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CFA Society Hong Kong 30th Anniversary

CFA Society Hong Kong (the Society) is celebrating the 30th anniversary of its founding in 1992. In celebration of its achievements, the Society rolled out a series of marketing communications programs to increase our brand awareness. The Society shares the mission of CFA Institute in raising the professional and ethical standards of financial analysts and investment practitioners through advocacy and continuing education efforts. In addition to promoting the CFA designation in Hong Kong, the Society aims to provide a forum for members, CFA Institute, other investment practitioners and regulators for networking and the exchange of industry insights and best practices. The Society is led by the Board of Directors, monitored by its Non-Executive Directors (NEDs) and advised by the Advisory Board, providing a broad range of perspectives on issues relating to the Society and protecting the interests of members. The Society is mostly run by member volunteers with the support of a team of fu

3 land parcels to be resumed

The Development Bureau announced today that private land within three land parcels that have been zoned for high-density housing development in the statutory outline zoning plans would be resumed for subsidised housing.        The three land parcels are in Yuen Long and Fanling. The 12,300 sq m of private land, together with adjoining government land of about 3,500 sq m, are expected to produce around 1,600 flats.   The Lands Department has started pre-clearance surveys at all three land parcels and will not accept new applications for lease modification and land exchange concerning these land parcels.   The Government will invoke the Lands Resumption Ordinance for the resumption work. Following the statutory resumption process, it will seek the Chief Executive in Council's authorisation after considering any objections received from affected stakeholders.   The Development Bureau said land supply tops the Government’s policy agenda, noting that around 90 hectares of land were resumed within a two-year time frame in 2019-20 and 2020-21, which is much more than the 20 hectares resumed over the immediate past five years.   Looking ahead, about 700 hectares of land are expected to be resumed from 2021-22, of which around 500 hectares are expected to be resumed in the next five years.
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