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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

Tests at restricted area completed

The Government announced that the compulsory testing exercise and enforcement operation for the restricted area in Tseung Kwan O finished today.   It exercised the power under the Prevention & Control of Disease (Compulsory Testing for Certain Persons) Regulation on March 19 to make a restriction-testing declaration, requiring people within the specified restricted area at Tower 9, La Splendeur, LOHAS Park to stay in their premises and undergo compulsory testing.   The Government also issued a compulsory testing notice to those who had been present in the building for more than two hours from March 6 to 19 to undergo compulsory testing on or before March 21, even if they were not in the restricted area when the declaration took effect.   As at 2am, 1,235 residents were tested and a second collection of specimen will be arranged for one of the residents as the original specimen collected was not suitable for testing.   Meanwhile, 13 people were found to have not undergone compulsory testing during the enforcement operation.   The Government assigned staff to visit about 450 households, of which around 60 did not answer the door.   Those who did not answer the door are urged to contact the Government to arrange testing as soon as possible.
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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