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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

CE visits nat'l security dept

Chief Executive Carrie Lam today visited the Office for Safeguarding National Security of the Central People's Government (CPG) in the Hong Kong Special Administrative Region and the Police National Security Department.   During the visits, Mrs Lam, along with leaders of the respective offices, reviewed the effectiveness of the implementation of the National Security Law over the past year.   She expressed gratitude to the Office for Safeguarding National Security of the CPG for its effective discharge of duty in accordance with the National Security Law under the leadership of Zheng Yanxiong, including overseeing, guiding, co-ordinating with and providing support to the Hong Kong SAR in its work in safeguarding national security.   "The National Security Law has turned chaos to order and restored stability in Hong Kong society. Over the past year, national security awareness has gradually increased in Hong Kong, to which the CPG Office on National Security has made significant contributions.   “I, on behalf of the Hong Kong SAR Government, express gratitude to the central authorities and the CPG Office on National Security."   The Chief Executive also fully acknowledged the effective enforcement of the National Security Law by the Police National Security Department over the past year, noting that they have been taking up the responsibility of safeguarding national security steadfastly.   "Safeguarding national security is an honourable and vital duty. As the national security risks in the Hong Kong SAR have not been completely eradicated, all of us are required to continue to discharge our duty to safeguard national security with profound courage and full confidence."
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