billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: Again, the purpose is to examine if our current processes and requirements are appropriate in the bigger picture of Hong Kong’s role as an asset management hub in Asia.

assistant: 同樣地，其目的是希望就香港作爲亞洲的資產管理樞紐的具體情況，研究我們目前的程序和要求是否合宜。
user: Please translate the following sentence from English to Chinese: 25. In terms of market capitalisation, at the end of 2005, the market value of all derivative warrants in the hands of the public was HK$ 4.6 bn, around 0.05% of the total market capitalisation of the stock market.

assistant: 25. 以市值計算，在 2005 年年底，公衆手上的所有衍生權證的市值爲 46 億港元，約佔股市總市值的 0.05%。
user: Please translate the following sentence from English to Chinese: From January to November 2005, the Commission successfully prosecuted over 60 entities and carried out disciplinary action against 84 licensees.

assistant: 由 2005 年 1 月至 11 月，證監會成功檢控超過 60 名人士／商號，並對 84 名持牌人作出紀律處分。
user: Please translate the following sentence from English to Chinese: With these fundamentals in place, there is every reason to believe that our RMB bond market will take off in an impressive fashion.

assistant: 有了這些基礎因素，我們有充分理由相信香港的人民幣債券市場將會以令人驚歎的速度迅速發展。
user: Please translate the following sentence from English to Chinese: 26. While hedge funds have the potential to adversely affect financial stability, they also have the potential to contribute to the efficient functioning of the financial market.

assistant: 26. 雖然對沖基金有潛在力量對金融穩定性造成不利的影響，但它們亦有潛在力量爲金融巿場有效率地運作作出貢獻。
user: Please translate the following sentence from English to Chinese: Finally, I want to share some of the regulatory trends that are happening in Hong Kong.

assistant: 最後，我會與大家分享一些香港現正出現的監管趨勢。
user: Please translate the following sentence from English to Chinese: At the end of last year, RMB deposits and outstanding RMB certificates of deposits totaled more than RMB1 trillion, accounting for 70% of the offshore pool of RMB liquidity.

assistant: 截至去年年底，香港的人民幣存款和存款證合計超過一萬億元人民幣，佔所有離岸人民幣資金池的七成。
user: Please translate the following sentence from English to Chinese: As the regulator of securities and futures intermediaries, we believe that establishing a healthy, robust and prosperous market is the common objective of the regulator and industry practitioners.

assistant: 作爲證券及期貨中介團體的監管者，我們認爲建立一個健康、穩固及繁榮的市場是監管者與業界的共同目標。
user: Please translate the following sentence from English to Chinese: (III) The SFC’s regulatory philosophy

assistant: (III) 證監會監管理念
user: Please translate the following sentence from English to Chinese: A licensed person is also required to ensure that the transactions undertaken or services acquired are in the best interests of the client.

assistant: 持牌人亦須確保所承諾執行的交易或客戶獲得的服務均符合客戶的最佳利益。
user: Please translate the following sentence from English to Chinese: The issues discussed at the workgroups will be examined and analyzed within the Commission, and further research will be conducted where necessary.

assistant: 證監會將會檢閱和分析工作小組討論的議題，並在有需要時作進一步研究。
user: Please translate the following sentence from English to Chinese: The recent sell off in the global stock and commodities markets provides a vivid reminder of such a risk.

assistant: 近日在全球股票及商品市場上出現的大幅拋售，清楚地提醒了我們該項風險的存在。
user: Please translate the following sentence from English to Chinese: Independent non-executive directors are expected not only to participate in committees such as the audit, remuneration and nomination committees but also to form the majority in such committees.

assistant: 人們期望獨立非執行董事不僅參與有關審覈、薪酬及提名等委員會，還期望他們會組成該等委員會的大多數。
user: Please translate the following sentence from English to Chinese: As recognised Mainland funds attract overseas investors through the Hong Kong market, these funds could play a larger role as the Mainland stock market’s institutional investors.

assistant: 認可的內地基金可透過香港市場吸引海外投資者，而這些基金作爲機構投資者可以在內地股票市場扮演更重要的角色。
user: Please translate the following sentence from English to Chinese: The onus is on listed companies and their directors to make full disclosure of information needed by investors.

assistant: 上市公司及其董事有責任全面披露投資者所需的資料。
user: Please translate the following sentence from English to Chinese: 15. As REITs are Collective Investment Schemes formed as a trust, subject to the oversight of an independent trustee who has a fiduciary duty to act in the best interests of unitholders, they are not subject to the governance of Part XV of the SFO relating to disclosure of interests.

