billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: Although we apply VaR measures to market risk positions arising in nontrading books (generally those carried at amortized cost), we do not backtest the results because the basis of risk measurement is not consistent with the basis of revenue recognition.

assistant: 儘管我們對於因非營業賬（一般是按攤銷成本列賬）而產生的市場風險狀況採用風險值計算方法，但我們並無追溯測試業績。 原因是風險計算的基準與收益確認的基準並不一致。
user: Please translate the following sentence from English to Chinese: Emerging Markets – Liquidity Risk Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Sub-Advisor may experience more difficulty in purchasing or selling holdings of securities than it would in a more developed market.

assistant: 新興市場－流通性風險若干新興市場的若干股票市場或外匯市場欠缺流通性及效率，可意指代理顧問在購買或出售證券持股時所經歷的困難可能不時大於在發展較成熟的市場所經歷者。
user: Please translate the following sentence from English to Chinese: or (v) sell your Notes to recoup the amount of the unpaid purchase monies or other sale expenses, duties and interest costs;

assistant: 或 (v) 出售　閣下的債券以補償未付的購買價或其他出售開支、稅項及利息成本；
user: Please translate the following sentence from English to Chinese: It is expected that the first Dealing Day will be 24 May 2012.

assistant: 預期首個交易日將爲 2012 年 5 月 24 日。
user: Please translate the following sentence from English to Chinese: According to Circular 81 and Circular 127, the Sub-Fund is exempted from VAT on A share trading activities through Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect.

assistant: 根據81號通知及127號通知，本分支基金就透過滬港通及╱或深港通買賣A股的活動獲寬免增值稅。
user: Please translate the following sentence from English to Chinese: In addition, performance fees may be paid on unrealised gains which may never be realised by a Fund.

assistant: 此外，可能須就未變現之收益支付表現費，而基金未能變現該等收益。
user: Please translate the following sentence from English to Chinese: As and when issued, the Notes of each Series are to be secured on certain assets of the Issuer applicable to the relevant Series only.

assistant: 於發行時，各系列的債券將僅以發行人適用於有關係列的若干資產作抵押。
user: Please translate the following sentence from English to Chinese: The chart does not reflect the impact of sales charges you may pay when purchasing or redeeming Shares, or taxes you may incur on these transactions.

assistant: 下圖並不反映購買或贖回股份時可能需要支付的銷售費，或因此等交易產生的稅務影響。
user: Please translate the following sentence from English to Chinese: The administrative agent will monitor compliance with the aforementioned provisions for all subscription and redemption orders they receive from sales agents or distributors in countries in which such sales agents or distributors are not subject to requirements equivalent to Luxembourg or EU law on fighting money laundering and terrorist financing.

assistant: 如銷售代理或分銷人位於無需遵守相等於盧森堡或歐盟關於防止洗黑錢活動及恐怖分子籌資活動法律規定的國家，行政代理機構將監督銷售代理或分銷人收取的一切認購和贖回指示均已遵守上述規定。
user: Please translate the following sentence from English to Chinese: 2. HONG KONG Under the existing Hong Kong law and practice, for so long as the Company and such Sub-Funds are authorised by the SFC pursuant to Section 104 of the SFO, the Sub-Funds are exempt from Hong Kong profits tax or other withholding taxes on dividends received, on interest from any source and on profits realized on the sale of securities.

assistant: 2. 香港 根據香港現行法例及慣例，只要本公司及該等附屬基金仍根據證券及期貨條例第104條而獲證監會認可，有關附屬基金就所收取股息、任何來源的利息及出售證券所獲溢利均獲豁免香港利得稅或其他預扣稅。
user: Please translate the following sentence from English to Chinese: (4) Any revision in the Fund Contract that does not relate to the relationship between the rights and obligations of the Parties to the Fund Contract;

assistant: (4) 基金合同的修改不涉及本基金合同當事人權利義務關係；
user: Please translate the following sentence from English to Chinese: The awards granted under this program are fully at risk, and the potential payout can vary depending on Merrill Lynch’s financial performance against specified return on average common stockholders’ equity (“ROE”) targets. One-third of the Participation Units shall convert into Restricted Shares on each of January 31, 2007, January 31, 2008 and January 31, 2009 (each a “Conversion Date”), based on ROE determined for the most recently completed fiscal year.

