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Govt to enhance securities trading

It is a pleasure to be here with you today, especially after an accident that has reminded me of the importance of staying vigilant even in relatively peaceful times. Continuously enhancing competitiveness despite good business is also a theme I wish to harp on in today's speech.   Some of you may recall that I last spoke to you in November 2018. That was into the second year of my tenure, witnessing the celebration of the 40th anniversary of our nation's reform and opening up, and the consecutive opening of two major pieces of cross-boundary transport infrastructure - the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link and the Hong Kong-Zhuhai-Macao Bridge. All seemed bright and well. And then we all have some frightening memories of what Hong Kong had gone through in the following two years. Few would disagree that it has been a very challenging period for Hong Kong, particularly with the riots in the latter half of 2019 during which some banks were

SJ to meet Legal Subsector

The Election Committee Subsector Ordinary Elections were held successfully yesterday. It signifies an important milestone in Hong Kong’s democratic electoral system.   I would like to extend my congratulations to all the elected members, including the 15 members from the Legal Subsector. They will be joined by the ex-officio members, nominees by eligible bodies and candidates who have been returned uncontested to form the new term of the Election Committee which is entrusted with the important task of nomination and election of the Chief Executive. They are also given two new functions in the electoral system - nomination of candidates for the Legislative Council election and election of 40 LegCo members.   Political security is fundamental to national security. I am very grateful to the National People’s Congress for swiftly making a decision on improving our electoral system in accordance with the law after carefully considering the actual situation of Hong Kong. It ensures the steadfast and successful implementation of “one country, two systems”, safeguarding the sovereignty, security and development interests of the country, as well as ensuring the prosperity and stability of Hong Kong.   It has come to my attention that the turnover rate in the Legal Subsector is 100%, demonstrating that the legal sector has placed great importance to the elections. I will arrange for a meeting with all the Election Committee members from the Legal Subsector at the soonest possible so that we can jointly explore ways to seize the opportunities brought about by the 14th Five-Year Plan, the Greater Bay Area development and the Qianhai Plan, as well as integrate the needs of the country with the strengths of Hong Kong. We are determined to establish Hong Kong as a centre for international legal and dispute resolution services in the Asia-Pacific region so as to facilitate the long-term development of Hong Kong, the bay area as well as the whole country by proactively participating in the national development.   Secretary for Justice Teresa Cheng wrote this article and posted it on her blog on September 20.
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