billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: During the first half of 2010, ODI reached US$22.4 billion, rising 55% as compared to the same period in 2009.

assistant: 在 2010 年上半年，內地的境外直接投資總額達 224 億美元，較 2009 年同期上升 55%。
user: Please translate the following sentence from English to Chinese: For the first time in our history, SFCauthorized funds could invest directly in the Mainland equity and interbank bond market in RMB.

assistant: 這是有史以來首次有證監會認可基金獲准以人民幣直接投資於內地的股票市場及銀行間債市。
user: Please translate the following sentence from English to Chinese: The above debacle is a sharp reminder of the high risks associated with the lending practices of margin brokers. These have to be improved.

assistant: 上述的崩盤事件正好提醒我們，保證金經紀行的貸款手法涉及高風險，有需要加以改善。
user: Please translate the following sentence from English to Chinese: In this respect, corporate directors have a major role to play.

assistant: 在這方面，企業的董事扮演著重要的角色。
user: Please translate the following sentence from English to Chinese: The Companies Ordinance only applies to companies incorporated in Hong Kong. It does not apply to companies incorporated outside Hong Kong, except in so far these companies must have a registered office in Hong Kong and must comply with the prospectus registration requirements when offering shares and debentures for sale or subscription to the public.

assistant: 《公司條例》只適用於在香港註冊成立的公司，並不適用於在香港以外的地方註冊成立的公司（但這些公司仍須在香港設有註冊辦事處，以及當向公衆發出要約邀請他們購買或認購股份及債權證時必須遵守有關招股章程的註冊規定）。
user: Please translate the following sentence from English to Chinese: Something we will return to in this conference.

assistant: 我們將會在是次大會稍後時間再討論這個課題。
user: Please translate the following sentence from English to Chinese: This department will soon be celebrating its 10th anniversary.

assistant: 這個部門快將成立十週年了。
user: Please translate the following sentence from English to Chinese: In regulation, we must balance market development with investor protection and market integrity.

assistant: 在監管方面，我們必須在促進市場發展與保障投資者和市場的廉潔穩健之間取得平衡。
user: Please translate the following sentence from English to Chinese: We need to take a measured, pragmatic and possibly more conservative approach to facilitate a successful roll out.

assistant: 爲促使計劃成功推行，我們需要採取循序漸進、務實及可能較爲保守的方針。
user: Please translate the following sentence from English to Chinese: There are both challenges and opportunities for Hong Kong’s capital markets as China integrates with the global economy and assumes an increasingly larger and more important role in global financial markets.

assistant: 隨著中國融入全球經濟體系及在全球金融市場上擔當日益重要的角色，將會爲香港的資本市場同時帶來挑戰和機遇。
user: Please translate the following sentence from English to Chinese: Speech Keynote speech at AIMA Policy and Regulatory Forum Alexa Lam Executive Director and Deputy Chief Executive Officer Policy, China and Investment Products Securities and Futures Commission 8 March 2012 Introduction Thank you for inviting me here.

assistant: 演講辭 另類投資管理協會政策及規管論壇主題演說 張灼華女士證券及期貨事務監察委員會政策、中國事務及投資產品部執行董事及副行政總裁 2012 年 3 月 8 日 引言感謝大會邀請我出席今天的論壇。
user: Please translate the following sentence from English to Chinese: However, we believe that it is important that the Hong Kong market embrace international standards. Many of our market participants are members of international groups.

assistant: 然而，我們認爲香港市場必須遵從國際標準。 很多香港的市場參與者都是國際性金融集團的成員。
user: Please translate the following sentence from English to Chinese: The metamorphosis that saw Hong Kong’s market develop from a domestic market into an international market began in 1993, when the first H-share company was listed in Hong Kong.

assistant: 香港由一個純粹的本地市場蛻變成國際市場，始於 1993 年內地首家 H 股公司來港上市的歷史時刻。
user: Please translate the following sentence from English to Chinese: The SFC has no jurisdiction on the Mainland;

assistant: 證監會在內地並無司法管轄權；
user: Please translate the following sentence from English to Chinese: Again, the story started in 2009.

assistant: 同樣地，這個故事可以從 2009 年說起。
user: Please translate the following sentence from English to Chinese: The classic liquidity problems of borrowers turned into insolvency problems, and the aftermath of the Asian Crisis necessitated massive corporate restructuring efforts.

