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DC election poll cards mailed

The Registration & Electoral Office today said it has mailed poll cards for the District Council Ordinary Election to about 4.33 million registered electors to inform them of where they should cast their votes on December 10.   Electors who have not received their poll cards may log in to the Online Voter Information Enquiry System to check whether they are registered electors and their designated polling stations, the office said.   District Council geographical constituency (DCGC) electors will be allocated to ordinary polling stations in the vicinity of their registered addresses. Polling hours will be from 8.30am to 10.30pm.   District Committees constituency (DCC) electors will be assigned to the polling stations of the DCCs to which they belong. The polling hours will be from 8.30am to 2.30pm. They will also receive a reminder on the poll card envelope that the DCC and DCGC vote will take place at two different polling stations with different polling hours.  

iBond allocation announced

Subscription and allocation results for the eighth inflation-linked iBond were released today, with each valid application to be allocated up to three units.   A total of 709,198 valid applications were received for more than $53.9 billion in principal amount of bonds. The final issue amount is $20 billion.   Financial Secretary Paul Chan said the latest issuance of the iBond has been warmly received by the public, with both the volume of applications and the total application amount achieving record highs since the iBond's inaugural issuance in 2011.   He noted that the issuance of the iBond provided the public with a safe investment choice of steady return under the current low interest rate and uncertain investment environment.   It also further enhanced the investing public's interest in and awareness of bond investments, thereby promoting the development of the retail bond market in Hong Kong, he added.   The 55,381 applications for two units or less will be allocated the full amount.   The other 653,817 applications for more than two units will be allocated two units each, while 605,727 will be allocated one additional unit after a ballot.   The iBond will be issued on June 23 and listed on the Stock Exchange on June 24.  
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