Skip to main content

Featured

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

Intimidation against judges intolerable

The Government will take resolute actions and will not tolerate intimidation against judges and Police will leave no stone unturned to apprehend the culprit to safeguard the city's public peace and safety.   The Department of Justice issued the statement today in response to the criminal intimidation against judges threatening their personal safety after they have delivered a judgment.   It pointed out that Basic Law Article 85 guarantees that the courts of the Hong Kong Special Administrative Region shall exercise judicial power independently, free from any interference.   Intimidation against judges, who perform judicial duties, and posing threats to their personal safety are unacceptable.   Under section 24 of the Crimes Ordinance, anyone who threatens any other person with injury to him or her shall be guilty and liable to imprisonment of five years.   The department warned that criminal intimidation is a serious offence and urged the public not to break the law.
http://dlvr.it/S4Yvgt

Popular Posts