assistant: 這正是借款人流動資金問題演變爲破產問題的典型例子，在亞洲金融危機過後，大規模的公司重組勢在必行。
user: Please translate the following sentence from English to Chinese: Nevertheless, there are concerns that financial markets have yet to be tested under more stressful conditions.

assistant: 然而，有人關注到金融巿場尚未受到更嚴峻的考驗。
user: Please translate the following sentence from English to Chinese: Some of the existing QDII funds do invest in ETFs tracking Hong Kong indices and in this way, Hong Kong ETFs are available to Mainland investors although they come at a higher cost.

assistant: 目前，部分 QDII 基金投資於追蹤香港指數的交易所買賣基金，因此，內地投資者亦可以透過這些 QDII 基金投資於香港交易所買賣基金，但所涉的費用較高。
user: Please translate the following sentence from English to Chinese: While the July measures have enabled the RMB deposits in Hong Kong to be put to use in new products in Hong Kong, the ultimate prize must be for this pool of offshore liquidity to be able to directly tap into the opportunities in the Mainland market.

assistant: 今年 7 月的措施使在香港的人民幣存款能投資於香港的新產品，然而該措施最終的目標必定是使在離岸流通的人民幣能夠直接分享到內地市場的投資機會。
user: Please translate the following sentence from English to Chinese: The number of licensed hedge fund firms has risen significantly too, by about 83% since 2007.

assistant: 自 2007 年起，持牌對沖基金公司的數目亦顯著增長近 83%。
user: Please translate the following sentence from English to Chinese: Hong Kong’s regulatory regime for offers of investment products is disclosure-based.

assistant: 香港監管投資產品銷售的制度以披露爲本。
user: Please translate the following sentence from English to Chinese: Last year, they issued sovereign bonds in Hong Kong twice, totaling RMB23 billion, and offered for the first time sovereign bonds of 30-year tenor.

assistant: 去年，財政部兩度於香港發行國債，總值達 230 億元人民幣，並首次發售三十年期國債。
user: Please translate the following sentence from English to Chinese: First, have regular dialogues with the CEO.

assistant: 首先，與行政總裁保持定期對話。
user: Please translate the following sentence from English to Chinese: Beginning 2000, the capital raising activities through Hong Kong continued but with increasing focus on privately-owned enterprises.

assistant: 由2000年開始，香港繼續爲內地籌集資金，但服務對象轉爲以民營企業爲主。
user: Please translate the following sentence from English to Chinese: 11. An interesting feature of the CDOs is that there are tranches with investment-grade rating, including AAA.

assistant: 11. CDO 的一個有趣的特點，是當中有部分具備投資級別（包括 AAA 級）。
user: Please translate the following sentence from English to Chinese: Closing remarks As you can appreciate, we are indeed blessed with the many opportunities that the opening of the Mainland’s economy and capital markets has bestowed on us.

assistant: 結語衆所周知，中國內地開放經濟體系及資本市場，的確爲我們帶來很多商機。
user: Please translate the following sentence from English to Chinese: We believe that the management of a sponsor firm, including its Principals, has the responsibility to ensure that there are sufficient resources, and proper supervision over the sponsor work carried out by the firm.

assistant: 我們相信保薦人商號的管理層，包括其主要人員，均有責任確保具備充足的資源及妥善地監督商號進行的保薦人工作。
user: Please translate the following sentence from English to Chinese: These issues, of sufficient disclosure, of investor education, of transparency and of the mitigation of risks inherent in the structure of a product, are not unique to ETFs, of course.

assistant: 上述所提及充分的披露、投資者教育、透明度及減低產品結構的內在風險這些事項，當然不是 ETF 獨有的。
user: Please translate the following sentence from English to Chinese: The internationally recognised benchmark for cross-border enforcement co-operation is the Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information, promulgated by the International Organization of Securities Commissions – known as the IOSCO MMOU. IOSCO, whose members regulate over 90% of the world’s securities markets, enshrined in the MMOU the fundamental prerequisites for a securities regulatory authority to be both fully equipped and able in all respects to engage in comprehensive and effective cross-border enforcement co-operation.

assistant: 適用於跨境執法合作的國際認可基準是國際證券事務監察委員會組織頒佈的《關於諮詢、合作及信息交流的多邊諒解備忘錄》－稱爲國際證監會組織《多邊諒解備忘錄》。 國際證監會組織(其成員規管全球超過 90%的證券市場) 在《多邊諒解備忘錄》中鄭重地載入一些基本的先決條件，要求證券監管機構須同時具備全面的配置及有能力在各個範疇內參與全面及有效的跨境執法合作。
user: Please translate the following sentence from English to Chinese: The City of London published a report on leading financial centres earlier this year.

