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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

North Point restricted area set

The Government made a restriction-testing declaration at 7pm to require people at Blocks A, B, C and D of Tung Fat Building in North Point to stay in their premises and undergo compulsory testing for COVID-19 in accordance with its arrangement.   It exercised the power under the Prevention & Control of Disease (Compulsory Testing for Certain Persons) Regulation (Cap 599J).   The restricted area refers to Blocks A, B, C and D of Tung Fat Building, Kam Ping Street.   Eight confirmed cases and five preliminary positive cases of COVID-19 recently occurred at Block C of Tung Fat Building, involving different units and floors.   After conducting a risk assessment, the Government decided that it is necessary to issue a restriction-testing declaration for the restricted area to break the transmission chain in the district and dispel the residents’ worries.   It will set up temporary specimen collection stations at the restricted area and request people subject to compulsory testing to undergo testing before 2am tomorrow.   They must also stay at their place of residence until all test results are ascertained to avoid the risk of cross-infection.   The Government will arrange door-to-door specimen collection for seniors and people with impaired mobility, or make arrangements for them to self-collect and submit the deep throat saliva specimen.   It strives to complete testing of all identified people subject to compulsory testing and confirm the results, as well as finish the exercise at around 7am tomorrow to allow residents to start getting to work.       Those who had undergone previous testing from January 26 to 28 and are able to provide the SMS notification or related certification containing the results are not required to be tested again.   However, they are required to stay in their premises until all people identified in the area have undergone testing and the results are mostly ascertained.   All people who had been at Blocks A, B, C and D of Tung Fat Building for more than two hours during the specified period, even if they were not in the restricted area at the time the declaration took effect, must undergo compulsory testing by the same time as mentioned above.   The Home Affairs Department has set up a hotline 2835 1473 for enquiries. The Social Welfare Department is also providing assistance to those affected.  
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