assistant: 15. 鑑於房地產基金是以信託方式成立的集體投資計劃，須接受負有受信責任以房地產基金單位持有人的最佳利益行事的獨立受託人的監督，因此房地產基金不受《證券及期貨條例》有關權益披露的第 XV 部所管限。
user: Please translate the following sentence from English to Chinese: For this reason, we actively participate in international forums, at FSB, IOSCO task forces and workgroups, and in bilateral engagements with regulators of major markets – in the US, EU and Asia, to make sure that Hong Kong’s views are taken into account.

assistant: 基於這個理由，我們在金融穩定委員會、國際證監會組織專責小組及工作小組的層面積極參與國際性論壇，以及與美國、歐洲及亞洲主要市場的監管機構進行雙邊往來，確保它們顧及到香港的意見。
user: Please translate the following sentence from English to Chinese: Last but not least, technology will play a key role.

assistant: 最後，科技將會發揮關鍵作用。
user: Please translate the following sentence from English to Chinese: Indeed, Shanghai and Hong Kong can complement one another, and it is not a zero sum game.

assistant: 事實上，上海和香港可以互補不足，而這並不是一場零和遊戲。
user: Please translate the following sentence from English to Chinese: Hong Kong is to be the key investment market for Mainland firms.

assistant: 香港將會是內地公司的主要投資市場。
user: Please translate the following sentence from English to Chinese: Amaranth, therefore, is a timely reminder of 3 areas of weakness in the system:

assistant: 因此，Amaranth 事件及時提醒我們，系統內存在三個弱點：
user: Please translate the following sentence from English to Chinese: On the asset management side, perhaps if we can begin with some numbers so that you will have some idea about how big is the industry.

assistant: 在資產管理方面，也許我們可以先參考一些數據，以便了解這個行業的規模有多大。
user: Please translate the following sentence from English to Chinese: Product distributors and retail banks have developed a major source of non-interest income from wealth management business for retail investors. Investors have easy access to a wide variety of underlying asset classes packaged with innovative risk return profiles.

assistant: 產品分銷商及零售銀行憑藉爲散戶投資者而設的財富管理業務，開拓了一項主要的非利息收入來源，而投資者則可以輕易地接觸到廣泛的相關資產類別，並可選擇多種創新的風險回報組合。
user: Please translate the following sentence from English to Chinese: I would like to offer three key terms to explain my vision for the solutions that we can offer:

assistant: 在此我想提用三個關鍵詞，說明我認爲我們能夠提供的解決方案：
user: Please translate the following sentence from English to Chinese: Our next step will be to consider the comments received and discuss these with HKEx.

assistant: 我們下一步將會考慮及與香港交易所討論所接獲的意見。
user: Please translate the following sentence from English to Chinese: In another case, a retiree aged 65 years was asked to take out an insurance savings plan for his grandson that will run for the next 16 years.

assistant: 在另一個案中，一名65歲的退休人士被要求爲其孫兒投購一項長達16年的保險儲蓄計劃。
user: Please translate the following sentence from English to Chinese: While only one of you will emerge as the ultimate champion of the quiz, I have to say all of you have performed brilliantly in today’s final.

assistant: 儘管你們當中最後只有一位能夠奪得冠軍的殊榮，但我要告訴大家，今天你們在決賽上的表現都十分出色。
user: Please translate the following sentence from English to Chinese: On that day, the Mainland markets lost 8.8% first, followed by the European markets and then Wall Street.

assistant: 當日，內地市場首先下挫 8.8%，接著是歐洲市場，繼而美國股市亦隨即下滑。
user: Please translate the following sentence from English to Chinese: Specific proposals for amendments to the SFC’s Codes and Guidelines and the Listing Rule will thereafter be developed and consulted on in due course, as appropriate.

assistant: 之後，將會制訂有關修訂證監會的守則及指引及《上市規則》的具體建議，並於適當時候進行公衆諮詢(如適用)。
user: Please translate the following sentence from English to Chinese: I am pleased to have seen some breakthroughs in 2010, including the authorisation of the first retail RMB bond fund.

assistant: 回顧 2010 年，業界在人民幣產品方面取得多項突破，包括有首隻人民幣債券零售基金獲得認可，令人鼓舞，希望大家日後取得更多進展。
user: Please translate the following sentence from English to Chinese: Hong Kong has the qualities to help the Mainland to become an international success.

