billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: Keynote Speech at the Beijing-Hong Kong Financial Services Co-operation Forum Mrs Alexa Lam Executive Director and Deputy Chief Executive Officer 29 October 2009 Ladies and gentlemen, good afternoon.

assistant: 京港金融服務合作論壇主題演講 張灼華香港證監會執行董事及副行政總裁 2009 年 10 月 29 日 各位女士、先生，下午好。
user: Please translate the following sentence from English to Chinese: The new measures cover the transparency and accountability of the board, independence of INEDs, over-boarding and board diversity, and will take effect in 2019.

assistant: 新措施涵蓋董事會的透明度和問責、獨立非執董的獨立性、獨立非執董擔任過多董事職務，及董事會成員多元化等問題，並將於 2019 年生效。
user: Please translate the following sentence from English to Chinese:  By the end of October 2013, a total of 78 companies with a Mainland background have set up 207 SFC-licenced corporations in Hong Kong.In Hong Kong, about 62% of the new licences granted by the SFC in 2013 are asset management licences. About 13% of these are granted to Mainland background asset management firms.

assistant: 截至 2013 年 10 月底，共有 78 間內地背景的公司在香港設立 207 家證監會持牌機構。 在香港，證監會在 2013 年發出的新牌照當中，約 62%爲資產管理牌照，其中約 13%發給了內地背景的資產管理機構；
user: Please translate the following sentence from English to Chinese: open and fair markets, that are also deep and liquid and thus capable of absorbing and placing funds from all over;

assistant: 具深度、富流通力及因而能夠吸納和配置來自各地的資金的開放而公平的市場；
user: Please translate the following sentence from English to Chinese: As a first step, we enhanced our authorisation regime for guaranteed funds in 2002, and established a framework for the authorisation of retail hedge funds.

assistant: 首先，我們在 2002 年加強適用於保證基金的認可制度，並設立認可零售對沖基金的機制。
user: Please translate the following sentence from English to Chinese: 2. This report was triggered by concerns – both within the SFC as well as the market – about the increased activity in our derivative warrants market.

assistant: 2. 證監會內部及市場對於本港衍生權證市場愈趨熱熾的活動的關注觸發了該報告的發表。
user: Please translate the following sentence from English to Chinese: Innovation for innovation’s sake is costly at best and useless at worst.

assistant: 純粹爲創新而創新，充其量只是以龐大成本來換取增長，但在最壞的情況下根本對發展毫無作用。
user: Please translate the following sentence from English to Chinese: The SFC will continue to monitor the latest developments in the UCITS III regulatory framework and review our measures as necessary.

assistant: 證監會將繼續注視 UCITS III 基金監管制度的最新發展，並在必要時檢討相關措施。
user: Please translate the following sentence from English to Chinese: By obtaining QFII status, asset management companies can directly play the China securities market.

assistant: 在獲得QFII資格後，資產管理公司便可直接參與中國證券市場。
user: Please translate the following sentence from English to Chinese: As you may be aware, the report is entitled A Healthy Market for Informed Investors – A Report on the Derivative Warrants Market in Hong Kong.

assistant: 正如各位所知，該報告的標題是《完善市場精明投資―香港的衍生權證市場報告》。
user: Please translate the following sentence from English to Chinese: This opened a new panorama of investment opportunities to retail investors.

assistant: 這爲散戶投資者開拓了一個充滿投資機會的新領域。
user: Please translate the following sentence from English to Chinese: Our advantage over overseas financial centres is also being chipped away.

assistant: 此外，香港對比海外金融中心的優勢亦正被削弱。
user: Please translate the following sentence from English to Chinese: In addition to our vast hinterland of the Mainland, another strong source of growth to the Hong Kong REIT market is expected to come from elsewhere in Asia.

assistant: 除內地龐大的資源區外，香港房地產基金巿場的另一個強大增長來源預期將會來自亞洲其他地區。
user: Please translate the following sentence from English to Chinese: IOSCO ANNUAL CONFERENCE 2006 IN HONG KONG 56.

assistant: 於香港舉行的國際證監會組織 2006 年週年大會 56.
user: Please translate the following sentence from English to Chinese: Of the 2,279 retail funds authorised by us in Hong Kong, around 72% (1,637 funds) are UCITS funds domiciled in European countries, predominantly Luxembourg, Ireland and the UK.

