HK resumes poultry imports from mainland







SHENZHEN  |  2015-02-12 14:00:54

 HK resumes poultry imports from mainland

By Cao Kai and Mao Siqian

Over 2,000 live chickens and doves raised in the Chinese mainland were shipped to Hong Kong for sale at wet markets on Wednesday of February 11, ending an import suspension imposed after birds in Hong Kong were found infected with bird flu in January.

The special administrative region culled around 15,000 chickens at a poultry market last month, and its authorities suspended imports from the Chinese mainland for three weeks.

The ban was lifted on Tuesday.

Winter and spring are a high-incidence period for bird flu. Thousands of chickens have been culled this year in south China’s Guangdong Province, which borders Hong Kong.

There have been 44 confirmed cases of H7N9 human infection in Guangdong this year, including one reported on Tuesday. Shanghai, Fujian, Jiangxi and Zhejiang in east China all reported cases this winter.

Officials with the inspection and quarantine bureau for Shenzhen, the Guangdong city closest to Hong Hong, said they have stepped up inspections and dispatched specialist workers for on-site quarantining, as Hong Kong consumers’ demand for poultry is set to surge during the coming Lunar New Year.






HONG KONG  |  2015-02-12 10:30:13

 HK hospitals see rise in child flu cases

By Huang Xin

Hong Kong health officials said on Thursday  of February 12 that the number of elderly people being admitted to hospital with flu has eased, but the number of children under five going in went up slightly in the past week.

Another seven people have died after catching the virus, bringing the total since the beginning of the year to 164, according to the latest official data.

The controller of the Centre for Health Protection, Leung Ting- hung, said there was no need for children to start wearing face masks when they go to school.

He said a better way to stop the spread of flu at schools would be for any children showing symptoms to stay at home.

The authorities have pledged to procure as many new flu vaccines as possible, which should be available by April.

Hospitals are facing a shortage of beds as Hong Kong grapples with a new strain of flu.

More and more public hospitals are currently operating at over 100 percent capacity, and half of the patients have to wait at least eight hours at emergency wards before admission, said Cheung Wai-lun, director of Cluster Services at the Hospital Authority, last week.

The H3N2 outbreak started on Jan. 2, and has led to the hospitalization of over 220 patients thus far.






HONG KONG  |  2015-02-12 19:45:45

 HK stocks close 0.44 pct higher

By Huang Xin

Hong Kong stocks rose 107.13 points, or 0.44 percent, to close on Thursday of February 12 at 24,422.15 points, after the benchmark Hang Seng Index trading between 24,514.49 and 24,226.29.

Turnover totaled 73.28 billion HK dollars (9.46 billion U.S. dollars).

Hong Kong’s Acting Financial Secretary K C Chan told media in a recent interview that he expected the Shanghai-Hong Kong Stock Connect to see increasing transactions in the future as investors get more familiar with the new mechanism.

The Hang Seng China Enterprises Index ended up 132.6 points, or 1.14 percent, to close at 11,783.61 points.

Two of the four sub-indices gained ground. The Finance and Commerce & Industry sub-indices rose 0.79 percent and 0.43 percent respectively, while the Utilities and Properties lost 0.09 percent and 0.71 percent respectively.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, closed up 0.78 percent to 70.8 HK dollars, while its local unit Hang Seng Bank lost 1.69 percent to 139.8 HK dollars. Local bourse operator HKEx gained 0.29 percent at 176.1 HK dollars.

Blue chips ended mixed. China Merchants Holdings (International) rose 4.84 percent to 29.25 HK dollars. China Unicom (Hong Kong) gained 4.18 percent to 12.96 HK dollars. China Mobile moved up 4. 22 percent to 106.3 HK dollars. Lenovo Group rose 2.34 percent to 12.26 HK dollars.

Mainland-based financial stocks gained ground. China Construction Bank, the country’s second largest bank which accounts for the third largest weighting of the Hang Seng Index, advanced 1.77 percent to 6.34 HK dollars. Bank of Communications gained 2.2 percent to 6.5 HK dollars. Bank of China was up 1.64 percent to 4.34 HK dollars.

Casino and gaming stocks, however, suffered losses. Galaxy Entertainment Group retreated 2.34 percent to 41.8 HK dollars. Sands China dropped 1.58 percent to 37.45 HK dollars.

Local developers Hang Lung Properties lost 0.68 percent to 21. 85 HK dollars. Sun Hung Kai Properties, another major developer in Hong Kong, dropped 0.48 percent to 123.3 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, retreated 1.26 percent to 149 HK dollars.

Cathay Pacific Airways lost 1.95 percent to 17.1 HK dollars. PetroChina, the country’s largest oil and gas producer, was up 0. 24 percent to 8.54 HK dollars. (1 U.S. dollar equals 7.75 HK dollars)






HONG KONG  |  2015-02-12 19:34:44

 Gold price closes down in Hong Kong

By Huang Xin

The gold price in Hong Kong went down 70 HK dollars to close at 11,380 HK dollars per tael on Thursday of February 12, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,232.59 U.S. dollars a troy ounce, down 7.58 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.75 HK dollars.









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