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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

More rooms for helpers' quarantine

Starting November 1, the Rambler Garden Hotel in Tsing Yi will provide 500 rooms for the quarantine of foreign domestic helpers coming to work in Hong Kong, the Labour Department announced today.   This is a new designated quarantine facility in addition to the Penny’s Bay Quarantine Centre on Lantau Island and the Silka Far East Hotel Hong Kong in Tsuen Wan.   Room reservations can be made through the Rambler Garden Hotel’s online booking system from 9.30am on October 25 at a fee of $650 per night per room which includes three meals and all charges.   The helper’s passport copy, valid employment visa and recognised vaccination record must be provided to the hotel at the time of booking for verifying the helper’s identity.   Helpers will also need to provide such documents when they check into the facility.   Enquiries can be made to the department’s hotline at 2717 1771 or via email.
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