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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

No COVID-19 cases in restricted area

The Government announced that the compulsory testing exercise and enforcement operation for the Happy Valley restricted area finished today with no confirmed COVID-19 cases found.   It made a restriction-testing declaration last night, requiring people at Way Man Court, 50-52 Village Road to stay in their premises and undergo compulsory testing. As at 11pm, around 130 residents were tested.   In the subsequent enforcement action, about 20 people's test records were checked and all of them have undergone mandatory testing.   The Government also assigned staff to visit around 50 households, of which five did not answer the door. Follow-up measures will be taken.   According to the compulsory testing notice issued yesterday, people who had been at the premises for more than two hours from October 29 to November 19 must undergo compulsory testing by November 21 even if they were not in the restricted area when the declaration took effect.
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