billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: This code covers eligibility of issuers, guarantors and product arrangers, responsibilities of key parties, selection of counterparties to transactions underpinning the product, acceptable reference assets or benchmarks, and rules for guarantees and collateral where these are used to support the products.

assistant: 新守則涵蓋發行人、保證人及產品安排人的資格規定、主要各方的職責、甄選產品的主要交易對手的規定、可接納的參考資產或基準，以及用以支持這些產品的保證及抵押品須符合的規則。
user: Please translate the following sentence from English to Chinese: RegTech and SupTech initiatives Next, I turn to RegTech, which is a blend word of “regulatory technology” defined to mean the use of innovative technology to help firms comply with regulations efficiently and costeffectively.

assistant: 有關合規科技及監管科技的措施接下來，我會談談 RegTech，即合規科技 regulatory technology 的英文合成語，是指使用創新科技來幫助公司以有效率及合乎成本效益的方式遵循法規。
user: Please translate the following sentence from English to Chinese: Hong Kong has included a market development objective in the Securities and Futures Ordinance (SFO). It provides for the SFC to promote a competitive securities industry and to be mindful of the need for Hong Kong to remain competitive as an IFC, over and above the normal objectives of securities regulation.

assistant: 在香港，《證券及期貨條例》也訂下市場發展目標，規定證監會須建立具競爭力的證券業，及時刻緊記要維持香港作爲國際金融中心的競爭力，這目標超越了一般的證券監管目標。
user: Please translate the following sentence from English to Chinese: With higher life expectancy, rising healthcare costs and an ageing population, there is a need to ensure that there is sufficient accumulation and growth of assets to support a life style they are accustomed to.

assistant: 隨著人口的預期壽命更長、醫療成本上漲，加上人口老化，他們需要確保資產得到充分的累積和增長，以維持本身已習慣的生活方式。
user: Please translate the following sentence from English to Chinese: I am confident that more achievements are to be made as the market develops, given the presence of a rich pool of talents in Hong Kong, the world class legal and regulatory system that Hong Kong has established, and the expertise that Hong Kong has developed in investments in assets and business in China, which is predicted by the market to be the long term source of growth potential for REITs.

assistant: 隨著房地產基金市場日漸發展，加上香港人才濟濟、已建立起達世界級水準的法律及監管制度，以及香港在中國內地資產及業務投資方面所累積的專業知識，又鑑於市場預期內地將會爲房地產基金提供長遠的增長潛力，我深信，香港房地產基金市場必定會續創佳績。
user: Please translate the following sentence from English to Chinese: 2. During the financial year 2007/08, the performance of the stock market has been very robust.

assistant: 2. 在 2007/08 財政年度，股市表現非常暢旺。
user: Please translate the following sentence from English to Chinese: Gifts should not constitute the basis of any recommendation made to the investor.

assistant: 贈品不應作爲中介人向投資者作出任何推介或建議時的考慮。
user: Please translate the following sentence from English to Chinese: Cross utilisation of quota will allow firms to pool their expertise and quotas to bring RMB products to a global investor audience.

assistant: 跨境使用配額將有助業界匯聚專業知識及額度，把人民幣產品推廣至全球投資者。
user: Please translate the following sentence from English to Chinese: This may mean adjusting to a “new normal”.

assistant: 這最終可能需要市場各方作出調節，締造新的常規。
user: Please translate the following sentence from English to Chinese: As of 21 October 2010, the total amount of RMB bonds issued in Hong Kong stood at RMB50.78 billion.

assistant: 截至 2010 年 10 月 21 日，在香港發行的人民幣債券總額達人民幣 507.8 億元。
user: Please translate the following sentence from English to Chinese: As some of you will be aware, in Hong Kong we have revisited aspects of our Code on Unit Trusts and Mutual Funds. Some of the changes we’ve made reflect the growth and innovation we’re seeing in the index fund market.

assistant: 在座各位可能都知道，在香港，我們最近修訂了《單位信託及互惠基金守則》（《守則》）的部分內容，當中一些修訂是要反映指數基金市場的成長及創新發展。
user: Please translate the following sentence from English to Chinese: I recognise that developing the asset management industry may require complementary legal and policy support.

assistant: 我明白，要發展資產管理業，背後需相應的法律及政策配合支持。
user: Please translate the following sentence from English to Chinese: We set out the details in a circular published on 16 December and will implement them in the course of 2017.

