billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: We will be soft consulting the industry on these new initiatives.

assistant: 我們會就有關新措施向業界進行非正式諮詢。
user: Please translate the following sentence from English to Chinese: Through the Committee on Unit Trusts, we were able to grant a waiver from this requirement taking into account factors such as the legal constraints on investing directly in the A-Share market, the reputation of the issuer of the equity-linked instruments, the enhanced disclosure made in the offering document, and the criteria for selecting the issuer of the equity-linked instruments.

assistant: 在考慮了多項因素後，例如直接投資於A股市場的法例限制、股票掛鉤投資工具發行商的信譽、銷售文件已加強披露基金詳情、甄選股票掛鉤投資工具發行商的準則等，我們透過單位信託委員會豁免該基金遵守上述規定。
user: Please translate the following sentence from English to Chinese: The Mainland government has opened up its financial markets to foreign investors through the QFII scheme, which allows Qualified Foreign Institutional Investors to invest in Mainland securities.

assistant: 內地政府透過 QFII 計劃向境外投資者開放了多個金融市場，讓合格境外機構投資者有機會投資於內地證券。
user: Please translate the following sentence from English to Chinese: The deadline of 1 January 2010 has been set for all IOSCO members to become signatories to the MMOU or to make a firm commitment to join.

assistant: 2010 年 1 月 1 日已被設定作爲所有國際證監會組織成員成爲《諒解備忘錄》簽署方或提出加入成爲簽署方的確切承諾的期限。
user: Please translate the following sentence from English to Chinese: There is of course the down side risk that they lose what they have invested – but investors are generally optimists so they tend to focus on the upside potential.

assistant: 當然，他們亦要承擔損失投資額的風險—但投資者一般都是樂觀主義者，傾向著眼於升值潛力。
user: Please translate the following sentence from English to Chinese: They are a powerful and effective backstop but not the panacea to all regulatory issues.

assistant: 雖然它們是強力而有效的遏制措施，但並非處理所有監管問題的靈丹妙藥。
user: Please translate the following sentence from English to Chinese: We will follow the progress of Singapore Monetary Authority’s consultation with interest.

assistant: 我們將會繼續關注新加坡金融管理局這項諮詢的進展。
user: Please translate the following sentence from English to Chinese: Global regulatory trends

assistant: 全球監管趨勢
user: Please translate the following sentence from English to Chinese: One of the hot topics currently being discussed by international regulators is the issue of appropriate disclosure and ways to address intermediary conflicts of interest.

assistant: 國際監管機構現正熱烈討論的課題之一，是有關適當披露的事宜及處理中介人利益衝突的方法。
user: Please translate the following sentence from English to Chinese: And our strategy here is very simple – we want them out of the industry.

assistant: 我們對該組別的營運者所採納的策略非常簡單――我們要將它們驅逐離場。
user: Please translate the following sentence from English to Chinese: These are the sub-prime borrowers expected to be less likely to repay their mortgages in full.

assistant: 這些是預計能夠全數償還按揭的可能性較低的次級按揭借款人。
user: Please translate the following sentence from English to Chinese: The board of directors and senior management should set a strong governance culture within their firms and ensure that there is adequate management supervision, risk management and internal controls.

assistant: 董事局及高級管理層應在所屬商號內建立強而有力的管治文化，確保存在充足的管理層監督、風險管理及內部監控。
user: Please translate the following sentence from English to Chinese: It is physically close to Hong Kong;

assistant: 內地毗鄰香港；
user: Please translate the following sentence from English to Chinese: what do investors want to know that is not now required by the disclosure rules?

assistant: 有哪些信息是投資者希望掌握，但現行的披露規則卻沒有規定須提供的呢？
user: Please translate the following sentence from English to Chinese: The Hang Seng index peaked at 3,950 on 1 October, 89% up from a year previously.

assistant: 恒生指數在 10 月 1 日創出 3,950 點的高峯，較一年前上升了 89%。
user: Please translate the following sentence from English to Chinese: My colleagues sit on HKSI’s Board and some of its committees.

assistant: 我的同事更擔任香港證券專業學會董事局及其部分委員會的成員。
user: Please translate the following sentence from English to Chinese: As you know, our asset management industry has reported very impressive double digit growth in each of the last five years (total AUM of US$789 billion as at end 2006 compared to US$378 billion as at end 2003;

assistant: 衆所周知，本港的資產管理業在過去五年期間成績驕人，每年都錄得雙位數的增長（管理資產總值在2006年年底達到7,890億美元，遠高於2003年年底時的 3,780億美元；
user: Please translate the following sentence from English to Chinese: Hong Kong is among the growth stories too, with 87,000 people (or 14 in every 1,000 people) being a US dollar millionaire.

