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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

Former flight crew arrested, charged

Police today arrested and laid charges on two former flight attendants for violating the Prevention & Control of Disease Regulation.   In a statement, the force said their investigation revealed that the duo, while employed by an airline as flight attendants, arrived in Hong Kong from the US on December 24 and 25, 2021.   During medical surveillance, they failed to observe the conditions specified by a health officer by conducting unnecessary activities in contravention of the regulation on December 25 and 27.   Both subsequently tested positive for the COVID-19 Omicron variant and have been discharged from the hospital upon completion of treatment.   Police explained that they took such action after seeking legal advice. The arrestees have been released on bail.   They are liable on conviction to a $5,000 fine and six months’ imprisonment.
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