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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

Glorifying violence unacceptable

Police today strongly condemned blatant violence and those who attempted to romanticise or glorify the despicable act of the attempted murder of a police officer with seditious intent to incite hatred in society.   The force noticed messages circulating online that honoured and paid tribute to the attacker who attempted to murder a police officer and committed suicide last night.   Initial investigations indicated that the case was a lone wolf-style act of domestic terrorism in which the attacker was believed to be radicalised by a myriad of fake information. He committed suicide afterwards.   Police pointed out that the attack was a clear threat to society's safety and a disregard for the rule of law, adding that no violent behaviour will be tolerated and resolute enforcement action will continue to be taken to safeguard public safety and order.   The force is actively gathering intelligence and stepping up patrols across the city, including the crime scene. People are encouraged to report any crime information to Police immediately.   According to section 9 and 10 of the Crimes Ordinance, any person who does or attempts to do, or makes any preparation to do, or conspires with any person to do, any act with a seditious intention, shall be guilty of an offence and is liable to a fine of $5,000 and imprisonment for two years.   Taking part in an unlawful assembly may also breach relevant offences under the Public Order Ordinance and is liable to a maximum penalty of five years' imprisonment.
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