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The government issued another manuscript to explain Nie Dequan's Facebook apology for the position of the "two offices"

The Bureau of Constitutional and Mainland Affairs issued a press release tonight (20th) that the government issued three press releases on the recent talks between the Hong Kong and Macau Affairs Office of the State Council and the Central Liaison Office on Saturday and Sunday (18th and 19th), causing confusion. I will explain this further; Nie Dequan, the Director of Constitutional and Mainland Affairs, immediately posted a news release on Facebook. He made an error on the news release issued on Saturday. He needs to send a correction and explanation to the post, which makes me feel sorry for the confusion and misunderstanding.

The evening press release of the Constitutional Affairs Bureau stated:

. On the afternoon of the 18th, the first press release was issued, entitled "The government responds to media inquiries about the two offices' comments." Because the press release is about "the Central Liaison Office is one of the three institutions established by the central government under Article 22, paragraph 2 of the Basic Law" The "1" statement does not match the facts, so a revised draft was sent to the media on the same night.

. The second paragraph of Article 22 of the Basic Law states, "If various departments of the central government, provinces, autonomous regions, and municipalities directly under the Central Government need to establish an organization in the Hong Kong Special Administrative Region, they must obtain the approval of the Hong Kong Special Administrative Region Government and obtain approval from the Central People's Government."

. The predecessor of the Central Liaison Office was the Hong Kong Branch of Xinhua News Agency. It was established in May 1947 and has been performing relevant duties in Hong Kong as an agency of the Central People's Government. After the return of Hong Kong, the Xinhua News Agency Hong Kong Branch continued to exist as a working agency authorized by the Central Government. In December 1999, the State Council decided to rename the Hong Kong Branch of Xinhua News Agency as the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, referred to as the Central Liaison Office. Therefore, the Liaison Office was not established in accordance with Article 22, paragraph 2, of the Basic Law.

. The third press release was issued in the early hours of April 19, the purpose of which was to explain the relevant amendments. It was also pointed out that the Special Commissioner ’s Office in Hong Kong and the People ’s Liberation Army Garrison in Hong Kong were established under Articles 13 and 14 of the Basic Law, respectively.

. All central agencies in Hong Kong and their personnel, including the Central Liaison Office, the Ministry of Foreign Affairs Special Commissioner ’s Office in Hong Kong and the People ’s Liberation Army stationed in Hong Kong, must strictly abide by the Basic Law and Hong Kong laws and perform their duties in accordance with the principle of "one country, two systems."

. The Liaison Office is authorized by the central government to handle Hong Kong affairs, has the power and responsibility to represent the central government, and express its views on major issues related to the relationship between the central government and the SAR, the correct implementation of the Basic Law, the normal operation of the political system, and issues related to the overall interests of society. , Exercise the right to supervise. In the performance of relevant duties, there is no interference in the affairs of the Hong Kong Special Administrative Region under the Basic Law.

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Hong Kong stocks fell 49 points, Ping An Good Doctor's innovation rose nearly 9%

Caihua News Agency] On April 20, Hong Kong stocks showed a lack of direction to move up and down within a narrow range, and the wait-and-see atmosphere was strong. Finally, it closed down 49.98 points or 0.21% to 24330.02 points; the transaction amount shrank to less than 100 billion yuan, only 89.84 billion Hong Kong dollars. The Hang Seng China Enterprises Index closed at 9824.42 points, up 9.22 points or 0.09%.

On April 20, we ushered in the fourth quoted price of the loan market quoted rate (LPR) in 2020. According to the National Interbank Interbank Center, the 1-year LPR in April was 3.85%, down 20 basis points from March; the 5-year LPR was 4.65%, down 10 basis points; the largest decline since August last year.

A shares generally rose. The Shanghai index rose 0.5% to 2852.55 points, the Shenzhen Component Index rose 0.89% to 10621.5 points, and the ChiNext rose 1.12% to 2043.44 points.

The US stocks Dow closed at 24,242 points last Friday, up 704 points or 3%. US Governor Trump announced the restart of the economic plan that was hit hard by the epidemic. In addition, a drug by the US biochemical company Gilead Sciences has reported results in the treatment of the new coronavirus; both have stimulated US stocks to rise.

Hong Kong stocks opened 123.56 points or 0.51% higher following the outside world; they turned up and fell immediately after the market opened, and saw an intraday low of 24225.55 points at 9:45, which was up to 154.45 points from 24380 points closed last Friday; , And saw the intraday high of 24503.56 points at 11:19, up to 123.56 points; the volatility was 278.01 points, and finally fell 49 points.

