id	sid	tid	token	lemma	pos
cjal-3180	1	1	enforcing	enforce	VERB
cjal-3180	1	2	voluntary	voluntary	ADJ
cjal-3180	1	3	compliance	compliance	NOUN
cjal-3180	1	4	:	:	PUNCT
cjal-3180	1	5	the	the	DET
cjal-3180	1	6	need	need	NOUN
cjal-3180	1	7	to	to	PART
cjal-3180	1	8	strengthen	strengthen	VERB
cjal-3180	1	9	hong	hong	PROPN
cjal-3180	1	10	kong	kong	PROPN
cjal-3180	1	11	's	's	PART
cjal-3180	1	12	merger	merger	NOUN
cjal-3180	1	13	and	and	CCONJ
cjal-3180	1	14	acquisition	acquisition	NOUN
cjal-3180	1	15	regulations	regulation	NOUN
cjal-3180	1	16	enforcing	enforce	VERB
cjal-3180	1	17	voluntary	voluntary	ADJ
cjal-3180	1	18	compliance	compliance	NOUN
cjal-3180	1	19	:	:	PUNCT
cjal-3180	1	20	the	the	DET
cjal-3180	1	21	need	need	NOUN
cjal-3180	1	22	to	to	PART
cjal-3180	1	23	strengthen	strengthen	VERB
cjal-3180	1	24	hong	hong	PROPN
cjal-3180	1	25	kong	kong	PROPN
cjal-3180	1	26	's	's	PART
cjal-3180	1	27	merger	merger	NOUN
cjal-3180	1	28	and	and	CCONJ
cjal-3180	1	29	acquisition	acquisition	NOUN
cjal-3180	1	30	regulations	regulation	NOUN
cjal-3180	1	31	nathan	nathan	PROPN
cjal-3180	1	32	n.	n.	PROPN
cjal-3180	1	33	mcmurtray	mcmurtray	PROPN
cjal-3180	1	34	"	"	PUNCT
cjal-3180	1	35	i.	i.	NOUN
cjal-3180	1	36	introduction	introduction	NOUN
cjal-3180	1	37	for	for	ADP
cjal-3180	1	38	many	many	ADJ
cjal-3180	1	39	years	year	NOUN
cjal-3180	1	40	commentators	commentator	NOUN
cjal-3180	1	41	on	on	ADP
cjal-3180	1	42	merger	merger	NOUN
cjal-3180	1	43	and	and	CCONJ
cjal-3180	1	44	acquisition	acquisition	NOUN
cjal-3180	1	45	activities	activity	NOUN
cjal-3180	1	46	have	have	AUX
cjal-3180	1	47	noted	note	VERB
cjal-3180	1	48	that	that	SCONJ
cjal-3180	1	49	"	"	PUNCT
cjal-3180	1	50	the	the	DET
cjal-3180	1	51	pacific	pacific	ADJ
cjal-3180	1	52	rim	rim	PROPN
cjal-3180	1	53	has	have	AUX
cjal-3180	1	54	been	be	AUX
cjal-3180	1	55	and	and	CCONJ
cjal-3180	1	56	will	will	AUX
cjal-3180	1	57	become	become	VERB
cjal-3180	1	58	increasingly	increasingly	ADV
cjal-3180	1	59	important	important	ADJ
cjal-3180	1	60	.	.	PUNCT
cjal-3180	2	1	"	"	PUNCT
cjal-3180	2	2	'	'	PUNCT
cjal-3180	2	3	although	although	SCONJ
cjal-3180	2	4	several	several	ADJ
cjal-3180	2	5	countries	country	NOUN
cjal-3180	2	6	in	in	ADP
cjal-3180	2	7	the	the	DET
cjal-3180	2	8	region	region	NOUN
cjal-3180	2	9	are	be	AUX
cjal-3180	2	10	developing	develop	VERB
cjal-3180	2	11	internal	internal	ADJ
cjal-3180	2	12	markets	market	NOUN
cjal-3180	2	13	for	for	ADP
cjal-3180	2	14	these	these	DET
cjal-3180	2	15	transactions,2	transactions,2	VERB
cjal-3180	2	16	hong	hong	PROPN
cjal-3180	2	17	kong	kong	PROPN
cjal-3180	2	18	stands	stand	VERB
cjal-3180	2	19	out	out	ADP
cjal-3180	2	20	in	in	ADP
cjal-3180	2	21	terms	term	NOUN
cjal-3180	2	22	of	of	ADP
cjal-3180	2	23	size	size	NOUN
cjal-3180	2	24	,	,	PUNCT
cjal-3180	2	25	volume	volume	NOUN
cjal-3180	2	26	and	and	CCONJ
cjal-3180	2	27	sophistication	sophistication	NOUN
cjal-3180	2	28	?	?	PUNCT
cjal-3180	3	1	recently	recently	ADV
cjal-3180	3	2	it	it	PRON
cjal-3180	3	3	has	have	AUX
cjal-3180	3	4	outpaced	outpace	VERB
cjal-3180	3	5	other	other	ADJ
cjal-3180	3	6	regional	regional	ADJ
cjal-3180	3	7	markets	market	NOUN
cjal-3180	3	8	and	and	CCONJ
cjal-3180	3	9	accounts	account	VERB
cjal-3180	3	10	for	for	ADP
cjal-3180	3	11	nearly	nearly	ADV
cjal-3180	3	12	one	one	NUM
cjal-3180	3	13	-	-	PUNCT
cjal-3180	3	14	third	third	NOUN
cjal-3180	3	15	of	of	ADP
cjal-3180	3	16	the	the	DET
cjal-3180	3	17	market	market	NOUN
cjal-3180	3	18	share	share	NOUN
cjal-3180	3	19	in	in	ADP
cjal-3180	3	20	asia	asia	PROPN
cjal-3180	3	21	for	for	ADP
cjal-3180	3	22	these	these	DET
cjal-3180	3	23	transactions	transaction	NOUN
cjal-3180	3	24	(	(	PUNCT
cjal-3180	3	25	excluding	exclude	VERB
cjal-3180	3	26	japan).4	japan).4	NOUN
cjal-3180	3	27	despite	despite	SCONJ
cjal-3180	3	28	the	the	DET
cjal-3180	3	29	recent	recent	ADJ
cjal-3180	3	30	financial	financial	ADJ
cjal-3180	3	31	turmoil	turmoil	NOUN
cjal-3180	3	32	throughout	throughout	ADP
cjal-3180	3	33	much	much	ADJ