assistant: 香港也是其中一個錄得可觀增長的地區，共有 87,000 人(即每 1,000 人當中便有 14 人)是以美元計算的百萬富翁。
user: Please translate the following sentence from English to Chinese: Meanwhile, just as importantly, we have taken on the task of training the Mainland corporations and financial intermediaries in the art and science of financial markets, governance, regulation and risk management.

assistant: 同樣重要的是，我們同時爲內地企業和金融中介人提供培訓，闡釋金融市場運作之道、企業管治、法律法規和風險管理等。
user: Please translate the following sentence from English to Chinese: Over the past few years, the number of Hong Kong-domiciled funds has been increasing by an average of around 30% a year.

assistant: 過去數年，在香港註冊成立的基金數目每年平均增長約 30%。
user: Please translate the following sentence from English to Chinese: She stressed that investors in Hong Kong and the Mainland are subject to the same treatment in respect of investor protection, exercise of rights, compensation and disclosure of information.

assistant: 她強調，香港與內地的投資者在投資者保障、行使權利、賠償及信息披露方面均獲得同等對待。
user: Please translate the following sentence from English to Chinese: We are consulting the industry with a view to issuing a circular on this soon.

assistant: 我們現正諮詢業界的意見，希望儘快就此發出通函。
user: Please translate the following sentence from English to Chinese: Regardless of the location of the managers of these SFC-authorised funds, their asset size comprises the investment capital raised by the managers of the funds in all the relevant jurisdictions.

assistant: 不論這些證監會認可基金的經理所在何地，其資產規模都包含有關的基金經理在所有相關司法管轄區所彙集的投資資本。
user: Please translate the following sentence from English to Chinese: iv) Fourthly, we propose issuing new principle based guidelines for the marketing of derivative warrants to cover the whole spectrum of the marketing and promotion campaign via all forms of media.

assistant: iv) 第四，我們建議就衍生權證的推銷活動發出以原則爲本的新指引，以涵蓋透過各類媒體進行的一系列不同形式的推銷及宣傳活動。
user: Please translate the following sentence from English to Chinese:  During 2013, the market share of PRC-related SEHK participants (parent companies of which are under supervision of the CSRC or other PRC regulators) was around 11% of the total turnover.

assistant:  2013 年，內地背景的市場參與者（母公司由中國證監會或其他內地監管機構監管）約佔香港股市總成交額的 11%；
user: Please translate the following sentence from English to Chinese: and (c) an increase in our external professional services, recruitment and custodian charges by about 7.0% ($1.3 million).

assistant: 及 (c) 我們聘用外間專業服務、人手招聘及託管費增加約 7.0%(130 萬元)。
user: Please translate the following sentence from English to Chinese: The SFC has therefore named January the Investor Education Month to highlight the importance of investor education.

assistant: 因此，證監會將 1 月定爲投資者教育推廣月，以凸顯投資者教育的重要性。
user: Please translate the following sentence from English to Chinese: I am pleased to report that progress has been made in each of these areas.

assistant: 我欣然向各位彙報，上述各範疇均已取得進展。
user: Please translate the following sentence from English to Chinese: Insufficient knowledge of clients;

assistant: 對客戶認識不足；
user: Please translate the following sentence from English to Chinese: This cap was put in place, in past years, as a temporary austerity measure and was not in line with market practice amongst comparable organizations.

assistant: 我們以往設立該上限是作爲臨時的緊縮開支措施，但這與類似機構的做法並不一致。
user: Please translate the following sentence from English to Chinese: This highlights both the scope for growth, and the urgency for the Mainland’s asset management industry to quickly build critical mass of skill and expertise in the discipline of capital markets, international finance and asset management.

assistant: 該項數據不但突顯增長的潛力，亦強調內地的資產管理業急需在資本市場、國際金融及資產管理的領域，迅速匯聚關鍵的技能及專業知識。
user: Please translate the following sentence from English to Chinese: Prior to changes in the Listing Rules in early 2004, the Exchange had adopted the practice of asking a listed company to meet the formal reporting requirements when information was released that amounted to a profit forecast.

