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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective cen

Over 1k cases in restricted areas

The Government today announced that 1,063 preliminary positive COVID-19 cases were found in the compulsory testing exercises for the restricted areas covering eight buildings in Yuen Long, Kowloon City and Aberdeen.   It made restriction-testing declarations yesterday for Shin Yung, Shin Oi and Shin Leung houses of Long Shin Estate in Yuen Long, where about 2,580 people were tested and 264 preliminary positive cases were identified.   For Lok Ching, Hong Ching and Yan Ching houses of Kai Ching Estate in Kowloon City, which were also covered by the declarations, around 4,950 people got tested and 744 preliminary positive cases were detected.   At Hoi Chun and Hoi Chu courts of Aberdeen Centre, 55 out of about 700 people tested preliminarily positive for the virus.   There were also 102 indeterminate cases in the restricted areas, the Government added.
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