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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

Premises aided with air compliance

The working group established for the smooth implementation of the air change requirement in dine-in catering premises and government departments have been closely liaising with different stakeholders including catering business operators and ventilation works contractors.   The Secretary for Food & Health earlier stipulated a requirement on air change or air purifiers to be complied with in dine-in catering premises in the directions in relation to the catering business under the Prevention & Control of Disease (Requirements & Directions) (Business & Premises) Regulation.   To comply with the requirements, catering business operators have to register with the Food & Environmental Hygiene Department on or before April 30 that the air change per hour at their seating areas has reached at least six or air purifiers that meet the specified specifications have been installed according to the on-the-ground situation with a certificate issued by a registered specialist contractor.   As at April 22, 2,034 catering premises have submitted online registrations and another 129 have submitted online declarations before March 18 through the voluntary declaration scheme.   The working group and relevant government departments convened a meeting with the Real Estate Developers Association of Hong Kong today.   They will organise a webinar on April 27 to help the trade to master the requirements, and for direct communication between catering business operators and specialist contractors.   Catering premises must submit an extension application to the department if they cannot complete the registration on time.   Click here to download the application form.
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