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RMB stock trading backed

Secretary for Financial Services & the Treasury Christopher Hui today expressed his gratitude to various listed issuers in Hong Kong for their support to the proposal of setting up a renminbi (RMB) stock trading counter.   Mr Hui stated that further to the help rendered by the Legislative Council Panel on Financial Affairs regarding the Government's proposed measures to promote the issuance and trading of RMB stocks in Hong Kong and enhance the trading mechanism, a number of listed issuers have also backed the proposal.   Such listed issuers will actively explore the feasibility of setting up a new RMB trading counter for their issued shares.   Mr Hui explained that listed issuers who indicated their support today include Hang Seng Index constituent stocks with promising turnover.   “Their participation is a vote of confidence to the development of RMB securities in Hong Kong, which will be conducive to our promotion work to other issuers, enabling Hong Kong to graduall

Social distancing measures extended

The Government today announced the social distancing measures currently in place will be maintained until January 27.   The Food & Health Bureau said the COVID-19 epidemic situation in Hong Kong remains volatile, noting the latest seven-day average number of local cases with unknown sources of infection was 17 and a number of confirmed cases were found in certain districts over a short period of time, which shows that silent transmission in the community is still active.   Taking into account the latest public health risk assessment, the Government will maintain existing requirements and restrictions applicable to catering business premises and scheduled premises.   Unless exempted, the prohibition on group gatherings of more than two people in public places will continue during the seven-day period from January 21.   The requirement for wearing a mask at all times when on public transport and in all public places will also remain in effect.   The Government will soon gazette directions and specifications under three relevant regulations.   The Government also announced that it will restrict people who have stayed in Brazil or Ireland from boarding flights for Hong Kong as cases caused by the new virus variant with high transmissibility were found in the two countries recently.   Under the specifications that will take effect from midnight on January 23, all people who have stayed in Brazil or Ireland for more than two hours on the day of boarding or during the 21 days before that day will not be allowed to board for Hong Kong.
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