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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

Testing compliance check done

The Government today completed a joint enforcement operation on a compulsory testing notice that was issued earlier for Block 5 of Seaview Crescent in Tung Chung.   The enforcement action was conducted from around 7.30am to 10am by the Islands District Office together with Police and the Department of Health.   During the operation, about 300 people's test records were checked and 13 were found to have violated the compulsory testing notice.
http://dlvr.it/SRQ8Z6

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