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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.

HK returnee reminder issued

The Government today reminded Hong Kong residents who wish to return to Hong Kong from Guangdong under the Return2hk scheme to fulfil all the specified conditions in order to be exempted from the 14-day compulsory quarantine requirement upon their return.   It noted that many Hong Kong residents are returning to the city from Guangdong after the Lunar New Year holiday.   The specified conditions include not having been to places other than Hong Kong, Guangdong or Macau in the past 14 days; being able to present the proof of a valid negative nucleic acid test result conducted in any medical institution located in Guangdong or Macau that is mutually recognised by the governments of Hong Kong and Guangdong/Hong Kong and Macau upon arrival; and holding a Return2hk Scheme quota allocation and returning to Hong Kong on the date and at the boundary control point as specified in the booking.   Hong Kong residents who wish to return under the scheme should apply under a quota online.   Those who have successfully applied for a quota allocation should allow sufficient time for taking a COVID-19 nucleic acid test at one of the medical institutions mutually recognised by the governments of Hong Kong and Guangdong/Hong Kong and Macau.   The sample should be taken within three days prior to or on the day of the person's entry into Hong Kong.   There are 51 recognised medical institutions in Guangdong and four in Macau. The lists of recognised medical institutions are available on the Return2hk scheme's dedicated website.   To ensure smooth immigration clearance at the boundary control points, Hong Kong residents who intend to return to the city under the scheme are strongly advised to come back on the date and at the boundary control point as specified in their booking as well as complete the code conversion process through the Yuekang code or the Macao Health Code within 24 hours before setting off to obtain a green QR code.   A dedicated channel has been set up at the boundary control points for travellers with a green QR code.   They should also bring their Hong Kong identity card or other identification documents, the confirmation of a successful booking as well as proof of a valid negative nucleic acid test result for checking if necessary.   If the code conversion process generates a QR code of a different colour, it means the traveller has yet to fulfil all the specified conditions, and he or she may still be subject to the 14-day compulsory quarantine requirement upon entry into Hong Kong.   User guides on code conversion for the easy reference of returning Hong Kong residents are available.   Call 3142 2330 for enquiries.

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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