assistant: 根據該計劃授出的獎勵須承受全面風險，潛在的付款額視Merrill Lynch就特定的平均普通股東權益回報（「權益回報」）目標的財務表現而定。 該等參與單位將於二零零七年一月三十一日、二零零八年一月三十一日及二零零九年一月三十一日（各爲「轉換日」）分別各有三分之一將轉換爲受限制股份，而轉換乃根據就最近期完結的財政年度而釐定的權益回報。
user: Please translate the following sentence from English to Chinese: The Net Asset Value of a fund invested in debt instruments will change in response to fluctuations in interest rates, perceived credit quality of the issuer, market liquidity and also currency exchange rates (when the currency of the investment is other than the base currency of the fund holding that investment).

assistant: 對投資於債務工具的基金來說，其資產淨值將因利率、發行機構的已知信貸質素、市場流動性及貨幣匯率 (若基金所持投資的結算貨幣有別於基金的基本貨幣) 波動而改變。
user: Please translate the following sentence from English to Chinese: (xiii) Each Trust may not invest in any type of real estate (including buildings) or interests in real estate (including options or rights but excluding shares in real estate companies and interests in real estate investment trusts which are permissible under Schedule 1 of the Regulation).

assistant: (xiii) 各項信託基金不得投資於任何類別之房地產（包括樓宇）或房地產權益（包括期權或權利，但不包括房地產公司的股份及根據規例附表一許可之房地產投資信託基金之權益）。
user: Please translate the following sentence from English to Chinese: There can be no guarantee that new tax laws, regulations and practice in the PRC specifically relating to the Stock Connect and/or direct investments in CIBM may be promulgated in the future.

assistant: 概不能保證中國日後可能會頒佈特別與互聯互通機制及╱或在中國銀行間債券市場的直接投資有關的新稅務法律、法規及慣例。
user: Please translate the following sentence from English to Chinese: For the purposes of this provision:

assistant: 就本條文而言：
user: Please translate the following sentence from English to Chinese: All transactions will be done with best execution.

assistant: 所有交易均以最佳的方式執行。
user: Please translate the following sentence from English to Chinese: (vi) Subject to (v), each Fund may invest all of its assets in Government and other public securities in at least six different issues.

assistant: (vi) 在(v)項限制下，各基金可將其全部資產投資於最少六次不同發行之政府及其他公共證券。
user: Please translate the following sentence from English to Chinese: The resulting lack of liquidity may adversely affect the price at which the securities held by a sub-fund can be sold.

assistant: 所產生的流動性缺乏可能會對子基金所持證券的出售價格構成不利影響。
user: Please translate the following sentence from English to Chinese: Share %

assistant: 份額%
user: Please translate the following sentence from English to Chinese: No initial charge is payable on these Shares.

assistant: 投資者毋須就上述股份支付認購費。
user: Please translate the following sentence from English to Chinese: In case where an investor invests in the Fund through an intermediary investing in the Fund in Its own name but on behalf of the investor, it may not always be possible for the investor to exercise certain Shareholder rights directly against the Fund.

assistant: 若投資者透過中介商投資於本基金，而該中介商是以其本身的名義代表投資者作出投資，投資者也許未能直接向本基金行使若干股東權利。
user: Please translate the following sentence from English to Chinese: The Scheme is not listed on any stock exchange.

assistant: 本計劃並無於任何證券交易所上市。
user: Please translate the following sentence from English to Chinese: In both cases, the finalised terms of the Credit Suisse Callable Basket ELIs will be set out in the relevant final term sheet which will be sent to your distributor on or before the second business day after the trade date.

assistant: 在上述兩種情況下，瑞信可贖回籃子股票掛鉤投資的最終條款將於有關最終條款表載列，而有關最終條款表將於交易日期後第二個營業日或之前寄發予閣下的分銷商。
user: Please translate the following sentence from English to Chinese: Accounting for Derivatives and Hedging Activities SFAS No. 133, as amended, establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts (“embedded derivatives”) and for hedging activities. SFAS No. 133 requires that an entity recognize all derivatives as either assets or liabilities in the Consolidated Balance Sheets and measure those instruments at fair value.

