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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

55 COVID-19 cases reported

The Centre for Health Protection today announced it is investigating an additional 55 COVID-19 cases, of which 51 are locally transmitted.   Sixteen of the local cases are untraceable, the centre’s Communicable Disease Branch Head Dr Chuang Shuk-kwan said at a press briefing this afternoon.   Dr Chuang pointed out that more than 80 preliminary positive cases have also been detected.   She said: “I understand that quite a few cases are reported from the community testing centre in Yau Ma Tei.   “It is possible that with the compulsory testing, more local residents know about this test and come forward for testing. Hopefully, we can investigate them and stop the spread.   "But of course, the sheer number of cases - so many cases - is a concern because any one of them may cause a major outbreak in the community and a further spread.”   Additionally, Dr Chuang said one of the confirmed local cases is a resident of an elderly care home.   “The elderly person mainly stayed in the home, so we suspect that there may be some silent transmissions in the elderly home.   “Because we have one case, so it’s possible that there may be some other cases later on or that have gone undetected at the moment, so we have put all of them under quarantine in the AsiaWorld-Expo at the present moment.”   For information and health advice on COVID-19, visit the Government's dedicated webpage.
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