April Hang Seng Index futures reported at 24,344 points at 15:58, down 12 points, and nearly 100,000 open contracts. The Hang Seng China Enterprises Index Futures reported 9834 points, up 26 points, and 187,000 open contracts.

In terms of individual stocks, Tencent (00700-HK) fell slightly by 0.2% or HK $ 1 to close at HK $ 408.6.

Alibaba-SW (09988-HK) fell 0.9% or HK $ 1.8 to close at HK $ 205.8. Alibaba's Alibaba Cloud announced that it will invest another 200 billion yuan in the next three years for the development of major core technologies such as cloud operating systems, servers, chips, and networks, as well as the construction of future-oriented data centers.

Ping An (02318-HK) rose 0.4% or HK $ 0.3 to close at HK $ 78.9.

Oil prices fell and F Samsung's crude oil period (03175-HK) fell 7.4% or HK $ 0.31 to close at HK $ 3.87. Although oil-producing countries reached an agreement to reduce production earlier, the market is still concerned about the sudden drop in demand for crude oil under the new coronary pneumonia epidemic. In addition, it is also concerned that traders will soon run out of oil storage space. New York crude oil futures continued to fall by 10% during the Asian session this morning, at $ 15.91, down $ 2.36 or 12.9%, the lowest level since April 1999.

SMIC (00981-HK) was sought after and continued to rise repeatedly, rising 3.6% or HK $ 0.54 to close at HK $ 15.58. Compared with the historical high of 17.36 Hong Kong dollars on February 7, 2020, a gap of 10.3%. It was reported again last week that Huawei is gradually shifting the company's internal design wafer production work from TSMC to the mainland company SMIC, preparing to respond to more restrictive measures introduced by the United States.

China Gas's share price fell by 4.3% or 1.05 Hong Kong dollar last Friday due to the shareholder's discount, and today it reversed the decline and rose 3.4% or 0.8 Hong Kong dollar to close at 24.05 Hong Kong dollar. China Gas was sold by South Korea's SK Group last week and sold 10.25% of its shares. At a price of 21.15 Hong Kong dollars to 22 Hong Kong dollars per share, it placed about 535 million shares of China Gas, cashing out 11.315 billion to 11.77 billion Hong Kong dollars. Market analysis indicates that the current selling pressure has been eliminated.

Ping An Good Doctor (01833-HK) rose above the 100-yuan mark and hit a record high, closing at 104.6 Hong Kong dollars, up nearly 9% or 8.6 Hong Kong dollars. Wang Tao, CEO of Good Doctor, revealed last week that he plans to launch an online medical service platform in Japan in the second quarter of this year. Good Doctor cooperated with Grab earlier to build an online medical service platform GrabHealth in Indonesia and launched it in Indonesia at the end of last year. Currently, there are about 10,000 online consultations per day, and only about 5,000 to 6,000 daily before the outbreak. In the long run, the Group hopes to gradually implement the cooperation plan with Grab and gradually expand its business in countries such as Singapore, Thailand, Vietnam and the Philippines to further expand Southeast Asia.

Gome Retail (00493-HK) won more and more favors, rose 16.4% or 0.12 Hong Kong dollars, and closed at 0.85 Hong Kong dollars, a two-month high; the turnover was 606 million Hong Kong dollars. Gome Retail announced that on April 17, 2020, the company issued convertible bonds with a total value of US $ 200 million to Pinduoduo with a maturity of 3 years and an interest rate of 5%. The proceeds will be used to repay the loan. According to the subscription agreement, the initial share conversion price was HK $ 1.215 per share, a premium of 66.44% from last Friday ’s closing price. Assuming that all conversion rights are exercised, Gome will allocate approximately 1.284 billion shares to Pinduoduo, accounting for approximately 5.62% of the enlarged issued share capital.

For transaction stocks, China Pioneer Pharmaceuticals (01345-HK) rose 20% or HK $ 0.15 to close at HK $ 0.9; the turnover was HK $ 11.5 million. China Pioneer Pharmaceuticals announced on April 18 that it will sell disposable and protective masks to major shareholders for a total amount of approximately 1.2 million euros.

China Shandong Express Finance (00412-HK) fell 13.5% or 0.06 Hong Kong dollars to close at 0.385 Hong Kong dollars; the turnover was 28.7 million Hong Kong dollars. China Shandong Expressway Finance rose to a high of more than 3 years and 3 months on April 14, after seeing HK $ 0.5, it fell for the fourth consecutive trading day. Harvest Fund directly bought 6.847 billion shares of Shandong Express Finance at the position of 0.2875 Hong Kong dollars on March 16, accounting for 28% of the company's outstanding shares, and became the company's second largest shareholder.

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