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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

814 COVID-19 cases identified

The Centre for Health Protection today said it is investigating 814 additional COVID-19 cases, of which 364 were directly identified through nucleic acid tests and 450 via rapid antigen tests which were verified by authorities.   Among the new cases, 106 are imported while the rest are locally infected.   The centre received 10 reports of positive cases from two schools. Face-to-face lessons for the classes involved are proposed to be suspended for one week.   FLM bar on Jervois Street in Sheung Wan registered four more cases, bringing the total number of infections there to 17.   Meanwhile, the Government made a restriction-testing declaration to cover King Man House of Ho Man Tin Estate in Kowloon City. People in the restricted area are required to undergo compulsory testing before the specified deadline.   Due to a number of positive cases and sewage samples detected, 57 specified places are included in a compulsory testing notice. The Government will reopen the mobile specimen collection station at Bellagio in Sham Tseng tomorrow.   As there were positive sewage test results with relatively high viral loads in several areas of Eastern District, Kowloon City, Yau Tsim Mong, Sai Kung and Tsuen Wan, the Housing Department and respective district offices will distribute COVID-19 rapid test kits to relevant residents as well as cleaning workers and property management staff working there.   For information and health advice on COVID-19, visit the Government’s dedicated webpage.
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124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open