assistant: 在香港已獲證監會認可的 2,279 只零售基金當中，約 72%（1,637 只基金）是在歐洲國家註冊成立的 UCITS 基金，主要來自盧森堡、愛爾蘭及英國。
user: Please translate the following sentence from English to Chinese: In the past year or so the SFC has devoted a great deal of effort to working with the industry with a view to setting a re-pledging limit at a mutually acceptable level. However, no consensus has been reached by the industry.

assistant: 儘管證監會在過去一年多以來盡了最大的努力，希望可以協助業界達到一個大家都同意的轉按上限，可惜的是，到目前爲止，業界仍然未有共識。
user: Please translate the following sentence from English to Chinese: I am very pleased here today to speak to such a large audience of sophisticated and knowledgeable business people on the topic of corporate governance.

assistant: 今天能夠就企業管治這個課題向在座多位資深及知識廣博的商界人士發表演說，我感到非常高興。
user: Please translate the following sentence from English to Chinese: In this age of change and revolution, I can assure you that there are core values that don’t change – namely, the general principles set out in the Code of Conduct7 and also that the protection of the interest of the investing public in the New Economy is exactly the same as in the Old Economy.

assistant: 在這個改變與改革的時代，我可以向們你們保證，有些核心價值始終不變，即《操守準則》7所列載的一般原則，以及對投資大衆的保障，不論是在新經濟時代還是舊經濟時代，都不會有所分別。
user: Please translate the following sentence from English to Chinese: This host of favourable factors are actually valuable assets to Hong Kong, and Hong Kong being a part of China, they are invaluable to the nation as a whole.

assistant: 這些特點實在是我們香港的寶貴資產（asset），作爲中國的一部分，這也是國家的一份寶貴資產。
user: Please translate the following sentence from English to Chinese: For example, I have to resign from all my previous involvement with publicly listed companies such as acting as Independent Non-Executive Directors.

assistant: 例如，我要辭去在此之前在多家上市公司的所有職務，如獨立非執行董事等。
user: Please translate the following sentence from English to Chinese: Last September, we announced the SFC Regulatory Sandbox to provide a confined regulatory environment for qualified firms to operate regulated activities before Fintech is used on a fuller scale.

assistant: 去年 9 月，我們宣佈推出證監會監管沙盒，爲合資格企業在更全面地應用金融科技前，提供一個它們能夠經營受規管活動的受限制監管環境。
user: Please translate the following sentence from English to Chinese: Hong Kong is key partner in that journey.

assistant: 香港正是內地這項進程中的重要夥伴。
user: Please translate the following sentence from English to Chinese: We have received a general support for almost all proposals in Jan 2005 consultation to make the regime more user-friendly.

assistant: 我們在 2005 年 1 月的諮詢中所提出的關於使該制度更易於遵從的所有建議幾乎全都獲得普遍支持。
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 a market separated from the Mainland market and in an environment that operates on international rules.

assistant: 香港對內地的戰略性價值，在於擔當內地的國際離岸市場，使內地得以按照國際規範，在一個內地以外的市場進行資本市場試驗計劃。
user: Please translate the following sentence from English to Chinese: 8. This brings me to my second point today which is how are securities regulators dealing with these challenges on an international level.

assistant: 8. 這將我帶到今天的第二個論題，即證券監管者正如何在國際層面上應付這些挑戰。
user: Please translate the following sentence from English to Chinese: Backdoor listings and shell activities The next topic I would like to touch on has drawn considerable interest over the years.

assistant: 借殼上市及殼股活動接下來，我想談談的是多年來大家深感興趣的一個議題。
user: Please translate the following sentence from English to Chinese: Coming out of the financial crisis, the public now expects regulators to play a bigger role in ensuring that investors get a fair deal and that the market operates smoothly.

assistant: 在金融危機過後，公衆期望監管機構擔當更重要的角色，以確保投資者得到公平對待及市場運作暢順。
user: Please translate the following sentence from English to Chinese: The average daily turnover in was 18.5 bn, 76% increase as compared to 2003.

assistant: 平均每日成交額爲 185 億元，較 2003 年增長 76%。
user: Please translate the following sentence from English to Chinese: We are confident that by working in partnership with the industry practitioners, the SFC can further the growth of the REIT market in Hong Kong.

