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Foreign currency reserves up

Hong Kong's foreign currency reserve assets rose to US$423.2 billion in November from October's US$417.2 billion, the Monetary Authority announced today.   The reserve assets represent over five times the currency in circulation or about 42% of Hong Kong dollar M3.   There were no unsettled foreign exchange contracts at the end of November. http://dlvr.it/Sf21yd

55 COVID-19 cases reported

The Centre for Health Protection today announced it is investigating an additional 55 COVID-19 cases, of which 51 are locally transmitted.   Sixteen of the local cases are untraceable, the centre’s Communicable Disease Branch Head Dr Chuang Shuk-kwan said at a press briefing this afternoon.   Dr Chuang pointed out that more than 80 preliminary positive cases have also been detected.   She said: “I understand that quite a few cases are reported from the community testing centre in Yau Ma Tei.   “It is possible that with the compulsory testing, more local residents know about this test and come forward for testing. Hopefully, we can investigate them and stop the spread.   "But of course, the sheer number of cases - so many cases - is a concern because any one of them may cause a major outbreak in the community and a further spread.”   Additionally, Dr Chuang said one of the confirmed local cases is a resident of an elderly care home.   “The elderly person mainly stayed in the home, so we suspect that there may be some silent transmissions in the elderly home.   “Because we have one case, so it’s possible that there may be some other cases later on or that have gone undetected at the moment, so we have put all of them under quarantine in the AsiaWorld-Expo at the present moment.”   For information and health advice on COVID-19, visit the Government's dedicated webpage.
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124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open