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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

4 restricted areas set

The Government made restriction-testing declarations today to require people within the specified restricted areas in Tsim Sha Tsui, Yuen Long, Hung Hom and Yau Ma Tei to stay in their premises and undergo compulsory testing for COVID-19 by 7am on February 2.   After risk assessment, the Government believes it is necessary to issue restriction-testing declarations for the restricted areas to break the districts' transmission chains.   The restricted areas are Majestic House in Tsim Sha Tsui, Ho Choi Building in Yuen Long, Loong King Mansion in Kowloon City as well as 142-148 and 150-160 Reclamation Street in Yau Ma Tei.   The declarations are effective from 7pm in Tsim Sha Tsui and Yuen Long, while declarations are effective from 8pm and 8.30pm in Kowloon City and Yau Ma Tei.   The Government will set up temporary specimen collection stations at the restricted areas and request people subject to compulsory testing in Tsim Sha Tsui and Yau Ma Tei to get tested before midnight. People within restricted areas in Yuen Long and Kowloon have to get tested before 2am.   They will be arranged to undergo nucleic acid test at specimen collection stations where staff will collect samples through combined nasal and throat swabs.   The Government will arrange door-to-door specimen collection for people with impaired mobility and elderly people, or arrange for them to self-collect and submit the deep throat saliva specimens.   Those who have undergone testing from January 30 to February 1 and can provide the SMS notification or related certification containing the test results are not required to be tested again. But they have to stay in their premises until all people in the area have been tested and the test results are mostly ascertained.   According to the compulsory testing notice issued today, those who had been at these buildings for more than two hours from January 19 to February 1, even if they were not present in the restricted areas when the declaration took effect, must undergo compulsory testing by February 3.   The Government has prepared simple food and basic cleaning tools for the residents restricted by the declaration. The Home Affairs Department has set up a hotline 2835 1473 for these residents to make enquiries and seek assistance. The Social Welfare Department will also assist affected people.
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