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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

HK wins World Games gold

Hong Kong billiard sports athlete Cheung Ka-wai won a gold medal in the men's snooker event at the World Games 2022.   Congratulating Mr Cheung today, Secretary for Culture, Sports & Tourism Kevin Yeung said: "Cheung Ka-wai performed at his best and demonstrated the demeanour of a great athlete. I am so glad and proud of his achievement and sincerely congratulate him."   The World Games 2022 features 33 events. A total of 17 athletes from Hong Kong are taking part in this year's games, competing in eight events.
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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