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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

Central, Western testing checks end

The Government today completed a joint enforcement operation on a compulsory testing notice for two buildings in Central & Western District.   The notice covered The Grand Panorama Block 1, 10 Robinson Road and Po Hing Mansion, 2-8 Po Hing Fong.   The enforcement action was conducted from around 7am to 10.30am by the Central & Western District Office together with Police and the Centre for Health Protection.   About 560 residents’ test records were checked during the operation. Among them, 10 people were found to have violated the compulsory testing notice.   Noting that the enforcement process may cause inconvenience to residents, the Government appealed for their understanding as the operation was conducted to stop the spread of COVID-19.
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