assistant: 在《上市規則》於 2004 年初作出修訂之前，交易所所採納的做法，是要求上市公司在發表構成盈利預測的信息時，必須符合正式的彙報規定。
user: Please translate the following sentence from English to Chinese: Speech New Technologies and Asset Management:

assistant: 演講辭 新科技與資產管理：
user: Please translate the following sentence from English to Chinese: Second, I will examine why in order to promote the wider use of RMB, the journey must necessarily entail the important step of turning RMB into an investment currency.

assistant: 首先是扼要地評估人民幣迄今爲止的開放進程，之後再簡單說明在開放人民幣的過程中，爲何必須將人民幣轉化爲投資貨幣，纔可以鼓勵外界更廣泛地使用人民幣。
user: Please translate the following sentence from English to Chinese: iv. An increase in the market price of our medical insurance premium, which has been competitively tendered, has added $2.2 million;

assistant: iv. 經過公開競投的醫療保險的保費上升，使開支增加 220 萬元；
user: Please translate the following sentence from English to Chinese: But as both a conduct regulator and a prudential regulator, our objectives are not limited to safeguarding the interests of investors and minimising fraud and market misconduct.

assistant: 然而，作爲同時負責操守監管及審慎監管的機構，本會的目標並不限於保障投資者的利益及儘量減少欺詐和市場失當行爲。
user: Please translate the following sentence from English to Chinese: Despite our investor education efforts, there are still investors who do not fully understand the risks associated with margin accounts and the implications of entering into a margin account agreement.

assistant: 雖然我們已致力推行投資者教育，但是仍然有投資者未能完全理解孖展戶口的風險，以及他們所簽訂的孖展戶口協議書會帶來的影響。
user: Please translate the following sentence from English to Chinese: Feedback I said at the start that I would like feedback on information that investors ask for that is not provided under the existing rules and regulations.

assistant: 回應 我在開首說過，希望聽取大家對於投資者要求掌握但現行的法規並沒有規定提供的信息的意見。
user: Please translate the following sentence from English to Chinese: But how was the Mainland going to bridge the obvious credibility gap that existed at that time so that it could tap international capital?

assistant: 但問題是中國如何可將當時明顯的信用差距收窄以吸納國際資金？
user: Please translate the following sentence from English to Chinese: As regulators, we constantly ask ourselves whether our regulatory framework is doing what it needs to do to continue to attract liquidity to our markets.

assistant: 身爲監管者，我們經常會問自己，我們的監管架構有否發揮應有的作用，從而持續吸引資金流入本地市場。
user: Please translate the following sentence from English to Chinese: We called this, fondly, the “Mini QFII” (“小 QFII”). I am sure many of you remember this name.

assistant: 大家均對此感到十分興奮，並親切地稱其爲“小 QFII”，相信在座不少人士都記得這個名稱。
user: Please translate the following sentence from English to Chinese: In this area there is still much work to be done but the necessary work is in train.

assistant: 就此而言，需要下的功夫仍有很多，但必要的工作已在進行中。
user: Please translate the following sentence from English to Chinese: I would like to touch upon some of the ways in which the SFC encourages the adoption and implementation of international standards and principles of corporate governance.

assistant: 我想講述一下證監會鼓勵採納與實行國際標準及企業管治原則的若干方法。
user: Please translate the following sentence from English to Chinese: This helps focus our risk-based supervision on imminent, high-impact issues.

assistant: 這有助我們將以風險爲本的監察工作聚焦在迫切且會帶來重大影響的問題上。
user: Please translate the following sentence from English to Chinese: 45. During the inspections of brokers last year, we uncovered three cases of misappropriation of client assets.

assistant: 45. 去年，我們在視察經紀行期間揭發了三宗挪用客戶資產個案。
user: Please translate the following sentence from English to Chinese: 7. With regard to the average 5% increase in staff remuneration, Members will note that remuneration was held back during the economic downturn.

assistant: 7. 就職員薪酬平均增加 5%而言，各位議員會注意到薪酬在以往經濟下調期間曾被凍結。
user: Please translate the following sentence from English to Chinese: For example, in the Code of Conduct for Persons Licensed by or Registered with the SFC, it is explicitly set out in General Principle 9 that the senior management should bear primary responsibility for ensuring the maintenance of appropriate standards of conduct and adherence to proper procedures by the firm.

