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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

Voucher collection deadline extended

The Government announced today that it will extend the deadline for Octopus card users to tap their cards for collecting consumption vouchers to September 30, 2022.   The original arrangement requires people who collect the vouchers via Octopus to tap their cards to collect the vouchers within three months after the disbursement date of each instalment as the uncollected voucher value will become invalid after the deadline.   Hence, those who were disbursed with the first vouchers on August 1 via Octopus cards must tap their cards to collect the vouchers by October 31.   As a small number of people have not yet tapped their cards to collect the vouchers and in view of the same situation possibly occurring again, the collection period will be extended to September 30, 2022 regardless of batches and instalments.   The arrangement aims to spare the public the need to calculate the collection periods for vouchers disbursed at different times.   This change will not affect the other existing arrangements for disbursing vouchers via Octopus to eligible people, the Government added.   Click here or call 18 5000 to enquire about the Consumption Voucher Scheme.
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