assistant: 倫敦市法團(The City of London)於今年較早時發表了一項關於首要金融中心的報告。
user: Please translate the following sentence from English to Chinese: On balance, the development of the Hong Kong market depends upon our ability to rise to challenges and on our willingness as a community to pursue the course that we believe is in Hong Kong’s best interests.

assistant: 總括而言，香港市場的發展取決於我們克服挑戰的能力，以及我們作爲社會的一份子是否願意貫徹我們認爲最能符合香港利益的方針。
user: Please translate the following sentence from English to Chinese: The client was advised to invest a sum in excess of his personal net worth in a collective investment scheme.

assistant: 該客戶被建議將一筆超過其個人資產淨值的款額投資於一個集體投資計劃中。
user: Please translate the following sentence from English to Chinese: The regulated environment – and by this I mean the operators in markets – represent what I would call the regulatory ‘ice-berg’– 90% is invisible.

assistant: 受規管環境――我所指的是巿場上的營運者――即我所稱爲的規管“冰山”――有90%是看不見的。
user: Please translate the following sentence from English to Chinese: Most of them, being non SFC-authorised hedge funds, cannot be offered to the public.

assistant: 當中大部份是非證監會認可的對沖基金，即不能售予公衆。
user: Please translate the following sentence from English to Chinese: To facilitate product innovation, we adopt a disclosure-based approach in respect of a fund’s investment strategy and fee structure as these features should be subject to commercial decisions.

assistant: 爲利便產品的創新發展，我們在基金投資策略和收費結構方面，採納了披露爲本的方針，因爲投資策略和收費須取決於商業決定。
user: Please translate the following sentence from English to Chinese: widen investment opportunities for the enormous amount of savings and minimize risks through portfolio diversification;

assistant: 爲龐大的儲蓄存款提供更廣泛的投資機會，並透過分散投資組合來減低風險；
user: Please translate the following sentence from English to Chinese: In 2005, the turnover of Mainland-backed securities firms amounted to HK$760 billion, or around 4% of the total turnover of the Hong Kong market.

assistant: 2005 年全年，有內地背景的證券公司的成交量達 7 千 6 百億港幣，佔香港市場總額的 4%左右。
user: Please translate the following sentence from English to Chinese: With the SFO, dual filing was implemented for listed companies and those seeking listing, whereby the SFC shares the regulatory role for new listings with the Hong Kong Exchange and with new laws, to give statutory backing to the Listing Rules, the SFC will become the statutory regulator of corporate disclosure.

assistant: 隨著《證券及期貨條例》的實施，上市公司及其他尋求上市的公司均須遵從雙重存檔制度，透過該制度，證監會與香港交易所攜手監察所有新上市的公司，配合賦予《上市規則》內若干要求法定地位的新法例，證監會將可成爲監管企業信息披露的法定機構。
user: Please translate the following sentence from English to Chinese: Our open market and sound regulatory framework attracts money from investors globally. Over 60% of our assets under management come from overseas investors.

assistant: 香港開放的市場和健全的監管架構，吸引了全球投資者的資金，我們管理的資產中，超過 60%來自海外投資者。
user: Please translate the following sentence from English to Chinese: Best practice goes beyond the law, which only prescribes the minimum acceptable standard.

assistant: 最佳常規超越法例所涵蓋的範圍； 法例所訂的只不過是可以接受的最低標準。
user: Please translate the following sentence from English to Chinese: This captured almost all forms of discussion on trading performance.

assistant: 這項要求涵蓋差不多所有關於業績表現的任何形式的論述。
user: Please translate the following sentence from English to Chinese: Right now, the issuer is working against the clock to finalise their part of the investor education programme so that we can go forward.

assistant: 發行人現正努力不懈地工作，務求準備好他們負責的投資者教育計劃，以便產品能夠順利推出。
user: Please translate the following sentence from English to Chinese: In line with international best practices

assistant: 與國際最佳作業標準接軌
user: Please translate the following sentence from English to Chinese: Corporate scandals and failures are an inevitable fact of life and happen in all markets, be it London, New York or Hong Kong.

assistant: 企業醜聞及倒閉事件是無可避免的事情，並在所有巿場均會發生，不論是在倫敦、紐約或香港亦如是。
user: Please translate the following sentence from English to Chinese: i) If used properly, derivative warrants can play a useful role in the portfolio of our investors. They allow investors to use their capital more efficiently, to hedge their risk exposures from other investments and to diversify and strengthen their portfolio.

