Tag Archives: China

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Exchange Fund Notes Tender Results

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

Exchange Fund Notes Tender Results
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Tender date : May 21, 2021
Paper on offer : EF Notes
Issue number : 02Y2305
Issue date : May 24, 2021
Maturity date : May 24, 2023
Coupon   0.14% p.a.
Competitive Tender Result    
Amount applied : HK$13,300 MN
Amount allotted : HK$1,200 MN
Average price accepted (yield) : 100.06 (0.11 PCT)
Lowest price accepted (yield) : 100.06 (0.11 PCT)
Pro rata ratio* : About 29 PCT
Average tender price (yield) : 100.01 (0.13 PCT)
Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)
Amount applied : NIL
Amount allotted : NIL
Allotment Price (yield) : NIL
 
* “Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “lowest price accepted” level. read more

CHP investigates one additional confirmed case of COVID-19

     The Centre for Health Protection (CHP) of the Department of Health (DH) announced that as of 0.00am, May 21, the CHP was investigating one additional confirmed case of coronavirus disease 2019 (COVID-19), taking the number of cases to 11 830 in Hong Kong so far (comprising 11 829 confirmed cases and one probable case).
 
     The newly reported case is an imported case.
 
     The CHP continues to investigate an overseas case involving an 18-year-old female patient as announced yesterday. After notification on May 19 by the Guangdong health authority, further information revealed that she had stayed at the Cosco Inn, Kennedy Town, from April 29 to May 5. The premise will be included in the Compulsory Testing Notice (CTN) today.

     A total of 30 cases have been reported in the past 14 days (May 7 to 20), including five local cases of which one is from an unknown source.

     Subsequent to the announcement by the CHP on the updated quarantine arrangements of local COVID-19 cases with the N501Y mutant strain, the CHP reminded that persons who resided or worked within the same building as the residence of relevant cases and had been released from the quarantine centres will be subject to compulsory testing on days 3, 7, 12 and 19 following the announcement of the relevant confirmed cases by the DH. A CTN was issued on May 7 (www.gld.gov.hk/egazette/pdf/202125124e/egn202125124278.pdf). They will also be required to undergo self-monitoring until the 21st day.

     Specified persons in relation to the following specified premises are reminded to undergo compulsory testing in accordance with the CTN tomorrow:
–   Beauty Mansion, 69-71A Kimberley Road, Yau Tsim Mong; and
–   Block R, Allway Gardens, 2 On Yat Street, Tsuen Wan.

     Members of the public can check the deadlines of compulsory testing for respective specified premises as stipulated in the aforementioned CTN on the Government’s website (www.coronavirus.gov.hk/pdf/CTN_Specified_premises_and_Dates_of_Testing.pdf).

     The CHP’s epidemiological investigations and relevant contact tracing on the confirmed cases are ongoing. For case details and contact tracing information, please see the Annex or the list of buildings with confirmed cases of COVID-19 in the past 14 days and the latest local situation of COVID-19 available on the website “COVID-19 Thematic Website” (www.coronavirus.gov.hk).
 
     Meanwhile, the CHP reminded those who had visited specified venues under the Prevention and Control of Disease (Compulsory Testing for Certain Persons) Regulation (Cap. 599J) to receive COVID-19 nucleic acid testing according to the CTNs. The Regulation also requires all household members of close contacts of confirmed cases to undergo a COVID-19 nucleic acid test within a specified period according to CTNs published in the Gazette. The public are also urged to seek medical attention early if symptoms develop and undergo testing as soon as possible.
 
     The Government has launched the COVID-19 Vaccination Programme. Members of the public are encouraged to get vaccinated. Details of the programme can be found at the designated website (www.covidvaccine.gov.hk).
 
     The CHP called on members of the public to avoid going out, having social contact and dining out. They should put on a surgical mask and maintain stringent hand hygiene when they need to go out. The CHP strongly urged the elderly to stay home as far as possible and avoid going out. They should consider asking their family and friends to help with everyday tasks such as shopping for basic necessities.
 