assistant: 香港具備各項優良素質，能夠協助內地在國際市場上取得成就。
user: Please translate the following sentence from English to Chinese: There is great potential for Hong Kong to expand its asset management business further.

assistant: 香港具有巨大的潛力進一步拓展資產管理業。
user: Please translate the following sentence from English to Chinese: 3rd Annual Real Estate Investment IQ 2007 6 November 2007 Speech by Alexa Lam Executive Director Intermediaries & Investment Products Good morning Ladies and Gentlemen, Thank you for inviting me to speak at this annual conference today.

assistant: 第三屆國際房地產投資周年大會 2007 2007 年 11 月 6 日講者 中介團體及投資產品部執行董事張灼華 先生、女士，早安。 謝謝你們邀請我在今日的周年大會上發言。
user: Please translate the following sentence from English to Chinese: To build critical mass, we will encourage more issuers to come to Hong Kong to offer their products.

assistant: 爲擴展市場參與量，我們致力鼓勵更多發行商來港推出不同產品。
user: Please translate the following sentence from English to Chinese: In this evolving process, Hong Kong may provide a fertile ground within a foreseeable future for Mainland intermediaries to grow in size and strength and compete with world class talents of the industry pursuant to international best practices.

assistant: 香港可提供一個宏觀環境，讓內地中介機構得以在香港的土壤，按照國際常規與來自各地的業界精英互相競爭，做大做強。
user: Please translate the following sentence from English to Chinese: Today, we are glad to see that many UCITS funds have successfully migrated to UCITS III under this measure.

assistant: 今天，我們很高興見到不少UCITS基金成功依據此措施過渡至UCITS III。
user: Please translate the following sentence from English to Chinese: the first ETF tracking the performance of the Indian market in 2006;

assistant: 2006 年首項跟蹤印度市場表現的交易所買賣基金；
user: Please translate the following sentence from English to Chinese: Regulatory Framework The third issue that I would like to touch on today is the paradigm shift in financial regulation or should I say the public’s perception of a financial regulators’ role.

assistant: 監管架構 今天我想與大家分享的第三個課題，是金融監管的整體變革，又或可以說是公衆對金融監管機構所擔當角色的看法。
user: Please translate the following sentence from English to Chinese: 22. According to SEHK’s Retail Investor Survey 2004, the median transaction size for retail investors was HK$30,000.

assistant: 22. 根據聯交所的《個人投資者調查 2004》，散戶投資者的交易規模中位數爲 30,000 港元。
user: Please translate the following sentence from English to Chinese: The SFC alleged that the former CEO funded these accounts to trade China AU shares to create a false and misleading impression of active trading so that the fundraising exercise would appear more attractive to potential investors.

assistant: 證監會指稱，該名前行政總裁爲這些帳戶提供資金以進行中國金豐股份交易，從而營造虛假及具誤導性的印象，令人以爲中國金豐股份交投活躍，對有意參與該項集資活動的投資者來說看似更具吸引力。
user: Please translate the following sentence from English to Chinese: To facilitate product innovation, we adopt a disclosurebased approach in respect of a fund’s investment strategy and fee structure as these features should be subject to commercial decisions.

assistant: 爲促進產品的創新，我們在基金投資策略及收費結構方面，採納了以披露爲本的方針，原因是有關的產品特點應屬商業決定。
user: Please translate the following sentence from English to Chinese: Such technical studies are important as it provides the regulators with different platforms to explore and develop concepts, and the results provide the scientific analysis that the Central Government looks for in its financial market policy deliberations.

assistant: 這類技術性研究十分重要，能爲監管機構提供不同平臺開創及發展意念，而研究結果更可爲中央政府審議金融市場的開放政策提供科學的分析。
user: Please translate the following sentence from English to Chinese: But essentially the need is very simple – capital.

assistant: 但基本上，它們的需求十分簡單—資金。
user: Please translate the following sentence from English to Chinese: 2. My topic today is “The Role of the SFC as a Market Regulator”.

assistant: 2. 今日我的演說題目是《證監會作爲巿場監管機構的角色》。
user: Please translate the following sentence from English to Chinese: Hong Kong has successfully positioned itself as the testing ground for the Mainland’s financial reforms, and the bridge that connects the Mainland with the rest of the world.

assistant: 香港不但是內地金融改革的試點，也是內地與世界接軌的橋樑。
user: Please translate the following sentence from English to Chinese: These things might be relevant but they do not by themselves satisfy the requirement of suitability.

