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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

Over 1k cases in restricted areas

The Government today announced that 1,063 preliminary positive COVID-19 cases were found in the compulsory testing exercises for the restricted areas covering eight buildings in Yuen Long, Kowloon City and Aberdeen.   It made restriction-testing declarations yesterday for Shin Yung, Shin Oi and Shin Leung houses of Long Shin Estate in Yuen Long, where about 2,580 people were tested and 264 preliminary positive cases were identified.   For Lok Ching, Hong Ching and Yan Ching houses of Kai Ching Estate in Kowloon City, which were also covered by the declarations, around 4,950 people got tested and 744 preliminary positive cases were detected.   At Hoi Chun and Hoi Chu courts of Aberdeen Centre, 55 out of about 700 people tested preliminarily positive for the virus.   There were also 102 indeterminate cases in the restricted areas, the Government added.
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