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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

14 virus cases in Lai Tin Hse

The Government today announced that 14 positive COVID-19 cases were found in the compulsory testing exercise for the restricted area in Sham Shui Po.   It made a restriction-testing declaration yesterday covering Lai Tin House of Pak Tin Estate.   Fourteen positive cases were detected at the building where about 1,700 people were tested.   Government staff also visited 780 households there and will follow up on those who did not answer the door.
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