cjal-3180	3	34	of	of	ADP
cjal-3180	3	35	asia,5	asia,5	NOUN
cjal-3180	3	36	there	there	PRON
cjal-3180	3	37	remains	remain	VERB
cjal-3180	3	38	reason	reason	NOUN
cjal-3180	3	39	to	to	PART
cjal-3180	3	40	believe	believe	VERB
cjal-3180	3	41	that	that	SCONJ
cjal-3180	3	42	the	the	DET
cjal-3180	3	43	hong	hong	PROPN
cjal-3180	3	44	kong	kong	PROPN
cjal-3180	3	45	merger	merger	NOUN
cjal-3180	3	46	and	and	CCONJ
cjal-3180	3	47	acquisitions	acquisition	NOUN
cjal-3180	3	48	*	*	PUNCT
cjal-3180	3	49	associate	associate	ADJ
cjal-3180	3	50	,	,	PUNCT
cjal-3180	3	51	cravath	cravath	NOUN
cjal-3180	3	52	,	,	PUNCT
cjal-3180	3	53	swaine	swaine	NOUN
cjal-3180	3	54	&	&	CCONJ
cjal-3180	3	55	moore	moore	PROPN
cjal-3180	3	56	;	;	PUNCT
cjal-3180	3	57	j.d	j.d	PROPN
cjal-3180	3	58	.	.	PROPN
cjal-3180	3	59	,	,	PUNCT
cjal-3180	3	60	cumlaude	cumlaude	NOUN
cjal-3180	3	61	,	,	PUNCT
cjal-3180	3	62	from	from	ADP
cjal-3180	3	63	harvard	harvard	PROPN
cjal-3180	3	64	lawschool	lawschool	PROPN
cjal-3180	3	65	in	in	ADP
cjal-3180	3	66	1997	1997	NUM
cjal-3180	3	67	.	.	PUNCT
cjal-3180	4	1	the	the	DET
cjal-3180	4	2	author	author	NOUN
cjal-3180	4	3	would	would	AUX
cjal-3180	4	4	like	like	VERB
cjal-3180	4	5	to	to	PART
cjal-3180	4	6	thank	thank	VERB
cjal-3180	4	7	lavesh	lavesh	PROPN
cjal-3180	4	8	samtani	samtani	PROPN
cjal-3180	4	9	,	,	PUNCT
cjal-3180	4	10	an	an	DET
cjal-3180	4	11	associate	associate	NOUN
cjal-3180	4	12	at	at	ADP
cjal-3180	4	13	baker	baker	PROPN
cjal-3180	4	14	&	&	CCONJ
cjal-3180	4	15	mckcnzie	mckcnzie	PROPN
cjal-3180	4	16	,	,	PUNCT
cjal-3180	4	17	kenneth	kenneth	PROPN
cjal-3180	4	18	surjadinata	surjadinata	PROPN
cjal-3180	4	19	,	,	PUNCT
cjal-3180	4	20	an	an	DET
cjal-3180	4	21	associate	associate	NOUN
cjal-3180	4	22	at	at	ADP
cjal-3180	4	23	shearman	shearman	NOUN
cjal-3180	4	24	&	&	CCONJ
cjal-3180	4	25	sterling	sterling	NOUN
cjal-3180	4	26	,	,	PUNCT
cjal-3180	4	27	and	and	CCONJ
cjal-3180	4	28	allen	allen	PROPN
cjal-3180	4	29	wang	wang	PROPN
cjal-3180	4	30	,	,	PUNCT
cjal-3180	4	31	an	an	DET
cjal-3180	4	32	associate	associate	NOUN
cjal-3180	4	33	at	at	ADP
cjal-3180	4	34	sullivan	sullivan	PROPN
cjal-3180	4	35	&	&	CCONJ
cjal-3180	4	36	cromwell	cromwell	PROPN
cjal-3180	4	37	.	.	PUNCT
cjal-3180	5	1	1	1	X
cjal-3180	5	2	.	.	X
cjal-3180	6	1	how	how	SCONJ
cjal-3180	6	2	pacific	pacific	ADJ
cjal-3180	6	3	rim	rim	NOUN
cjal-3180	6	4	buyers	buyer	NOUN
cjal-3180	6	5	are	be	AUX
cjal-3180	6	6	hitting	hit	VERB
cjal-3180	6	7	the	the	DET
cjal-3180	6	8	world	world	NOUN
cjal-3180	6	9	m&a	m&a	PROPN
cjal-3180	6	10	scenemergers	scenemergers	PROPN
cjal-3180	6	11	&	&	CCONJ
cjal-3180	6	12	acqutsmorrns	acqutsmorrn	NOUN
cjal-3180	6	13	,	,	PUNCT
cjal-3180	6	14	july	july	PROPN
cjal-3180	6	15	-	-	PUNCT
cjal-3180	6	16	aug	aug	PROPN
cjal-3180	6	17	.	.	PROPN
cjal-3180	6	18	1990	1990	NUM
cjal-3180	6	19	,	,	PUNCT
cjal-3180	6	20	at	at	ADP
cjal-3180	6	21	26	26	NUM
cjal-3180	6	22	(	(	PUNCT
cjal-3180	6	23	quoting	quote	VERB
cjal-3180	6	24	j.	j.	PROPN
cjal-3180	6	25	buckner	buckner	PROPN
cjal-3180	6	26	brown	brown	PROPN
cjal-3180	6	27	)	)	PUNCT
cjal-3180	6	28	.	.	PUNCT
cjal-3180	7	1	2	2	X
cjal-3180	7	2	.	.	X
cjal-3180	7	3	i	i	PRON
cjal-3180	7	4	d.	d.	PROPN
cjal-3180	7	5	at	at	ADP
cjal-3180	7	6	26	26	NUM
cjal-3180	7	7	(	(	PUNCT
cjal-3180	7	8	noting	note	VERB
cjal-3180	7	9	that	that	SCONJ
cjal-3180	7	10	"	"	PUNCT
cjal-3180	7	11	the	the	DET
cjal-3180	7	12	m&a	m&a	PROPN
cjal-3180	7	13	market	market	NOUN
cjal-3180	7	14	in	in	ADP
cjal-3180	7	15	these	these	DET
cjal-3180	7	16	newly	newly	ADV
cjal-3180	7	17	industrialized	industrialize	VERB
cjal-3180	7	18	countries	country	NOUN
cjal-3180	8	1	[	[	X
cjal-3180	8	2	hong	hong	PROPN
cjal-3180	8	3	kong	kong	PROPN
cjal-3180	8	4	,	,	PUNCT
cjal-3180	8	5	taiwan	taiwan	PROPN
cjal-3180	8	6	and	and	CCONJ
cjal-3180	8	7	south	south	PROPN
cjal-3180	8	8	korea	korea	PROPN
cjal-3180	8	9	]	]	PUNCT
cjal-3180	8	10	is	be	AUX
cjal-3180	8	11	growing	grow	VERB
cjal-3180	8	12	significantly	significantly	ADV
