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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

CE meets CPPCC members

Chief Executive Carrie Lam today held an engagement session with 90 Hong Kong members of the Chinese People's Political Consultative Conference (CPPCC) via video conferencing to discuss topics such as the developments of Hong Kong and the Mainland.   The members spoke enthusiastically during the meeting and Mrs Lam listened attentively to their views on various areas, including their concerns about vaccination and expectations for early resumption of travel between people of Hong Kong and the Mainland, and local economic activities.   The Chief Executive emphasised that the Hong Kong Special Administrative Region Government will spare no effort in fighting the epidemic and taking forward the vaccination programme.   Noting that how Hong Kong is integrated into the overall development of the nation is a crucial issue, with the country’s 14th Five-Year Plan, the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt & Road Initiative to bring enormous opportunities to Hong Kong, Mrs Lam said it is of paramount importance to Hong Kong's future, particularly with regard to youth development.   She hopes that CPPCC Hong Kong members will work together with the Hong Kong SAR Government to strive for the support of the central authorities as well as the co-operation of the Guangdong Provincial Government and the Shenzhen Municipal Government to explore more room for Hong Kong's development.   Mrs Lam and the CPPCC Hong Kong members will attend the NPC and CPPCC meetings to be held in Beijing next month.   Chief Secretary Matthew Cheung, Secretary for Constitutional & Mainland Affairs Erick Tsang and Chief Executive's Office Director Chan Kwok-ki also attended the session.
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