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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

Welfare cases dip 0.4%

The overall Comprehensive Social Security Assistance caseload dropped to 221,481 in June, down 0.4% from May, the Social Welfare Department announced today.   Low-earnings cases registered a month-to-month decrease of 1.4% to 2,337 cases, while old age cases were down 0.5% to 126,786. Single parent cases dipped 0.2% to 24,834, while permanent disability cases slightly decreased by 0.1% to 17,478 cases.   Unemployment cases fell by 1.1% to 19,461 cases. The figure is an increase of 54.6% compared with January 2020 when Hong Kong just started to fight the COVID-19 pandemic.   The average number of applications for unemployment cases in April to June was 651 per month, down 15.8% from the March to May number or a decrease of 75.4% from the April to June 2020 figure.   Ill-health cases rose 0.5% to 26,580.
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