assistant: 我們已於去年 12 月 16 日發出通函，詳述箇中細節，而新措施將於 2017 年內落實。
user: Please translate the following sentence from English to Chinese: Some of these issues are relevant to exchange-traded funds (ETFs), particularly synthetic ETFs.

assistant: 以上事宜部分適用於交易所買賣基金（ETF），尤其是合成 ETF。
user: Please translate the following sentence from English to Chinese: An array of regulatory tools is being used in furtherance of the second objective, relating to intermediary conduct, and these include a proposal to revise certain parts of the Code of Conduct.

assistant: 另一方面，我們正運用不同的監管工具，以達到第二個關乎中介人操守的目的，當中包括提出修訂《操守準則》若干部分的建議。
user: Please translate the following sentence from English to Chinese: The SFC is now working with the Dubai Financial Services Authority on the implementation of the intents set out under the MOU.

assistant: 證監會現正與迪拜金融服務局合作落實雙方在《諒解備忘錄》內列明的意向。
user: Please translate the following sentence from English to Chinese: I understand that the Summer School has been such a success that it has become a hallmark programme that is attended by regulators from around the world.

assistant: 貴會主辦的夏季研討會已成爲一年一度的盛事，吸引來自全球各地的監管人員踊躍參與。
user: Please translate the following sentence from English to Chinese: There are two stock exchanges, namely the Shanghai Stock Exchange and the Shenzhen Stock Exchange, which were established in 1990. The shares listed and traded in these two exchanges are predominantly “A shares” (“B shares” constitute only a small part of the traded shares).

assistant: 國內有兩家交易所，即上海證券交易所及深圳證券交易所，均於 1990 年成立，在這兩家交易所掛牌上市及買賣的股票大部分爲“A 股”（“B 股”僅佔買賣股票的小部分）。
user: Please translate the following sentence from English to Chinese: Disciplinary action is an effective backstop but it is not the whole solution.

assistant: 紀律處分行動雖然是一道行之有效的防線，但並非萬全之策。
user: Please translate the following sentence from English to Chinese: I was a member of the HA and its Finance Committee, and Sandy was a representative of the former Housing Bureau.

assistant: 我與Sandy早在九十年代認識，當時大家一起參與房委會的工作，我是房委會的委員以及財務小組委員會的主席，而她是前房屋局的代表。
user: Please translate the following sentence from English to Chinese: But, by listening with an open mind to industry and public views and feedback, and at the same time avoiding kneejerk reactions to pressing issues, I believe we have struck a reasonable compromise.

assistant: 儘管如此，透過以開放的態度聽取業界和公衆的意見，同時避免在處理緊迫問題時，未經深思熟慮便作出回應，相信當中我們已取得適當合理的平衡。
user: Please translate the following sentence from English to Chinese: In meeting its margin calls it had to sell off positions in markets as far afield as the German mortgage backed securities market.

assistant: 爲償付被追繳的保證金，該基金需在遠至德國按揭證券市場的多個海外市場上將手上的持倉合約斬倉套現。
user: Please translate the following sentence from English to Chinese: Over 100 new asset management firms were licensed and an additional 17 licensed firms added asset management to their licensed activities during 2008.

assistant: 逾 100 家商號首次獲發資產管理業務的牌照，另有 17 家持牌商號在 2008 年申請經營資產管理業務獲批准。
user: Please translate the following sentence from English to Chinese: Some of you questioned the necessity of these enhanced disclosure requirements, pointing out that funds have not caused any problems.

assistant: 在座有些業界人士曾質疑加強信息披露規定是否必要，指出基金一直沒有造成任何問題。
user: Please translate the following sentence from English to Chinese: The challenge to risk management is to understand “tail events” and evaluate their impact on stability.

assistant: 風險管理所面對的挑戰就是要了解“後續事件”及評估其對穩定性的影響。
user: Please translate the following sentence from English to Chinese: I cannot comment further at this stage as the proceedings are still ongoing.

assistant: 由於有關法律程序仍在進行中，現階段我不能作進一步評論。
user: Please translate the following sentence from English to Chinese: With that we cleared the way for the fund to list, thus giving investors here an additional vehicle to invest in the China A-share market.

assistant: 透過上述措施，我們令到該基金得以順利上市，從而爲本地投資者提供另一項投資中國A股市場的工具。
user: Please translate the following sentence from English to Chinese: I need not repeat here the well rehearsed arguments in Hong Kong’s favour – like the rule of law, pool of talents, world class infrastructure, etc.