assistant: 例如，《證監會持牌人或註冊人操守準則》第 9 項一般原則列明，高級管理層應承擔的首要責任，是確保公司能夠維持適當的操守標準及遵守恰當的程序。
user: Please translate the following sentence from English to Chinese: Disclosure Our regime governing offers of investment products in Hong Kong is disclosure-based.

assistant: 信息披露 香港監管投資產品銷售的制度以披露爲本。
user: Please translate the following sentence from English to Chinese: Misconduct in the wholesale market Let me now shift to the decentralised wholesale market.

assistant: 批發市場的失當行爲 現在讓我轉向下一個議題： 分散式批發市場。
user: Please translate the following sentence from English to Chinese: Thankfully, however dark the clouds, there are still glimmers of light amidst the gloom.

assistant: 可幸的是，雖然市場陰霾密佈，但仍有點點曙光。
user: Please translate the following sentence from English to Chinese: Source:

assistant: 資料來源:
user: Please translate the following sentence from English to Chinese: This is also reflected in our core mission, which is to provide a regulatory environment that is conducive to both market development and market regulation.

assistant: 這一點亦反映於證監會的核心使命之上，即提供一個同時有利於市場發展及市場監管的規管環境。
user: Please translate the following sentence from English to Chinese: There is also a number of cases in both Australia and the UK where regulators have secured similar results for large numbers of customers, including, for example:

assistant: 澳洲和英國的監管機構亦曾爲大量客戶取得類似成果，例如：
user: Please translate the following sentence from English to Chinese: Fees and charges income during 2007/08 increased by 36.3% as a result of higher than expected fee income from Part XV waivers for derivative warrants and increased number of licensing applications.

assistant: 2007/08 年度各項收費收入增加了 36.3%，原因是獲豁免遵守《證券及期貨條例》第 XV 部的衍生權證發行人所帶來的費用收入較預期爲多，以及牌照申請數目上升。
user: Please translate the following sentence from English to Chinese: It will be a hard lesson for investors.

assistant: 對投資者而言，將會是一場深刻的教訓。
user: Please translate the following sentence from English to Chinese: 10. Within the securities industry, two initiatives in particular are helping to move us closer towards these goals.

assistant: 10. 在證券業內，目前有兩項舉措尤其有助我們更快達到這些目標。
user: Please translate the following sentence from English to Chinese: 21. One of the underlying premises of these initiatives is to put in place regulation of world-class standards.

assistant: 21. 該等舉措的其中一項基本前提是要實施符合世界級標準的監管。
user: Please translate the following sentence from English to Chinese: This sounds neither expedient nor appealing and will likely increase administration costs without securing any commensurate, tangible benefits for complainants, banks, firms or regulators.

assistant: 這種程序看來事倍功半亦不可取，亦很可能會增加行政費用，又無法確保爲投訴人、銀行、商號或監管機構帶來任何相應的實質利益。
user: Please translate the following sentence from English to Chinese: The forecast operating expenditures i.e. expenditure before funding to external parties, will be about $2.7 million over our approved budget for 2007/08, due mainly to additional premises expenses.

assistant: 預測營運支出，即未計入向外界機構提供經費的開支，將較 2007/08 年度的核準預算高出大約 270 萬元，這主要是因爲本會須承擔額外的辦公室地方支出。
user: Please translate the following sentence from English to Chinese: The MOU establishes an information sharing and cooperation platform between the SFC and CBRC. This will enable Hong Kong to play an active role in the development of the overseas wealth management business of Mainland commercial banks.

assistant: 這份諒解備忘錄在證監會與中國銀監會之間建立了一個信息共享和相互合作的平臺，使香港得以在內地商業銀行發展代客境外理財業務方面擔當更積極的角色。
user: Please translate the following sentence from English to Chinese: 50. We reported our proposal to the Legislative Council Panel on Financial Affairs on 6 February and we received a general support by members of the Panel.

assistant: 50. 我們在 2 月 6 日向立法會財經事務委員會報告我們的建議，並得到委員會各委員普遍支持。
user: Please translate the following sentence from English to Chinese: Hence, today I would like to compare the similarities between the two regulators.

assistant: 因此我希望今日的講話內容能包括比較兩個監管機構的共同點。
user: Please translate the following sentence from English to Chinese: 37. Thank you.

assistant: 37. 謝謝大家。
user: Please translate the following sentence from English to Chinese: 17. Having covered the regulatory challenges and the steps taken by regulators to address those challenges, I will now move on to share with you how Hong Kong positions herself in the midst of globalisation.

