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Over 3.1k virus cases identified

The Centre for Health Protection today said it is investigating 3,172 additional locally acquired COVID-19 cases, of which 449 were identified through nucleic acid tests and 2,723 via rapid antigen tests.   Separately, 111 imported cases were detected.   Furthermore, seven residential care homes for the elderly and five for disabled people logged 13 cases involving their residents.   The Hospital Authority reported that 20 patients passed away in public hospitals. According to a preliminary analysis, the cause of death for nine patients was related to COVID-19, while that of the remaining 11 patients was unrelated.   It also registered eight more critical cases, bringing the number of patients in critical condition to 93.   Separately, to align with the Government’s cancellation of issuing isolation orders from tomorrow, the authority will, starting from the same day, announce at 8.30am and 1pm the information of general out-patient clinics (GOPC) quota reserved for COVID-19

Green bond issuance successful

The Government today announced the successful offering of RMB5 billion offshore renminbi green bonds under the Government Green Bond Programme.   This is the Government's inaugural offering of renminbi-denominated bonds. The offering comprises two tranches of RMB2.5 billion three-year and RMB2.5 billion five-year.   The green bonds saw strong demand from diversified group of investors despite recent market volatility, and 54% of the issuance size was distributed to banks, 35% to fund managers, private banks and insurance companies, and 11% to supranationals, official institutions and corporates.   Financial Secretary Paul Chan said this landmark offering by the Government further enriches the range of offshore renminbi financial products available in Hong Kong, consolidates the city's role as the premier offshore renminbi centre and contributes to promoting the internationalisation of the renminbi.   Mr Chan explained that the offering also strengthens the Hong Kong platform to better serve renminbi issuers who raise green financing in support of low carbon transition efforts.   “Together with the US dollar and euro-denominated green bond offerings last week, it demonstrates our continued commitment to further develop the green bond market through piloting issuances with different parameters,” he added.   The green bonds are expected to be settled on November 30 and listed on the Hong Kong Stock Exchange and the London Stock Exchange.   Proceeds raised under the programme will be used to fund projects that will improve the environment and facilitate the transition to a low carbon economy.
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