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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

Tech voucher secretariat announced

The Innovation & Technology Commission today announced the Hong Kong Productivity Council had been commissioned to serve as the secretariat of the Technology Voucher Programme.   The commission and the council have largely completed the transition work, and programme applications will be progressively transferred to the council for processing.   The commission said that, after reviewing the operation of the Technology Voucher Programme and referring to the operational experience of other funding schemes, it had decided to commission the council to assist in the implementation of the programme, leveraging its manpower resources and abundant experience to enhance the efficiency in processing applications.   Under the Innovation & Technology Fund, the programme aims to subsidise local enterprises and organisations to use technological services and solutions to improve productivity or upgrade or transform their business processes.   Under the new arrangement, applicants can continue to submit applications through the programme’s online system.   Click here for details.   For enquiries, call 2789 7000 or send an email.
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