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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

National security guidelines issued

The Education Bureau today issued circulars to schools to provide guidelines on school administration and education in relation to safeguarding national security.   The guidelines provide details about the mode of implementation and learning and teaching resources for national security education in the school curriculum.   The move aims to facilitate schools to implement measures to maintain a safe and orderly learning environment and promote national security education.   Schools should review as early as possible and devise appropriate measures in respect of planning and management, staff management, and other relevant areas to facilitate students' effective learning of national security, the bureau said.   It added that they should ensure all school staff uphold professional ethics, abide by the law and observe the code of conduct acceptable to society.   Schools should also step up the prevention and suppression of teaching or other school activities that are in breach of laws, prevent and deal with political or other illegal activities from permeating schools, and help students gain a correct understanding of the National Security Law and the important concepts covered by national security.   A number of specific measures, examples and templates are contained in the circular for schools' reference and follow-up.   The bureau will organise briefing sessions and professional development programmes for schools, and keep close contact with the education sector and provide it with timely support regarding implementation of the work concerned.   Click here for details.
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