, 2021
Maturity date : June 8, 2022
Amount applied : HK$20,520 MN
Amount allotted : HK$3,000 MN
Average yield accepted : 0.03 PCT
Highest yield accepted : 0.04 PCT
Pro rata ratio* : About 37 PCT
Average tender yield : 0.06 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 – June 14, 2021:
     
Tender date : June 15, 2021
Paper on offer : EF Bills
Issue number : Q2124
Issue date : June 16, 2021
Maturity date : September 15, 2021
Tenor : 91 Days
Amount on offer : HK$44,354 MN
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Tender date : June 15, 2021
Paper on offer : EF Bills
Issue number : H2153
Issue date : June 16, 2021
Maturity date : December 15, 2021
Tenor : 182 Days
Amount on offer : HK$10,000 MN
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Tender date : June 18, 2021
Paper on offer : EF Bills
Issue number : M2101
Issue date : June 21,2021
Maturity date : July 28, 2021
Tenor : 37 Days
Amount on offer : HK$800 MN
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Transcript of remarks by CE at media session before ExCo (with video)

     Following is the transcript of remarks by the Chief Executive, Mrs Carrie Lam, at a media session before the Executive Council meeting today (June 8):

Reporter: Good morning. Two questions. Firstly, July 1 of this year marks the 24th anniversary of the Hong Kong Special Administrative Region and the centenary of the Communist Party of China. So, does the Government have plans to mark this special occasion? Secondly, what do you make of media reports that international study paid university students in Hong Kong to join protests in 2017? Thank you.
 
Chief Executive: Thank you for the two questions. Yes, in a few weeks’ time, Hong Kong will be celebrating the 24th anniversary of reunification with the Mainland and the establishment of the Hong Kong Special Administrative Region. As in previous years, the HKSAR Government will host various types of activities including the flag-raising ceremony and the reception on July 1. And I understand that many associations are also organising similar celebration activities under the restrictions imposed because of COVID-19. It perhaps will not be able to go back to previous years when there were large crowds attending receptions, dinners and large gatherings to celebrate this important day, but I believe that these sort of activities are still going on. This year is also the 100th anniversary of the establishment of the Chinese Communist Party. I have been invited, and I’m very pleased to be able to take part in some of the celebration activities including a seminar on the relationship between the Chinese Communist Party and “One Country, Two Systems” this Saturday, and also an exhibition on the achievements of the Party over the last century. These will be the activities that you will see are taking place in Hong Kong.
 
     The second question, I do not have all the facts with me. I could only say as a matter of principle that, based on the events that we have seen in the latter half of 2019 until the enactment and implementation of the National Security Law, I hope there is now no doubt in the minds of many people that there are external forces quite active in Hong Kong for their ulterior motive. And I have just, in response to one of the questions, mentioned about those ulterior motives, either they want to undermine the Chinese Government, or they have ideological prejudices against China. These external forces are at work, and how they are acting, penetrating into various institutions in Hong Kong including the universities, is something that everyone in position should be very sensitive to. If there are reports that things like this sort are taking place in the university, I would urge the university management, the council chairman and the president to be extremely careful and to make sure that university students will not be easily indoctrinated by those prejudices and bias, let alone to take part in activities that will breach the laws of Hong Kong. Thank you.

(Please also refer to the Chinese portion of the transcript.) read more