assistant: 我不用在此重複對香港有利的詳細論點──例如法治、人才、世界級基礎設施等。
user: Please translate the following sentence from English to Chinese: (i) $11.8 million for the 31st Annual Conference of the International Organization of Securities Commissions, an international organisation of securities regulators, which will be hosted by the Commission in Hong Kong in June 2006;

assistant: (i) 就國際證券事務監察委員會組織第 31 屆週年大會撥備 1,180 萬元，證監會將於 2006 年 6 月在香港主辦這次週年大會；
user: Please translate the following sentence from English to Chinese: As Mr Ma Ying-jeou mentioned earlier, being an international financial centre, Hong Kong will remain an important nexus for both sides of the Straits.

assistant: 正如馬英九先生早前表示，香港作爲一個國際金融中心，今後將仍然是一個重要的兩岸連接點。
user: Please translate the following sentence from English to Chinese: Next came the Southeast Asian economies, and starting from the late 1990s, China and India emerged and are increasingly viewed as the future economic power houses.

assistant: 緊隨其後是東南亞經濟體系的發展，而中國和印度自 1990 年代末亦相繼崛起，愈見有實力成爲經濟大國。
user: Please translate the following sentence from English to Chinese: We expect more Mainland insurers to establish their asset management business here.

assistant: 我們預期會有更多內地保險公司來港開設資產管理業務。
user: Please translate the following sentence from English to Chinese: As the Mainland became more an economic powerhouse, Hong Kong provided the services of an international finance centre for the Mainland to invest its national savings and foreign reserves outside the Mainland.

assistant: 隨著 內地日漸成爲全球經濟發展的主要動力來源，香港爲內地提供國際金融中心服務，協助內地利用儲蓄存款及外匯儲備作境外投資。
user: Please translate the following sentence from English to Chinese: Once we think we understand what has happened, we are under additional obligations imposed by the Securities and Futures Ordinance to give a firm or a bank a reasonable opportunity to be heard before we make a final decision.

assistant: 當我們認爲已清楚了解所發生的事情後，便須履行《證券及期貨條例》訂明的另一項責任──在作出最終決定前，給予有關商號或銀行合理的陳詞機會。
user: Please translate the following sentence from English to Chinese: By 2030, that demographic advantage would have disappeared.

assistant: 到了 2030 年，這種人口結構優勢便會消失。
user: Please translate the following sentence from English to Chinese: To address this question, I would like to set the context first by discussing the challenges securities regulators face and what they do to address those challenges, and then address this question at the end of my presentation.

assistant: 爲回答這項問題，我希望首先訂定我們今次討論的背景，談談證券監管者所面對的挑戰及他們如何處理這些挑戰，然後在我發言的結尾部分再談論這項問題。
user: Please translate the following sentence from English to Chinese: Thank you!

assistant: 謝謝！
user: Please translate the following sentence from English to Chinese: They should recognise other related social responsibility issues with a view to honouring ethical values and respecting people, communities, and the natural environment.

assistant: 它們應瞭解其他關乎社會責任的事宜，以尊崇道德價值及尊重他人、社羣及自然環境爲目標。
user: Please translate the following sentence from English to Chinese: Finance is a trust business. Customers buy investment products from a relationship manager or because they trust the bank.

assistant: 金融是一門講求信任的業務──客戶是經由客戶關係經理介紹或是因爲信任銀行而購買投資產品的。
user: Please translate the following sentence from English to Chinese: 9. Excluding these two exceptional items, the net increase is 7.4% ($37.6 million).

assistant: 9. 若不包括該兩個特殊項目，預算營運總支出的淨增幅爲 7.4%(3,760 萬元)。
user: Please translate the following sentence from English to Chinese: Facilitating the flow of offshore RMB back onto the Mainland The Mainland Government has made it very clear that its intention is for Hong Kong to become the premier offshore RMB centre of China and to be a testing ground for reforms and measures to open up avenues for trading and investment in the currency.

assistant: 促進離岸人民幣迴流內地內地政府早已明言，在香港設立首要離岸人民幣中心旨在作爲改革開放措施的詴驗場，拓展更多買賣及投資人民幣的途徑。
user: Please translate the following sentence from English to Chinese: As a financial regulator, it is part of our job to give health warnings to investors.

