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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

Kowloon DC members to take oaths

The Government today announced that it will hold the second oath-taking ceremony for district councillors on Friday.   Secretary for Home Affairs Caspar Tsui, the oath administrator, has issued invitations to all serving Kowloon district council members to attend the ceremony at North Point Community Hall.   The upcoming oath-taking will cover members of the Yau Tsim Mong, Sham Shui Po, Kowloon City, Wong Tai Sin, Kwun Tong and Kwun Tong district councils.   Under the Public Offices (Candidacy & Taking Up Offices) (Miscellaneous Amendments) Ordinance 2021, district councillors have to take oaths to uphold the Basic Law and bear allegiance to the Hong Kong Special Administrative Region.   According to the Interpretation of Article 104 of the Basic Law by the Standing Committee of the National People's Congress, the person administering the oath has the duty to ensure that it is taken in a lawful manner.   The administrator shall determine that an oath taken in compliance with the interpretation and requirements under the laws of Hong Kong is valid, while an oath not taken in compliance with the interpretation and the law requirements is invalid.   If the oath taken is determined as invalid, no arrangement shall be made for retaking it.   The Government will publish the list of district council members whose oaths are determined as valid after the ceremony is held. As for members whose oath validity is questioned, the oath administrator will follow up in accordance with the relevant legislation.
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