cjal-3180	8	13	,	,	PUNCT
cjal-3180	8	14	both	both	CCONJ
cjal-3180	8	15	with	with	ADP
cjal-3180	8	16	respect	respect	NOUN
cjal-3180	8	17	to	to	ADP
cjal-3180	8	18	the	the	DET
cjal-3180	8	19	number	number	NOUN
cjal-3180	8	20	and	and	CCONJ
cjal-3180	8	21	size	size	NOUN
cjal-3180	8	22	of	of	ADP
cjal-3180	8	23	transactions	transaction	NOUN
cjal-3180	8	24	"	"	PUNCT
cjal-3180	8	25	)	)	PUNCT
cjal-3180	8	26	.	.	PUNCT
cjal-3180	9	1	3	3	X
cjal-3180	9	2	.	.	X
cjal-3180	9	3	foo	foo	PROPN
cjal-3180	9	4	eu	eu	PROPN
cjal-3180	9	5	jin	jin	PROPN
cjal-3180	9	6	,	,	PUNCT
cjal-3180	9	7	us$73.sbn	us$73.sbn	ADV
cjal-3180	9	8	in	in	ADP
cjal-3180	9	9	merger	merger	NOUN
cjal-3180	9	10	volume	volume	NOUN
cjal-3180	9	11	in	in	ADP
cjal-3180	9	12	region	region	NOUN
cjal-3180	9	13	,	,	PUNCT
cjal-3180	9	14	bus	bus	NOUN
cjal-3180	9	15	.	.	PUNCT
cjal-3180	10	1	times	times	PROPN
cjal-3180	10	2	(	(	PUNCT
cjal-3180	10	3	malaysia	malaysia	PROPN
cjal-3180	10	4	)	)	PUNCT
cjal-3180	10	5	,	,	PUNCT
cjal-3180	10	6	feb	feb	PROPN
cjal-3180	10	7	.	.	PROPN
cjal-3180	10	8	10	10	NUM
cjal-3180	10	9	,	,	PUNCT
cjal-3180	10	10	1998	1998	NUM
cjal-3180	10	11	,	,	PUNCT
cjal-3180	10	12	at	at	ADP
cjal-3180	10	13	2	2	NUM
cjal-3180	10	14	(	(	PUNCT
cjal-3180	10	15	noting	note	VERB
cjal-3180	10	16	that	that	SCONJ
cjal-3180	10	17	"	"	PUNCT
cjal-3180	10	18	in	in	ADP
cjal-3180	10	19	looking	look	VERB
cjal-3180	10	20	at	at	ADP
cjal-3180	10	21	asia	asia	PROPN
cjal-3180	10	22	,	,	PUNCT
cjal-3180	10	23	hong	hong	PROPN
cjal-3180	10	24	kong	kong	PROPN
cjal-3180	10	25	established	establish	VERB
cjal-3180	10	26	its	its	PRON
cjal-3180	10	27	position	position	NOUN
cjal-3180	10	28	as	as	ADP
cjal-3180	10	29	the	the	DET
cjal-3180	10	30	region	region	NOUN
cjal-3180	10	31	's	's	PART
cjal-3180	10	32	leader	leader	NOUN
cjal-3180	10	33	"	"	PUNCT
cjal-3180	10	34	)	)	PUNCT
cjal-3180	10	35	.	.	PUNCT
cjal-3180	11	1	4	4	X
cjal-3180	11	2	.	.	X
cjal-3180	12	1	i	i	PRON
cjal-3180	12	2	d.	d.	PROPN
cjal-3180	12	3	see	see	VERB
cjal-3180	12	4	generally	generally	ADV
cjal-3180	12	5	,	,	PUNCT
cjal-3180	12	6	garrick	garrick	PROPN
cjal-3180	12	7	holmes	holmes	PROPN
cjal-3180	12	8	,	,	PUNCT
cjal-3180	12	9	european	european	PROPN
cjal-3180	12	10	m&a	m&a	PROPN
cjal-3180	12	11	:	:	PUNCT
cjal-3180	12	12	still	still	ADV
cjal-3180	12	13	sailing	sail	VERB
cjal-3180	12	14	at	at	ADP
cjal-3180	12	15	a	a	DET
cjal-3180	12	16	good	good	ADJ
cjal-3180	12	17	clip	clip	NOUN
cjal-3180	12	18	,	,	PUNCT
cjal-3180	12	19	mergers	merger	NOUN
cjal-3180	12	20	&	&	CCONJ
cjal-3180	12	21	acquisitions	acquisition	NOUN
cjal-3180	12	22	,	,	PUNCT
cjal-3180	12	23	mar.-apr	mar.-apr	VERB
cjal-3180	12	24	.	.	PROPN
cjal-3180	12	25	,	,	PUNCT
cjal-3180	12	26	1997	1997	NUM
cjal-3180	12	27	,	,	PUNCT
cjal-3180	12	28	at	at	ADP
cjal-3180	12	29	13	13	NUM
cjal-3180	12	30	;	;	PUNCT
cjal-3180	12	31	big	big	ADJ
cjal-3180	12	32	price	price	NOUN
cjal-3180	12	33	tags	tag	NOUN
cjal-3180	12	34	make	make	VERB
cjal-3180	12	35	for	for	ADP
cjal-3180	12	36	a	a	DET
cjal-3180	12	37	banner	banner	NOUN
cjal-3180	12	38	year	year	NOUN
cjal-3180	12	39	,	,	PUNCT
cjal-3180	12	40	mergers	merger	NOUN
cjal-3180	12	41	&	&	CCONJ
cjal-3180	12	42	acquisions	acquision	NOUN
cjal-3180	12	43	,	,	PUNCT
cjal-3180	12	44	mar.-apr	mar.-apr	VERB
cjal-3180	12	45	.	.	PROPN
cjal-3180	12	46	,	,	PUNCT
cjal-3180	12	47	1996	1996	NUM
cjal-3180	12	48	,	,	PUNCT
cjal-3180	12	49	at	at	ADP
cjal-3180	12	50	13;a	13;a	NUM
cjal-3180	12	51	spark	spark	NOUN
cjal-3180	12	52	oflife	oflife	NOUN
cjal-3180	12	53	for	for	ADP
cjal-3180	12	54	european	european	PROPN
cjal-3180	12	55	m&a	m&a	PROPN
cjal-3180	12	56	,	,	PUNCT
cjal-3180	12	57	mergers	merger	NOUN
cjal-3180	12	58	&	&	CCONJ
cjal-3180	12	59	acquisrions	acquisrion	NOUN
cjal-3180	12	60	,	,	PUNCT
cjal-3180	12	61	may	may	PROPN
cjal-3180	12	62	-	-	PUNCT
cjal-3180	12	63	jun	jun	PROPN
cjal-3180	12	64	.	.	PROPN
cjal-3180	12	65	,	,	PUNCT
cjal-3180	12	66	1995	1995	NUM
cjal-3180	12	67	,	,	PUNCT
cjal-3180	12	68	at	at	ADP
