Thank you so much for your opening remarks, Executive Director Chen.
Colleagues, I forgot to mention at the outset that I will do my best to signal, as is customary, when you have 30 seconds remaining in your speaking time with the very analog method of holding up this yellow card with the “30 sec.” message on it. I hope that's visible both virtually and in the room. It has worked well for us in the past.
We will go straightaway into our first round of questions, with six-minute allocations. Leading us off today is Mr. Chong.
Please go ahead.