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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

HK triumphs at national games

Hong Kong athletes won two more gold medals and one bronze at the 11th National Games for Persons with Disabilities & the Eighth National Special Olympic Games today.   Lee Ming-yip and Tong Chi-ming of the table tennis team secured a gold medal in the Men's Doubles TT7 race, while swimmer Cheong Sui-kei scored another gold in the Women's S14 400m Freestyle event.   The Men's SB13 100m Breaststroke bronze went to Lip Kin-kwan.   Extending his heartfelt congratulations to the medal winners, Secretary for Home Affairs Caspar Tsui expressed hope that Hong Kong athletes would continue to perform at their best.   He said: “Hong Kong athletes excelled in the competitions and their achievements fully demonstrate that their hard training has paid off.”   Twenty-three athletes from the Hong Kong Special Administrative Region delegation are competing in the athletics, swimming and table tennis events.   They have performed brilliantly, earning eight gold, one silver and five bronze medals so far.
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