 Good afternoon. I'm so delighted to present to you, but also if you said to present you the dark side of Hong Kong, housing inequality and poverty in Hong Kong. What happened actually is simply because absence of social justice in Hong Kong. In Hong Kong such a wealthy city nowadays we still have 100,000 people. They are living in K-Chong cubicles such in humane conditions. Many of them they are waiting for public housing, what you would call is social housing, but the number of people waiting for this is growing up and now we have around 155,000 applications waiting for public housing. Who are they? Actually most of them they are Hong Kong permanent residents. They are single people, they are single elderly, they are working poor, they are poor women and children, they are people with mental illness. Some of them they are come from mainland China but they are Hong Kong residents. So how poor condition they are facing? You can see actually in I think in this ballroom they can occupy 200 occupants, share kitchen and toilet together or some of them they even don't have kitchen in their home. And what call is home actually is a bed. Only around every person only have around 1.5 square meter bed space. And one of my kind told me that let me see I haven't dare die but already live in a cold field. You can imagine and some of them they are this kind of bed space with a well, some of them with a petition and then their double day before that is triple. And actually now we just nearly find there's a triple day. And you can imagine so many people living in this kind of crowded tiny space. There's poor hygiene, poor ventilation and you can find there's many animal friends. They are rats, they are cockroaches, they are fish. So they can make you, they make you cannot steep. So they always tie that they have no energy to do anything. They feel hopeless of their life. And it's extremely hot. We have a shower, it's hotter than outside in this hot summer. And actually we found that or the society also find that the rent is extremely high, although it's cheap in the amount. But if we can't eat in every square feet, it is almost or sometimes expensive than those luxury house in Hong Kong. And also we found there are dangers in the building. We happen always flyers, accidents, there are collapse buildings just this year. Happened so many accidents, so many injuries, someone passed away died. And besides actually there are many more proportion of long-term disease people. We have a server, they are nearly 30% of this kind of residents. They suffer from long-term disease. Many of them this because of respiratory syndrome, disease, something like that. So you will ask in Hong Kong such a rich society, why happen? We have so many people living in this kind of condition. The one reason is poor. The wage in Hong Kong is poor and it's so low. Before that we don't have a median wage. Even this year we have but it's far from the standard. And then people if that depends on welfare, the welfare cannot afford them to have a decent housing, only can afford them to have a bed for their home. And we don't have any rent subsidy or rent control. And for these poor people what they can do is to waiting for public housing. But they wait for public housing, need to for a long time. And there are so many hurdles, obstacles for them to apply for public housing. If you're a single term, if you're an immigrant, you need to wait for seven or ten or more years. You need to have to review some special requirements. So this I don't go through to the point system of single term or immigrants issues. And actually what the kind of poor do is their cage home and cubicles, their final refugee. So we can see these figures I don't go full on. And then you will ask actually in Hong Kong our GDP per capita almost the top of the Asian. Why? We cannot solve the problem. We can supply so many things. Why cannot help these people? And there's a very, very big problem, structure problem. In the past, especially in the past ten years, we have a large decrease of supply of the public housing from 50,000 to 15,000. And we also give up the long term housing strategy. Before that, we would have an assessment of demand and supply model, but now no more. And then before, we have legislation on rain control and legal protection for the tenancy. And now no more. Why? Because we want to the government, the society want to support the high name price policy. And the land developer campaign to the government said that we cannot make much money as we want. So let's go on this kind of policy and the poor suffer. Actually some of my kind, all the pictures, the people in the pictures are all my kinds. I work for this for 16 years. Some of my kind, they even cannot afford two meals a day. So hungry happen in Hong Kong because of justice. And when we talk about housing inequality, actually housing inequality is the miniature of social inequality in Hong Kong. When we see the figure of genie coefficients, it's a shame. According to UN, we are the number one in those developed countries or cities. It's going up. You can see the widening disparity between the rich and poor. And it's too much than it should be. And we can see the per capita GDP is going up in the past 10 years. But the median income, no, similar. And I told you the median income in Hong Kong is around 17,000. But for those living in Hong Kong, it's below 8,000. And our population of living under population nine is 1.2 million. It's around 17% in Hong Kong. It's quite a big amount of people. And how our government think about this, you know, in their reply to UN, they said, why they are cage home and cubicle in Hong Kong? Because they are marketing demands. Poor people, they need them. They did not tell them why they need them. It's because the government did not have enough supply of public housing. Even though in recent policy address, our chief executive made it clear that it's not necessary to ban this kind of living condition. And also, there are many economists always said that this is a necessary evil of capitalism because of income disparity is natural in all the capitalism society. But it should be so extreme like Hong Kong. And why it happened in Hong Kong? Because we have absence of democratic system. Our chief executive is not by, it's either by universal suffix, only by 800 members. Many people like me or other people, they don't have rights to vote. Even for example, how they in favor of the privilege. When he run the election and after success and he need to repay the support of the privilege. So he cut the profit test. So I think we can do much. If we can have a more democratic system, will we have more heart for our society? In housing policy, we can do more supply of public housing. We can increase the rent supply. We can have legislation on rent control. We can abolish all discrimination policy. We can have anti poverty policy. So many we can do. Just depends whether we want to do. Not because we don't have resources. Thank you.