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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

Domestic terrorism act condemned

The heads of five disciplinary forces today issued a statement strongly condemning the terrorist attack in which a police officer on duty was attacked with a knife on July 1.   The heads of the disciplinary forces include Commissioner of Customs & Excise Hermes Tang, Commissioner of Correctional Services Woo Ying-ming, Director of Fire Services Joseph Leung, Director of Immigration Au Ka-wang and Controller of the Government Flying Service Wu Wai-hung.   The forces’ heads also condemned the move by some people to glorify the attacker’s act as heroism on social media, adding that they fully support Police's resolute enforcement actions.   Online comments glorified the suspect’s cold-blooded act of violence, incited hatred and further terrorism activities. This not only directly encourages more people to replicate the suspect’s brutal and unlawful acts, but also condones the emergence of domestic terrorism, and puts Hong Kong's public safety and order at risk. Such influence can be catastrophic.   The officials emphasised that the disciplinary forces will stay united to keep up their commitment and fully co-operate with Police's enforcement actions.    They added that they will also continue to do their utmost in combating domestic terrorism, thereby ensuring the safety of Hong Kong citizens, maintaining public peace and safeguarding national security.
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