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Tuen Mun testing exercise done

The Government announced that the compulsory testing exercise and enforcement operation for the restricted area in Tuen Mun finished today with no positive COVID-19 cases found.   It made a restriction-testing declaration yesterday evening, requiring people within the specified area to stay in their premises and undergo compulsory testing.   The area covered JC Place Tower 1 in Castle Peak Bay where 380 citizens were tested.   In the subsequent enforcement operation, about 100 people’s test records were checked. Nobody was found to have not undergone mandatory testing.   Government staff also visited around 120 households in the restricted area, of which six did not answer the door. Such households are urged to contact the Government promptly to arrange testing.   According to the compulsory testing notice issued yesterday, those who had stayed in the building within a specified period for more than two hours must undergo testing by tomorrow even if they were not in the restr

Financial leaders meet

The Financial Leaders Forum, chaired by Financial Secretary Paul Chan, held its 16th meeting today.   Members were briefed by the Financial Services & the Treasury Bureau and financial regulators on the legislative proposals of introducing a fund re-domiciliation mechanism in Hong Kong.   They agreed that the proposals would help attract investment funds to set foot in Hong Kong, entrenching the city’s position as an international asset and wealth management centre.   During the meeting, the Securities & Futures Commission and the Hong Kong Exchanges & Clearing (HKEX) briefed members on the latest position of their study on a possible listing regime for special purpose acquisition companies in Hong Kong.   Members noted that the HKEX will consult the market on concrete proposals in the third quarter.   The bureau and financial regulators also briefed members on their work in examining how to further enhance Hong Kong's competitiveness as an international financial centre.   Additionally, members noted the latest progress and key legislative proposals to take forward the eMPF Platform project.   As a public utility and sophisticated infrastructure in the financial sector, the platform will allow room for fee reduction for the benefit of the Mandatory Provident Fund Scheme's members through enhanced operational efficiency and economies of scale.
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