assistant: 我們深信，透過與業界人士攜手合作，本會可推動香港房地產基金市場進一步增長。
user: Please translate the following sentence from English to Chinese: If it is not possible to avoid a particular conflict of interest and if investors’ interests can be appropriately safeguarded, it may be sufficient for the conflict to be managed and minimised.

assistant: 如果利益衝突無法避免，但投資者利益可以獲適當保障的話，妥善管理和盡量減少利益衝突或已足夠。
user: Please translate the following sentence from English to Chinese: The launch of a new index fund which tracks the Indian market in November 2006 brings the total number of authorised ETFs in Hong Kong to nine, with an estimated total NAV of over US$ 9.7 billion as at 24 January 2007.

assistant: 隨著一項追蹤印度市場表現的新指數基金在 2006 年 11 月面世，香港的認可交易所買賣基金總數即增至九項，估計它們在 2007 年 1 月 24 日的資產淨值總額超過 97 億美元。
user: Please translate the following sentence from English to Chinese: I will now briefly discuss the efforts to enhance Mainland-Hong Kong co-operation in developing the Exchange Traded Funds (ETF) market to expand the growth potential of Mainland financial intermediaries operating in Hong Kong.

assistant: 接下來，我重點說一下如何加強內地與香港在發展 ETF 市場方面的合作，爲來港經營的內地金融中介機構提供更加廣闊的發展空間。
user: Please translate the following sentence from English to Chinese: We have adopted a multi-pronged approach in discharging our role as a gatekeeper:

assistant: 爲履行本會作爲把關者的職責，我們採取了多管齊下的方法：
user: Please translate the following sentence from English to Chinese: We have seen Mainland companies list A and H shares simultaneously.

assistant: 有些內地公司更同步發行 A 股及 H 股。
user: Please translate the following sentence from English to Chinese: Hong Kong is the preferred market for launching Mainland REITs, not only because investors in Hong Kong are familiar with Mainland properties, but also because Hong Kong has a rich pool of talent, from various disciplines, that are well-versed with the business practices and regulatory requirements in the Mainland, and have a proven track record of conducting deals for Mainlanders.

assistant: 香港之所以是推出內地房地產基金的理想市場，不僅是因爲香港的投資者熟悉內地物業，更是因爲香港擁有大量專才，他們來自各行各業，非常熟悉內地的商業常規和監管要求，並具備爲內地人士進行交易的理想往績紀錄。
user: Please translate the following sentence from English to Chinese: Assuming that the Mainland economy continues to grow, together with the investment opportunities it offers to the rest of the world, the volume of FDI can only increase.

assistant: 假設內地經濟持續增長，不斷向世界各地提供投資機會，FDI 投資額只會有增無減。
user: Please translate the following sentence from English to Chinese: ICE also took on the dubious market activities associated with shell companies.

assistant: ICE 亦負責應付與空殼公司相關的可疑市場活動。
user: Please translate the following sentence from English to Chinese: I will call on you to compare the best practice with that of your organization and target problem areas and develop solutions to put clients’ interest first in order to achieve the best level of performance.

assistant: 我謹此促請在座各位將最佳常規與閣下所屬機構的作業方式及有問題的範疇作出比較，並制訂解決方案落實以客戶的權益爲先，從而使表現達致最佳水準。
user: Please translate the following sentence from English to Chinese: they contributed over 70% of our total fund management business in 2013. This exceeds the percentage share recorded in any of the previous 14 years.

assistant: 在 2013 年，香港基金管理業務總值超過 70%來自海外投資者，較過去 14 年當中任何一年所錄得的百分比都要高。
user: Please translate the following sentence from English to Chinese: After our review, we held industry workshops in January to share our findings and also soft-consulted the industry on proposed baseline requirements on which we aim to issue a consultation paper later this month.

assistant: 我們在完成檢視後，於 1 月舉行了業界工作坊，分享調查結果，亦就建議的基本規定向業界進行初步諮詢；
user: Please translate the following sentence from English to Chinese: Hong Kong already has a wide range of investment products that are linked to the Mainland market, some of them using the existing USD QFII quota.

assistant: 香港已推出多種與內地市場掛鉤的投資產品，當中有部分是使用現有的美元 QFII 額度，而且有不少是經香港證監會認可的。
user: Please translate the following sentence from English to Chinese: The report says Hong Kong performs well in all the key areas, especially in regulation – which was also rated by respondents to its survey as a major component in considering the competitiveness of a market.

