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4 arrested for disorderly conduct

Police arrested four people after noticing that some individuals were displaying protest items that contained seditious wordings, chanting and committing unlawful acts in the vicinity of Causeway Bay since the afternoon of June 3.   Police announced the arrests in a statement and explained that upon investigation, they arrested the four individuals on suspicion of disorder in public places and doing an act or acts with seditious intention.   Additionally, four other people suspected of breaching public peace were brought to the police station for further investigation.   The force stressed that they are highly concerned about people attempting to incite and provoke others to commit illegal acts that endanger national security, public order and public safety.   Apart from stepping up patrols and enhancing intelligence-gathering, Police added that they will closely monitor the situation of various districts and strive to prevent and combat crimes. http://dlvr.it/Sq8xN8

HK attracts more investment

The Offshore China Fund Awards honours last year's elite performers in the Mainland's fund-management sector - business professionals who have excelled in meeting, and surpassing, changing market needs. In all, 36 well-deserved awards will be given out.   Beyond the stars, the industry in general has performed in excellence, despite the continuing challenges of the COVID-19 pandemic. At the end of 2020, your sector's funding totalled nearly HK$35 trillion, up a cheering 21%, year on year.   Our goal is clear: to develop Hong Kong into an international asset- and wealth-management centre. That vision is being realised through the industry's top-class professionalism and the continuing support of the governments in Hong Kong and cities in the Guangdong-Hong Kong-Macao Greater Bay Area, together with Mainland regulators.   The most recent initiative, the Greater Bay Area Wealth Management Connect, got going last September. As of last December, more than 21,000 individual investors had participated, acquiring financial products totaling RMB240 million. In the long run, the cross-boundary scheme will take our fund-management and offshore renminbi businesses to another level entirely.   We also welcome family offices to establish a presence here, capitalising on Hong Kong's singular advantages. In my Budget announced last month, I proposed tax concessions for investment vehicles managed by single family offices. We hope to submit the proposal to the Legislative Council later this year.   Financial Secretary Paul Chan delivered this video speech at the Offshore China Fund Awards 2021 on March 18.
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