assistant: 衍生工具及對沖活動的會計處理 SFAS第 133號（經修訂）設立衍生工具的會計處理及呈報準則，包括若干附帶於其他合約的衍生工具（「附帶衍生工具」）及對沖活動。 SFAS第 133號規定實體須於綜合資產負債表將所有衍生工具確認爲資產或負債，並按公平值計算該等工具。
user: Please translate the following sentence from English to Chinese: The Sub-Fund may, on an ancillary basis, invest in other emerging market and developed market debt securities (including but not limited to US government securities).

assistant: 作爲輔助投資，子基金可能投資於其他新興市場及已發展市場的債務證券（包括但不限於美國政府證券）。
user: Please translate the following sentence from English to Chinese: Operating expenses

assistant: Operating income
user: Please translate the following sentence from English to Chinese: Details of payments by telegraphic transfer are set out in the application form.

assistant: 電匯付款的詳情，已載於申請表格。
user: Please translate the following sentence from English to Chinese: If a counterparty becomes bankrupt or otherwise fails to perform its obligations due to financial difficulties, the sub-fund may experience significant delays in obtaining any recovery in bankruptcy or other reorganisation proceeding.

assistant: 如交易對手破產或因財政困難不能履行其義務，該子基金可能在取得破產或其他重組法律程序的追討上面對嚴重阻礙。
user: Please translate the following sentence from English to Chinese: the points noted above are only intended to explain the key investment features of the Notes.

assistant: 上文所述的要點擬僅用作解釋票據的主要投資特色。
user: Please translate the following sentence from English to Chinese: Loans that are determined to be individually significant will be individually assessed for impairment, except when volumes of defaults and losses are sufficient to justify treatment under a collective methodology. Loans considered as individually significant are typically to corporate and commercial customers, are for larger amounts and are managed on an individual basis.

assistant: 個別重大的貸款將予個別評估減值，惟按拖欠及虧損數額而有充分理由使用綜合評估法處理者除外。 被視爲個別重大之貸款一般爲企業及工商客戶之貸款，相關數額一般較大，並按個別情況管理。
user: Please translate the following sentence from English to Chinese: Such contribution may either be paid from the self-employed person’s own funds or relevant income or such other manner as the Trustee may agree and prescribe from time to time at its discretion.

assistant: 此筆供款可以自僱人士的本身資金或有關入息或受託人同意及不時酌情訂定的其他方式支付。
user: Please translate the following sentence from English to Chinese: Office address:

assistant: 辦公地址：
user: Please translate the following sentence from English to Chinese: The trust sets out the order of priority in which the trustee will apply moneys received by it in connection with the realisation or enforcement of the series assets.

assistant: 信託載列受託人在日後運用從變現或執行系列資產而收取之款項所依據之優先次序。
user: Please translate the following sentence from English to Chinese: A mortgage-backed security is normally issued in a number of different classes with varying characteristics depending on the riskiness of the underlying mortgages assessed by reference to their credit quality and term and can be issued at a fixed or a floating rate of securities.

assistant: 一項按揭抵押證券通常視乎相關按揭的風險而發行多個特點不同的類別，有關風險根據證券的信貸質素及年期作出評估，並可以定息或浮息證券的形式發行。
user: Please translate the following sentence from English to Chinese: 11. DOCUMENTS AVAILABLE FOR INSPECTION The following documents are available for inspection free of charge during usual business hours at the registered office of the Hong Kong Representative:

assistant: 11. 備查文件 下列文件可在一般辦公時間內，於香港代表註冊辦事處免費查閱：
user: Please translate the following sentence from English to Chinese: All other assets, where practice allows, may be valued in the same manner.

assistant: 在市場慣例准許下，所有其他資產可採用相同的方式進行估值。
user: Please translate the following sentence from English to Chinese: The Financial Services Development Act 2001 has been repealed and replaced by the Financial Services Act 2007 (FSA).

assistant: 《二零零一年金融服務發展法》已廢除，並由《二零零七年金融服務法》(「金融服務法」) 所取代。
user: Please translate the following sentence from English to Chinese: There are no restrictions on maturity provided the collateral is sufficiently liquid.

