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

Welfare chief visits elderly home

Secretary for Labour & Welfare Dr Law Chi-kwong today visited Forward Living in Tuen Mun, the first purpose-built residential care home for the elderly under a scheme that encourages provision of such premises in new private developments.   The elderly care home started operation in June, providing 191 residential care places for seniors.   Accompanied by its management team, Dr Law first took a closer look at anti-epidemic measures in the elderly home which is equipped with an air monitoring system for regular testing of air quality.   He then received a briefing on the application of gerontechnology in the premises, including the smart Elderly Homes Management System linking various facilities for one-stop drug management and monitoring of residents’ health.   Other applications include the provision of nutritional soft meals for seniors with swallowing difficulties, the installation of rehabilitation and cognitive training equipment as well as care and antibacterial furniture.   Under the scheme, the relevant elderly home premises will be exempted from paying the premium under land transactions on the condition that the developers are willing to accept certain lease conditions to ensure the delivery of such premises.   The proposed projects must also be supported by the Social Welfare and relevant departments.   The land transaction involving Forward Living was made at the end of 2012.   Dr Law said the Government would continue to increase residential care places for the elderly by adopting a multipronged approach and maximising land use, as well as encouraging participation by more private enterprises in providing quality elderly home services.
http://dlvr.it/S6gtWS

Popular Posts