Skip to main content

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

5 typhoon names added

Five new tropical cyclone names have been added to this year's list for typhoons in the western North Pacific and the South China Sea, the Hong Kong Observatory announced today.   They are Penha, Peilou, Narra, Gaenari and Bang-lang.   Penha, a name originating from China, is derived from Penha Hill, a scenic spot in Macau.   Peilou, from China, is a common migratory bird in Macau.   Narra, from the Philippines, is a species of tree.   Gaenari, from Korea, is a spring flowering shrub with yellow flowers.   Bang-lang, from Vietnam, is a flowering tree species.   The United Nations Economic & Social Commission for Asia & the Pacific/World Meteorological Organization Typhoon Committee endorsed the names at its 54th session.   They will replace the names of Vongfong, Linfa, Molave, Goni and Vamco.   The committee will consider retiring names of tropical cyclones which have caused serious casualties and economic losses.   In May 2020, Severe Typhoon Vongfong left at least 160 people injured and damaged more than 10,000 houses during its passage across the Philippines.   In October 2020, Tropical Storm Linfa brought torrential rain to Vietnam, leading to 148 deaths or missing people.   Severe Typhoon Molave hit the Philippines and Vietnam in late October 2020, resulting in at least 50 deaths, 40 injuries and 78 people missing.   Super Typhoon Goni, the most intense tropical cyclone in the western North Pacific and the South China Sea since 2013, hit the Philippines in early November 2020. It killed at least 25 people and damaged over 170,000 houses.   In mid-November 2020, Severe Typhoon Vamco brought torrential rain and squalls to the Philippines and Vietnam, leaving at least 102 people dead, 90 injured and 10 missing.
http://dlvr.it/SPNgzk

Popular posts from this blog

Download Ricepon App on iPhone and Android

I found a very good dining app in Hong Kong. You can use QR Code to order food in restaurant, order takeaway at home and enjoy coupon. iPhone Download : https://tinyurl.com/wywn5lc Android Download : https://tinyurl.com/tnvlug8 Ricepon App Official Website : http://www.gingersoft.com.hk/ricepon-app/

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