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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

ICAC head tests positive for COVID-19

Independent Commission Against Corruption Commissioner Woo Ying-ming today tested positive via a COVID-19 nucleic acid test, the commission said.   He is awaiting isolation arrangement from the Department of Health’s Centre for Health Protection.   Mr Woo last went to work on August 19. He wore a mask and followed disease prevention measures at work, including conducting rapid antigen tests daily. He has no recent travel history.   The commission will thoroughly clean and disinfect the offices concerned, and continue to implement disease prevention measures vigorously. Relevant staff members will undergo COVID-19 tests according to the centre’s advice.

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