assistant: 該報告指出香港在所有主要領域均表現卓越，特別是監管方面，而該調查的回應者亦將監管視爲考慮一個市場的競爭力的主要因素。
user: Please translate the following sentence from English to Chinese: Generally, the law does not distinguish between executive and non-executive directors –non-executive directors are subject to the same duties and obligations as executive directors.

assistant: 一般而言，法例並不區分執行董事與非執行董事—非執行董事所負有的義務及責任與執行董事相同。
user: Please translate the following sentence from English to Chinese: 41. Going forward, in order for the SFC to continue to play a key role in enhancing the quality of the market, we must review the way we carry out our functions, such as by adopting a pro-business approach, further streamlining our processes, having more frequent dialogue with the industry, and ensuring our frontline staff are well equipped to handle matters raised by market participants.

assistant: 41. 展望未來，爲了使證監會得以繼續在提高市場質素方面擔當重要角色，我們必須檢討本會履行職能的方式，例如採納利便營商的方針、進一步簡化程序、與業界進行更頻密的對話，以及確保我們的前線人員具備足夠能力處理市場參與者提出的事宜。
user: Please translate the following sentence from English to Chinese: Hong Kong continues to be one of the leading capital-raising centres in the world.

assistant: 香港依然是全球主要的集資中心之一。
user: Please translate the following sentence from English to Chinese: Clearly not, so we exercised our power under the SMLR to object to the listing application.

assistant: 顯然，答案是否定的，因此我們行使了在《證券市場上市規則》下的權力，反對該上市申請。
user: Please translate the following sentence from English to Chinese: Further, Hong Kong serves as a bridge between the Mainland and the rest of the world.

assistant: 此外，香港位處連接內地與世界各地的理想位置。
user: Please translate the following sentence from English to Chinese: In the consultation we explore the idea of whether cooling off can also be applied to long term, illiquid products – mostly unlisted structured products.

assistant: 證監會在諮詢文件建議探討應否爲流通量低的長線投資產品，主要是非上市結構性產品引入冷靜期。
user: Please translate the following sentence from English to Chinese: Yet our pool is shallow as measured against the size of the Mainland economy, external trade and capital market, and the potential international demand for the currency.

assistant: 不過，相對於內地經濟、外貿及資本市場的規模，以及國際市場對人民幣的潛在需求，我們的人民幣資產市場的規模仍微不足道。
user: Please translate the following sentence from English to Chinese: In such cases, the SFC routinely investigates whether the Chairman, CEO or directors have knowingly or recklessly issued false or misleading information to the Stock Exchange for publication in an announcement.

assistant: 在該等情況中，證監會定期就主席、行政總裁或董事是否曾明知或罔顧後果地向聯交所發出虛假或具誤導性的資料以供在公告中刊載而展開調查。
user: Please translate the following sentence from English to Chinese: Given the limited size of Hong Kong and the fact that most of the properties that are of investment grade are already listed on the Hong Kong Stock Exchange, the opening up of overseas investments significantly enhances the development prospects of the Hong Kong REIT market.

assistant: 鑑於香港的面積有限，而且大部分達到投資級別的物業都已經在香港交易所上市，因此，開放海外投資可大大加強香港房地產基金市場的發展前景。
user: Please translate the following sentence from English to Chinese: It is against this information that we can assess whether they have the appropriate risk management models and expertise to manage the market, trading, liquidity and counterparty risks.

assistant: 根據這些資料，我們便可以評估他們是否具備適當的風險管理模式及專業知識，足以管理市場、交易、流通性及交易對手的風險。
user: Please translate the following sentence from English to Chinese: 3. Mainland China’s reform and opening up of the securities market and the continued role of Hong Kong

assistant: 3. 中國內地的改革及證券市場對外開放與 香港持續擔當的角色
user: Please translate the following sentence from English to Chinese: second, issuers of securities, including listed companies and investment funds, which are required to comply with certain disclosure and other regulations in order to be able to sell securities to the investing public;

assistant: 第二、證券發行人，包括上市公司及投資基金。 他們必須遵守若干披露及其他監管規定才能向投資大衆出售證券；
user: Please translate the following sentence from English to Chinese: And while there may be considerable challenges in some areas, development in other areas could progress more swiftly.

assistant: 儘管市場在若干範疇或會面對重重挑戰，但其他領域仍可以更快的步伐向前邁進。
user: Please translate the following sentence from English to Chinese: As sub-prime borrowers entered the housing market, house prices continued to climb, which in turn enabled more sub-prime borrowers to buy into the housing market.

