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4 arrested for disorderly conduct

Police arrested four people after noticing that some individuals were displaying protest items that contained seditious wordings, chanting and committing unlawful acts in the vicinity of Causeway Bay since the afternoon of June 3.   Police announced the arrests in a statement and explained that upon investigation, they arrested the four individuals on suspicion of disorder in public places and doing an act or acts with seditious intention.   Additionally, four other people suspected of breaching public peace were brought to the police station for further investigation.   The force stressed that they are highly concerned about people attempting to incite and provoke others to commit illegal acts that endanger national security, public order and public safety.   Apart from stepping up patrols and enhancing intelligence-gathering, Police added that they will closely monitor the situation of various districts and strive to prevent and combat crimes. http://dlvr.it/Sq8xN8
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Green bond issuance successful

The Government today announced the successful offering of RMB5 billion offshore renminbi green bonds under the Government Green Bond Programme.   This is the Government's inaugural offering of renminbi-denominated bonds. The offering comprises two tranches of RMB2.5 billion three-year and RMB2.5 billion five-year.   The green bonds saw strong demand from diversified group of investors despite recent market volatility, and 54% of the issuance size was distributed to banks, 35% to fund managers, private banks and insurance companies, and 11% to supranationals, official institutions and corporates.   Financial Secretary Paul Chan said this landmark offering by the Government further enriches the range of offshore renminbi financial products available in Hong Kong, consolidates the city's role as the premier offshore renminbi centre and contributes to promoting the internationalisation of the renminbi.   Mr Chan explained that the offering also strengthens the Hong Kong platform to better serve renminbi issuers who raise green financing in support of low carbon transition efforts.   “Together with the US dollar and euro-denominated green bond offerings last week, it demonstrates our continued commitment to further develop the green bond market through piloting issuances with different parameters,” he added.   The green bonds are expected to be settled on November 30 and listed on the Hong Kong Stock Exchange and the London Stock Exchange.   Proceeds raised under the programme will be used to fund projects that will improve the environment and facilitate the transition to a low carbon economy.
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