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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

Crew infection follow-up action urged

The Transport & Housing Bureau has directed Cathay Pacific Airways to seriously follow up on a matter involving three locally based cargo crew recently infected COVID-19.   The bureau today received the investigation report on the three recent imported cases of COVID-19 from Cathay Pacific.   It said that the bureau is deeply regretful of and can hardly accept the concerned cargo crew's non-compliance with the requirements of closed-loop operation during their layover at the outport concerned.   Though noting that these are individual cases, considering the severity of the incident, the bureau has directed the airline to follow up on the matter seriously and to make the best endeavour in preventing the occurrence of similar incidents.   The bureau noted that Cathay Pacific had implemented a series of enhancement measures upon request, including imposing daily post-arrival testing for returning air crew, stepping up the monitoring on air crew's compliance with the requirements of closed-loop operation during their layovers at outports, imposing more stringent restrictions on air crew's movements during their medical surveillance periods and promulgating clearer guidelines as well as requiring all air crew to receive the third doses of vaccines.   Considering that air cargo services are indispensable for the normal operation of society and for ensuring that the daily needs of citizens are met, the bureau has reminded all airlines to strictly comply with the anti-epidemic regulatory requirements and will continue to maintain close communication with the industry, it added.
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