Statement
Release Date: 2023-04-25
April 24, 2023.
Recently, HKSFPA received a request from a district councilor urging us to encourage our members to support minority shareholders of a publicly listed company in favor of certain resolutions at the forthcoming annual general meeting.
We firmly believe that the fair, just, transparent, and stable functioning of the securities market is essential for establishing a regulated and orderly environment. In this regard, we would like to highlight that, as a labor union representing the securities industry, our primary function is to provide feedback to regulatory bodies and advocate for the collective interests of the sector. We refrain from engaging in any activities that might infringe upon investors' autonomy, ensuring that we uphold the principle of fair competition within the market.
We maintain that investors should make their voting choices independently, based on their assessments of corporate governance, business growth, financial health, and their confidence in management.
In conclusion, HKSFPA is committed to fulfilling its responsibilities by advocating for and safeguarding the interests of the industry, offering benefits to professionals within the sector, and enhancing the competitiveness and professionalism of our members. We also encourage market participants to share their suggestions and feedback regarding industry development and regulatory measures through formal channels such as email. This collaboration will enable us to better execute our duties and mission.
Sincerely,
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association
Recently, HKSFPA received a request from a district councilor urging us to encourage our members to support minority shareholders of a publicly listed company in favor of certain resolutions at the forthcoming annual general meeting.
We firmly believe that the fair, just, transparent, and stable functioning of the securities market is essential for establishing a regulated and orderly environment. In this regard, we would like to highlight that, as a labor union representing the securities industry, our primary function is to provide feedback to regulatory bodies and advocate for the collective interests of the sector. We refrain from engaging in any activities that might infringe upon investors' autonomy, ensuring that we uphold the principle of fair competition within the market.
We maintain that investors should make their voting choices independently, based on their assessments of corporate governance, business growth, financial health, and their confidence in management.
In conclusion, HKSFPA is committed to fulfilling its responsibilities by advocating for and safeguarding the interests of the industry, offering benefits to professionals within the sector, and enhancing the competitiveness and professionalism of our members. We also encourage market participants to share their suggestions and feedback regarding industry development and regulatory measures through formal channels such as email. This collaboration will enable us to better execute our duties and mission.
Sincerely,
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association
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