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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

HK grateful for President Xi’s concern

Chief Executive Carrie Lam today thanked President Xi Jinping for his great concern about the fifth wave of the COVID-19 epidemic in Hong Kong and his sincere care for the people of the city.   Expressing her heartfelt gratitude on behalf of the Hong Kong Special Administrative Region and all the people of Hong Kong in a press statement, Mrs Lam said that by leveraging the central authorities’ support and uniting all sectors of the community, she would lead the Hong Kong SAR Government to fight the epidemic with unwavering determination.   “The central authorities have all along been providing their strongest support for the Hong Kong SAR. The Hong Kong SAR Government will, in accordance with the important instruction of President Xi, assume the main responsibility to stabilise the epidemic situation early as the overriding mission at present, and mobilise all available manpower and resources and adopt all necessary measures to safeguard the lives and health of Hong Kong people and the stability of society.”   With its own continuous efforts, the Hong Kong SAR Government has been striving to contain the virus using a multipronged approach, and enhance the measures to boost its anti-epidemic capability, the Chief Executive pointed out.   However, the rapid development of the disease has put the city under a considerably severe situation and outgrown the Hong Kong SAR Government’s handling capacity.   “At this critical juncture, it is necessary for us to leverage the advantages of ‘one country, two systems’; and to this end, I have submitted to the central authorities a report together with concrete requests for the timely assistance from the central authorities,” she noted.   Riding on the consensus and achievements reached last Saturday from the second Mainland-Hong Kong thematic meeting on the COVID-19 epidemic jointly hosted by Chief Secretary John Lee and Hong Kong & Macao Affairs Office of the State Council Deputy Director Huang Liuquan, the work between both sides has begun.   The main areas of work encompass exchange of views among epidemiologists, enhancement of the capacity of nucleic acid testing, construction of community isolation and treatment facilities, and the ensuring of medical supplies and other supplies from the Mainland.   The Chief Executive stressed: “To cope with this wave of the epidemic, the Hong Kong SAR Government has mobilised all available manpower, with different bureaus and departments joining hands with healthcare workers, testing contractors, laboratories, the university team responsible for supporting sewage surveillance, district volunteers and so forth, to form a robust anti-epidemic team.   “With the sincere care of the central authorities as well as the staunch support from the ministries and commissions of the central authorities and the Guangdong Provincial Government, we are determined to work as a team and spare no effort in fighting this epidemic in order for the people of Hong Kong to resume their normal lives early.”

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124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open