     The spokesman said, “Given that the situation of COVID-19 infection remains severe and that there is a continuous increase in the number of cases including mutant strains reported around the world, members of the public are strongly urged to avoid all non-essential travel outside Hong Kong.

     “The CHP also strongly urges the public to maintain at all times strict personal and environmental hygiene, which is key to personal protection against infection and prevention of the spread of the disease in the community. On a personal level, members of the public should wear a surgical mask when having respiratory symptoms, taking public transport or staying in crowded places. They should also perform hand hygiene frequently, especially before touching the mouth, nose or eyes.  Moreover, vaccination may help keep you from getting seriously ill even if you do get COVID-19 and generally speaking, vaccines can also reduce the chance of transmission by those who have been vaccinated. People vaccinated with the COVID-19 vaccine can also generate herd immunity. Please get vaccinated as soon as possible and book your vaccination at the website (booking.covidvaccine.gov.hk/forms/index.jsp).

     “As for household environmental hygiene, members of the public are advised to maintain drainage pipes properly and regularly pour water into drain outlets (U-traps). After using the toilet, they should put the toilet lid down before flushing to avoid spreading germs.”
 
     Moreover, the Government has launched the website “COVID-19 Thematic Website” (www.coronavirus.gov.hk) for announcing the latest updates on various news on COVID-19 infection and health advice to help the public understand the latest updates. Members of the public may also gain access to information via the COVID-19 WhatsApp Helpline launched by the Office of the Government Chief Information Officer. Simply by saving 9617 1823 in their phone contacts or clicking the link wa.me/85296171823?text=hi, they will be able to obtain information on COVID-19 as well as the “StayHomeSafe” mobile app and wristband via WhatsApp.
 
     To prevent pneumonia and respiratory tract infections, members of the public should always maintain good personal and environmental hygiene. They are advised to:
 
• Wear a surgical mask when taking public transport or staying in crowded places. It is important to wear a mask properly, including performing hand hygiene before wearing and after removing a mask;
• Perform hand hygiene frequently, especially before touching the mouth, nose or eyes, after touching public installations such as handrails or doorknobs, or when hands are contaminated by respiratory secretions after coughing or sneezing;
• Maintain drainage pipes properly and regularly (about once a week) pour about half a litre of water into each drain outlet (U-trap) to ensure environmental hygiene;
• After using the toilet, put the toilet lid down before flushing to avoid spreading germs;
• Wash hands with liquid soap and water, and rub for at least 20 seconds. Then rinse with water and dry with a disposable paper towel. If hand washing facilities are not available, or when hands are not visibly soiled, performing hand hygiene with 70 to 80 per cent alcohol-based handrub is an effective alternative;
• Cover your mouth and nose with tissue paper when sneezing or coughing. Dispose of soiled tissues into a lidded rubbish bin, then wash hands thoroughly; and
• When having respiratory symptoms, wear a surgical mask, refrain from work or attending class at school, avoid going to crowded places and seek medical advice promptly. read more

Vacancies in District Councils

     The Government declared by notices in the Gazette today (May 21) the existence of 12 vacant elected seats in the Southern District Council Tin Wan Constituency, the Tsuen Wan District Council Hoi Bun Constituency, the Kwun Tong District Council Tsui Ping Constituency, the Yuen Long District Council Tin Heng Constituency and Kingswood North Constituency, the Eastern District Council Yue Wan Constituency and Tanner Constituency, the Sai Kung District Council Yan Ying Constituency, the Tai Po District Council San Fu Constituency, Kwong Fuk and Plover Cove Constituency, and Tai Po Hui Constituency as well as the Kwai Tsing District Council Shek Yam Constituency.
           
