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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

1.5m register for voucher scheme

The Government said about 1.55 million people have submitted an electronic registration for the Consumption Voucher Scheme via its online registration portal as of 6pm today, the first day of the scheme’s registration.   Registration was generally smooth, with more than 1.3 million of those who registered authenticating their identity by answering security questions related to the Cash Payout Scheme launched last year.   Registration via the iAM Smart mobile app was obstructed this morning because the system was heavily loaded. The situation has gradually improved since this afternoon.   Financial Secretary Paul Chan reminded the public not to rush for registration in the first few days, as eligible registrants who have completed the electronic registration in the coming two weeks or by July 17 will normally receive the first voucher on August 1 after their eligibility is confirmed.   Those who choose to submit paper forms may drop the completed forms, together with a copy of their Hong Kong identity card, into the drop boxes at all post offices and designated branches of five banks starting tomorrow.   Eligible people who submit paper forms or complete electronic registrations on or after July 18 will normally receive the first voucher on September 1.   The scheme is open for registration until August 14.   Click here or call the hotline 18 5000 for more information.
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