assistant: 到期日並無限制，惟抵押品須具備充分的流動性。
user: Please translate the following sentence from English to Chinese: and  Any sub-fund, (i) whose securities are listed or traded on a stock exchange and (ii) whose exclusive object is to replicate the performance of one or more indices.

assistant: 及 任何附屬基金（i）其證券於一家交易所買賣或交易，及（ii）其唯一宗旨爲複製一項或多項指數表現。
user: Please translate the following sentence from English to Chinese: Whilst the Trustee is supported by members of the said shareholder group, no single member of the group may exercise management control over the Trustee.

assistant: 雖然受託人獲有關股東集團成員支持，但股東集團無單一成員對受託人有管理控制權。
user: Please translate the following sentence from English to Chinese: If the offering documents specify this Base Disclosure Document as a prospectus for the purposes of the Companies Ordinance, a summary of the exemptions and of the conditions to which the certificate of exemption issued by the Securities and Futures Commission is subject will be on display as specified in the offering documents and may be found on the website of the Securities and Futures Commission:

assistant: 倘發售文件註明就公司條例而言本基本披露文件爲一份章程，證券及期貨事務監察委員會所發出之豁免以及豁免證書所須遵守條件之概要將如發售文件內所註明般可供查閱，並且登載於證券及期貨事務監察委員會網址：
user: Please translate the following sentence from English to Chinese: A Fund’s ability to maintain positions in Mortgagebacked securities is affected by the reductions in the principal amount of such securities resulting from prepayments.

assistant: 若提前還款導致證券本金額減少，則基金維持在按揭擔保證券部位的能力將受到影響。
user: Please translate the following sentence from English to Chinese: The contractual amounts of these commitments represent the amounts at risk should the contract be fully drawn upon, the client defaults, and the value of the existing collateral becomes worthless.

assistant: 該等承擔的合約金額代表當訂立的合約被全部利用、客戶違約及現有抵押品的價值完全消失時的風險金額。
user: Please translate the following sentence from English to Chinese: JPMorgan Asset Management (UK) Limited, a company incorporated in England and Wales, is responsible for the currency management of the Currency Hedged Classes.

assistant: JPMorgan Asset Management (UK) Limited，爲一家於英格蘭及威爾斯註冊成立之公司，負責貨幣對沖類別之貨幣管理。
user: Please translate the following sentence from English to Chinese: Liquidation proceeds not claimed by Shareholders at close of liquidation of a Fund will be deposited at the Caisse de Consignation in Luxembourg and shall be forfeited after thirty years.

assistant: 股東於基金清盤結束時並未申索的清盤所得款項，將存於盧森堡信託局（Caisse de Consignation），並將於三十年後沒收。
user: Please translate the following sentence from English to Chinese: The China interbank bond market is in a stage of development and internationalisation. Market volatility and potential lack of liquidity due to low trading volume may result in prices of certain debt securities traded on such a market to fluctuate significantly.

assistant: 中國銀行間債券市場正處於發展及國際化的階段。 由於成交量偏低而引致市場波動及潛在缺乏流動性，於該等市場買賣的某些債務證券的價格亦會因此而大幅波動。
user: Please translate the following sentence from English to Chinese: Such investments (if any) are made based on the professional judgment of the Investment Manager whose reasons for investment may include a favourable/positive outlook on the sovereign issuer, potential for rating upgrades and the expected changes in the value of such investments due to rating changes.

assistant: 該等投資（如有）是依據投資經理的專業判斷作出，其投資推斷包括對主權發行機構的前景持樂觀／積極態度，預期信貸評級上調及因評級調整而對該等投資價值的預期走勢。
user: Please translate the following sentence from English to Chinese: Further information on PRC tax can be found in section 5.7.

assistant: 有關中國稅務的進一步資料見第5.7節。
user: Please translate the following sentence from English to Chinese: Investment policy A minimum of 70% of the Sub-Fund’s net asset value will be invested in a diversified portfolio of fixed income securities issued or guaranteed by government, government agencies or supranational bodies in Asia, or issued by companies which are domiciled in, based in or carry out the larger part of their business in Asia.

