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HK Financial Secretary's letter to SFC on National Security Law

SFC, 17-Jul-2020

This "Dear Ashley" letter was circulated to intermediaries by the SFC on Friday night but doesn't appear on its website, so now it appears on ours. Good to know that we remain free to opine that the mainland's centrally-planned, authoritarian, state-owned economy is unsustainable and will eventually change to a democratic, open, free-market economy and society to deliver the growth that its citizens expect.

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