The CG system of each of the jurisdictions studied was considered in view of the Hong Kong context. Initially, this focused on identifying key differences and observations of interest ("KDOI") across the systems studied - observing points of similarity or difference against the broader context in which each CG system operates. While many differences in the details of each CG system can be observed, the focus was to identify those likely to be of greater relevance to discuss and analyze with a view to identifying recommendations. This exercise encompassed developments elsewhere that might be capable of adoption or adaptation in Hong Kong and which might serve to address weaknesses in Hong Kong's CG system and/or improve the long-term competitiveness of the Hong Kong public market.