assistant: 投資政策 附屬基金將其資產淨值最少70%投資於一個由亞洲政府、政府機構或超國家組織，或由在亞洲註冊成立或在亞洲經營其大部分業務的公司所發行或擔保的固定收益證券組成的多元化投資組合。
user: Please translate the following sentence from English to Chinese: Our Single AC Investments will be denominated and settled in Hong Kong dollars, United States dollars or other non-restricted and freely convertible currencies or Renminbi as specified in the relevant term sheet.

assistant: 本公司的單一可自動贖回投資將以有關條款表內列明的港元、美元或其他非受限制及可自由兌換的貨幣或人民幣計值及結算。
user: Please translate the following sentence from English to Chinese: a. created or organized under US Law;

assistant: a. 根據美國法律創建或組成；
user: Please translate the following sentence from English to Chinese: Texas Instruments has manufacturing or sales operations in countries around the world.

assistant: Texas Instruments於全球多個國家擁有製造或銷售業務。
user: Please translate the following sentence from English to Chinese: Observation Period Start Date (starts from but excludes)#:

assistant: 觀察期開始日期（自該日起計但不包括該日）#：
user: Please translate the following sentence from English to Chinese: Further, the vote by the United Kingdom to exit the EU may increase the likelihood of similar referenda in other member countries of the EU, which could result in additional departures.

assistant: 再者，英國表決脫歐可能增加歐盟其他成員國舉行同類公投的可能性，而這可導致更多成員國離開。
user: Please translate the following sentence from English to Chinese: (i) the third business day after the day you submit your written notice for your purchase order or (ii) one business day after the issue date.

assistant: (i) 閣下遞交閣下的認購指令的書面通知後第三個營業日； 或 (ii) 發行日後一個營業日。
user: Please translate the following sentence from English to Chinese: The Company and Management Company seek to prevent patterns of disruptive purchases, redemptions or exchanges of shares.

assistant: 本公司和管理公司務求防止破壞性認購、贖回或交換股份的行爲模式。
user: Please translate the following sentence from English to Chinese: If you require further information, please do not hesitate to contact your investment consultant, call our Investor Hotline at +852 2805 0111 or contact the Hong Kong Representative at 17/F, Chater House, 8 Connaught Road Central, Hong Kong.

assistant: 如閣下需要進一步資料，請聯絡閣下的投資顧問或致電我們的投資者熱線 +852 2805 0111或聯絡香港代表（香港中環幹諾道中8號遮打大廈17樓）。
user: Please translate the following sentence from English to Chinese: Accordingly, this Explanatory Memorandum or the Product Key Facts Statement may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is not authorised.

assistant: 因此，在任何提呈發售或招攬認購不獲認可的司法權區或情況下，本基金說明書或產品資料概要不得用作該等提呈發售或招攬認購目的。
user: Please translate the following sentence from English to Chinese: Expenses exceeding the relevant percentages and expenses not covered by these fees, will be borne by the Management Company.

assistant: 超出相關百分比的開支及並不計入此等費用的開支，將由管理公司承擔。
user: Please translate the following sentence from English to Chinese: As a result, investors may be disadvantaged or advantaged, depending on the final outcome of any tax liability.

assistant: 因此，投資者可能處於不利或有利的狀況，視乎任何稅務責任的最後評稅結果而定。
user: Please translate the following sentence from English to Chinese: http://www.hkex.com.hk/eng/csm/index.htm.

assistant: http://www.hkex.com.hk/chi/csm/index.htm。
user: Please translate the following sentence from English to Chinese: For avoidance of doubt, no interest will be payable on such amounts prior to their return to such persons.

assistant: 爲免引起疑問，該等款項在退回申請人之前的利息將不予支付。
user: Please translate the following sentence from English to Chinese: In both cases, the exact value of certain commercial terms such as the strike price, the call strike price, the barrier price and, if applicable, the lower barrier price and the airbag price (each of which is expressed as a specified percentage of the initial fixing price of the reference asset) will only be determined after you have placed your order and are committed to purchase the Single Callable ELIs (subject to the circumstances set out above).

