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HK logs 3.3k COVID-19 cases

The Centre for Health Protection today said it is investigating 3,362 additional locally acquired COVID-19 cases, of which 493 were identified through nucleic acid tests and 2,869 via rapid antigen tests.   Separately, 118 imported cases were detected.   Furthermore, seven residential care homes for the elderly and one for disabled people logged nine cases involving their residents.   The Hospital Authority reported that 33 patients passed away in public hospitals. According to a preliminary analysis, the cause of death for 13 patients was related to COVID-19, while that of the remaining 20 patients was unrelated.   It also registered six more critical cases, bringing the number of patients in critical condition to 99.   As there were positive sewage test results with relatively high viral loads in several areas of Tuen Mun, Yuen Long and Kowloon City districts, the respective district offices will distribute COVID-19 rapid test kits to relevant residents as well as cleaning

Mar exports value down 8.9%

The value of Hong Kong’s total goods exports decreased to $372.8 billion in March, down 8.9% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 6% to $410 billion for the same period.   A trade deficit of $37.3 billion, or 9.1% of the value of imports, was recorded for the month.   Comparing the first quarter this year with the preceding quarter on a seasonally adjusted basis, the value of total exports decreased 2.9%, while that of imports fell 1.8%.   The Government said the value of merchandise exports turned to a year-on-year decrease in March amid moderating external demand and epidemic-induced disruptions to cross-boundary cargo flows between the Mainland and Hong Kong. A high base of comparison was also relevant.   Exports to the Mainland and the EU fell while those to the US posted decelerated growth. Exports to other major Asian markets saw mixed performance.   Looking ahead, elevated global inflation, major central banks’ monetary policy tightening, as well as heightened geopolitical tensions will continue to weigh on the global economic outlook, posing challenges to Hong Kong’s export performance.   Nonetheless, the stabilised local epidemic of late should be conducive to the gradual alleviation of cross-boundary transportation disruptions, thus rendering some support, the Government added.
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