assistant: 這些都可能是有關的程序，但單憑採取這些程序並不足以符合提供合適建議的規定。
user: Please translate the following sentence from English to Chinese: We welcome new product ideas from the market, and we would endeavour to work with the industry to explore appropriate structures and mechanisms to give retail investors access to the latest investment technology.

assistant: 我們歡迎市場提出新的產品意念，而我們亦會致力與業界合作探索妥善的架構和機制，讓散戶投資者有機會接觸最新的投資技術。
user: Please translate the following sentence from English to Chinese: The implications of the subprime crisis for Asia The spillover effects have been fast and far reaching.

assistant: 次按危機對亞洲的影響次按危機的影響深遠，且蔓延迅速。
user: Please translate the following sentence from English to Chinese: The global policy response to the crisis was mainly to stabilise markets and restore market functioning, stimulate the economy to avoid a deep recession, and to strengthen the global financial architecture and resilience through coordinated financial reforms.

assistant: 各國應對危機的政策主要是要穩定市場及恢復市場運作、刺激經濟以免陷入嚴重衰退，以及協調實施金融改革來強化全球金融基礎架構及復原能力。
user: Please translate the following sentence from English to Chinese: Link REIT, the first REIT in Hong Kong, is so far the largest REIT IPO in the world.

assistant: 迄今，香港首隻房地產基金――領匯基金的上市，是全球最大型的房地產基金的首次公開發售。
user: Please translate the following sentence from English to Chinese: As an accountant myself, I freely admit to having a weakness for figures – statistics, that is.

assistant: 我本身雖然是一名會計師，但不諱言數字是我的一個弱項―沒錯，是統計數字。
user: Please translate the following sentence from English to Chinese: Investment advisers need to develop deep knowledge and keep abreast of the range of investment options as innovations in investment markets develop.

assistant: 投資顧問需要培養深厚的知識，並在投資市場不斷推出創新產品的同時，緊貼有關投資選擇範圍的最新發展。
user: Please translate the following sentence from English to Chinese: I anticipate further growth and innovation in the ETF market.

assistant: 我深信 ETF 市場能持續增長，不斷推陳出新。
user: Please translate the following sentence from English to Chinese: 2. Asia – and of course China in particular – is a main focus of the financial world today.

assistant: 2. 亞洲――當然，特別是中國――是現今金融世界的主要焦點。
user: Please translate the following sentence from English to Chinese: These practices are clearly unacceptable.

assistant: 上述做法明顯令人難以接受。
user: Please translate the following sentence from English to Chinese: So, it was only after some very hard thinking that I finally agreed to take up the appointment.

assistant: 因此，我是經過多番思量之後才最終同意接受任命的，而獲得委任亦是我莫大的榮幸。
user: Please translate the following sentence from English to Chinese: We take this opportunity to appeal to the industry to join hands with us to reduce pooling risks for the sake of the interests of investors and Hong Kong.

assistant: 我們在這裏呼籲業界，爲投資者設想、更爲香港設想，與我們協力減低彙集風險。
user: Please translate the following sentence from English to Chinese: We want to examine, with the help of the industry, how this burden could be alleviated.

assistant: 我們希望在業界的協助下研究可如何減輕這方面的負擔。
user: Please translate the following sentence from English to Chinese: UCITS III funds I would now like to say something about the implementation of the new UCITS III scheme.

assistant: UCITS III 基金 現在，我希望談談新 UCITS III 計劃的實施情況。
user: Please translate the following sentence from English to Chinese: ” At this time as the Mainland looks for quick yet longer term solutions to their issues, the question we need to ask today should be “What solutions can I offer the Mainland?

assistant: ”正當內地市場爲各項問題尋求立竿見影的長遠解決方案之際，我們今日應該問的是： “我可以爲內地市場提供甚麼樣的解決方案？
user: Please translate the following sentence from English to Chinese: This process broadly consists of two phases.

assistant: 這個過程大致包含兩個階段。
user: Please translate the following sentence from English to Chinese: The common dominator in such cases is that through arrangements orchestrated by the Chairman or other controlling officer of the company, the company’s shareholders funds end up being depleted – perhaps to the extent of threatening the company’s solvency – and neither the executive nor the independent non-executive directors are able to impose any control or limit on the company’s business affairs through questioning the value of the transactions, or doing the due diligence necessary to ascertain their likely benefit to the company.