cjal-3180	12	69	20	20	NUM
cjal-3180	12	70	;	;	PUNCT
cjal-3180	12	71	the	the	DET
cjal-3180	12	72	downward	downward	ADJ
cjal-3180	12	73	turn	turn	NOUN
cjal-3180	12	74	of	of	ADP
cjal-3180	12	75	m&a	m&a	PROPN
cjal-3180	12	76	in	in	ADP
cjal-3180	12	77	europe	europe	PROPN
cjal-3180	12	78	,	,	PUNCT
cjal-3180	12	79	mergers	merger	NOUN
cjal-3180	12	80	&	&	CCONJ
cjal-3180	12	81	acquisitions	acquisition	NOUN
cjal-3180	12	82	,	,	PUNCT
cjal-3180	12	83	may	may	PROPN
cjal-3180	12	84	-	-	PUNCT
cjal-3180	12	85	jun	jun	PROPN
cjal-3180	12	86	.	.	PROPN
cjal-3180	12	87	,	,	PUNCT
cjal-3180	12	88	1994	1994	NUM
cjal-3180	12	89	,	,	PUNCT
cjal-3180	12	90	at	at	ADP
cjal-3180	12	91	20	20	NUM
cjal-3180	12	92	;	;	PUNCT
cjal-3180	12	93	a	a	DET
cjal-3180	12	94	swifter	swifter	NOUN
cjal-3180	12	95	pace	pace	NOUN
cjal-3180	12	96	of	of	ADP
cjal-3180	12	97	cross	cross	ADJ
cjal-3180	12	98	-	-	ADJ
cjal-3180	12	99	border	border	ADJ
cjal-3180	12	100	m&a	m&a	PROPN
cjal-3180	12	101	,	,	PUNCT
cjal-3180	12	102	mergers	merger	NOUN
cjal-3180	12	103	&	&	CCONJ
cjal-3180	12	104	acquisrions	acquisrion	NOUN
cjal-3180	12	105	,	,	PUNCT
cjal-3180	12	106	may	may	PROPN
cjal-3180	12	107	-	-	PUNCT
cjal-3180	12	108	jun	jun	PROPN
cjal-3180	12	109	.	.	PROPN
cjal-3180	12	110	,	,	PUNCT
cjal-3180	12	111	1993	1993	NUM
cjal-3180	12	112	,	,	PUNCT
cjal-3180	12	113	at	at	ADP
cjal-3180	12	114	21	21	NUM
cjal-3180	12	115	.	.	PUNCT
cjal-3180	13	1	5	5	X
cjal-3180	13	2	.	.	X
cjal-3180	13	3	see	see	VERB
cjal-3180	13	4	neel	neel	PROPN
cjal-3180	13	5	chowdhury	chowdhury	PROPN
cjal-3180	13	6	&	&	CCONJ
cjal-3180	13	7	anthony	anthony	PROPN
cjal-3180	13	8	paul	paul	PROPN
cjal-3180	13	9	,	,	PUNCT
cjal-3180	13	10	where	where	SCONJ
cjal-3180	13	11	asia	asia	PROPN
cjal-3180	13	12	goes	go	VERB
cjal-3180	13	13	from	from	ADP
cjal-3180	13	14	here	here	ADV
cjal-3180	13	15	,	,	PUNCT
cjal-3180	13	16	fortune	fortune	NOUN
cjal-3180	13	17	,	,	PUNCT
cjal-3180	13	18	nov	nov	PROPN
cjal-3180	13	19	.	.	PROPN
cjal-3180	13	20	24	24	NUM
cjal-3180	13	21	,	,	PUNCT
cjal-3180	13	22	1997	1997	NUM
cjal-3180	13	23	,	,	PUNCT
cjal-3180	13	24	at	at	ADP
cjal-3180	13	25	96	96	NUM
cjal-3180	13	26	.	.	PUNCT
cjal-3180	14	1	columbia	columbia	PROPN
cjal-3180	14	2	journal	journal	PROPN
cjal-3180	14	3	ofasian	ofasian	ADJ
cjal-3180	14	4	law	law	NOUN
cjal-3180	14	5	6market	6market	NUM
cjal-3180	14	6	will	will	AUX
cjal-3180	14	7	continue	continue	VERB
cjal-3180	14	8	to	to	PART
cjal-3180	14	9	grow	grow	VERB
cjal-3180	14	10	.	.	PUNCT
cjal-3180	15	1	as	as	SCONJ
cjal-3180	15	2	china	china	PROPN
cjal-3180	15	3	further	far	ADV
cjal-3180	15	4	liberalizes	liberalize	VERB
cjal-3180	15	5	its	its	PRON
cjal-3180	15	6	economic	economic	ADJ
cjal-3180	15	7	policies	policy	NOUN
cjal-3180	15	8	and	and	CCONJ
cjal-3180	15	9	especially	especially	ADV
cjal-3180	15	10	since	since	SCONJ
cjal-3180	15	11	hong	hong	PROPN
cjal-3180	15	12	kong	kong	PROPN
cjal-3180	15	13	has	have	AUX
cjal-3180	15	14	reverted	revert	VERB
cjal-3180	15	15	to	to	ADP
cjal-3180	15	16	chinese	chinese	ADJ
cjal-3180	15	17	sovereignty	sovereignty	NOUN
cjal-3180	15	18	,	,	PUNCT
cjal-3180	15	19	many	many	ADJ
cjal-3180	15	20	mainland	mainland	NOUN
cjal-3180	15	21	firms	firm	NOUN
cjal-3180	15	22	are	be	AUX
cjal-3180	15	23	looking	look	VERB
cjal-3180	15	24	overseas	overseas	ADV
cjal-3180	15	25	and	and	CCONJ
cjal-3180	15	26	commencing	commence	VERB
cjal-3180	15	27	operations	operation	NOUN
cjal-3180	15	28	in	in	ADP
cjal-3180	15	29	hong	hong	PROPN
cjal-3180	15	30	kong.7	kong.7	PROPN
cjal-3180	15	31	this	this	PRON
cjal-3180	15	32	is	be	AUX
cjal-3180	15	33	creating	create	VERB
cjal-3180	15	34	many	many	ADJ
cjal-3180	15	35	potential	potential	ADJ
cjal-3180	15	36	new	new	ADJ
cjal-3180	15	37	acquirers	acquirer	NOUN
cjal-3180	15	38	,	,	PUNCT
cjal-3180	15	39	targets	target	NOUN
cjal-3180	15	40	,	,	PUNCT
cjal-3180	15	41	and	and	CCONJ
cjal-3180	15	42	increasing	increase	VERB
cjal-3180	15	43	number	number	NOUN
cjal-3180	15	44	of	of	ADP
cjal-3180	15	45	formerly	formerly	ADV
