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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

Remain vigilant in virus fight

(To watch the full press briefing with sign language interpretation, click here.)   People should remain vigilant despite the low double-digit number of COVID-19 cases registered for two consecutive days in Hong Kong, Under Secretary for Food & Health Dr Chui Tak-yi said today.   Dr Chui made the remarks at a press briefing where he announced that 12 additional COVID-19 cases are being investigated for the second day in a row.   “The number of newly confirmed COVID-19 local cases has remained a low double-digit number for a while. But of course the situation may always change. This status may be due to the combined effort of various policies and measures to combat the COVID-19 situation, and also due to the co-operation of the public in reducing activities that may pose additional risks for transmission.”   Dr Chui added that the local epidemic situation could change and cautioned people not to lower their guard in the fight to curb the spread of the virus.   “Of course the situation may change at any time. So I think it’s also the right moment to call for the co-operation of the public to continue social distancing throughout this period so that we can keep a persistently low new number of confirmed cases each day, so that we have more confidence in relaxing the various social distancing measures.”
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