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Health chief visits Eastern Hospital

Secretary for Health Prof Lo Chung-mau today visited Pamela Youde Nethersole Eastern Hospital to get an update on the service of public hospitals.        He toured the hospital’s specialist outpatient clinic, medical ward, accident and emergency department and hyperbaric oxygen therapy centre, followed by a meeting with its management and frontline healthcare staff to learn about the service demands and manpower deployment.        Prof Lo said: "Having gone through the anti-epidemic work in the past three years, Hong Kong is on the road to full normalcy. I would like to express my heartfelt gratitude to all healthcare staff for their efforts in performing duties and working tirelessly amidst immense work pressure to safeguard the city's healthcare system.”            Noting that Hong Kong will see a sharp rise in the number of travellers with the full resumption of normal travel with the Mainland, Prof Lo said the Government will closely monitor the development of the CO

iBond allocation announced

Subscription and allocation results for the eighth inflation-linked iBond were released today, with each valid application to be allocated up to three units.   A total of 709,198 valid applications were received for more than $53.9 billion in principal amount of bonds. The final issue amount is $20 billion.   Financial Secretary Paul Chan said the latest issuance of the iBond has been warmly received by the public, with both the volume of applications and the total application amount achieving record highs since the iBond's inaugural issuance in 2011.   He noted that the issuance of the iBond provided the public with a safe investment choice of steady return under the current low interest rate and uncertain investment environment.   It also further enhanced the investing public's interest in and awareness of bond investments, thereby promoting the development of the retail bond market in Hong Kong, he added.   The 55,381 applications for two units or less will be allocated the full amount.   The other 653,817 applications for more than two units will be allocated two units each, while 605,727 will be allocated one additional unit after a ballot.   The iBond will be issued on June 23 and listed on the Stock Exchange on June 24.  
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