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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 rules kept

The Government today announced that social distancing measures currently in place will be extended until June 23.   The requirements and restrictions applicable to catering businesses and scheduled premises, as well as the requirements for group gatherings and mask wearing will be maintained.   Noting that local cases with the N501Y mutant strain have been recorded recently and the source of infection has yet to be identified, the Food & Health Bureau said it is not appropriate to relax social distancing measures at the moment.   The bureau added that in the face of the challenges posed by mutant strains, there is a pressing need to get vaccinated.   Taking into account the epidemic development, the Government will continue to adjust social distancing measures under the vaccine bubble principle.   In addition to the protection received, people who have completed the vaccination course would also be subject to more lenient requirements under the various social distancing measures.
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