assistant: i) 如果運用得宜，衍生權證可以在投資者的投資組合中發揮有用的功能，讓投資者可更有效率地運用資金、對沖其他投資項目的風險，以及分散和強化投資組合。
user: Please translate the following sentence from English to Chinese: HKSI Luncheon Speech by Mrs Alexa Lam Executive Director, SFC 10 October 2006 Good afternoon. Thank you for inviting me to share some of my thoughts on a very current topic with all of you.

assistant: 香港證券專業學會證監會執行董事張灼華女士的午餐演說 2006 年 10 月 10 日 午安。 多謝主辦單位邀請我就一個目前非常熱門的課題與各位分享我的看法。
user: Please translate the following sentence from English to Chinese: Even more suspiciously, some of the investors may have been acting as nominees for persons unknown.

assistant: 更可疑的是，部分投資者可能一直都在爲不知名人士以代名人身分行事。
user: Please translate the following sentence from English to Chinese: So far, outside the Mainland of China, only banks in Hong Kong (and on a much smaller scale, Macau) have been allowed to operate this programme.

assistant: 就中國內地以外的地區而言，至今只有在香港及澳門的銀行獲准推行上述計劃，而澳門的實施規模遠遠不及香港。
user: Please translate the following sentence from English to Chinese: o Publishing new marketing guidelines;

assistant: o 頒佈新的推銷指引；
user: Please translate the following sentence from English to Chinese: We need to ensure that our platform is robust and attractive enough and there is sufficient expertise here for us to capture those opportunities.

assistant: 我們必須確保香港這個平臺非常穩健和具吸引力，以及我們擁有足以把握這些機遇的專業知識。
user: Please translate the following sentence from English to Chinese: Further opening of the RQFII quota came very quickly two months later, when Mainland authorities announced in April 2012 an expansion of the RQFII quota by RMB50 billion for Ashare ETFs to be authorized by us and listed in Hong Kong.

assistant: 兩個月後，RQFII 計劃的投資額度很快便進一步擴大，內地當局在 2012 年 4 月公佈，增加 500 億元人民幣 RQFII 投資額度給證監會認可並在香港上市的 A 股 ETF。
user: Please translate the following sentence from English to Chinese: Without proper disclosure of these matters:

assistant: 在沒有適當地披露這些事宜的情況下：
user: Please translate the following sentence from English to Chinese: As a result, Hong Kong is the first destination for Mainland insurance funds wishing to invest overseas.

assistant: 因此，香港將成爲有意投資海外的內地保險資金的第一個目的地。
user: Please translate the following sentence from English to Chinese: These cross-border activities will bring along substantial business opportunities from providing investment and asset management services to Mainland investors.

assistant: 這些跨境活動將會爲內地投資者提供投資服務及資產管理服務，從而締造大量商機。
user: Please translate the following sentence from English to Chinese: Although the studies and rankings generally indicated that Hong Kong is a place of good corporate governance, we cannot be complacent with our ratings.

assistant: 雖然該些研究及評級普遍顯示香港是一個具有良好企業管治的地方，但我們不應因爲我們的評級而感到自滿。
user: Please translate the following sentence from English to Chinese: b) Growing interests in ETFs We see growing interest in fund houses in launching more ETFs in HK.

assistant: b) 對交易所買賣基金的興趣日益增加 我們留意到愈來愈多基金公司有興趣在香港推出交易所買賣基金。
user: Please translate the following sentence from English to Chinese: The days of quietly trading and making money in your garage away from the prying eye of the public are gone.

assistant: 昔日在遠離公衆窺探的目光下、靜悄悄地在小房間內進行交易賺大錢的日子已不復返。
user: Please translate the following sentence from English to Chinese: The global response to this global problem was the creation of the new financial architecture. The Financial Stability Forum (FSF) was established in 1999.

assistant: 要對付這項關乎全球的問題，需要在全球層面上作出回應，即建構一套嶄新的金融架構，於是，有關方面在 1999 年設立金融穩定論壇。
user: Please translate the following sentence from English to Chinese: Internationalisation of the RMB is a very clear national strategy for China.

assistant: 人民幣國際化是中國非常明確的國家政策。
user: Please translate the following sentence from English to Chinese: That gave me the inspiration – if our funds could be sold directly on the Mainland, and theirs in Hong Kong, we could combine our strengths and establish a very sizeable platform.