assistant: 17. 討論過有關的監管挑戰及監管者採取了哪些步驟以應付這些挑戰後，我現在會繼續與大家分享香港在全球化趨勢中應如何定位。
user: Please translate the following sentence from English to Chinese: In contrast, the FMAS only collates information on assets managed or advised by asset managers located in Hong Kong, although the assets in this case also include overseas funds raised by these Hong Kong managers outside HK.

assistant: 相反，基金管理活動調查只蒐集香港的資產經理所管理或提供意見的資產的資料，即使這類資產亦包括這些經理在香港以外的地方所彙集的海外資金。
user: Please translate the following sentence from English to Chinese: Hong Kong’s strategic value to the Mainland lies in its status as an international offshore market, a place where the Mainland can conduct capital market experiments in an environment that operates on international rules while providing business models that, once honed, could be seamlessly adopted on the Mainland.

assistant: 香港對內地的策略性價值，在於擔當內地的國際離岸市場，使內地得以按照國際規範進行資本市場試點計劃，同時香港亦提供各種商業模式，讓內地融會貫通後順利採納。
user: Please translate the following sentence from English to Chinese: Hong Kong also ranked 1st in Asia and 3rd in the world (after NYSE and London) in terms of total funds raised through IPOs in 2005.

assistant: 同時，按 2005 年透過首次公開招股籌集所得的資金總額計算，香港居於亞洲首位，並在全球排名第三(僅次於紐約證券交易所及倫敦)。
user: Please translate the following sentence from English to Chinese: 2. Regulation – facilitating or frustrating trade?

assistant: 2. 監管工作–對行業是助力還是阻力？
user: Please translate the following sentence from English to Chinese: We have received initial support from the Government and other financial regulators. We are forming a working group to take the proposal forward.

assistant: 獲得政府及其他金融監管機構的初步支持，並正成立工作小組以落實有關建議。
user: Please translate the following sentence from English to Chinese: Our international characteristics enable us to serve as a bridge between the Mainland and the rest of the world. At the same time, our deeply rooted Mainland connection makes us an attractive platform for international players to invest in the Mainland.

assistant: 香港的國際化特色造就了香港連接內地與世界各地的理想條件，同時香港與內地的長久密切聯繫，亦使香港對有意進軍內地的國際投資者充滿吸引力。
user: Please translate the following sentence from English to Chinese: About 13% of all licensed corporations are controlled by Mainland corporates.

assistant: 在所有持牌法團中，約有 13%是由內地公司所控制。
user: Please translate the following sentence from English to Chinese: For instance, there will be new public interest TV and radio commercials, competitions, flash animation videos, newspaper columns, radio dramas, TV documentary-dramas, investor forums and university courses, to name just a few.

assistant: 將於今年推出的活動包括： 全新的電視及電臺宣傳廣告、公開比賽、電腦視像短片、報章專欄、電臺廣播劇、雜誌式電視短劇、投資者教育講座及與大學合辦課程等等。
user: Please translate the following sentence from English to Chinese: During 2005, there were a total of 22.6 mn transactions in derivative warrants, with a total trading value of HK$1,706.7 bn.

assistant: 在 2005 年，共有 2,260 萬宗衍生權證交易，總交易金額爲 17,067 億港元。
user: Please translate the following sentence from English to Chinese: The existence of a derivative warrants market in many markets suggests that such products have an important role to play and is important in maintaining Hong Kong’s status as an international financial centre.

assistant: 衍生權證市場在各地市場上的存在，顯示該等產品具備重要的功能，及對於維持香港國際金融中心的地位十分重要。
user: Please translate the following sentence from English to Chinese: That legislation is undergoing revision and we are hopeful that the CSRC will eventually be endowed with all the powers necessary for it to engage in seamless cross-border enforcement co-operation with the SFC and its regulatory counterparts overseas.

assistant: 該法規現正進行修訂，我們期望中國證監會最終獲賦予所需的一切權力，以便它能夠在跨境執法方面與香港證監會及其海外的對口監管機構合作無間。
user: Please translate the following sentence from English to Chinese: With regard to cooperation, IOSCO has also adopted a multilateral memorandum of understanding (what we call the MOU).

assistant: 在合作方面，國際證監會組織亦採納了一份多邊諒解備忘錄（我們稱爲《諒解備忘錄》）。
user: Please translate the following sentence from English to Chinese: We work closely together on many international regulatory issues.

