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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

Stay vigilant against COVID-19

People should stay vigilant against COVID-19 even though Hong Kong is currently experiencing a drop in the number of cases, Centre for Health Protection Controller Dr Ronald Lam said today.   Dr Lam made the remarks at a press briefing after the centre announced that the number of new coronavirus cases dropped to just nine.   "Currently, we are seeing a slow drop in the number of COVID-19 cases in the recent few days. The next step we will take would be affected by a number of factors, including, perhaps, during the Lunar New Year when many of the citizens do not seek medical consultation. So this may affect the trend of the epidemic after the Lunar New Year.   "Also, during the holidays, usually there will be some kinds of gatherings of families together, although we have appealed again and again to people to avoid that kind of mixing and gatherings."   Dr Lam added that the centre will continue to monitor the epidemic situation given the number of cases could rebound after the Lunar New Year.   "Looking back at the past experiences of the past year - usually after long vacations and after these kinds of gatherings - we usually see some form of upsurge in the number of cases. So we would not rule out the possibility that the number of cases will increase again. So we need to observe that trend and be very, very cautious."
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