assistant: 這項安排爲我帶來了靈感－如果內地與香港兩地的基金能夠直接在對方的市場出售，我們便可以集結力量，構建一個極具規模的帄臺。
user: Please translate the following sentence from English to Chinese: There are currently 52 approved QFII with a total quota of US$9 billion for investing in the Mainland securities market.

assistant: 目前共有 52 家獲覈准的 QFII，獲准投資於內地證券市場的總投資額度達 90 億美元。
user: Please translate the following sentence from English to Chinese: The CDOs are sometimes repackaged into another CDO backed or collateralised by the earlier CDO, and this is known as CDO squared.

assistant: 這些 CDO 有時候會被重新包裝成爲另一種以先前的 CDO 作爲保證或抵押品的 CDO，而這稱爲 CDO 的平方。
user: Please translate the following sentence from English to Chinese: But there is also some evidence that our efforts are paying off – those aware of SFC’s education role consistently scored higher than those who were not.

assistant: 然而，調查亦顯示我們的教育工作是有成效的–知道證監會具有教育投資者職責的受訪者答對問題的數目，較那些不知道的受訪者爲高。
user: Please translate the following sentence from English to Chinese: 26. (Slide 6) There are three categories of licences issued by the EAA, including salesperson’s licence, estate agent’s licence (individual) and estate agent’s licence (company).

assistant: 26. ( 附圖六 ) 在牌照的分類上，地產代理監管局批出三類牌照，包 括營業員牌照、地產代理(個人)牌照以及地產代理(公司)牌照。
user: Please translate the following sentence from English to Chinese: We hope to find the most practical solution, one that would deliver results with the least disruption to the industry.

assistant: 我們希望能找到最實用的方案，一個能取得成效而又對業界造成最少干擾的方案。
user: Please translate the following sentence from English to Chinese: The RMB pool in Hong Kong must continue to grow, and we must promote wider use of the currency by the international community.

assistant: 香港的人民幣資金池必須持續增長，而我們必須促使世界各地更廣泛地使用人民幣。
user: Please translate the following sentence from English to Chinese: With its high saving rate, low market penetration and rapid economic growth, we are all keenly aware of the Mainland market’s enormous potential.

assistant: 鑑於內地的儲蓄率甚高，市場滲透率卻比較低，加上經濟增長迅速，我們認爲，內地市場蘊含巨大潛力。
user: Please translate the following sentence from English to Chinese: I will also discuss how firms should prepare for it.

assistant: 另外，我亦會講解公司應如何爲新措施作好準備。
user: Please translate the following sentence from English to Chinese: To this end, we seek to build a critical mass of capital and talents from all over the world and establish close co-operation with Mainland and overseas markets and regulators.

assistant: 總結我們一直的信念就是以胸懷祖國、面向世界的原則，匯聚全球的資金與人才，與內地和境外市場及監管機構緊密合作。
user: Please translate the following sentence from English to Chinese: The aim is to ensure that there is an effective regulatory handle over the qualified funds and their managers.

assistant: 這些要求的目的是要確保對合資格基金及其管理者進行有效監管。
user: Please translate the following sentence from English to Chinese: The market practices and the legal and regulatory systems of the Mainland and Hong Kong are clearly very different.

assistant: 不論是市場作業模式，還是法律及監管制度，內地與香港顯然有著天壤之別。
user: Please translate the following sentence from English to Chinese: While across the global markets there has been a slew of new legislation and rules since the 2008 financial crisis aimed at bringing hedge fund managers under the oversight of regulators, we in Hong Kong have always regulated hedge fund managers who operate in our market.

assistant: 自 2008 年爆發金融危機後，環球市場開始制訂一系列的法例及規則，旨在將對沖基金經理納入監管，但在香港經營業務的對沖基金經理一直都受到監管。
user: Please translate the following sentence from English to Chinese: Since past performance is not a reliable indicator of future performance, you should always be careful about over-reliance on back-testing analysis.

assistant: 往績並非預測未來表現的可靠指標，所以大家不應過度依賴回溯測試分析。
user: Please translate the following sentence from English to Chinese: Make no mistake, should we fail to play our role as we should, there are many who would be eager and willing to take over.

assistant: 我們若不能做好本分，其他市場很樂意接替香港，搶佔商機。
user: Please translate the following sentence from English to Chinese: Portfolio insurance had become the strategy of choice to protect the gains made in the run up of the market to 1987.

