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CE opens social media accounts

Chief Executive John Lee launched a Facebook page, an Instagram account and a Weibo account today to enhance contact and communication with the public.   People are welcome to visit his social media page and accounts. http://dlvr.it/ST8zqb

Foreign currency reserves up

Hong Kong's foreign currency reserve assets rose to US$494.5 billion in May from April’s US$490.6 billion, the Monetary Authority announced today.   The reserve assets represent about seven times the currency in circulation or 47% of Hong Kong dollar M3.   There were no unsettled foreign exchange contracts in May.
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