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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

Teresa Cheng signs legal pact

Secretary for Justice Teresa Cheng today signed a memorandum of understanding on the administration of the Legal Talent Recruitment Scheme (Trainee Solicitors).   The memorandum was signed with Law Society of Hong Kong President Melissa Pang.   Funded by the Anti-epidemic Fund, the scheme provides the monthly salary subsidy of $6,800 for a maximum of 12 months to each eligible law firm for one newly created job opening for a trainee solicitor, with up to 130 new job openings for trainee solicitors in total.   The scheme will not only create new job opportunities during the pandemic, but also ensure a steady and sufficient supply of legal talents in alignment with the Government’s policy objectives to advance the rule of law.   The Government also aims to strengthen Hong Kong’s development as a centre for international legal and dispute resolution services under the National 14th Five-Year Plan and the Guangdong-Hong Kong-Macao Greater Bay Area development plan.   The scheme will be open for application from July 5 to November 5.   The Law Society will be responsible for processing and assessing the applications, as well as arranging the subsidy’s disbursement.   Ms Cheng expressed her appreciation to the Law Society for developing and administering the scheme, which is expected to benefit young professionals and the legal sector in general.
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