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July goods exports up 20.1%

The volume of Hong Kong's total goods exports increased 20.1% year-on-year in July, the Census & Statistics Department announced today.   The volume of goods imports for the month rose 19.5% over July 2020.   Prices of goods exports and imports increased 5.6% and 5.5% year-on-year for the month.   On a seasonally adjusted basis, the volume of goods exports fell 5.3% in the three-month period ending July compared with the preceding three months, while the volume of goods imports decreased 0.8%.   Comparing the first seven months of the year with the same period in 2020, the volume of goods exports rose 25.3%, while that of goods imports increased 22.7%.   Prices of goods exports for the period increased 3.4%, while that of goods imports rose 3.3%. http://dlvr.it/S7hMTp

Asset freeze explained

(To watch the full media session with sign language interpretation, click here.)   Secretary for Security John Lee today said notices issued last week for freezing of property in writing to freeze all the shares of Next Digital held by Jimmy Lai and the property in the local bank accounts of three companies owned by him are a national security matter and have nothing to do with press freedom.   Responding to reporters' questions, Mr Lee said: “Any activities that endanger national security will not be tolerated. Such activities, people or organisations will receive the full force of the law.”   Pursuant to Schedule 3 to the Implementation Rules for Article 43 of the National Security Law, where the Secretary for Security has reasonable grounds to suspect that any property held by any person is offence related property, the secretary may, by notice specifying the property, direct that a person must not deal with the property except under the authority of a licence granted by the secretary.   Mr Lee noted that issuing the notices aimed to prevent acts that endangered national security in accordance with the law and had no direct relation to the work of journalists.   “Endangering national security is a very serious crime. The Government’s position is very clear - we will make use of all legal measures to prevent, interdict and suppress such activities endangering national security. It is illegal activities that we are dealing with, not press work.”
http://dlvr.it/RzsmmH

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