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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

16 virus cases in restricted area

The Government today announced that 16 COVID-19 cases were found in the compulsory testing exercise for the restricted area in Kwai Chung.   It made a restriction-testing declaration yesterday to cover Shek Fu House of Shek Lei (II) Estate, where around 1,510 people were tested.   A total of 16 positive cases were detected.   The Centre for Health Protection will follow up on the cases.
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