billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: In the event of an overpaid application, a refund cheque, without interest, will be made out to you only if the overpaid amount is HK$100 or above.

assistant: 在多繳申請金額之情況下，只有多繳申請金額等於港幣100元或以上纔會獲得退款支票（不計利息）。
user: Please translate the following sentence from English to Chinese: Trading lot size: 500 Hong Kong shares

assistant: 每手買賣單位：500 股香港股份
user: Please translate the following sentence from English to Chinese: If we cannot maintain or gain sufficient market presence or are unable to differentiate ourselves from our competitors, we may not be able to compete effectively with our competitors.

assistant: 倘我們無法維持或取得足夠市場佔有率，或未能使自身從競爭對手之中脫穎而出，我們可能無法與競爭對手展開有效競爭。
user: Please translate the following sentence from English to Chinese: You are advised to check with the Participating Dealer as to the relevant timing deadlines and the client acceptance procedures and requirements.

assistant: 投資者宜向參與交易商查詢其有關時限及客戶接受程序和要求。
user: Please translate the following sentence from English to Chinese: July 2009

assistant: 二零零九年七月
user: Please translate the following sentence from English to Chinese: The Mauritius subsidiary will receive dividends (if any) in Rupees or USD and convert these amounts into Hong Kong dollars prior to any distribution to the SENSEX India ETF.

assistant: 毛里求斯附屬公司將按盧比或美元收取股息（如有），並在向 SENSEX 印度 ETF 作出任何分派前將該等款項兌換爲港元。
user: Please translate the following sentence from English to Chinese: (r) Provisions

assistant: (r) 撥備
user: Please translate the following sentence from English to Chinese: 2. ARTICLES OF ASSOCIATION The Articles were adopted on 19 December 2017 and will become effective on the Listing Date.

assistant: 2. 組織章程細則 細則已於二零一七年十二月十九日獲採納，並將於上市日期生效。
user: Please translate the following sentence from English to Chinese: In the event that Dr. Qiao Zhicheng (喬志城) has obtained relevant experience under Rule 3.28 of the Hong Kong Listing Rules at the end of the said period, the above joint company secretaries arrangement will no longer be required by our Company.

assistant: 倘喬志城博士於上述期間結束時已具備香港上市規則第 3.28 條規定的相關經驗，本公司將不再需要上述聯席公司祕書安排。
user: Please translate the following sentence from English to Chinese: The monthly average of cash payments we made in relation to our operating activities for the year ended 31 December 2015 was approximately HK$11.1 million.

assistant: 截至2015年12月31日止年度，我們就經營活動所支付的每月平均現金金額約爲11.1百萬港元。
user: Please translate the following sentence from English to Chinese: In case the licensor does not grant the licence to the sub-licensor at the expiry of the current licence on 31 December 2013, we will not be able to use the site in Tsing Yi despite our current license expiring on 31 December 2014 and our priority right to extend the licence with the sub-licensor for another 12 months after 31 December 2014.

assistant: 倘於二零一三年十二月三十一日當前牌照屆滿，許可方不向分許可方授出牌照，則儘管本集團的現有牌照於二零一四年十二月三十一日屆滿及於二零一四年十二月三十一日後本集團有優先權與分許可方續簽另外 12 個月的牌照，本集團仍將無法使用該位於青衣的場地。
user: Please translate the following sentence from English to Chinese: 16. INVESTMENT PROPERTIES At 1 January Additions Transfer from inventories Fair value changes Exchange alignment At 31 December

assistant: 16. 投資物業 於一月一日添置轉撥自存貨公平值變動匯兌調整於十二月三十一日
user: Please translate the following sentence from English to Chinese: As at 31 July 2018, we recognised net current assets of approximately HK$39.6 million.

assistant: 於2018年7月31日，我們確認流動資產淨值約39.6百萬港元。
user: Please translate the following sentence from English to Chinese: The decrease in gross profit margin was principally attributable to the commencement of the sale of our seaborne coal products in 2009, which has a relatively lower margin than Mongolian coal. It was also attributable to the decrease in the average selling prices for our Mongolian coal as a result of the overall decline in global and domestic coal prices, whilst cost of sales on a per tonne basis increased.

assistant: 毛利率減少主要歸因於二零零九年開始銷售較蒙古煤毛利率相對更低的海運煤炭，亦是由於全球及國內煤價整體下跌導致蒙古煤炭平均售價下跌，而每噸銷售成本增加。
user: Please translate the following sentence from English to Chinese: Future action by governments in response to a disruption in trade could limit our ability to import apparel and increase our costs.