assistant: 證監會作爲市場監管機構，提醒投資者防患於未然是我們工作的一部分。
user: Please translate the following sentence from English to Chinese: We have been working closely with the industry on investor education front – we believe the industry should also take on the responsibility to inform and educate retail investors on the special/unique features of their funds and the related risks, either by way of disclosure in the fund prospectus, marketing materials or FAQs to investors.

assistant: 我們在投資者教育工作方面一直與業界保持緊密合作──我們相信業界也應負責教育及向投資者提供關於基金特點／獨特性質及相關風險的資料，不論是透過基金章程、推廣材料或常見問題向投資者作出披露。
user: Please translate the following sentence from English to Chinese: While the implementing rules are yet to be introduced by the relevant Mainland regulatory authorities and therefore the details are still not known at this stage, we are given to understand that the initiative will operate under the same concept and mechanism applicable to the USD QFII.

assistant: 雖然內地的監管機構仍未公佈實施辦法，我們在現階段仍無法知道有關詳情，但據我們理解，這計劃的運作理念和機制將與現有的美元 QFII 計劃差不多。
user: Please translate the following sentence from English to Chinese: 17. I shall be happy to answer any questions that the Honourable Members may have.

assistant: 17. 我很樂意回答各位議員提出的任何提問。
user: Please translate the following sentence from English to Chinese: 39. Trading Results in the Last 12 months:

assistant: 39. 過去 12 個月的買賣盈虧表現：
user: Please translate the following sentence from English to Chinese: Learning from the lessons of 911 and SARS, we understand that the industry should develop a comprehensive contingency plan to face adverse situations.

assistant: 汲取 911 事件和沙士的教訓，我們明白到業界須制訂一套全面的應變計劃去面對逆境。
user: Please translate the following sentence from English to Chinese: Rebuilding trust Financial markets function as long as there is confidence.

assistant: 重建信任金融市場必須取得各方的信心，才能持續運作下去。
user: Please translate the following sentence from English to Chinese: About 148 hedge funds were operating in Hong Kong with total assets under management (AUM) amounted to US$17 billion.

assistant: 在香港營運的對沖基金約有 148 項，所管理的資產總額達 170 億美元。
user: Please translate the following sentence from English to Chinese: Their final decision was to start the program on a small scale. Only Hong Kong licensed asset management subsidiaries of Mainland brokers and fund managers would be given a quota, initially.

assistant: 內地當局更用了一年多時間來制訂政策，並最後決定先在小範圍內開展這個計劃，起初只讓內地券商及基金管理公司在香港的持牌資產管理子公司取得投資額度。
user: Please translate the following sentence from English to Chinese: It’s not difficult to see why the public and even the individuals concerned have the false impression that senior management or star employees are not personally liable for misconduct.

assistant: 我們不難理解，爲何公衆甚至當事人都存有錯誤印象，以爲高級管理層或主要職員無須爲失當行爲負上個人法律責任。
user: Please translate the following sentence from English to Chinese: In June 2006, the SFC authorised the first equity fund that directly invests in A-shares via the fund manager’s own QFII quota.

assistant: 於 2006 年 6 月，證監會認可了首項透過基金經理本身的 QFII 額度而直接投資於 A 股的股票基金。
user: Please translate the following sentence from English to Chinese: To date, six REITs managed by SFC licensed corporations in Hong Kong have been successfully launched and listed on the Hong Kong Stock Exchange.

assistant: 目前，有六項由證監會持牌法團管理的房地產基金已成功推出及在香港交易所上市。
user: Please translate the following sentence from English to Chinese: Actively managed closed-ended fund In May 2007, we authorized the first actively managed listed closed-ended fund that invested in the A-share market.

assistant: 積極管理的封閉式基金 在2007年5月，我們認可了首隻積極管理的上市封閉式基金，該基金投資於A股市場。
user: Please translate the following sentence from English to Chinese: Hong Kong Securities Institute 16 January 2008 “Positioning Hong Kong as an Asset Management Hub” Mrs Alexa Lam Executive Director Intermediaries and Investment Products Good afternoon ladies and gentlemen, and a Happy New Year to you all!

assistant: 香港證券專業學會 2008 年 1 月 16 日 將香港定位爲資產管理中心 中介團體及投資產品部執行董事 張灼華女士 各位先生、女士，午安，祝各位新年進步！
user: Please translate the following sentence from English to Chinese: So the key obstacle goes back to the fundamental issue of finding ways to grow an offshore RMB pool of sufficient size.

