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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

CE attends war victory tribute

Chief Executive John Lee and senior government officials today attended a ceremony at Hong Kong City Hall Memorial Garden to commemorate the victory of the Chinese people's war of resistance against Japanese aggression.   The event included the playing and singing of the National Anthem, flag raising, a Police Rifle Squad rifle volley, silence in mourning and bowing in tribute.   The National Committee of the Chinese People's Political Consultative Conference vice chairman, representatives of Central People's Government organisations in Hong Kong, the Court of Final Appeal Chief Justice, former Chief Executives, members of the Executive Council and the Legislative Council were among those in attendance.   Representatives of veteran groups, Hong Kong deputies to the National People's Congress, Hong Kong members of the National Committee of the Chinese People's Political Consultative Conference, the Heung Yee Kuk and uniformed groups also attended the ceremony.
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