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As the group's global partnership model matures, the personnel change will grant more power and responsibility to the younger management team, according to the announcement.

As we have seen in every stock market around the world, no regulatory system is perfect. But China's new securities law revision will be a big step toward ensuring that capital flows to the most productive companies in the real economy and that investors are protected.

As the blade-shaped battery solved the short run time of an LFP battery, industry experts said it will help redefine standards and promote sustainable development of the industry.

As you rightly say, the Joint Declaration recognized that Hong Kong would have a “high degree of autonomy” after 1997, subject, of course, to China’s sovereignty. However, it specifically exempted “defense affairs”, and this exclusion, together with foreign affairs and other matters outside local autonomy, is now enshrined in the Basic Law. The Joint Declaration, as the Foreign Office should have told you, said nothing about national security, which involves China’s own defense interests. The UK never proposed, and China never agreed, that, after 1997, Hong Kong would be denied the laws it required to defend itself from subversive activities or terrorism, or to protect the nation. Under China’s Constitution, national security is always a matter for the country as a whole, just as it is in the UK, and we must all pray that the existential threats can be neutralized by the incoming law.

As the law protects foreign investors to a greater degree, we have greater confidence that incremental investments can be good and healthy investments for us.