Good afternoon, David, Ellie, distinguished guests, ladies and gentlemen. Thanks for inviting me to speak today. It is a privilege to address such an accomplished audience.

The Securities and Futures Commission (SFC) fully supports director training. Effective training elevates Hong Kong’s corporate governance standards, enhances company performance, maintains public trust, and strengthens our capital markets.

Hong Kong’s position as a global financial hub hinges on the quality of its listing market. Thisyear, we have reclaimed the top spot as the world’s leading IPO fund-raising centre. The SFC’s 2024 survey also showed a strong rebound for Hong Kong as a pre-eminent global asset and wealth management hub, with robust growth in assets under management and net fund inflows. Meanwhile, Boston Consulting Group recently ranked Hong Kong alongside Switzerland as the world’s top cross-border wealth centre.

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