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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

New bus interchange to open

The bus interchange at Tseung Kwan O Tunnel Toll Plaza (Kowloon bound) will open on the morning of May 1.   Thirty bus routes will stop at the interchange, including 15 whole-day, four early morning-only and 11 peak-only bus services.   Passengers changing buses for designated routes there will enjoy fare concessions.   Shelters, seats and display panels showing estimated bus arrival times are provided at the interchange.
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