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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

CE visits Polytechnic University

Chief Executive Carrie Lam visited Polytechnic University today to learn about its scientific research and meet the senior management to understand the university’s latest developments.   She toured the Precision Robotics Laboratory of the Research Centre for Deep Space Explorations and the University Research Facility in Materials Characterization & Device Fabrication, where she was briefed on the university’s research and applications in aerospace technology and advanced materials.   The university and the China Academy of Space Technology jointly manufactured various advanced space instruments that were adopted in the nation’s lunar and Mars exploration missions.   “The university’s cross-discipline scientific research team has distinguished deep space exploration capability and possesses practical experience in international space missions, contributing to the nation’s aerospace development with encouraging achievements,” she noted.   Mrs Lam then visited the Clean Room which supports the development of products like COVID-19 antibody biosensors, health monitoring devices, soft robotics, on-skin electronics and neuromorphic vision sensors using microfabrication tools for advanced device innovation.   With Hong Kong’s innovative and technological capabilities fully recognised by the central authorities in recent years, Mrs Lam hoped the university will continue to pursue excellence and encourage more young people to join in research and development field.   She also anticipated that coupling with the massive resources allocated by the Government, the university will play a role in the Guangdong-Hong Kong-Macao Greater Bay Area’s development as an international innovation and technology hub and make more contributions to the nation’s space projects.
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