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Kai Tak site accident being probed

The Government expressed that it is highly concerned about an accident involving the collapse of a bamboo scaffold at a Kai Tak construction site today in which two workers were killed and three others injured.   A preliminarily investigation by the Buildings Department (BD) found that the scaffold, measuring about 15m by 8m, fell to the ground from the external wall on the 19th floor of a building under construction.   The BD said it will conduct a comprehensive investigation into the cause of the incident, including whether the scaffold, as temporary works, complied with the Buildings Ordinance and whether the registered contractor and any related persons have properly discharged their responsibilities.   It added that if anyone is found in contravention of the ordinance, it will take follow-up actions, including instigating prosecution and referring to the Contractors Disciplinary Board for disciplinary proceedings.   The Labour Department (LD) also launched an immed

RMB sovereign bonds to be issued

The Hong Kong Special Administrative Region Government today welcomed the Ministry of Finance's plan to issue sovereign bonds totalling RMB20 billion in Hong Kong this year.   The ministry plans to issue renminbi sovereign bonds in three batches of RMB8 billion, RMB6 billion and RMB6 billion each.   The Hong Kong SAR Government noted this is the 13th consecutive year the ministry has circulated RMB sovereign bonds in Hong Kong.   It said this demonstrates clearly the central government's support in reinforcing Hong Kong's status as an international financial centre and the global offshore RMB business hub, and is conducive to promoting the sustainable development of Hong Kong's bond market.
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