assistant: 各國政府日後就貿易受干擾而採取的行動可能限制我們進口服飾的能力並增加我們的成本。
user: Please translate the following sentence from English to Chinese: However, the current size of RMB-denominated financial assets outside the PRC is limited.

assistant: 然而，中國境外的人民幣計值金融資產現時的規模有限。
user: Please translate the following sentence from English to Chinese: However, the dividends paid by these foreign shareholders to their foreign investors could be subject to 10% WIT unless reduced by tax treaty.

assistant: 然而，除非經稅收協定減免，否則有關外國股東付予其海外投資者的股息須繳納 10%的預扣所得稅。
user: Please translate the following sentence from English to Chinese: All Directors have confirmed that they fully comprehend their obligations and duties to take rectifying measures and to prevent the overstated bill financing or other non-compliant activities from happening again in future.

assistant: 所有董事均已確認，彼等清楚明白其有義務及職責採取修正措施及預防超出實際採購金額的票據融資或其他不合規活動於未來再次發生。
user: Please translate the following sentence from English to Chinese: 3. Details of the valuations of the Group’s properties as of October 31, 2011 are set out in ‘‘Appendix IV—Property Valuation’’.

assistant: 3. 本集團物業截至二零一一年十月三十一日的估值詳情載於“附錄四—物業估值”。
user: Please translate the following sentence from English to Chinese: The expected lives of the options are based on the assumption that the share options would be exercised upon the Reorganisation.

assistant: 購股權預計年期乃基於購股權將於重組時獲行使的假設而預計。
user: Please translate the following sentence from English to Chinese: Closing net book amount .

assistant: 年末賬面淨值 .
user: Please translate the following sentence from English to Chinese: (k) Stamp duty An exempted company is exempt from all stamp duties except on transactions involving “Bermuda property”.

assistant: (k) 印花稅 除涉及「百慕達財產」之交易外，獲豁免公司毋須繳納任何印花稅。
user: Please translate the following sentence from English to Chinese: December 31, 2011: RMB4,747 million;

assistant: 2011年12月31日：人民幣3 .37億元；
user: Please translate the following sentence from English to Chinese: The increase in trade and other payables was primarily due to more deposits received from franchisees near the end of the financial year in anticipation of increased demand in upcoming months.

assistant: 貿易及其他應付款項增加主要是由於預期未來數月的需求增加，故臨近財政年末時從加盟商收取的按金有所上升所致。
user: Please translate the following sentence from English to Chinese: This represents a current account activity.

assistant: 這屬於經常帳下的活動。
user: Please translate the following sentence from English to Chinese: What is this product? db x-trackers FTSE CHINA 50 UCITS ETF (DR) (the “ETF”) is a sub-fund of db x-trackers* (*This includes synthetic ETFs) (the “Company”), an umbrella fund constituted in the form of a mutual fund set up as a Luxembourg investment company (SICAV) and approved under the UCITS IV regulations.

assistant: db x-trackers 富時中國 50 UCITS ETF (DR) (「ETF」)是 db x-trackers*(*此傘子基金包含合成交易所買賣基金)(「本公司」)的附屬基金，而本公司是根據 UCITS IV 規例獲覈准設立爲盧森堡投資公司(SICAV)並以互惠基金形式組成的傘子基金。
user: Please translate the following sentence from English to Chinese: (u) the equity transfer agreement dated May 31, 2010 between SZITIC Property and CR SZITIC Investment in respect of, among other things, the transfer of 10.29% equity interest in Shanghai Feng Dan by SZITIC Property to CR SZITIC Investment for nil consideration;

assistant: (u) 深國投地產及華潤深國投投資於二零一零年五月三十一日就（其中包括）深國投地產以零代價轉讓上海楓丹之 10.29% 權益予華潤深國投投資而訂立權益轉讓協議；
user: Please translate the following sentence from English to Chinese: Much of this information is based on estimates and should therefore be regarded as indicative only and treated with appropriate caution. SSY accepts no liability for any loss suffered in consequence of any reliance on such information and statistics.

assistant: 該資料大部分乃基於估計，因此應僅視爲指標，並以適當的謹慎進行處理。 SSY對任何依賴此類信息及統計數字引致蒙受的任何損失不承擔任何責任。
user: Please translate the following sentence from English to Chinese: 52 Issue Price and Redemption Value .

