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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

4 applied degree programmes set

The Education Bureau announced today that four degree programmes have been selected for the Pilot Project on the Development of Applied Degree Programmes.       The bureau launched the pilot project in December 2020 to gain experience in the practical issues involved in developing applied degree programmes and assessing the implications for the higher education system as a whole.   It selected four programmes for the project after assessing the proposals submitted by eligible self-financing post-secondary institutions.   They are Bachelor of Nursing (Honours) programme by Caritas Institute of Higher Education, Bachelor of Engineering with Honours in Testing & Certification programme by The Open University, Bachelor of Science (Honours) in Horticulture, Arboriculture & Landscape Management programme by the Vocational Training Council's Technological & Higher Education Institute, and Bachelor of Science (Honours) in Applied Gerontology programme by Tung Wah College.   The bureau has engaged the Council for Accreditation of Academic & Vocational Qualifications to assist the institutions in the development of the applied degree programmes.   Subject to the satisfactory completion of accreditation, the institutions will launch the applied degree programmes in the 2022-23 academic year at the earliest.   The pilot project was launched upon a recommendation made by the Task Force on Promotion of Vocational & Professional Education & Training.
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