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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

CE mourns Tong Wai-ki

Chief Executive Carrie Lam today expressed deep sorrow over the passing of Hong Kong Taoist Association Chairman Tong Wai-ki.   She said Mr Tong was held in high regard, adding that he had been committed to promoting the Taoist religion and Chinese culture and actively participated in social services and charitable activities, making significant contributions over the years.   He was awarded the Silver Bauhinia Star in 2013.   "I am deeply saddened by the passing of Mr Tong. On behalf of the Hong Kong Special Administrative Region Government, I would like to extend my deepest condolences to his family and the Taoist community," Mrs Lam noted.   Acting Secretary for Home Affairs Patrick Nip also expressed deep condolences over the passing of Mr Tong.   He commended Mr Tong for dedicating his life in promoting the Taoist religion and uniting the Taoist community while actively participating in charitable services and talent nurturing.
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