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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

No virus cases in restricted areas

The Government announced today that the compulsory testing exercises and enforcement operations for the two restricted areas in North Point and Tuen Mun finished today with no positive COVID-19 cases found.   It made restriction-testing declarations yesterday evening, requiring people within the two specified areas to stay in their premises and undergo compulsory testing.   The areas covered Maple Gardens Phase III in North Point and Block 3 of Po Tin Estate in Tuen Mun where 75 and 1,249 citizens were tested.   In the subsequent enforcement operations, about 625 people’s test records were checked. Ten people were found to have not undergone mandatory testing.   Government staff also visited around 966 households in the two restricted areas, of which some 224 did not answer the door. Such households are urged to contact the Government promptly to arrange testing.   According to the compulsory testing notices issued yesterday, those who had stayed in these two buildings within a specified period for more than two hours must undergo testing by tomorrow even if they were not in the restricted areas when the declarations took effect.
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