assistant: 在上述(i) 及 (ii) 的情況下，若干商業條款的實際價值，如行使價、贖回行使價、定界價及（如適用）下定界價及氣墊價（各以參考資產的初步釐定價的指定百分比表示）僅會於　閣下遞交　閣下的指令及承諾購買單一可贖回股票掛鉤投資（受上文所述情況所規限）後始予釐定。
user: Please translate the following sentence from English to Chinese: Up to 25% of the portfolio can consist of investments other than special situations stocks and smaller growth companies.

assistant: 特別機會股份及小型增長公司以外的投資項目，可佔投資組合最多不超過25%。
user: Please translate the following sentence from English to Chinese: As at 19 March 2018 , the top 10 largest constituent securities of the Index were:

assistant: 截至二零一八年三月十九日，該指數的十大成份證券如下：
user: Please translate the following sentence from English to Chinese: 3. In the event that any Transferable Securities or/and Money Market Instruments are not listed or dealt in on any stock exchange or any other Regulated Market operating regularly, recognised and open to the public, as defined by the laws and regulations in force, the value of such assets shall be assessed on the basis of their foreseeable sales price estimated prudently and in good faith.

assistant: 3 倘任何可轉讓證券及／或貨幣市場工具並無於任何證券交易所或任何其他定期經營、獲認可並對公衆開放的受規管市場（定義見生效法律及法規）上市或買賣，該等資產的價值將根據估計的可預見銷售價格審慎及誠信地予以評估。
user: Please translate the following sentence from English to Chinese: Investments will not be required to meet minimum credit rating standards. Not all securities will be rated for creditworthiness by an internationally recognised rating agency.

assistant: 有關投資毋須符合最低信貸評級標準，並非所有證券均獲國際認可評級機構給予信貸評級。
user: Please translate the following sentence from English to Chinese: Risks of Investing in the Fund The risks listed below are the main risks of the Fund.

assistant: 投資於本基金的風險下列風險爲本基金的主要風險。
user: Please translate the following sentence from English to Chinese: 4.2.5 Swing pricing Shareholders should note that in addition to the charges disclosed above, the NAV per Share may be adjusted upwards or downwards to mitigate the effects of transaction costs and any spread between the buying and selling prices of the underlying assets attributable to net inflows and net outflows respectively, as further disclosed in Section 6.1 (Calculation of Assets and Liabilities).

assistant: 4.2.5 擺動定價股東應注意，除上述披露的費用以外，每股資產淨值可向上或向下調整，以分別緩減交易費用及相關資產買入和賣出價格存在任何差價應占資金淨流入及淨流出的影響，進一步詳情披露於第 6.1 節（資產及負債的計算）。
user: Please translate the following sentence from English to Chinese: If the applicable Pricing Supplement does not indicate that the Issuer may purchase Notes, the Issuer may not purchase Notes.

assistant: 假如適用定價補充文件並無表示發行人可購買票據，則發行人不得購買票據。
user: Please translate the following sentence from English to Chinese: Companies with an established dividend history, good position to grow dividend with improving operating performance and sustainable growth will be considered major investment targets.

assistant: 具備過往派息紀錄，且不斷提升的營運表現及可持續的增長帶動股息上升的公司，將被視爲主要投資目標。
user: Please translate the following sentence from English to Chinese: and (e) there is no early withdrawal / termination of your ILAS policy.

assistant: 及(e) 閣下並不會提早提取款項或終止此投資壽險保單。
user: Please translate the following sentence from English to Chinese: All the compartments together constitute the Fund.

assistant: 所有成分基金構成本基金。
user: Please translate the following sentence from English to Chinese: In light of the above mentioned factors, the price of PRC securities may fall significantly in certain circumstances and may have an adverse effect on the Fund’s performance.

assistant: 由於上述因素之存在，中國證券之價格可能會在某些情況下大幅度下跌，可能對基金之表現造成不利影響。
user: Please translate the following sentence from English to Chinese: e) units of UCITS and/or other Eligible UCIs, whether situated in a Member State or not, provided that:

assistant: e） UCITS 及∕或其他合資格 UCI（s 無論是否設於成員國）的單位，條件是：
user: Please translate the following sentence from English to Chinese: 4 Employee compensation and benefits (continued)

assistant: 4 僱員報酬及福利（續）