assistant: 上述個案的共同點是，透過公司主席或其他持控制權的人員的部署，公司股東的資金最終被掏空(可能達到使公司償債能力出現危機的程度)，而執行董事或獨立非執行董事均不能透過質疑有關交易的價值，或作出所需的盡職審查以確定該等交易可能爲公司帶來的利益，藉以對公司的業務事宜施加任何監控或限制。
user: Please translate the following sentence from English to Chinese: According to data recently released by the Hong Kong Investment Funds Association, the total subscription of retail funds for the 11 months ended November 2007 amounted to US$43.1 billion, representing a 95% growth as compared to 2006.

assistant: 根據香港投資基金公會近期發表的數據，在截至 2007 年 11 月止的 11 個月期間，零售基金的認購款項總計達 431 億美元，較 2006 年增加 95%。
user: Please translate the following sentence from English to Chinese: In 2000, China’s GDP was USD1.2 trillion, ranking 6th in the world, in roughly the same league of economies such as France (USD1.3 trillion) and Italy (USD1.1 trillion).

assistant: 2000 年，中國的國內生產總值是 12,000 億美元，全球排名第六位，與法國（13,000 億美元）和意大利（11,000 億美元）等經濟體十分接近。
user: Please translate the following sentence from English to Chinese: Fund managers pick their distributors with care.

assistant: 基金經理會嚴格挑選分銷商。
user: Please translate the following sentence from English to Chinese: The problem in the Bear Stearns episode is not so much valuation but leverage, - one of its hedge funds was geared up 10 times. It was the inability to meet margin calls that led to liquidations that put pressure on the valuation of the remaining collateral, leading to a vicious cycle of further losses and more margin calls.

assistant: 貝爾斯登事件的問題所在並非估值，而是槓桿借貸――貝爾斯登其中一項對沖基金的投資額曾利用槓桿效應擴大了 10 倍，其後，該基金由於未能償付被追繳的保證金而引致清盤，從而對餘下抵押品的估值造成壓力，以致產生進一步虧損和追繳更多保證金的惡性循環。
user: Please translate the following sentence from English to Chinese: Of course not.

assistant: 當然不是。
user: Please translate the following sentence from English to Chinese: In capital markets, there are inherent conflicts of interest in the way firms operate.

assistant: 在資本市場中，公司的營運方式存在固有的利益衝突。
user: Please translate the following sentence from English to Chinese: More intensive dialogues may be conducted for firms inside the sandbox for us to be satisfied that the necessary internal controls are in place to mitigate any risks arising from the novel features of the services they offer.

assistant: 本會可能會與沙盒內的公司進行更緊密的溝通，讓我們信納它們已制訂所需的內部監控措施，以減少任何因它們所提供的服務的嶄新特點而產生的風險。
user: Please translate the following sentence from English to Chinese: Significance of the RQFII In less than a year, the industry and regulators in the Mainland and Hong Kong have together developed a new product class worth RMB56 billion (RMB44 billion of RQFII ETFs and RMB12 billion of RQFII unlisted public funds).

assistant: RQFII 的重要性 在內地及香港的金融業和監管機構的共同努力下，不到一年的時間就在市場推出了一個總值人民幣 560 億元的新產品類別（包括 440 億元人民幣的 RQFII ETF 和 120 億元人民幣的非上市 RQFII 零售基金）。
user: Please translate the following sentence from English to Chinese: One criticism of these models is that they were constructed using historical data where market conditions have been quite bullish and without excessive volatility.

assistant: 有人批評這種程式的缺點是，它們是根據在沒有過度波幅的牛市期間蒐集得來的歷史數據而編寫的。
user: Please translate the following sentence from English to Chinese: Their challenge is to strike an appropriate balance between promoting market efficiency and maintaining market or financial system resilience.

assistant: 他們所面對的挑戰是，在促進市場效率及維持市場或金融體系的復原能力之間謀取適當的平衡。
user: Please translate the following sentence from English to Chinese: Rather than letting potential issues fester and morph into more serious problems later on and then using our enforcement and disciplinary powers to deal with the fallout, our tactic is to pre-empt them.

assistant: 我們的對策是先發制人，不會容許潛在問題發酵、惡化，或待日後演變得更嚴重時，才動用本會的執法和紀律處分權力去處理。
user: Please translate the following sentence from English to Chinese: There are now 14 retail hedge funds authorised by the SFC with a total net asset value of over USD1.6 billion at the end of 2006.