assistant: 隨著這批次級按揭借款人進入房地產巿場，房地產價格於是持續攀升，轉過來讓更多次級按揭借款人能夠投資於房地產巿場。
user: Please translate the following sentence from English to Chinese: a stable currency;

assistant: 穩定的貨幣；
user: Please translate the following sentence from English to Chinese: Under this new approach, we use the SFC’s existing statutory powers under the Securities and Futures (Stock Market Listing) Rules (or SMLR in short), and more generally under the Securities and Futures Ordinance (SFO), to deal directly with listing applicants when we have concerns about initial public offerings (IPOs) and with listed companies on their corporate actions.

assistant: 在這個新方針之下，當我們對上市申請人的首次公開發售及上市公司的企業行動感到關注時，我們便會運用《證券及期貨(在證券市場上市)規則》（或簡稱爲《證券市場上市規則》），及在較廣泛的情況下根據《證券及期貨條例》所賦予證監會的現有法定權力，與有關的上市申請人及上市公司直接交涉。
user: Please translate the following sentence from English to Chinese: I should at the outset point out that this Code is intended to cover all unlisted structured 1 Consultation Paper on Proposals to Enhance Protection for the Investing Public published by the SFC in September 2009.

assistant: 我想先指出一點，就是這份新守則旨在涵蓋香港公衆現時普遍接觸到的非上市結構性產品，例如股票、信貸及商品 1證監會在 2009 年 9 月發表的《建議加強投資者保障措施的諮詢文件》。
user: Please translate the following sentence from English to Chinese: When the cycle turns, the resilience of the market would be dependent a large part on whether risks have been properly priced.

assistant: 當循環逆轉時，巿場的復原能力主要取決於有否適當地爲風險定價。
user: Please translate the following sentence from English to Chinese: 26. The derivative warrants are issued on large capitalisation and high turnover stocks such as HSBC, Hutchison, Bank of Communications, China Mobile, PetroChina, China Life, Cheung Kong Holdings, Sun Hung Kai Properties and Sinopec.

assistant: 26. 發行人就高市值及高成交額的股票，例如滙豐、和記黃埔、交通銀行、中國移動、中國石油、中國人壽、長江實業、新鴻基地產及中國石油化工發行衍生權證。
user: Please translate the following sentence from English to Chinese: The Mainland and the rest of the world The second important factor that affects Hong Kong is the way the Mainland interacts with the rest of the world.

assistant: 內地與全球其他地區第二個影響香港的重要因素是內地與全球其他地區的互動方式。
user: Please translate the following sentence from English to Chinese: Most of the problematic regulatory issues identified could have been avoided if IAs had strictly observed the standards that are already set out in the existing codes and guidelines.

assistant: 假如投資顧問嚴格遵守早已在現有守則及指引內訂明的準則，大部分識別出來的有問題監管事宜原本是可以避免的。
user: Please translate the following sentence from English to Chinese: The Mainland issuers, established under the laws of the PRC, are required to comply with the PRC Company Law and other domestic regulations.

assistant: 根據中國法例成立的內地發行人，須遵守中國《公司法》及其他內地法規。
user: Please translate the following sentence from English to Chinese: Under the scheme, banks, fund management companies, securities operating institutions (i.e. brokers) and insurance companies are permitted to invest in overseas markets and in certain types of financial products. Such investments may be made on behalf of clients or themselves.

assistant: 根據該計劃，銀行、基金管理公司、證券營運機構（即經紀行）和保險公司可以投資於海外市場及若干類別的金融產品，並且可以爲客戶或機構本身進行該等投資。
user: Please translate the following sentence from English to Chinese: As for these 4 funds, they have invested in bonds in emerging markets and are facing liquidity problems, or in the process of windingup and returning assets to investors.

assistant: 上述四隻基金均投資於新興市場債券，結果出現了流動資金問題，或已展開清盤程序，正在向投資者發還資產。
user: Please translate the following sentence from English to Chinese: At the same time, Hong Kong has been able to keep an impressive track record as the primary fund-raising centre for Mainland China companies.

assistant: 與此同時，香港亦能夠保持作爲中國內地公司主要的集資中心的輝煌業績。
user: Please translate the following sentence from English to Chinese: Because of restrictions, the fund is structured to achieve exposure to the relevant A-share index only through 100% investment in equity-linked instruments issued by one specific financial institution.