cjal-3180	15	46	rare	rare	ADJ
cjal-3180	15	47	transactions	transaction	NOUN
cjal-3180	15	48	such	such	ADJ
cjal-3180	15	49	as	as	ADP
cjal-3180	15	50	hostile	hostile	ADJ
cjal-3180	15	51	takeovers	takeover	NOUN
cjal-3180	15	52	and	and	CCONJ
cjal-3180	15	53	leveraged	leverage	VERB
cjal-3180	15	54	buyouts.8	buyouts.8	PROPN
cjal-3180	15	55	yet	yet	CCONJ
cjal-3180	15	56	these	these	DET
cjal-3180	15	57	changes	change	NOUN
cjal-3180	15	58	also	also	ADV
cjal-3180	15	59	have	have	VERB
cjal-3180	15	60	the	the	DET
cjal-3180	15	61	potential	potential	NOUN
cjal-3180	15	62	to	to	PART
cjal-3180	15	63	slow	slow	VERB
cjal-3180	15	64	or	or	CCONJ
cjal-3180	15	65	halt	halt	VERB
cjal-3180	15	66	the	the	DET
cjal-3180	15	67	development	development	NOUN
cjal-3180	15	68	of	of	ADP
cjal-3180	15	69	this	this	DET
cjal-3180	15	70	important	important	ADJ
cjal-3180	15	71	financial	financial	ADJ
cjal-3180	15	72	market	market	NOUN
cjal-3180	15	73	segment	segment	NOUN
cjal-3180	15	74	if	if	SCONJ
cjal-3180	15	75	not	not	PART
cjal-3180	15	76	appropriately	appropriately	ADV
cjal-3180	15	77	regulated	regulate	VERB
cjal-3180	15	78	.	.	PUNCT
cjal-3180	16	1	perhaps	perhaps	ADV
cjal-3180	16	2	reflecting	reflect	VERB
cjal-3180	16	3	this	this	PRON
cjal-3180	16	4	,	,	PUNCT
cjal-3180	16	5	hong	hong	PROPN
cjal-3180	16	6	kong	kong	PROPN
cjal-3180	16	7	's	's	PART
cjal-3180	16	8	securities	securities	PROPN
cjal-3180	16	9	and	and	CCONJ
cjal-3180	16	10	futures	future	NOUN
cjal-3180	16	11	commission	commission	PROPN
cjal-3180	16	12	recently	recently	ADV
cjal-3180	16	13	announced	announce	VERB
cjal-3180	16	14	that	that	SCONJ
cjal-3180	16	15	it	it	PRON
cjal-3180	16	16	would	would	AUX
cjal-3180	16	17	review	review	VERB
cjal-3180	16	18	the	the	DET
cjal-3180	16	19	hong	hong	PROPN
cjal-3180	16	20	kong	kong	PROPN
cjal-3180	16	21	code	code	PROPN
cjal-3180	16	22	on	on	ADP
cjal-3180	16	23	mergers	merger	NOUN
cjal-3180	16	24	and	and	CCONJ
cjal-3180	16	25	takeovers	takeover	NOUN
cjal-3180	16	26	(	(	PUNCT
cjal-3180	16	27	the	the	DET
cjal-3180	16	28	"	"	PUNCT
cjal-3180	16	29	code	code	NOUN
cjal-3180	16	30	"	"	PUNCT
cjal-3180	16	31	)	)	PUNCT
cjal-3180	16	32	for	for	ADP
cjal-3180	16	33	the	the	DET
cjal-3180	16	34	first	first	ADJ
cjal-3180	16	35	time	time	NOUN
cjal-3180	16	36	since	since	SCONJ
cjal-3180	16	37	1992.9	1992.9	NUM
cjal-3180	16	38	although	although	SCONJ
cjal-3180	16	39	the	the	DET
cjal-3180	16	40	modifications	modification	NOUN
cjal-3180	16	41	discussed	discuss	VERB
cjal-3180	16	42	thus	thus	ADV
cjal-3180	16	43	far	far	ADV
cjal-3180	16	44	by	by	ADP
cjal-3180	16	45	the	the	DET
cjal-3180	16	46	commission	commission	NOUN
cjal-3180	16	47	are	be	AUX
cjal-3180	16	48	limited	limit	VERB
cjal-3180	16	49	in	in	ADP
cjal-3180	16	50	scope,'0	scope,'0	PROPN
cjal-3180	16	51	a	a	DET
cjal-3180	16	52	broad	broad	ADV
cjal-3180	16	53	-	-	PUNCT
cjal-3180	16	54	based	base	VERB
cjal-3180	16	55	review	review	NOUN
cjal-3180	16	56	and	and	CCONJ
cjal-3180	16	57	revamping	revamping	NOUN
cjal-3180	16	58	of	of	ADP
cjal-3180	16	59	the	the	DET
cjal-3180	16	60	regulatory	regulatory	ADJ
cjal-3180	16	61	system	system	NOUN
cjal-3180	16	62	could	could	AUX
cjal-3180	16	63	be	be	AUX
cjal-3180	16	64	beneficial	beneficial	ADJ
cjal-3180	16	65	and	and	CCONJ
cjal-3180	16	66	bring	bring	VERB
cjal-3180	16	67	the	the	DET
cjal-3180	16	68	regulation	regulation	NOUN
cjal-3180	16	69	of	of	ADP
cjal-3180	16	70	merger	merger	NOUN
cjal-3180	16	71	activity	activity	NOUN
cjal-3180	16	72	into	into	ADP
cjal-3180	16	73	closer	close	ADJ
cjal-3180	16	74	harmony	harmony	NOUN
cjal-3180	16	75	with	with	ADP
cjal-3180	16	76	the	the	DET
cjal-3180	16	77	dramatic	dramatic	ADJ
cjal-3180	16	78	differences	difference	NOUN
cjal-3180	16	79	in	in	ADP
cjal-3180	16	80	the	the	DET
cjal-3180	16	81	business	business	NOUN
cjal-3180	16	82	and	and	CCONJ
cjal-3180	16	83	political	political	ADJ
cjal-3180	16	84	environment	environment	NOUN
cjal-3180	16	85	since	since	SCONJ
