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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 new COVID-19 cases reported

The Centre for Health Protection said no new confirmed cases of COVID-19 have been recorded as of 12am, July 12, leaving the number of confirmed cases in Hong Kong at 11,951 so far.   A total of 34 cases were reported in Hong Kong in the past 14 days, including one import-related case and one local case with unknown sources.   For information and health advice on COVID-19, visit the Government's dedicated webpage.
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