     The nominations of Ms Yuen Ka Wai Tiffany, an elected member of the Southern District Council Tin Wan Constituency, and Mr Shum Lester, an elected member of the Tsuen Wan District Council Hoi Bun Constituency, were invalidated by the Returning Officers (ROs) in the discontinued 2020 Legislative Council General Election as they were determined by the ROs not in compliance with the declaration requirement under section 40(1)(b)(i) of the Legislative Council Ordinance (Cap. 542) to uphold the Basic Law and pledge allegiance to the Hong Kong Special Administrative Region of the People’s Republic of China. In accordance with section 24(2A)(b) of the amended District Councils Ordinance (Cap. 547) (the Ordinance), they are disqualified from holding office since today (the day when the amended Ordinance takes effect). Pursuant to section 26(c) of the Ordinance, their offices have become vacant since today.
           
     The Court of First Instance of the High Court ruled on February 2, 2021, that Mr Hung Chun Hin, an elected member of the Kwun Tong District Council Tsui Ping Constituency, was not duly elected. He lodged an appeal to the Court of Final Appeal and later filed an application to withdraw the application for leave to appeal, and the withdrawal application was granted by the Court of Final Appeal on May 4, 2021. In accordance with section 26(d) of the Ordinance, his office has become vacant since May 4, 2021. 
                
     Moreover, following the resignation of elected members set out in the table below, pursuant to section 26(b) of the Ordinance, their offices have become vacant since the dates specified in the table below.
 

Member Office has become vacant since
Mr Wong Pak Yu (Yuen Long District Council Tin Heng Constituency) May 5, 2021
Mr Chui Chi Kin (Eastern District Council Yue Wan Constituency) May 10, 2021
Mr Ng Kin Wai (Yuen Long District Council Kingswood North Constituency) May 10, 2021
Mr Chung Kam Lun (Sai Kung District Council Yan Ying Constituency) May 11, 2021
Mr Wu Yiu Cheong (Tai Po District Council San Fu Constituency) May 11, 2021
Mr Lin Kok Cheung Dalu (Tai Po District Council Kwong Fuk and Plover Cove Constituency)  May 11, 2021
Mr Wan Siu Kin Andrew (Kwai Tsing District Council Shek Yam Constituency) May 11, 2021
Mr Cheng Tat Hung (Eastern District Council Tanner Constituency)  May 11, 2021
Mr Lam Ming Yat (Tai Po District Council Tai Po Hui Constituency) May 12, 2021
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Result of tenders of People’s Bank of China RMB Bills held on May 21, 2021

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

     Result of the tenders of People’s Bank of China RMB Bills held on May 21, 2021: 
 

Tender Result
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Tender Date : May 21, 2021
     
Bills available for Tender

 
:

 
Three-month RMB Bills

 
Issuer

 
:

 
The People’s Bank of China

 
Issue Number

 
:

 
BCHKFP21005

 
     
Issue Date : May 25, 2021
     
Maturity Date : August 24, 2021 (or the closest coupon payment date)
     
Application Amount : RMB 30,550 million
     
Issue Amount : RMB 10,000 million
     
Average accepted Coupon Rate :  2.35 per cent
     
Highest accepted Coupon Rate    
(Bills’ Coupon) :  2.48 per cent
     
Lowest accepted Coupon Rate :  1.90 per cent
     
Allocation Ratio : Approximately 39.29 per cent
     
Tender Result
*********************************************************************
     
Tender Date : May 21, 2021
     
Bills available for Tender : One-year RMB Bills
 
Issuer
 
 
:
 
 
The People’s Bank of China
 

Issue Number
 
:
 
BCHKFP21006
 
     
Issue Date : May 25, 2021
     
Maturity Date : May 25, 2022 (or the closest coupon payment date)
     
Application Amount : RMB 37,635 million
     
Issue Amount : RMB 15,000 million
     
Average accepted Coupon Rate :  2.48 per cent
     
Highest accepted Coupon Rate    
(Bills’ Coupon) :  2.63 per cent
     
Lowest accepted Coupon Rate :  2.05 per cent
     
Allocation Ratio : Approximately 16.50 per cent
     
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