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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

Rural voter registration opens

The voter registration campaign for the 2021 Rural Representative Election opened today.   Those eligible should sign up by July 16, the Home Affairs Department said.   There are three types of rural representatives - Indigenous Inhabitant Representatives, Resident Representatives and Kaifong Representatives.   Indigenous Inhabitant Representatives are returned by indigenous inhabitants, their spouses or surviving spouses of an indigenous or composite indigenous village.   They reflect indigenous inhabitants’ views on village affairs, and deal with affairs relating to indigenous inhabitants’ lawful traditional rights and interests and the traditional way of life.   Resident Representatives are returned by both indigenous and non-indigenous inhabitants living in an existing village. They reflect views on village affairs on behalf of the residents.   Kaifong Representatives, returned by Cheung Chau or Peng Chau residents, reflect residents’ views on the two market towns’ affairs.   Voter registration for the Indigenous Inhabitant Representative Election is open to indigenous inhabitants, their spouses or surviving spouses, aged 18 or above and holding recognised identity documents.   Registration for the Resident Representative and Kaifong Representative elections is open to Hong Kong permanent residents aged 18 or above who have lived in an existing village or a market town for three years before the registration application date.   The department noted that if registered electors of the Resident Representatives and Kaifong Representative Elections no longer live in the village or market town for which they are registered, or if their residential addresses in the village or market town are no longer their principal residential addresses, they can no longer remain registered as electors and will commit an offence if they vote at an election.   Click here for the voter registration form. Call 2152 1521 for enquiries.
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124 COVID-19 cases reported

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