Hong Kong's latest foreign currency reserve assets figures released
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (August 7) that the official foreign currency reserve assets of Hong Kong amounted to US$425.4 billion as at the end of July 2025 (end-June 2025: US$432.0 billion) (Annex).
Including unsettled foreign exchange contracts, the foreign currency reserve assets of Hong Kong at the end of July 2025 amounted to US$424.5 billion (end-June 2025: US$431.9 billion).
The total foreign currency reserve assets of US$425.4 billion represent over five times the currency in circulation or about 37 per cent of HongKong dollar M3.
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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 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 August 2025, the scheduled dates for issuing the press releases are as follows:
August 7 |
SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures) |
August14 |
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund) |
August 29 |
SDDS Template on International Reserves and
Foreign Currency Liquidity |
August 29 |
Exchange Fund Abridged Balance Sheet and
Currency Board Account |
Source: AI-found images
FSD and BD conduct joint inspection and enforcement operation against industrial buildings
In response to earlier media reports on fire safety issues in certain industrial buildings, the Fire Services Department (FSD) and the Buildings Department (BD) are highly concerned about the situation and conducted a joint inspection and enforcement operation targeting industrial buildings from December 29 to 31, 2025, with a view to ensuring public safety.
An industrial building in Kwun Tong, Photo by Bastille Post
The FSD and the BD inspected a total of nine industrial buildings located in various districts in Kowloon and the New Territories during the joint operation. The fire personnel identified a total of 261 irregularities related to various fire hazards, such as obstruction or locking of means of escape, defective or wedged-open smoke stop doors, as well as fire service installations or equipment (FSIs) that were defective or not in efficient working order. The FSD took immediate enforcement action against the persons concerned.
An industrial building in Kwun Tong, Photo by Bastille Post
Among the cases related to obstruction of means of escape, the FSD instituted three prosecutions and issued 22 Fire Hazard Abatement Notices (FHANs), requiring the persons concerned to abate the fire hazards within a specified period. Should they fail to comply with the requirements of the FHANs within the period, the FSD will institute resolute prosecution. In addition, inspections revealed that some buildings had defective smoke stop doors and FSIs. The FSD will issue FHANs to the persons concerned and continue to take follow-up action.
The Buildings Department (BD), Photo source: reference image
The BD identified 13 subdivided flats suspected of being used illegally for domestic purposes. Further investigations are now under way, and letters have been sent to the relevant owners and occupiers asking them to contact the BD as soon as possible to arrange an inspection of their flats. Otherwise, the BD will consider applying for a court warrant to enter the premises for inspection. If it is confirmed that the flats in question have been used for illegal domestic purposes, the BD will take enforcement action in accordance with the Buildings Ordinance, including ordering the cessation of illegal domestic use and rectify the dangerous situations. The BD also identified in the operation that there was dilapidation in the exit staircases of one of the industrial buildings, but no obvious danger to the overall building structure was noted. The BD has issued a repair order to the owners' corporation for conducting the necessary repair work.
The Fire Services Department (FSD), Photo source: reference image
Apart from inspection and enforcement, the FSD also carried out fire prevention education and publicity at the same time during the operation to enhance fire safety awareness among owners and occupiers of industrial buildings, thereby mitigating fire risk from the source. The BD has also long been promoting building safety and the proper use of buildings through various channels, including distributing themed posters to management offices of industrial buildings for displaying in prominent places to serve as a reminder to owners and occupiers that industrial buildings must not be used illegally for domestic purposes.
