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CE cheers on HK athletes

Chief Executive John Lee cheered on the Hong Kong athletes taking part in various events at the 19th Asian Games Hangzhou today.   Mr Lee went to games venues to watch events in which Hong Kong athletes were competing, including swimming, wushu and fencing, and extended his warmest congratulations to the athletes who won medals.   Noting that having the games in their own country is of great importance to Hong Kong athletes, Mr Lee said he was pleased to have the opportunity to watch Hong Kong competitors strive for excellence and demonstrate extraordinary capabilities.   He expressed his hope that Hong Kong athletes will continue to excel and unleash their potential to achieve outstanding results.   The Chief Executive earlier visited the Zhejiang Liaison Unit of the Hong Kong Special Administrative Region Government and encouraged its staff members to strive to serve both the people of Hong Kong and enterprises in Zhejiang.   Today’s activities also included a lunch with th

Foreign currency reserves down

Hong Kong’s foreign currency reserve assets decreased to US$418.4 billion in August from US$421.6 billion in July, the Monetary Authority announced today.   The reserve assets represent over five times the currency in circulation or about 40% of Hong Kong dollar M3.   Including unsettled foreign exchange contracts, the foreign currency reserve assets at the end of August decreased to US$418 billion from July’s US$421.6 billion.
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