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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

No virus case in restricted area

The Government announced that the compulsory testing exercise and enforcement operation for the restricted area in Ap Lei Chau finished today with no confirmed COVID-19 cases found.   It exercised the power under the Prevention & Control of Disease (Compulsory Testing for Certain Persons) Regulation on April 23 to make a restriction-testing declaration to require people within the specified restricted area at Block 10, Yee Lai Court, South Horizons to stay in their premises and undergo compulsory testing.   The Government also issued a compulsory testing notice to those who had been present at the building for more than two hours from April 10 to 23 to undergo mandatory testing by April 25 even if they were not at the building when the declaration took effect.   Around 950 residents were tested.   The Government then checked about 260 people’s test records during the enforcement operation at the building. Nobody was found to have not undergone compulsory testing.   It also assigned staff to visit around 330 households in the building, of which about 30 households did not answer the door. Those residents are urged to contact the Government to arrange testing as soon as possible.
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