cjal-3180	16	86	the	the	DET
cjal-3180	16	87	code	code	NOUN
cjal-3180	16	88	was	be	AUX
cjal-3180	16	89	first	first	ADV
cjal-3180	16	90	put	put	VERB
cjal-3180	16	91	in	in	ADP
cjal-3180	16	92	place	place	NOUN
cjal-3180	16	93	.	.	PUNCT
cjal-3180	17	1	this	this	DET
cjal-3180	17	2	article	article	NOUN
cjal-3180	17	3	sets	set	VERB
cjal-3180	17	4	out	out	ADP
cjal-3180	17	5	to	to	PART
cjal-3180	17	6	describe	describe	VERB
cjal-3180	17	7	both	both	PRON
cjal-3180	17	8	the	the	DET
cjal-3180	17	9	current	current	ADJ
cjal-3180	17	10	regulatory	regulatory	ADJ
cjal-3180	17	11	system	system	NOUN
cjal-3180	17	12	and	and	CCONJ
cjal-3180	17	13	the	the	DET
cjal-3180	17	14	developments	development	NOUN
cjal-3180	17	15	that	that	PRON
cjal-3180	17	16	threaten	threaten	VERB
cjal-3180	17	17	to	to	PART
cjal-3180	17	18	undermine	undermine	VERB
cjal-3180	17	19	efficient	efficient	ADJ
cjal-3180	17	20	regulation	regulation	NOUN
cjal-3180	17	21	of	of	ADP
cjal-3180	17	22	the	the	DET
cjal-3180	17	23	market	market	NOUN
cjal-3180	17	24	for	for	ADP
cjal-3180	17	25	corporate	corporate	ADJ
cjal-3180	17	26	control	control	NOUN
cjal-3180	17	27	in	in	ADP
cjal-3180	17	28	hong	hong	PROPN
cjal-3180	17	29	kong	kong	PROPN
cjal-3180	17	30	.	.	PUNCT
cjal-3180	18	1	it	it	PRON
cjal-3180	18	2	then	then	ADV
cjal-3180	18	3	argues	argue	VERB
cjal-3180	18	4	that	that	SCONJ
cjal-3180	18	5	implementation	implementation	NOUN
cjal-3180	18	6	of	of	ADP
cjal-3180	18	7	an	an	DET
cjal-3180	18	8	enforcement	enforcement	NOUN
cjal-3180	18	9	regime	regime	NOUN
cjal-3180	18	10	based	base	VERB
cjal-3180	18	11	on	on	ADP
cjal-3180	18	12	legal	legal	ADJ
cjal-3180	18	13	authority	authority	NOUN
cjal-3180	18	14	and	and	CCONJ
cjal-3180	18	15	sanctions	sanction	NOUN
cjal-3180	18	16	rather	rather	ADV
cjal-3180	18	17	than	than	ADP
cjal-3180	18	18	voluntary	voluntary	ADJ
cjal-3180	18	19	compliance	compliance	NOUN
cjal-3180	18	20	would	would	AUX
cjal-3180	18	21	best	well	ADV
cjal-3180	18	22	serve	serve	VERB
cjal-3180	18	23	hong	hong	PROPN
cjal-3180	18	24	kong	kong	PROPN
cjal-3180	18	25	's	's	PART
cjal-3180	18	26	future	future	ADJ
cjal-3180	18	27	needs	need	NOUN
cjal-3180	18	28	.	.	PUNCT
cjal-3180	19	1	6	6	NUM
cjal-3180	19	2	.	.	X
cjal-3180	19	3	tunnoilprompts	tunnoilprompt	NOUN
cjal-3180	19	4	spate	spate	VERB
cjal-3180	19	5	of	of	ADP
cjal-3180	19	6	mergers	merger	NOUN
cjal-3180	19	7	,	,	PUNCT
cjal-3180	19	8	acquisitions	acquisition	NOUN
cjal-3180	19	9	,	,	PUNCT
cjal-3180	19	10	hong	hong	PROPN
cjal-3180	19	11	kong	kong	PROPN
cjal-3180	19	12	standard	standard	PROPN
cjal-3180	19	13	,	,	PUNCT
cjal-3180	19	14	oct	oct	PROPN
cjal-3180	19	15	.	.	PROPN
cjal-3180	19	16	23	23	NUM
cjal-3180	19	17	,	,	PUNCT
cjal-3180	19	18	1998	1998	NUM
cjal-3180	19	19	.	.	PUNCT
cjal-3180	20	1	7	7	X
cjal-3180	20	2	.	.	X
cjal-3180	20	3	mark	mark	PROPN
cjal-3180	20	4	clifford	clifford	PROPN
cjal-3180	20	5	,	,	PUNCT
cjal-3180	20	6	can	can	AUX
cjal-3180	20	7	hong	hong	PROPN
cjal-3180	20	8	kong	kong	PROPN
cjal-3180	20	9	learn	learn	VERB
cjal-3180	20	10	to	to	PART
cjal-3180	20	11	behave	behave	VERB
cjal-3180	20	12	?	?	PUNCT
cjal-3180	20	13	,	,	PUNCT
cjal-3180	20	14	bus	bus	NOUN
cjal-3180	20	15	.	.	PUNCT
cjal-3180	21	1	wk	wk	INTJ
cjal-3180	21	2	.	.	PROPN
cjal-3180	21	3	,	,	PUNCT
cjal-3180	21	4	sept	sept	PROPN
cjal-3180	21	5	.	.	PROPN
cjal-3180	21	6	2	2	NUM
cjal-3180	21	7	,	,	PUNCT
cjal-3180	21	8	1996	1996	NUM
cjal-3180	21	9	,	,	PUNCT
cjal-3180	21	10	at	at	ADP
cjal-3180	21	11	42	42	NUM
cjal-3180	21	12	.	.	NOUN
cjal-3180	21	13	8	8	NUM
cjal-3180	21	14	see	see	VERB
cjal-3180	21	15	louise	louise	PROPN
cjal-3180	21	16	lucas	lucas	PROPN
cjal-3180	21	17	(	(	PUNCT
cjal-3180	21	18	quoting	quote	VERB
cjal-3180	21	19	eamonn	eamonn	PROPN
cjal-3180	21	20	mcmanus	mcmanus	PROPN
cjal-3180	21	21	)	)	PUNCT
cjal-3180	21	22	,	,	PUNCT
cjal-3180	21	23	m&a	m&a	PROPN
cjal-3180	21	24	culture	culture	NOUN
cjal-3180	21	25	taking	take	VERB
cjal-3180	21	26	root	root	NOUN
cjal-3180	21	27	,	,	PUNCT