assistant: 我們就不少國際監管事宜緊密合作。
user: Please translate the following sentence from English to Chinese: 67 new listings were made on the Hong Kong Stock Exchange, raising a total of HK$165 billion in 2005.

assistant: 在 2005 年，有 67 家公司在香港聯合交易所新上巿，合共籌集了 1,650 億港元。
user: Please translate the following sentence from English to Chinese: The SFC will also be able to exercise its investigatory powers to help the CSRC in its investigations that have a Hong Kong element.

assistant: 香港證監會亦將能夠行使其調查權力，在涉及香港因素的調查中，爲中國證監會提供協助。
user: Please translate the following sentence from English to Chinese: Opportunities for hedge funds managers in Hong Kong I have been talking quite a bit about regulation and how the industry should respond to it.

assistant: 香港對沖基金經理的機遇 今天，我已說了很多有關監管及業界應如何作出回應的內容。
user: Please translate the following sentence from English to Chinese: 18. A word of caution though. With the success in the A share reform and the re-launch of the IPOs in the Mainland since April 2006, confidence has returned to the markets in the Mainland.

assistant: 18. 然而，各位要留意的是，基於內地自 2006 年 4 月以來成功進行 A 股改革及再次進行首次公開招股活動，投資者因而恢復對內地市場的信心。
user: Please translate the following sentence from English to Chinese: Hong Kong as a Global Financial Centre As Mr. Stephen Ip, our Acting Financial Secretary, mentioned this morning, Hong Kong is widely recognized as an international financial centre and the asset management hub and platform for international market players to manage assets.

assistant: 香港作爲全球金融中心 正如我們的處理財政司司長葉澍堃先生今早所說，香港已獲廣泛地確認爲國際金融中心，並且是資產管理樞紐及讓國際市場參與者管理資產的平臺。
user: Please translate the following sentence from English to Chinese: You therefore have a stake, as much as we do, in maintaining the Hong Kong market’s integrity, depth and vibrancy.

assistant: 在座有不少機構選擇了香港作爲營運據點，和我們一樣，大家都希望香港市場能保持廉潔穩健，繼續深化發展，展現經濟活力。
user: Please translate the following sentence from English to Chinese: While some may argue that the RMB liberalization journey began as early as 1994, when the Mainland opened up its current account, it remains a fact that the RMB only ventured out of the Mainland’s doors in 2004, when the Mainland allowed Hong Kong banks to accept RMB deposits from Hong Kong individuals, and to clear RMB with the PBOC Shenzhen Branch, with a limit of RMB 20,000 per day per customer.

assistant: 也許有人會認爲，人民幣早於 1994 年就已開始對外開放，因爲中國在這一年開放了人民幣經常項目，但實際上人民幣到了 2004 年纔在境外流通。 當年內地允許香港的銀行接納人民幣個人存款，與中國人民銀行深圳分行進行人民幣結算，而每名客戶每日兌換的上限爲 20,000 元人民幣。
user: Please translate the following sentence from English to Chinese: The industry has metamorphosed from a collection of boutique, specialist firms into a matrix having within it some very large players.

assistant: 以往對沖基金業主要由一些專門化的小型公司組成，現在這行業已演變成爲具規模的網絡，當中包括大型市場參與者。
user: Please translate the following sentence from English to Chinese: (Click here for CSRC presentations).

assistant: （按此瀏覽中國證監會的簡報內容）。
user: Please translate the following sentence from English to Chinese: We have encountered cases where the over-concentration of power in one individual has enabled him to effectively siphon off shareholders’ funds through one device or another.

assistant: 我們曾遇到若干個案，由於權力過度集中於一人身上，以致該人能夠藉著某些手段挪取股東資金。
user: Please translate the following sentence from English to Chinese: We see more international financial groups from places such as UK, France, Australia and Switzerland, who have shown interest in setting up business and bringing their products to Hong Kong. Its not just that the Hong Kong market itself is the attraction – it is not the dominant market in its time zone in the way that say London or New York are – rather that HK is an excellent place from which to cover the Asian time zone.

assistant: 我們見到有更多來自英國、法國、澳洲和瑞士等地的國際金融集團表示有意在香港設立業務及將其產品引入香港，除了香港市場本身已具備吸引力外――與例如倫敦或紐約的情況不同，香港並非其時區內最具領導地位的市場――香港亦是覆蓋亞洲時區的最理想地方。