assistant: 52 發行價及贖回價格.
user: Please translate the following sentence from English to Chinese: Rising levels of health problems China’s industrialization, economic growth and urbanization have been accompanied by rising pollution levels, increases in labor intensity and an increasingly fast-paced and stressful lifestyle, which in turn have led to an increasing prevalence of a variety of health problems.

assistant: 健康問題日趨嚴重 隨着中國工業化、經濟增長及城鎮化，人口不斷增加、勞動強度增加、生活節奏加快及壓力日增，導致多個健康問題日趨普遍。
user: Please translate the following sentence from English to Chinese: Nothing in the Deed of Non-Competition shall prevent our Controlling Shareholders or any of their associates from carrying on any business whatsoever other than the Restricted Business.

assistant: 不競爭契據並不禁止我們的控股股東或其任何聯繫人進行除受限制業務外的任何業 務。
user: Please translate the following sentence from English to Chinese: 1. Summary of material contracts The following contracts (not being contracts entered into in the ordinary course of business) have been entered into by us or any of our subsidiaries within the two years immediately preceding the date of this document and are or may be material:

assistant: 1. 重大合約概要 以下爲緊隨刊發本文件日期前兩年內本公司或本公司任何附屬公司（並非在日常業務訂立的合約）所訂立重大或可屬重大合約：
user: Please translate the following sentence from English to Chinese: Other salary-related components, such as:

assistant: 其他薪金相關組成部分，例如：
user: Please translate the following sentence from English to Chinese: We rely on our distributors for sales of pharmaceutical products.

assistant: 我們依賴分銷商銷售醫藥產品。
user: Please translate the following sentence from English to Chinese: For assets that have become overdue, we prohibit extending the term of their repayment. Also, we prohibit the reclassification of relevant assets through extending the term of their repayment.

assistant: 對於已經出現逾期的資產，我們不允許對債權進行展期，亦不允許通過對債權進行展期而重新分類有關資產。
user: Please translate the following sentence from English to Chinese: The SFC must, where applicable, also give its prior approval to such amendments to the Trust Deed.

assistant: 所有對信託契約的修訂亦須經證監會事先批准（倘適用）。
user: Please translate the following sentence from English to Chinese: The following are the qualifications of the expert who have given its opinions and advice which are included in this Prospectus:

assistant: 於本供股章程提供意見及建議之專家資格如下：
user: Please translate the following sentence from English to Chinese: During the Track Record Period, we have not been informed by our distributors that any of the terminated sub-distributors failed to comply with the termination policy and we have not been informed of any irregularities with respect to the terminated sub-distributors by our distributors.

assistant: 於往績記錄期間，我們並無獲分銷商告知有任何被終止的次級分銷商未有遵守終止政策，而我們亦並無獲分銷商告知有任何有關被終止的次級分銷商的違規事宜。
user: Please translate the following sentence from English to Chinese: There is no guarantee that trends are sustainable.

assistant: 概不保證該趨勢將會繼續。
user: Please translate the following sentence from English to Chinese: Our Company’s principal place of business in Hong Kong is at 19/F, Prosperity Tower, 39 Queen’s Road Central, Central, Hong Kong and our Company was registered as a non-Hong Kong company under Part 16 of the Companies Ordinance on 1 March 2016.

assistant: 本公司的香港主要營業地點位於香港中環皇后大道中39號豐盛創建大廈19樓，並於二零一六年三月一日根據公司條例第16部註冊爲一家非香港公司。
user: Please translate the following sentence from English to Chinese: This ensures the quality of our wastewater treatment and industrial water supply process and helps us pre-empt problems that may arise during operations such that they can be remedied as soon as possible.

assistant: 此舉可確保污水處理及工業供水工藝的質量，有助我們先行應對運行中可能出現的問題，以便儘快作出補救。
user: Please translate the following sentence from English to Chinese: The Unaudited Pro Forma Financial Information has been compiled by the Directors to illustrate the impact of the Rights Issue on the Group’s unaudited consolidated net tangible assets as at 31 December 2015 as if the Rights Issue had taken place at 31 December 2015.

