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

Lawful business unaffected: CE

(To watch the full media session with sign language interpretation, click here.)   Chief Executive Carrie Lam today said the National Security Law has not driven people away from doing legitimate business in Hong Kong.   Ahead of the Executive Council meeting this morning, Mrs Lam told reporters that no organisation should be worried about their operations in the city provided such operations are done in accordance with the law.   Citing Article 27 of the Basic Law, she said: “The freedom of association, the freedom of assembly, the freedom of speech and so on are being guaranteed.”   The Chief Executive also supported her view by presenting a number of facts.   “According to the latest survey by the Census & Statistics Departments and InvestHK, as at June this year, the number of overseas and Mainland companies that set up offices or headquarters in Hong Kong was not reduced. In fact, it was another record-breaking number of over 9,000 such overseas and Mainland companies established in Hong Kong.   “Some important legal organisations at regional and international levels have also established offices in Hong Kong in the Hong Kong Legal Hub set up by the Department of Justice.”   A worldwide maritime conference was held last week, while the International Chamber of Shipping has set up in Hong Kong its first office outside of its headquarters, she added.   “So these are the facts which will give you the confidence that the National Security Law has not prevented or horrified people from doing their legitimate business in Hong Kong,” the Chief Executive said.
http://dlvr.it/SBK5sF

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