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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

Home affairs chief to visit Xi'an

Secretary for Home Affairs Caspar Tsui will leave for Xi’an in Shaanxi Province this afternoon to attend the closing ceremony of the 11th National Games for Persons with Disabilities & the eighth National Special Olympic Games.   Mr Tsui will also participate in the games’ flag handover ceremony.   He will return to Hong Kong on October 30.   During his absence, Under Secretary Jack Chan will be Acting Secretary for Home Affairs.
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