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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

Yau Ma Tei restricted area set

The Government has made a restriction-testing declaration to require people within the specified restricted area at 9-27 Pitt Street and 3 Tung On Street in Yau Ma Tei from 7pm today to stay in their premises and undergo compulsory testing for COVID-19 in accordance with its arrangement.   It exercised the power under the Prevention & Control of Disease (Compulsory Testing for Certain Persons) Regulation (Cap 599J) today and aims to finish the exercise at about 6am tomorrow with a view to allowing residents to get to work in the morning.   The Government added that it had issued compulsory testing notices in respect of 15-27 Pitt Street and 3 Tung On Street, but outbreaks in the area remained severe.   From January 11 to 25, more than 40 confirmed cases were recorded in the above-mentioned areas, involving three buildings. The Centre for Health Protection had earlier evacuated some residents living on Pitt Street within the restricted area to a quarantine centre.   The Government pointed out that those buildings in the restricted area are relatively old and lack maintenance, adding that subdivided units are common and the infection risk in the community is quite high.   The sewage samples found in the relevant buildings also tested positive, which implied possibly an infection risk, it noted.   The Government will set up temporary specimen collection stations at the restricted area and request people subject to compulsory testing to undergo testing before midnight tonight.   They must stay at their place of residence until all test results are ascertained to avoid the risk of cross-infection.   The Government will arrange door-to-door specimen collection for people with impaired mobility and seniors or make arrangements for them to self-collect and submit the deep throat saliva specimen.   If employees are unable to go to work because of the declaration, the Government urges their employers to exercise discretion and not deduct the employees' salary or benefits.   The Government has prepared food and basic cleaning tools for those residents restricted by the declaration.   The Home Affairs Department has set up a hotline 2572 8427 for enquiries and a dedicated hotline 3755 6816 for ethnic minorities.
http://dlvr.it/RrQy9X

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124 COVID-19 cases reported

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