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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

Contact tracing yields more info

The Centre for Health Protection today confirmed further details of the itinerary of two local COVID-19 cases with the N501Y mutant strain resulting in more people being placed under compulsory quarantine.   Epidemiological investigations revealed that cases 11643 and 11672 attended a family gathering with relatives of case 11672 on April 13 at Fung Hing House of Hing Wah (II) Estate in Chai Wan.   Three of the attendees then had another gathering at their home at 37 Fuk Wing Street in Sham Shui Po, with cases 11773, 11793 and 11797 on April 18.   In accordance with the latest information, the centre has immediately arranged for the attendees of both gatherings to undergo compulsory quarantine.   People who had stayed at 37 Fuk Wing Street from April 15 to May 5 have to undergo compulsory testing before May 7.   The workplaces of two attendees of the above gathering will also be put under compulsory testing notices. They are Urban Bakery Works on 3/F, Landmark Atrium and Oliver's the Delicatessen on 2/F, Landmark Prince's.   For Fung Hing House, a compulsory testing notice was issued on May 3 due to the results of sewage sample tests.
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