assistant: 未經審覈備考財務資料由董事編制，以說明倘供股已於二零一五年十二月三十一日進行，供股對　貴集團於二零一五年十二月三十一日之未經審覈綜合有形資產淨值之影響。
user: Please translate the following sentence from English to Chinese: (ff) where the grantee is only a substantial shareholder of any member of our Group, the date on which the grantee ceases to be a substantial shareholder of such member of our Group;

assistant: (ff) 倘承授人僅爲本集團任何成員公司的一名主要股東，承授人不再爲本集團該成員公司主要股東的日期；
user: Please translate the following sentence from English to Chinese: Termination:

assistant: 終止：
user: Please translate the following sentence from English to Chinese: On 27 July 2001, the authorised share capital was increased from HK$2,300,000 to HK$4,000,000 by the creation of an additional 1,700,000 shares of HK$10.00 each.

assistant: 二零零一年七月二十七日，通過增設 1,700,000 股每股面值 10.00 港元的股份，法定股本由 2,300,000 港元增至 4,000,000 港元。
user: Please translate the following sentence from English to Chinese: HOW TO APPLY FOR HONG KONG OFFER SHARES

assistant: 如何申請公開發售股份
user: Please translate the following sentence from English to Chinese: — After the completion of the Reorganisation steps as described above, the Company became the holding company of the subsidiaries now comprising the Group.

assistant: —於上述重組步驟完成後，貴公司成爲現時組成貴集團的附屬公司的控股公司。
user: Please translate the following sentence from English to Chinese: This unexpected credit crunch has affected not only the banking and financial sectors, but also the commercial sectors relying on the availability of banking facilities and bank borrowings.

assistant: 意外的流動性惡化及信貸緊縮不僅影響銀行及金融行業，亦會對依賴銀行信貸及銀行借款的商業領域造成衝擊。
user: Please translate the following sentence from English to Chinese: However, we cannot guarantee the quality or reliability of such source materials.

assistant: 然而，我們無法保證有關來源資料的質素或可靠性。
user: Please translate the following sentence from English to Chinese: 1. All times and dates refer to Hong Kong local times and dates unless otherwise stated.

assistant: 1. 除非另有所指，否則所有時間及日期均指香港本地時間及日期。
user: Please translate the following sentence from English to Chinese: TERMINATION OF THE UNDERWRITING AGREEMENT then and in such case First Glory may by notice in writing given to the Company on or before 5:00 p.m. on the third Business Day after the Acceptance Date for the provisional allotment rescind the Underwriting Agreement and thereupon all obligations of First Glory thereunder will cease and determine and no party will have any claim against any other party in respect of any matter or thing arising out of or in connection with the Underwriting Agreement and the Rights Issue will not proceed.

assistant: 終止包銷協議 其時及在該等情況下，First Glory可以在暫定配額接納日期後第三個營業日下午五時正或之前，向本公司發出書面通知撤銷包銷協議，而First Glory於包銷協議之一切責任將告終止。 包銷協議之訂約方概不可就包銷協議所產生或與此有關之任何事宜或事務對另一訂約方提出任何申索，而供股將不會進行。
user: Please translate the following sentence from English to Chinese: and (iii) there is no war or large scale disaster during the forecast period.

assistant: 及 (iii) 於預測期內並無發生戰爭或大型災難。
user: Please translate the following sentence from English to Chinese: The Daqing Dairy Group

assistant: 大慶乳品集團
user: Please translate the following sentence from English to Chinese: – Enhance inventory level to offer more varieties of the Group’s products and prepare for the opening of retail outlets

assistant: 提高存貨水平 –提供存貨水平，以提供更多款式之本集團產品及籌備開設零售門市
user: Please translate the following sentence from English to Chinese: Based on the methodology and procedures for the transfer and conversion of our Domestic Shares into H Shares as described in this section, we can apply for the listing of all or any portion of our Domestic Shares on the Stock Exchange as H Shares in advance of any proposed transfer to ensure that the transfer process can be completed promptly upon notice to the Stock Exchange and delivery of shares for entry on the H Share Register.

assistant: 根據本節所載將內資股轉讓及轉換爲H股的方法及程序，我們可於進行任何建議轉讓前申請全部或部分內資股以H股方式在聯交所上市，確保轉讓過程可於知會聯交所及在H股股東名冊登記有關股份後儘快完成。
user: Please translate the following sentence from English to Chinese: We believe that there are certain risks involved in our operations; many of these risks are beyond our control.