cjal-3180	21	28	financial	financial	ADJ
cjal-3180	21	29	times	time	NOUN
cjal-3180	21	30	,	,	PUNCT
cjal-3180	21	31	apr	apr	PROPN
cjal-3180	21	32	.	.	PROPN
cjal-3180	21	33	29	29	NUM
cjal-3180	21	34	,	,	PUNCT
cjal-3180	21	35	1996	1996	NUM
cjal-3180	21	36	,	,	PUNCT
cjal-3180	21	37	at	at	ADP
cjal-3180	21	38	6	6	NUM
cjal-3180	21	39	(	(	PUNCT
cjal-3180	21	40	noting	note	VERB
cjal-3180	21	41	that	that	SCONJ
cjal-3180	21	42	"	"	PUNCT
cjal-3180	21	43	'	'	PUNCT
cjal-3180	21	44	contested	contested	ADJ
cjal-3180	21	45	takeovers	takeover	NOUN
cjal-3180	21	46	are	be	AUX
cjal-3180	21	47	a	a	DET
cjal-3180	21	48	rarity	rarity	NOUN
cjal-3180	21	49	in	in	ADP
cjal-3180	21	50	this	this	DET
cjal-3180	21	51	part	part	NOUN
cjal-3180	21	52	of	of	ADP
cjal-3180	21	53	the	the	DET
cjal-3180	21	54	world	world	NOUN
cjal-3180	21	55	'	'	PUNCT
cjal-3180	21	56	.	.	PUNCT
cjal-3180	22	1	..	..	PUNCT
cjal-3180	22	2	however	however	ADV
cjal-3180	22	3	,	,	PUNCT
cjal-3180	22	4	there	there	PRON
cjal-3180	22	5	are	be	VERB
cjal-3180	22	6	signs	sign	NOUN
cjal-3180	22	7	that	that	SCONJ
cjal-3180	22	8	this	this	PRON
cjal-3180	22	9	may	may	AUX
cjal-3180	22	10	be	be	AUX
cjal-3180	22	11	changing	change	VERB
cjal-3180	22	12	"	"	PUNCT
cjal-3180	22	13	)	)	PUNCT
cjal-3180	22	14	;	;	PUNCT
cjal-3180	22	15	michael	michael	PROPN
cjal-3180	22	16	garner	garner	PROPN
cjal-3180	22	17	(	(	PUNCT
cjal-3180	22	18	quote	quote	INTJ
cjal-3180	22	19	)	)	PUNCT
cjal-3180	22	20	,	,	PUNCT
cjal-3180	22	21	roundtable	roundtable	NOUN
cjal-3180	22	22	:	:	PUNCT
cjal-3180	22	23	how	how	SCONJ
cjal-3180	22	24	pacific	pacific	ADJ
cjal-3180	22	25	rim	rim	PROPN
cjal-3180	22	26	buyers	buyer	NOUN
cjal-3180	22	27	are	be	AUX
cjal-3180	22	28	hitting	hit	VERB
cjal-3180	22	29	the	the	DET
cjal-3180	22	30	world	world	NOUN
cjal-3180	22	31	m&a	m&a	PROPN
cjal-3180	22	32	scene	scene	NOUN
cjal-3180	22	33	,	,	PUNCT
cjal-3180	22	34	mergers	merger	NOUN
cjal-3180	22	35	&	&	CCONJ
cjal-3180	22	36	acquisitions	acquisition	NOUN
cjal-3180	22	37	,	,	PUNCT
cjal-3180	22	38	jul./aug	jul./aug	PROPN
cjal-3180	22	39	.	.	PROPN
cjal-3180	22	40	1990	1990	NUM
cjal-3180	22	41	,	,	PUNCT
cjal-3180	22	42	at	at	ADP
cjal-3180	22	43	26	26	NUM
cjal-3180	22	44	(	(	PUNCT
cjal-3180	22	45	noting	note	VERB
cjal-3180	22	46	that	that	SCONJ
cjal-3180	22	47	"	"	PUNCT
cjal-3180	22	48	there	there	PRON
cjal-3180	22	49	is	be	VERB
cjal-3180	22	50	a	a	DET
cjal-3180	22	51	trend	trend	NOUN
cjal-3180	22	52	by	by	ADP
cjal-3180	22	53	controlling	control	VERB
cjal-3180	22	54	shareholders	shareholder	NOUN
cjal-3180	22	55	to	to	PART
cjal-3180	22	56	take	take	VERB
cjal-3180	22	57	publicly	publicly	ADV
cjal-3180	22	58	traded	trade	VERB
cjal-3180	22	59	companies	company	NOUN
cjal-3180	22	60	private	private	ADJ
cjal-3180	22	61	.	.	PUNCT
cjal-3180	22	62	"	"	PUNCT
cjal-3180	22	63	)	)	PUNCT
cjal-3180	22	64	.	.	PUNCT
cjal-3180	23	1	9	9	X
cjal-3180	23	2	.	.	X
cjal-3180	23	3	enoch	enoch	PROPN
cjal-3180	23	4	yiu	yiu	PROPN
cjal-3180	23	5	,	,	PUNCT
cjal-3180	23	6	sfc	sfc	NOUN
cjal-3180	23	7	is	be	AUX
cjal-3180	23	8	to	to	PART
cjal-3180	23	9	consider	consider	VERB
cjal-3180	23	10	new	new	ADJ
cjal-3180	23	11	rules	rule	NOUN
cjal-3180	23	12	,	,	PUNCT
cjal-3180	23	13	s.	s.	PROPN
cjal-3180	23	14	china	china	PROPN
cjal-3180	23	15	morning	morning	PROPN
cjal-3180	23	16	post	post	PROPN
cjal-3180	23	17	,	,	PUNCT
cjal-3180	23	18	feb	feb	PROPN
cjal-3180	23	19	.	.	PROPN
cjal-3180	23	20	11	11	NUM
cjal-3180	23	21	,	,	PUNCT
cjal-3180	23	22	1998	1998	NUM
cjal-3180	23	23	,	,	PUNCT
cjal-3180	23	24	at	at	ADP
cjal-3180	23	25	2	2	NUM
cjal-3180	23	26	.	.	NOUN
cjal-3180	23	27	10	10	NUM
cjal-3180	23	28	.	.	PUNCT
cjal-3180	24	1	see	see	VERB
cjal-3180	24	2	enoch	enoch	PROPN
cjal-3180	24	3	yiu	yiu	PROPN
cjal-3180	24	4	,	,	PUNCT
cjal-3180	24	5	sfc	sfc	NOUN
cjal-3180	24	6	seeks	seek	VERB
cjal-3180	24	7	to	to	PART
cjal-3180	24	8	change	change	VERB
cjal-3180	24	9	rules	rule	NOUN
cjal-3180	24	10	ofprivatization	ofprivatization	NOUN
cjal-3180	24	11	,	,	PUNCT