assistant: 礙於有關限制，該基金必須將資金悉數投入由一家特定金融機構發行的股票掛鉤投資工具，藉此跟蹤相關A股指數的表現。
user: Please translate the following sentence from English to Chinese: The UK Financial Services Authority has taken the initiative to require investment managers to disclose to their clients how much they are paying for execution and research services, i.e. to unbundle the commission.

assistant: 英國金融服務管理局已主動要求投資經理向客戶披露他們就執行交易及研究服務所收取的報酬，即提供佣金明細分類。
user: Please translate the following sentence from English to Chinese: Among the world’s 50 largest asset management institutions, 39 have a presence in Hong Kong, utilising Hong Kong’s platform to conduct their investment activities.

assistant: 同樣地，在世界上 50 大資產管理機構裏，有 39 家也在香港設立機構，使用香港的投資平臺進行投資活動。
user: Please translate the following sentence from English to Chinese: I strongly believe that regulators and market players must work together as a team if we are to help the industry to come out of this crisis in reasonable shape. We cannot do it alone.

assistant: 我堅信，要協助業界走出危機，監管機構必須與市場參與者攜手合作，單憑監管機構一方努力，是不可能做到的。
user: Please translate the following sentence from English to Chinese: Fund managers are provided with the flexibility in the design of their products as long as they meet our basic structural and operational requirements as mentioned above.

assistant: 只要基金的產品達到上述我們在結構和運作方面的基本規定，基金經理便可彈性地設計其產品。
user: Please translate the following sentence from English to Chinese: Proposals to give statutory backing to more important listing requirements – the Government and the SFC issued in January last year their consultation papers on the proposed amendments to the legislation to give statutory backing to major listing rules.

assistant: 有關賦予較重要的上市要求法定地位的建議－政府及證監會在去年 1 月就賦予重要的上市規則法定地位而建議作出的法例修訂，發表了諮詢文件。
user: Please translate the following sentence from English to Chinese: This step allows us to assess whether in the real world of fund management our proposals would work and have relevance.

assistant: 此舉讓我們可以評估在基金管理的現實世界裏，我們的建議是否可行和適用。
user: Please translate the following sentence from English to Chinese: What are the characteristics of today’s financial markets?

assistant: 當今的金融市場有哪些特徵？
user: Please translate the following sentence from English to Chinese: In the study conducted by IMD in 2005, when comparing it in the Asian context, Hong Kong (8.00 and 7.40) has fared ahead of Singapore (7.62 and 6.39) in terms of auditing standards and credibility of managers in the economy.

assistant: 在瑞士洛桑國際管理學院(IMD)於 2005 年進行的研究中，當與亞洲各國比較時，香港在經濟體系內的核數準則及管理人的可信任程度方面的評分(8.00 及 7.40)，均高於新加坡 (7.62 及 6.39)。
user: Please translate the following sentence from English to Chinese: The SFC has a key role to play in supporting Hong Kong’s continued development as a leading IFC.

assistant: 證監會在支持香港作爲一個首要國際金融中心的持續發展方面，擔當著關鍵的角色。
user: Please translate the following sentence from English to Chinese: But one thing that has not changed is the SFC's steadfast determination to keep our capital markets clean.

assistant: 還有一點沒有改變的是，證監會將堅定不移地維持資本市場的廉潔穩健。
user: Please translate the following sentence from English to Chinese: o Derivative warrants incorporate attractive features of products traded on the derivatives market but with the ease of trading in the cash market.

assistant: o 衍生權證具有在衍生工具市場買賣的產品的吸引之處，但卻可以方便地在現貨市場進行買賣。
user: Please translate the following sentence from English to Chinese: Second, Hong Kong will offer a platform for Mainland fund managers to compete against other international players, learn international standards and practices, understand the requirements and preferences of international investors and build international branding.

assistant: 第二，香港會爲內地的基金經理提供一個帄臺，讓他們與其他國際市場參與者一同競爭、學習國際準則、瞭解國際投資者的要求及喜好，以及在國際上鞏固自身的品牌。
user: Please translate the following sentence from English to Chinese: We are privileged that the Mainland Government has picked us as their financial market partner in this momentous journey of growth.

assistant: 我們很榮幸能在這段關鍵的增長期內，獲內地政府選擇爲金融市場的合作伙伴。