assistant: 在 1987 年以前，市場上普遍選用投資組合保險作爲保障收益的策略。
user: Please translate the following sentence from English to Chinese: CDO holders, such as hedge funds, were unable to offload their positions unless they were willing to accept very depressed prices.

assistant: 像對沖基金一類的 CDO 持有人，除非願意接受被壓得極低的價格，否則根本無法卸倉。
user: Please translate the following sentence from English to Chinese: At the same time, many have cautioned against killing markets with too much regulation.

assistant: 另一方面，不少人也預警，過度監管會扼殺市場發展空間。
user: Please translate the following sentence from English to Chinese: During this period we are not allowed to comment publicly on the case even to complainants.

assistant: 在這段期間，我們不能公開評論個案，甚至不能向投訴人就個案作出評論。
user: Please translate the following sentence from English to Chinese: Last year, we concluded our largest case to date involving an investment adviser over allegations of mis-selling of funds and concerns about the sale of geared products.

assistant: 去年，我們完成歷來最大宗的牽涉一家投資顧問公司的個案，當中涉及以不當方式銷售基金的指控及對槓桿產品的售賣的關注。
user: Please translate the following sentence from English to Chinese: Since then, we have helped Hshare and red chip companies and minying enterprises raised a total of HK$2,739 billion in the Hong Kong market, HK$1,486 billion of which was raised through initial public offerings (IPOs) and HK$1,253 billion of which was raised through secondary offerings.

assistant: 自此之後，香港協助了不少 H 股、紅籌及民營公司來港集資，總集資額達 27,390 億港元，當中 14,860 億港元透過首次公開招股籌得，另外 12,530 億港元則通過二級發售籌集得來。
user: Please translate the following sentence from English to Chinese: For most products, having us in the approval chain simply adds another stage in the process of getting a product to market.

assistant: 對大部份產品來說，在產品推出市場前須先獲得本會的批准會增添多一重手續。
user: Please translate the following sentence from English to Chinese: These measures are still effective today.

assistant: 這些措施至今仍然實行。
user: Please translate the following sentence from English to Chinese: The responses indicate broad support for the introduction of Key Facts Statements.

assistant: 從各方的回應可見，引入產品資料概要的建議得到廣泛支持。
user: Please translate the following sentence from English to Chinese: On the other hand, Hong Kong ETFs cross-listed in Taiwan allow Taiwan investors easier access to the increasingly active securities markets in the Mainland and Hong Kong. This signifies further progress in truly linking up the securities markets in Mainland and Taiwan with Hong Kong serving as the bridge, as well as a first step toward the gradual integration of the financial markets across the straits.

assistant: 另一方面，通過在臺上市的香港 ETF，臺灣投資者可以更方便地參與內地和香港日益蓬勃的證券市場，這也標誌著內地與臺灣的證券市場通過香港這道橋樑得以真正連接起來，並正式邁出了兩岸金融市場逐漸融合的第一步，也標誌著臺灣與內地就此又走近了一步。
user: Please translate the following sentence from English to Chinese: The authorised hedge fund market is very small, with total AUM of authorized hedge funds amounting to only US$1.48 billion as at the end of June 2006.

assistant: 認可對沖基金市場的規模非常小，在 2006 年 6 月底，認可對沖基金的管理資產總額僅爲 14 億 8,000 萬美元。
user: Please translate the following sentence from English to Chinese: More serious forms of such offences would be referred to the Commercial Crime Bureau with a view to prosecution on indictment by the Department of Justice.

assistant: 案情較爲嚴重的操縱市場個案會轉介商業罪案調查科，以便由律政司循公訴程序提出檢控。
user: Please translate the following sentence from English to Chinese: However, during our soft consultation exercise, we found that quite a few industry participants were not aware that they were subject to the SFC’s existing disciplinary powers.

assistant: 但是，我們在進行非正式諮詢期間，發現部分業界人士並未意識到，證監會現時有權對他們作出紀律懲處。
user: Please translate the following sentence from English to Chinese: Internationally, we also connect with Fintech firms and their regulators overseas through Fintech collaboration agreements.

assistant: 在國際方面，我們亦透過訂立金融科技合作協議，聯繫海外金融科技公司及其監管機構。
user: Please translate the following sentence from English to Chinese: Under this arrangement, Mainland brokers are establishing presence in HK.

assistant: 內地經紀行正根據這項安排於香港設立營運據點。