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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

Testing compliance check ends

The Government today said it has completed a joint enforcement operation on compulsory testing notice for four buildings in Central & Western District.   The notice covered Woodlands Court, Woodland Court and Woodlands Terrace at 1-4 Woodlands Terrace and Woodland House at 9A-9C Castle Road.   The enforcement action, which lasted from 7am to 10.30am, was conducted by the Central & Western District Office, the Home Affairs Department’s Office of the Licensing Authority, the Centre for Health Protection, Police and the Auxiliary Medical Service.   About 130 residents' test records were checked. Among them, 10 people were found to have violated the compulsory testing notice.   Noting that the enforcement process may have caused inconvenience to residents, the Government appealed for their understanding as the operation was conducted to stop the spread of COVID-19.
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