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Hong Kong Business Summit' 99
"Hong Kong, China : Into the Next Millennium"

2^nd December 1999

"The Role of Financial Services Industry in the Future Hong Kong Economy"

Speech By Mr Andrew Sheng
- Chairman Securities and Futures Commission

1998/99: Reform after Crisis

• Demutualization & Merger
  >> In progress and on track - Merger bill in Legco

• Technology & Infrastructure Reforms
  >> SCEFI Report being1 implemented.

• Legislative Reform
  >> To be submitted to Legco by December 1999

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