Thank you, Mr. Fung.
We're going to start with our questioning now. Each member is going to have six minutes for questioning. For our witnesses, it's a very limited amount of time to ask these questions. Oftentimes, members will reclaim their time to try to ask as many questions as they can within those six minutes. Please don't take it personally if you get cut off. We're going to try to get through this as best we can.
I'm going to start with Mr. Caputo for six minutes.