Introduction Hong Kong as an International Financial Centre Financial Services in Hong Kong Financial Links between Hong Kong and the Mainland Initiatives to Enhance Hong Kong's Competitiveness Hong Kong Dollar Debt Market Development of a Secondary Mortgage Market Companies Registry Money Lenders Bankruptcies, Individual Voluntary Arrangement and Compulsory Winding-up Professional Accountancy Monetary Policy Monetary Situation Exchange Fund Disposal Programme for the Exchange Fund's Hong Kong Equity Portfolio