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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

Doctor registration bill backed

The Medical Registration (Amendment) Bill 2021 can help increase and stabilise the supply of medical talents for Hong Kong, the Hospital Authority said today.   In response to a recent online commentary, the authority said in a statement that it welcomed the Government’s announcement on submitting the bill to the Legislative Council on June 2 to introduce a new pathway for non-locally trained Hong Kong doctors to return and serve in the city.   The bill stipulates that doctors applying for special registration must be Hong Kong permanent residents.   The authority noted that it will continue to collaborate with the Academy of Medicine to facilitate non-locally trained doctors to receive specialist training while working in Hong Kong, assess their job performance for the five years following the attainment of their specialist qualification and acknowledge their competence as doctors before they can apply for full registration.   The commentary stating that the bill's purpose is to introduce mainland doctors is purely speculative, arouses undue conflicts and misleads the public, the authority said, adding that the Government is imposing a higher requirement for non-locally-trained doctors in comparison with locally trained doctors who can obtain full registration after completing a one-year internship.   The authority stressed that the purpose of the bill is to attract non-locally trained doctors, who are Hong Kong permanent residents, to return to Hong Kong and serve for a specific period of time in the public healthcare sector.   By serving in the public healthcare sector for an extended period of time, the non-locally trained doctors will definitely help relieve frontline doctors’ workload, it added.   Although the two local universities have progressively increased the intake of medical students, while the authority has recruited all suitable local medical graduates, supply still falls short of the city’s demand due to an ageing population and rising service needs.   The authority noted it was concerned about the manpower situation of doctors in public hospitals and has implemented various human resources measures to increase and retain manpower, meet service demand and alleviate frontline doctors’ workload.   It also trusted that the Government’s proposed plan could increase and stabilise the supply of medical talents and hoped the profession could be more liberal in the discussion.
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