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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

Fake websites, apps followed up

The Office of the Government Chief Information Officer (OGCIO) today said it has referred all suspected fraudulent LeaveHomeSafe websites and mobile apps to Police for follow-up.   It said the fraudulent LeaveHomeSafe mobile app situation is running rampant, adding that making or using those fake apps may breach relevant laws.   While explanatory work on the LeaveHomeSafe mobile app will continue, the OGCIO reminded the public to discern fact from fiction and not to believe in fake and false information.   The Office of the Privacy Commissioner for Personal Data also issued a press release on February 19 which confirmed that the app is in compliance with the Personal Data (Privacy) Ordinance's relevant requirements.   The OGCIO reiterated that the LeaveHomeSafe mobile app does not require registration for use and it does not have a tracking function. Venue check-in data will not be uploaded or transferred to the Government or any other systems, and is saved on users' mobile phones only.   Matching of users' check-in data and the issuing of health alerts will only be carried out within the app. Users' whereabouts will not be disclosed.   The app does not pose a risk to privacy, the OGCIO noted.   Given that the app has undergone and passed security risk assessment and auditing as well as privacy impact assessment conducted by independent third parties to ensure its compliance with the Personal Data (Privacy) Ordinance, members of the public can feel at ease when using the app.   The OGCIO also reminded people that visiting or downloading websites or mobile apps of doubtful origin pose risks to cyber security and privacy. They should adopt proper information security measures and must not defy the law.
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