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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) today (September 21) published the September 2012 issue of its Quarterly Bulletin and Half-Yearly Monetary and Financial Stability Report.
The Half-Yearly Report provides detailed analyses of the global and local economy, as well as the monetary and financial conditions in Hong Kong. It also examines the recent performance and risks of the local banking sector.
The Quarterly Bulletin contains a feature article on the development of contactless mobile payment services. It discusses the possible Near Field Communication mobile services and infrastructure, and a relevant consultancy study recently commissioned by the HKMA.
The Quarterly Bulletin and the Half-Yearly Report can be viewed on and downloaded from the HKMA website. A separate, printed version of the Half-Yearly Report (English version only) may be ordered or bought at the HKMA Information Centre on 55th Floor, Two International Finance Centre at HK$60 a copy.
Ends/Friday, September 21, 2012
Issued at HKT 16:50
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