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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

Compulsory testing strengthened

To strengthen its tracing ability, the Government today announced that it will publish in the gazette compulsory testing notices which require all household members of close contacts to undergo compulsory COVID-19 testing.   The Food & Health Bureau explained that after taking into account expert advice, the Government will strengthen testing for close contacts of confirmed cases for gatekeeping at the source in order to cut the transmission of the virus swiftly.   Currently, the Centre for Health Protection requires asymptomatic close contacts of confirmed cases to undergo compulsory quarantine in quarantine centres.   To strengthen tracing ability, the Government will now require the household members of close contacts to undergo compulsory testing.   All people who live with any individual placed under quarantine in the same residential unit on the date of commencement of quarantine or during the 14 days before that day, and who become aware of the quarantine of the individual under quarantine when the relevant quarantine has not yet been completed, have to undergo testing within two days of becoming aware that the individual has been placed under quarantine.   Those concerned must also report their test results to the Government by phone at 6275 6901, fax at 2530 5872 or email to ct@csb.gov.hk within three days of undergoing the test.
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