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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 Law forum set

The Department of Justice will hold a forum on the National Security Law on July 5, bringing together legal experts and academics to discuss the application and interpretation of the security law.   The National Security Law was promulgated and took effect on June 30, 2020, and has been implemented for almost a year. The Security Brings Prosperity forum aims to enhance understanding and awareness of it.   The legal forum comprises a series of keynote speeches given by distinguished speakers and three panel discussions that will examine the substantive and procedural aspects of the National Security Law and deliver a comparative study of national security laws of other jurisdictions.   The forum will be held online. Click here for details and the live webcast arrangements.
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