Source: Hong Kong Government special administrative region
Monetary statistics for February 2025
Total loans and advances decreased by 0.2 per cent in February, and decreased by 0.5 per cent in the first two months of 2025. Among the total, loans for use in Hong Kong (including trade finance) and loans for use outside Hong Kong decreased by 0.2 per cent and 0.4 per cent respectively in February. The Hong Kong dollar loan-to-deposit ratio decreased to 73.5 per cent at the end of February from 75.7 per cent at the end of January, as Hong Kong dollar deposits increased while Hong Kong dollar loans decreased.
Hong Kong dollar M2 and M3 both increased by 1.8 per cent in February, and both increased by 6.8 per cent when compared to a year ago. The seasonally-adjusted Hong Kong dollar M1 increased by 4.4 per cent in February and increased by 5.3 per cent compared to a year ago, reflecting in part investment-related activities. Total M2 and total M3 both increased by 0.9 per cent in February. Compared to a year earlier, total M2 and total M3 both increased by 10.4 per cent.
As monthly monetary statistics are subject to volatilities due to a wide range of transient factors, such as seasonal and IPO-related funding demand as well as business and investment-related activities, caution is required when interpreting the statistics.
Issued at HKT 16:31
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Residential mortgage survey results for February 2025
Source: Hong Kong Government special administrative region
Residential mortgage survey results for February 2025
The number of mortgage applications in February increased month-on-month by 0.4 per cent to 6 542.
Mortgage loans approved in February increased by 4.3 per cent compared with January to HK$26.1 billion. Among these, mortgage loans financing primary market transactions increased by 21.6 per cent to HK$12.1 billion and those financing secondary market transactions decreased by 9.9 per cent to HK$11 billion. Mortgage loans for refinancing increased by 4.4 per cent to HK$3 billion.
Mortgage loans drawn down during February increased by 12.8 per cent compared with January to HK$17.6 billion.
The ratio of new mortgage loans priced with reference to HIBOR increased from 93 per cent in January to 94 per cent in February. The ratio of new mortgage loans priced with reference to best lending rates decreased from 3.4 per cent in January to 2.4 per cent in February.
The outstanding value of mortgage loans increased month-on-month by 0.2 per cent to HK$1,876.7 billion at end-February.
The mortgage delinquency ratio stood at a low level of 0.12 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.
Issued at HKT 16:31
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Exchange Fund Abridged Balance Sheet and Currency Board Account
Source: Hong Kong Government special administrative region
Exchange Fund Abridged Balance Sheet and Currency Board Account
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At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency. For the month of March 2025, the scheduled dates for issuing the press releases are as follows:
| March 7 (Issued)(Hong Kong’s Latest Foreign Currency Reserve Assets Figures) (Issued)(Analytical Accounts of the Exchange Fund)Foreign Currency LiquidityCurrency Board AccountIssued at HKT 16:31 NNNN Fraudulent website related to The Hongkong and Shanghai Banking Corporation LimitedSource: Hong Kong Government special administrative region Fraudulent website related to The Hongkong and Shanghai Banking Corporation Limited NNNN Suspicious website related to Tai Sang Bank LimitedSource: Hong Kong Government special administrative region Suspicious website related to Tai Sang Bank Limited NNNN Results announced for All India Drawing & Painting competition celebrating the spirit of Maha Kumbh Mela 2025Source: Government of India Results announced for All India Drawing & Painting competition celebrating the spirit of Maha Kumbh Mela 2025
Posted On: 31 MAR 2025 2:44PM by PIB Delhi Maha Kumbh Mela, a sacred confluence of faith and tradition, stands as the largest peaceful gathering in the world, deeply rooted in India’s spiritual and cultural heritage. This significant event transpired from 13th January to 26th February, 2025, representing the perpetual human quest for spiritual enlightenment. The festival, known for its deep philosophical significance and vibrant cultural expressions, brings together millions for a collective celebration of devotion, knowledge and unity. To encourage young minds to artistically explore the essence of this sacred tradition, the Department of School Education and Literacy, Ministry of Education (MoE), organised an All India Drawing & Painting competition across the nation on the theme of Maha Kumbh Mela 2025. The competition was conducted for students of Classes 6th–8th from Kendriya Vidyalayas, Navodaya Vidyalayas and Central Board of Secondary Education-affiliated schools throughout the country. The competition was organised under the three themes of Bhavya Maha Kumbh, Divya Maha Kumbh and Ek Bharat Shreshtha Bharat, with an emphasis on originality and creativity. The objective was to encourage students to understand the spiritual and cultural significance of the event as well as India’s rich cultural traditions and values so as to appreciate and celebrate the spirit of unity in diversity. The results were declared on 24th March 2025. The participation in the contest was extensive, with a total of 39,840 students from 1040 Kendriya Vidyalayas, 26,398 students from 404 Navodaya Vidyalayas schools and 2,887 students from 1,000 CBSE schools. The entries were received through Nodal officers of KVS, NVS and CBSE for national-level screening. The best entries were selected in two phases, i.e., primary-level entries were selected by Nodal officers by their own screening committees and the second-level entries were evaluated, recorded and finalized under the screening committee by NCERT.
The winners in both the drawing and painting categories were selected for the cash prizes and certificates. The first prize for each category is Rs. 15,000, with second and third prizes of Rs. 10,000 and Rs. 7,000, respectively. Ten consolation prizes, including certificates and gift hampers, are also awarded in both categories. List of awards and prizes in each category at All India Drawing and Painting Contest on the theme of Maha Kumbh Mela 2025
Ten Consolation prizes each comprising a certificate and a gift hamper
The All India Drawing and Painting Contest on Maha Kumbh Mela 2025 has served as a platform for young minds to creatively express their interpretations of this timeless tradition. As envisioned in #NEP2020, cultural awareness and artistic expression are integral to holistic learning and these budding artists have exemplified this through their creativity. ***** MV/AK MOE/DoHE/31 March 2025/6 (Release ID: 2117021) Visitor Counter : 25 AFCD reminds public not to enter Sham Wan Restricted Area during restricted periodSource: Hong Kong Government special administrative region The Agriculture, Fisheries and Conservation Department (AFCD) reminds members of the public today (March 31) not to enter the Sham Wan Restricted Area, Lamma Island, from tomorrow (April 1) to October 31 to protect nesting green turtles. Public library opening hours for Ching Ming Festival and EasterSource: Hong Kong Government special administrative region The Leisure and Cultural Services Department announced today (March 31) that all public libraries will be closed on Good Friday (April 18), while students’ study rooms will be open from 8am to 9.30pm. Apart from individual libraries’ closing days, the opening hours of all public libraries on Ching Ming Festival (April 4), the day following Good Friday (April 19), and Easter Monday (April 21) will be the same as those for public holidays. To carry out system maintenance work, the Multimedia Information System and online reservation of computer facilities services will be suspended from 9pm on April 17 to 7am on April 19. Moreover, the following services will also be suspended from 0.30am on April 18 to 7am on April 19:
Details can be obtained from notices posted at all public libraries and on the website at www.hkpl.gov.hk/en/library-notices/library-notices-list.html. For enquiries, please call 2921 0208. Postal services to Korea return to normalSource: Hong Kong Government special administrative region ​Hongkong Post announced today (March 31) that, as advised by the postal administration of Korea, mail delivery services to the areas with the postcodes 364xx-367xx and 374xx previously impacted by wildfires have returned to normal. Chairman and members of Advisory Committee on Gifted Education appointedSource: Hong Kong Government special administrative region Chairman and members of Advisory Committee on Gifted Education appointed NNNN | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||