assistant: 現時有 14 項獲證監會認可的零售對沖基金，於 2006 年年底時的資產淨值總額達 16 億美元以上。
user: Please translate the following sentence from English to Chinese: 7. The second reaction after a crisis, as history shows us is that there is normally a call for more regulation, expanded powers, or sometimes even an overhaul of the regulatory structure after a crisis happens.

assistant: 7. 根據過往的經驗，危機發生後，要求加強監管、擴大監管權力甚至重整監管架構，都是常會出現的第二種反應。
user: Please translate the following sentence from English to Chinese: The first main steps towards internationalisation of the currency were taken in July 2009, when China officially launched a pilot scheme for settlement of cross-border trade in RMB between a handful of Chinese cities and several other countries and territories outside the Mainland of China including Hong Kong.

assistant: 中國於 2009 年 7 月正式推出人民幣跨境貿易結算詴點計劃，爲推動人民幣國際化踏出重要的第一步。 通過這項計劃，內地一些城市可與香港以至中國境外數個國家及地區進行人民幣貿易結算。
user: Please translate the following sentence from English to Chinese: In August 2005, the CSRC announced specific requirements under the Regulations for Administrative Licenses in regard to the vetting of shareholders’ qualifications.

assistant: 中國證監會已於 2005 年 8 月就審覈股東資格公佈具體的行政許可規定。
user: Please translate the following sentence from English to Chinese: We are also beginning to see the normalisation of interest rates.

assistant: 我們亦正開始目睹利率邁向正常化。
user: Please translate the following sentence from English to Chinese: This section discussed our staff volunteering programmes, our environmental protection measures, and an expanded section on staff of the Commission.

assistant: 此章節講述證監會的職員義工計劃及環境保護措施，而有關證監會職員的環節亦比以往更加詳盡。
user: Please translate the following sentence from English to Chinese: Yet over the years, we have honed the art of establishing close cross-border cooperative arrangements without requiring either side to make disruptive changes to existing local rules or market norms and practices.

assistant: 然而，經過多年努力，我們已掌握了兩地合作的訣竅，使雙方在建立緊密跨境合作安排的同時，無須對各自的現行規則或市場慣例及作業模式作出翻天覆地的改變。
user: Please translate the following sentence from English to Chinese: 16. To conduct any investigation on the listed Mainland enterprises, we often require the assistance from Mainland regulators such as the China Securities Regulatory Commission (CSRC).

assistant: 16. 爲對上巿內地企業展開調查，我們往往需要得到例如中國證券監督管理委員會(中國證監會)等內地監管機構的協助。
user: Please translate the following sentence from English to Chinese: Now, we have about 140 licensed hedge fund managers / advisors in Hong Kong.

assistant: 現時，我們在香港大約有140 家持牌對沖基金經理／顧問公司。
user: Please translate the following sentence from English to Chinese: RQFII products give these firms an opportunity to prove themselves and claim a place in the asset management world.

assistant: RQFII 產品讓這些內地公司有機會證明他們的實力，繼而在國際資產管理業佔一席之地。
user: Please translate the following sentence from English to Chinese: regulators must be operationally independent, accountable and have proper resources and adequate powers;

assistant: 監管者必須獨立運作、接受問責，並具備適當的資源及足夠的權力；
user: Please translate the following sentence from English to Chinese: RMB investment products Let me now discuss RMB investment products, an area which has generated much interest.

assistant: 人民幣投資產品 現在讓我談談一個市場非常感興趣的熱門話題──人民幣投資產品。
user: Please translate the following sentence from English to Chinese: As a result, aggregate RMB deposits in Hong Kong have risen dramatically. As at the end of July 2010, total deposits were RMB103.7 billion (US$15.48 billion), compared with RMB62.7 billion (US$ 9.36 billion) as at the end of 2009.

assistant: 自此以後，香港的人民幣總存款額大幅上升，由 2009 年底的人民幣 627 億元（93.6 億美元），增至 2010 年 7 月底的人民幣 1,037 億元（154.8 億美元），上升超過 60%。
user: Please translate the following sentence from English to Chinese: To meet your client’s needs, you must first:

assistant: 爲求滿足客戶需要，各位首先必須：
user: Please translate the following sentence from English to Chinese: As we’ve indicated before, our intent is to create a workable framework which addresses our primary objectives.

assistant: 本會過去曾提到，我們要建立一套可行的架構，以達到各項主要監管目標。