assistant: 我們相信旗下經營的業務涉及若干風險，當中很多非我們所能控制。
user: Please translate the following sentence from English to Chinese: and (ii) no tax be levied on profits, income gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable by the Company:

assistant: 及 (ii) 本公司毋須就下列事項繳納利得稅、所得稅、收益稅或增值稅或任何屬於遺產稅或繼承稅性質的稅項：
user: Please translate the following sentence from English to Chinese: As the downstream market is dominated by state-owned enterprises with long-term and stable demand, it is crucial to maintain a long-term and stable relationship with these companies.

assistant: 由於下游市場由國有企業主導，並擁有長期穩定的需求，因此與該等公司維持長期穩定關係至關重要。
user: Please translate the following sentence from English to Chinese: Each of these long-term supply agreements took effect on the contract signing date and is valid for a period of 20 years.

assistant: 每份長期供應協議自合約簽訂日期起生效，有效期爲20年。
user: Please translate the following sentence from English to Chinese: A reversal of such an impairment loss is credited to profit or loss in the period in which it arises.

assistant: 減值虧損撥回乃在產生期間計入損益。
user: Please translate the following sentence from English to Chinese: Work safety at height — which covers safety guidelines for the use of ladders, suspended working platforms, elevated working platforms and mobile scaffold, where relevant, when carrying out our services on site;

assistant: 高空工作安全－此涵蓋在實地執行我們的服務時使用鋁梯、吊船、高空工作臺及流動鋁架（如適用）的內部指引；
user: Please translate the following sentence from English to Chinese: THE TRUST The Trust is an umbrella unit trust constituted by way of a trust deed dated 25 July 2012, between CSOP Asset Management Limited as Manager and HSBC Institutional Trust Services (Asia) Limited as Trustee, (as amended and supplemented from time to time).

assistant: 本信託是透過由南方東英資產管理有限公司（作爲基金經理）與滙豐機構信託服務（亞洲）有限公司（作爲受託人）於 2012 年 7 月 25 日訂立的信託契約（經不時修訂及補充）構成的傘子單位信託。
user: Please translate the following sentence from English to Chinese: — agree that the Hong Kong Offer Shares to be allocated shall be issued in the name of HKSCC Nominees and deposited directly into CCASS for the credit of the stock account of the CCASS Participant who has input electronic application instructions on your behalf or for your CCASS Investor Participant stock account;

assistant: —同意將所獲配發的香港發售股份以香港結算代理人名義發行，並直接存入中央結算系統，記存於代表閣下輸入電子認購指示的中央結算系統參與者的股份賬戶或閣下的中央結算系統投資者戶口持有人股份賬戶；
user: Please translate the following sentence from English to Chinese: 0 to 30 days 31 to 60 days 61 to 90 days 91 to 180 days Over 180 days

assistant: 0至30日 31至60日 61至90日 91至180日超逾180日
user: Please translate the following sentence from English to Chinese: According to the Statistics Bureau of Shenzhen, as of December 31, 2008, Shenzhen had a population of approximately 8.8 million.

assistant: 根據深圳市統計局的資料，截至 2008 年 12 月 31 日，深圳人口約 8.8 百萬。
user: Please translate the following sentence from English to Chinese: The subsidiaries of the Group engaging in the property development business in Mainland China are subject to LAT.

assistant: 貴集團屬下在中國從事物業開發業務的附屬公司須繳納土地增值稅。
user: Please translate the following sentence from English to Chinese: (3) Return on equity represents the profit for the year as a percentage of the average total equity.

assistant: (3) 股本回報率指年度溢利佔平均權益總額百分比。
user: Please translate the following sentence from English to Chinese: No dividend or other monies payable by the Company on or in respect of any share shall bear interest against the Company.

assistant: 本公司應付有關任何股份的股息或其他股款一概不計利息。
user: Please translate the following sentence from English to Chinese: We encourage distributors to meet such targets by providing them with advertisement support or subsidies in connection with their opening of new retail outlets and free display racks for those who meet their targets.

assistant: 我們鼓勵經銷商達致該等目標，以向彼等提供廣告支持或補助方式就彼等開設新零售門店給予更多補貼及爲實現目標的經銷商免費提供陳列貨架。
user: Please translate the following sentence from English to Chinese: In this prospectus, if there is any inconsistency between the Chinese names of the titles, entities or enterprises established or used as the case may be in the PRC and their English translations, the Chinese names shall prevail.

