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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

Power plant deemed safe

The Security Bureau today said it learnt from the National Nuclear Safety Administration that Taishan Nuclear Power Station is in a safe condition, and confirmed that there was no radiation leak to or impact on the environment.   Noting that the Government is concerned about reports of a suspected radiation leak at Taishan Nuclear Power Station, the bureau said it liaised with relevant national ministries and commissions on June 14 and 15.   Taishan Nuclear Power Joint Venture Company also indicated that according to its continuous radiation monitoring data, the indicators at the station and in its surroundings are normal.   The bureau pointed out that the Government has maintained close co-operation and communication with Guangdong's Nuclear Emergency Committee Office.   Relevant notification mechanisms on information exchange and notification arrangements during emergencies were established, covering different levels of accidents and incidents at all operating nuclear power stations in Guangdong, including non-emergency operational events.   Two notifications regarding Taishan Nuclear Power Station have been received so far this year on operational events that occurred on February 21 and April 5. Both of them were Level 0 deviations and did not affect the unit's safe operation, workers' health, the nearby communities or the environment.   The current situation at the station does not trigger the relevant notification mechanisms, the bureau added.   It also emphasised that the Government attaches great importance to nuclear safety and has standing systems to monitor radiation levels of the environment, water and food for safeguarding public health.   The monitoring systems include the Hong Kong Observatory's (HKO) radiation monitoring network, the Water Supplies Department's water contamination monitoring systems and the Food & Environmental Hygiene Department's food surveillance.   According to the HKO's radiation monitoring results, the environmental radiation levels in Hong Kong remained normal over the past year.   The bureau said it will continue to maintain close contact with the relevant national ministries and commissions, while the HKO will closely monitor the radiation levels in Hong Kong and strengthen its relevant work as necessary.
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