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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

18 virus cases in restricted areas

The Government today announced that 18 COVID-19 cases were found in the compulsory testing exercises for the restricted areas in Tai Hang and Wong Tai Sin.   It made restriction-testing declarations yesterday to cover Lai Kit Lau of Lai Tak Tsuen in Tai Hang and Chi Mei House of Choi Hung Estate in Wong Tai Sin.   Fourteen positive cases were found in Lai Kit Lau where around 932 people were tested.   At Chi Mei House, 1,100 people underwent testing. Four of them tested positive for the virus and two indeterminate cases were found.   The Centre for Health Protection will follow up on the cases. 
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