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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

No COVID-19 case in restricted area

The Government announced that the compulsory testing exercise and enforcement operation for the Tuen Mun restricted area finished today with no confirmed COVID-19 case found.   It made a restriction-testing declaration last night, requiring people living at Block 6 of Handsome Court to stay in their premises and undergo compulsory testing. About 300 residents were tested.   In the subsequent enforcement operation, around 90 people were checked and 10 were found to have breached the compulsory testing requirement.   Government staff visited about 100 households, of which six did not answer the door. The households concerned should contact the Government as soon as possible to arrange testing.   People who stayed in the building for more than two hours from June 30 to July 22 must undergo compulsory testing by July 24 even if they were not present in the restricted area when the declaration took effect.
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