assistant: 由此可見，要消除主要障礙的先決條件，就是要設法將離岸人民幣資金池擴展到足夠大的規模。
user: Please translate the following sentence from English to Chinese: So, in practical terms, what is expected of the financial planners?

assistant: 那麼，財務策劃師實質上需具備甚麼條件呢？
user: Please translate the following sentence from English to Chinese: If hedge funds wish to offer their units to the retail public, it is only fair that the fund product in question should adhere to the stringent authorisation requirements with respect to the authorisation of that product.

assistant: 假如對沖基金希望向散戶發售其基金單位，有關的基金產品應在產品認可方面遵從嚴格的認可規定，這是唯一的公平做法。
user: Please translate the following sentence from English to Chinese: The new commodities futures ETF provides retail investors better access to the commodities markets historically a predominantly institutional market.

assistant: 這隻新的商品期貨指數交易所買賣基金令散戶能夠更容易地接觸到素來屬機構投資者主導的商品市場。
user: Please translate the following sentence from English to Chinese: Markets and crisis – back to basics The current crisis is the first crisis of this century, but it will not be the last.

assistant: 市場與危機──回到基本概念當前的危機是本世紀的首個考驗，但不會是最後一個危機。
user: Please translate the following sentence from English to Chinese: Let me briefly explain how we could develop some of these measures to their full potential.

assistant: 現在讓我向各位說明我們應怎樣盡用上述各項措施。
user: Please translate the following sentence from English to Chinese: We consider that the proposed new posts and upgrading are necessary and the requirements cannot be trimmed down through internal redeployment or administrative means.

assistant: 我們認爲建議增設的新職位和職位提升是必需的，而有關方面的需要並不能透過內部調配或行政方法而減低。
user: Please translate the following sentence from English to Chinese: As you know, RMB business is one of Hong Kong’s strengths.

assistant: 衆所周知，人民幣業務是香港金融業的強項之一。
user: Please translate the following sentence from English to Chinese: Product The most prominent feature about the product proposal is the convergence of rules and standards for all products that we authorise, whether they are under the Companies Ordinance or the Securities and Futures Ordinance (SFO) with the Codes governing disclosures of various product types such as unit trusts, investment-linked assurance schemes (ILASs) and unlisted structured products by merging them into one (Handbook) on products, or a Consolidated Code.

assistant: 產品有關產品規管建議的重點，在於將由證監會認可的所有產品的規則及準則（不論這些產品目前是屬於《公司條例》還是《證券及期貨條例》的規管範圍之內）以及適用於不同類別產品的信息披露守則，合併爲綜合守則載於一本手冊之內，涵蓋如單位信託、與投資有關的人壽保險計劃及非上市結構性產品等。
user: Please translate the following sentence from English to Chinese: Hong Kong is the second largest ETF market in Asia, ranking second to the Mainland in terms of turnover and also second to Japan in terms of aggregate market capitalisation.

assistant: 香港是亞洲區內的第二大 ETF 市場，ETF 的成交額僅次於內地，而總市值則僅次於日本。
user: Please translate the following sentence from English to Chinese: With such attributes, it is not surprising to note that for four consecutive years, Hong Kong has been ranked by the World Investment Report published by the United Nations as the second most preferred destination for foreign direct investment in Asia, after Mainland China.

assistant: 憑藉這些優勢，難怪香港已連續四年獲聯合國發表的《世界投資報告》排名爲亞洲區內繼中國內地後外國直接投資的第二首選地點。
user: Please translate the following sentence from English to Chinese: Hong Kong has ETFs linked to equities, bonds, commodities and gold, an interest rate-linked ETF and ETFs focusing on regional, singlecountry and sectoral indices.

assistant: 香港市場提供與股票、債券、商品、黃金或利率掛鉤的 ETF，還有追蹤區域性、單一國家、或某一行業指數表現的 ETF。
user: Please translate the following sentence from English to Chinese: As opinion formers or market leaders and professionals in their respective fields, the speakers and moderators will make for a lively discussion, more so with active participation from the floor.

assistant: 這些討論小組的成員及主持人都是其各自領域的意見先鋒或市場領袖及專業翹楚，不但能夠引發熱烈的辯論，而且還會帶領與會者積極參與討論。
user: Please translate the following sentence from English to Chinese: However, there have been some well-known problem cases.

