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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

Festival fair stall auctions set

Public auctions for stalls at the Che Kung Festival Fair and the Fong Ma Po New Year Fair at Lam Tsuen in Tai Po will be held on November 30 and December 8, the Food & Environmental Hygiene Department announced today.   The Che Kung Festival Fair will be held from January 29 to February 15, 2022 at Chui Tin Street Soccer Pitch in Sha Tin. A total of 40 dry goods stalls and two wet goods stalls will be put up for auction.   Ten dry goods stalls at the Fong Ma Po New Year Fair to be held from February 1 to 15, 2022 will be put up for auction.   The upset bidding prices for the Che Kung Festival Fair's dry and wet goods stalls are $2,310 and $550 while the upset bidding price for the Fong Ma Po New Year Fair's dry goods stalls is $650.   The public auction for Che Kung Festival Fair stalls will begin at 9.30am on November 30 at the assembly hall on 2/F, Lai Chi Kok Government Offices in Lai Chi Kok, Kowloon.   The auction for Fong Ma Po New Year Fair stalls will start at 9.30am on December 8 at the assembly hall on G/F, Tai Wo Neighbourhood Community Centre in Tai Po.

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