Skip to main content

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

Govt preparing for electric ferries

The Government is preparing for testing the operation of electric ferries in four in-harbour ferry routes and an electric ferries pilot scheme is expected to start in 2023.   Secretary for the Environment KS Wong made the statement in response to lawmakers' questions in the Legislative Council today.   He noted that to further promote the use of green transportation technologies in ferries, the Government has earmarked $350 million in the last fiscal year to launch a pilot scheme for electric ferries.   The Government will fully subsidise the four ferry operators for the construction of electric ferries and the associated charging facilities, as well as the operational, maintenance and repair expenditures incurred by the operation of the electric ferries during the 24-month trial period.   The participating routes include the ferry route plying Central and Tsim Sha Tsui by the Star Ferry, the ferry route plying North Point and Hung Hom by the Sun Ferry Services, the ferry route plying Sai Wan Ho and Kwun Tong by the Coral Sea Ferry Service and the Water Taxi plying Kai Tak, Hung Hom, Tsim Sha Tsui, Central and West Kowloon by the Fortune Ferry.   The Government has established an inter-departmental working group to work out the pilot scheme details, oversee its progress and evaluate the performance of the electric ferries.   The Environmental Protection Department has also engaged a consultant to design the electric ferries and the associated charging facilities, and assist the ferry operators to prepare technical specifications for issuing open tenders for the construction of electric ferries.   In addition, the Government has set up an expert panel comprising a local naval architect and academics as well as the working group members to assess the design proposals of electric ferries.   Mr Wong said based on the current progress, the Government anticipated that the design proposals for the electric ferries and associated charging facilities will be completed within this year.   The ferry operators and the Government will be able to issue open tenders for the construction of electric ferries and the associated charging facilities later this year.   Taking into account the lead time to construct the electric ferries and the associated charging facilities, the pilot scheme will commence in 2023 tentatively.  
http://dlvr.it/S3Dnsk

Popular posts from this blog

Download Ricepon App on iPhone and Android

I found a very good dining app in Hong Kong. You can use QR Code to order food in restaurant, order takeaway at home and enjoy coupon. iPhone Download : https://tinyurl.com/wywn5lc Android Download : https://tinyurl.com/tnvlug8 Ricepon App Official Website : http://www.gingersoft.com.hk/ricepon-app/

124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open