assistant: 然而，亦有一些衆所周知的問題個案。
user: Please translate the following sentence from English to Chinese: At that time, C.A. Pacific Finance had capital of only $16 million, but had borrowed more than $500 million by re-pledging a huge amount of client securities to banks.

assistant: 當時正達財務僅有 1,600 萬元的資本，但轉按鉅額的客戶證券，並從而借入了 5 億多元。
user: Please translate the following sentence from English to Chinese: In doing so, we have a dual role of facilitating market developments while upholding investor protection and the reputation of Hong Kong as an international financial centre.

assistant: 在這個過程中，我們擔當著雙重角色： 既要促進市場發展，亦要維護對投資者的保障和香港作爲國際金融中心的聲譽。
user: Please translate the following sentence from English to Chinese: 20. The Commission has invited the public to comment before 31 January.

assistant: 20. 證監會邀請公衆在 2006 年 1 月 31 日前提交意見。
user: Please translate the following sentence from English to Chinese: Hong Kong must rise to effectively become the premier RMB offshore centre to serve the Mainland’s and the world’s needs.

assistant: 香港必須力求真正成爲首屈一指的人民幣離岸中心，以配合內地以至全球的需要。
user: Please translate the following sentence from English to Chinese: And hence our need to continue strengthening our relationship with our counterparts in the Mainland such as the China Securities Regulatory Commission (CSRC), the People’s Bank of China and the State Administration of Foreign Exchange.

assistant: 因此，我們有需要繼續加強我們與中國證券監督管理委員會(中國證監會)、中國人民銀行及國家外匯管理局等內地對口單位的關係。
user: Please translate the following sentence from English to Chinese: This year, including the listing of AIA Group Limited today, Hong Kong is once again the largest IPO market worldwide, having raised HK$330 billion to date.

assistant: 今年，計入今天上市的友邦保險控股有限公司，香港再次成爲全球最大的首次公開招股市場，集資額至今已達 3,300 億港元。
user: Please translate the following sentence from English to Chinese: As new investment technologies bring an expanding range of investment opportunities with increasing sophistication, we would endeavour to provide an environment conducive to product development.

assistant: 隨著新的投資技術帶來種類漸多的投資機會，而相關的投資工具亦變得日益精深，我們會致力營造有利產品發展的環境。
user: Please translate the following sentence from English to Chinese: This means that there must be RMB-denominated investment products readily available, and this is where Hong Kong is especially well-placed to contribute and where it stands to benefit.

assistant: 爲促使人民幣成爲投資貨幣，市場上必須有流通量高的人民幣計價投資產品，而這正是香港可以發揮優勢、作出貢獻並從中受惠的地方。
user: Please translate the following sentence from English to Chinese: Mr Deng Xiaoping coined the phrase “one country, two systems” to describe the return of Hong Kong to Mainland China.

assistant: 鄧小平先生創造了“一國兩制”的口號，來形容香港迴歸中國內地主權。
user: Please translate the following sentence from English to Chinese: It has been reported that currently only about 0.8% of the Mainland’s equity and bond markets combined is held in foreign hands.

assistant: 據報道，只有約合共 0.8%的內地股權及債券市場由外資持有。
user: Please translate the following sentence from English to Chinese: We think these types of resolutions may have a very important role to play in these cases assuming evidence of misconduct is found.

assistant: 我們認爲，假如我們在這些個案中發現有失當行爲的證據，這類解決方法或可發揮舉足輕重的作用。
user: Please translate the following sentence from English to Chinese: The new approach has allowed managers of authorised funds to delegate their investment management functions more broadly.

assistant: 這個新取向讓認可基金的經理可在更大範圍內轉授本身的投資管理職能。
user: Please translate the following sentence from English to Chinese: 10. In Hong Kong, the primary statutory corporate regulation, the Companies Ordinance, does not apply to issuers incorporated outside of Hong Kong.

assistant: 10. 在香港，有關公司的主要法定條文是《公司條例》，但並不適用於在香港以外註冊成立的發行人。
user: Please translate the following sentence from English to Chinese: For those of you who have already listed but you did not discuss your strategic/business plan for growth and acquisition, it is not too late.

assistant: 至於那些已上市但未曾討論過你的增長和收購策略性／業務計劃的房地產基金，現在亦爲時未晚。
user: Please translate the following sentence from English to Chinese: I would like to share with you some of the challenges facing the Commission as I see them, and the way forward.

assistant: 我接著想告訴大家以我所見證監會將要面對的若干挑戰，以及未來路向。