assistant: 於本招股章程內，倘於中國使用的職稱或成立的實體或企業（視情況而定）的中文名稱與其英文譯名有任何歧異，概以中文名稱爲準。
user: Please translate the following sentence from English to Chinese: page 62

assistant: 第 62 頁
user: Please translate the following sentence from English to Chinese: Property, plant and equipment Property, plant and equipment are stated at cost less subsequent accumulated depreciation and accumulated impairment losses.

assistant: 物業、廠房及設備 物業、廠房及設備乃按成本減其後的累計折舊及累計減值虧損列賬。
user: Please translate the following sentence from English to Chinese: Since 1994, the conversion of Renminbi into Hong Kong dollars and United States dollars has been based on rates set by the People’s Bank of China, which are set daily based on the previous day’s PRC interbank foreign exchange market rate.

assistant: 自一九九四年起，人民幣根據中國人民銀行每日設定之匯率兌換爲港元及美元，匯率乃每日根據上一日中國銀行同業外匯市場匯率釐定。
user: Please translate the following sentence from English to Chinese: The primary function of the nomination committee is to make recommendations to our Board in relation to the appointment and removal of Directors.

assistant: 提名委員會的主要職責爲就董事之委任及罷免向董事會提出推薦建議。
user: Please translate the following sentence from English to Chinese: For example, we have conducted research and development into (i) the embedded Linux Operating System and applied the system in the production process of our existing products and (ii) contactless payment technologies and products such as the EZ-Link in Singapore, the mobile phone payment of China Mobile and the All-in-one Card (寧波市民卡) in Ningbo, Zhejiang province.

assistant: 例如，我們已對以下各項進行研發： (i) 嵌入式Linux操作系統，並將有關係統應用於現有產品的生產工序及(ii) 非接觸式支付技術及產品，例如新加坡的EZ-Link、中國移動的手機支付及浙江省寧波市的寧波市民卡。
user: Please translate the following sentence from English to Chinese: Our Shareholders i.e. our Founders and 郭振義先生 (Mr. Guo Zhenyi (“Mr. Guo”), as our minority shareholder who did not involve in the day-to-day operations of our Group) decided that our Group undertook to invest in A shares to take advantage of the then positive stock market sentiment.

assistant: 本公司股東（即創辦人及郭振義先生（「郭先生」），作爲少數股東且無參與本集團的日常營運）決定本集團進行A股投資，以利用當時的良好市場氣氛。
user: Please translate the following sentence from English to Chinese: There is a risk that the market price on the SEHK of Units traded in HKD may deviate significantly from the market price on the SEHK of Units traded in RMB due to different factors such as market liquidity, supply and demand in each counter and the exchange rate between RMB and HKD (in both the onshore and the offshore markets).

assistant: 港幣買賣基金單位及人民幣買賣基金單位於香港聯交所的市價可能會因市場流通性、各個櫃檯的供求情況以及人民幣與港幣間之匯率（於在岸及離岸市場）等不同因素而相去甚遠。
user: Please translate the following sentence from English to Chinese: We are also an investment holding company.

assistant: 本公司亦爲一間投資控股公司。
user: Please translate the following sentence from English to Chinese: No further costs were incurred in the nine months ended 31 December 2010.

assistant: 於截至2010年12月31日止九個月概無產生進一步成本。
user: Please translate the following sentence from English to Chinese: – Financial assets sold under repurchase agreement .

assistant: －賣出回購金融資產 .
user: Please translate the following sentence from English to Chinese: The Reorganisation involved the following steps:

assistant: 重組涉及以下階段：
user: Please translate the following sentence from English to Chinese: Period of guaranteed loans

assistant: 擔保借款期限
user: Please translate the following sentence from English to Chinese: The Custodian and PRC Custodian In respect of the Bosera A50 ETF, the Hongkong and Shanghai Banking Corporation Limited has been appointed by the Manager and the Trustee to act as the Custodian.

assistant: 託管人及中國託管人 就博時A50 ETF而言，香港上海滙豐銀行有限公司已獲經理人及受託人委任爲託管人。
user: Please translate the following sentence from English to Chinese: In the event of an insolvency or an event of default with respect to the relevant Collateral Provider, the payment and delivery obligations of the parties under the securities and borrowing arrangement will be accelerated and netted off, and replaced by an obligation of one party to pay a single sum to the other based on the latest mark-to-market valuations.

assistant: 就於市場進行的跨境交易而言，該市場的結算所將一方面與其本身的結算參與者進行結算及交收，另一方面承擔向對方結算所履行其結算參與者的結算及交收責任。