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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 mourns Gerard Brennan

Chief Executive Carrie Lam today expressed deep sorrow over the passing of former non-permanent judge of the Court of Final Appeal Gerard Brennan.   Mr Brennan was a non-permanent judge of the Court of Final Appeal from 2000 to 2012. With his great experience, he guided the Court of Final Appeal in handling many complicated cases and made significant contributions to the Judiciary.   He was awarded the Gold Bauhinia Star in 2013.   Mrs Lam said she was saddened by Mr Brennan's passing and extended her deepest condolences to his family on behalf of the Government.
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