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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

Sewage plant open day underway

The Drainage Services Department announced that it is holding the Relocation of Sha Tin Sewage Treatment Works to Caverns - Community Liaison Centre Open Day 2022 on August 27 and 28.   Aside from showcasing the project’s latest developments, the occasion is being held to celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region.   Secretary for Development Bernadette Linn, accompanied by Director of Drainage Services Alice Pang, joined the public during today’s open day event, showing support for colleagues. Ms Linn then visited the works site in the cavern to learn about the project’s progress and challenges.   The relocation of Sha Tin Sewage Treatment Works to caverns is the largest cavern project in Hong Kong. Upon its completion, the environment of the existing plant and its surroundings will be enhanced and about 28 hectares of land will be released.   The department has applied innovative technologies and equipment in the project to enhance the efficiency and quality of the works and reduce the environmental impact and safety risks.   In addition to featuring exhibitions and game booths during the event, the department’s engineers are introducing cavern project highlights and the drill-and-blast construction method.   The public can also use the Immersive Cave Automatic Virtual Environmental System to view construction in the cavern, and learn about the cavern project and the department's work in sewage treatment and flood prevention.   Moreover, visitors can enjoy the sustainability design elements as they tour the rain garden and the greening back garden of the community liaison centre.   Click here for the details of the event.

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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