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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

931 cases found in restricted areas

The Government today announced that 931 preliminary positive COVID-19 cases were found in the compulsory testing exercises for the restricted areas in Kwai Chung, Tuen Mun, Diamond Hil and Kwun Tong.   It made a restriction-testing declaration yesterday for Tin Kuen House of Shun Tin Estate in Kwun Tong, where 1,470 people were tested and 361 preliminary positive cases were identified.   At Blocks 1 - 3 of Hoi Tak Gardens in Tuen Mun, 631 people underwent a virus test and 43 of them were preliminarily contracted with COVID-19.   At Oi Ming House and Oi Yung House of Yau Oi Estate, also in Tuen Mun, 1,715 and 770 people took the test, with 248 and 153 initial cases found.   As for Shek Lei (I) Estate in Kwai Chung, 960 people took a virus test, with 104 preliminary positive cases reported.   Meanwhile at Diamond Hill’s Regent on the Hill, 22 out of 563 people were found initially infected.   There were also 95 indeterminate cases in the restricted areas, the Government added.
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