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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

Social distancing measures extended

The Government today announced that social distancing measures currently in place will be maintained until May 26.   The Food & Health Bureau said the Government relaxed certain restrictions with the vaccine bubble as the basis on April 29, with a view to responding to the aspirations of various trades and the public to resume normal daily lives as soon as possible.   It added that the implementation of the first phase of measures under the vaccine bubble is generally in order.   The bureau explained that to allow the relevant operators of premises and the general public to get used to the relevant measures, the Government will continue to maintain the existing restrictions applicable to catering business premises and scheduled premises, as well as the requirements for group gatherings and mask wearing.
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