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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

Anti-epidemic rule violations probed

The Home Affairs Department's Office of the Licensing Authority and the Food & Environmental Hygiene Department today conducted a joint investigation into suspected violations of anti-epidemic regulations at the Hong Kong Scout Centre in Jordan.   The investigation was conducted in accordance with the Prevention & Control of Disease (Requirements & Directions) (Business & Premises) Regulation and the Prevention & Control of Disease (Prohibition on Group Gathering) Regulation.   According to recent media reports, the person responsible for a clubhouse at the centre on 8 Austin Road was suspected of not complying with relevant requirements and directions issued by the Secretary for Food & Health in relation to clubhouses on April 10 and had arranged a banquet of more than 20 people.   Moreover, patrons who had organised a banquet at the centre for about 100 guests on the same day, were suspected of violating the relevant restrictions on group gatherings.   The Home Affairs Department urged those who had joined the banquet on April 10 and other people in the know to come forward and contact the Office of the Licensing Authority at 2881 7498 to provide relevant information to assist in the investigation.   Depending on the progress of the investigation, the authority may consider further legal action, including listing the people as wanted and/or instigating prosecution.   The authority will continue to proactively take stringent enforcement action and step up inspections at clubhouses across the city to ensure that those responsible for the premises and the patrons strictly comply with relevant provisions in the regulations for the prevention and control of diseases.
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