cjal-3180	24	12	s.	s.	PROPN
cjal-3180	24	13	china	china	PROPN
cjal-3180	24	14	morning	morning	PROPN
cjal-3180	24	15	post	post	PROPN
cjal-3180	24	16	,	,	PUNCT
cjal-3180	24	17	feb	feb	PROPN
cjal-3180	24	18	.	.	PROPN
cjal-3180	24	19	13	13	NUM
cjal-3180	24	20	,	,	PUNCT
cjal-3180	24	21	1998	1998	NUM
cjal-3180	24	22	,	,	PUNCT
cjal-3180	24	23	at	at	ADP
cjal-3180	24	24	3	3	NUM
cjal-3180	24	25	(	(	PUNCT
cjal-3180	24	26	noting	note	VERB
cjal-3180	24	27	that	that	SCONJ
cjal-3180	24	28	the	the	DET
cjal-3180	24	29	commission	commission	NOUN
cjal-3180	24	30	has	have	AUX
cjal-3180	24	31	proposed	propose	VERB
cjal-3180	24	32	changes	change	NOUN
cjal-3180	24	33	to	to	ADP
cjal-3180	24	34	the	the	DET
cjal-3180	24	35	shareholder	shareholder	NOUN
cjal-3180	24	36	approval	approval	NOUN
cjal-3180	24	37	level	level	NOUN
cjal-3180	24	38	required	require	VERB
cjal-3180	24	39	to	to	PART
cjal-3180	24	40	take	take	VERB
cjal-3180	24	41	a	a	DET
cjal-3180	24	42	company	company	NOUN
cjal-3180	24	43	private	private	ADJ
cjal-3180	24	44	"	"	PUNCT
cjal-3180	24	45	as	as	ADP
cjal-3180	24	46	part	part	NOUN
cjal-3180	24	47	of	of	ADP
cjal-3180	24	48	its	its	PRON
cjal-3180	24	49	review	review	NOUN
cjal-3180	24	50	of	of	ADP
cjal-3180	24	51	the	the	DET
cjal-3180	24	52	hong	hong	PROPN
cjal-3180	24	53	kong	kong	PROPN
cjal-3180	24	54	code	code	PROPN
cjal-3180	24	55	on	on	ADP
cjal-3180	24	56	takeovers	takeover	NOUN
cjal-3180	24	57	and	and	CCONJ
cjal-3180	24	58	mergers	merger	NOUN
cjal-3180	24	59	"	"	PUNCT
cjal-3180	24	60	)	)	PUNCT
cjal-3180	24	61	.	.	PUNCT
cjal-3180	25	1	m	m	PROPN
cjal-3180	25	2	&	&	CCONJ
cjal-3180	25	3	a	a	DET
cjal-3180	25	4	regulations	regulation	NOUN
cjal-3180	25	5	in	in	ADP
cjal-3180	25	6	hong	hong	PROPN
cjal-3180	25	7	kong	kong	PROPN
cjal-3180	25	8	ii	ii	PROPN
cjal-3180	25	9	.	.	PUNCT
cjal-3180	26	1	current	current	ADJ
cjal-3180	26	2	hong	hong	PROPN
cjal-3180	26	3	kong	kong	PROPN
cjal-3180	26	4	mergers	merger	NOUN
cjal-3180	26	5	and	and	CCONJ
cjal-3180	26	6	acquisitions	acquisition	NOUN
cjal-3180	26	7	regulatory	regulatory	ADJ
cjal-3180	26	8	environment	environment	NOUN
cjal-3180	26	9	compared	compare	VERB
cjal-3180	26	10	to	to	ADP
cjal-3180	26	11	other	other	ADJ
cjal-3180	26	12	jurisdictions	jurisdiction	NOUN
cjal-3180	26	13	,	,	PUNCT
cjal-3180	26	14	"	"	PUNCT
cjal-3180	26	15	on	on	ADP
cjal-3180	26	16	the	the	DET
cjal-3180	26	17	whole	whole	NOUN
cjal-3180	26	18	,	,	PUNCT
cjal-3180	26	19	the	the	DET
cjal-3180	26	20	acquisition	acquisition	NOUN
cjal-3180	26	21	of	of	ADP
cjal-3180	26	22	hong	hong	PROPN
cjal-3180	26	23	kong	kong	PROPN
cjal-3180	26	24	companies	company	NOUN
cjal-3180	26	25	and	and	CCONJ
cjal-3180	26	26	assets	asset	NOUN
cjal-3180	26	27	...	...	PUNCT
cjal-3180	26	28	is	be	AUX
cjal-3180	26	29	not	not	PART
cjal-3180	26	30	heavily	heavily	ADV
cjal-3180	26	31	regulated	regulate	VERB
cjal-3180	26	32	.	.	PUNCT
cjal-3180	27	1	"	"	PUNCT
cjal-3180	27	2	'	'	PUNCT
cjal-3180	27	3	"	"	PUNCT
cjal-3180	27	4	only	only	ADV
cjal-3180	27	5	a	a	DET
cjal-3180	27	6	few	few	ADJ
cjal-3180	27	7	legal	legal	ADJ
cjal-3180	27	8	documents	document	NOUN
cjal-3180	27	9	have	have	VERB
cjal-3180	27	10	direct	direct	ADJ
cjal-3180	27	11	application	application	NOUN
cjal-3180	27	12	to	to	ADP
cjal-3180	27	13	these	these	DET
cjal-3180	27	14	transactions	transaction	NOUN
cjal-3180	27	15	,	,	PUNCT
cjal-3180	27	16	namely	namely	ADV
cjal-3180	27	17	the	the	DET
cjal-3180	27	18	companies	company	NOUN
cjal-3180	27	19	ordinance	ordinance	VERB
cjal-3180	27	20	,	,	PUNCT
cjal-3180	27	21	'	'	PUNCT
cjal-3180	27	22	2	2	NUM
cjal-3180	27	23	the	the	DET
cjal-3180	27	24	securities	security	NOUN
cjal-3180	27	25	ordinance	ordinance	NOUN
cjal-3180	27	26	,	,	PUNCT
cjal-3180	27	27	3	3	NUM
cjal-3180	27	28	and	and	CCONJ
cjal-3180	27	29	the	the	DET
cjal-3180	27	30	protection	protection	NOUN
cjal-3180	27	31	of	of	ADP
cjal-3180	27	32	investors	investor	NOUN
cjal-3180	27	33	ordinance	ordinance	NOUN
cjal-3180	27	34	.	.	PUNCT
cjal-3180	27	35	'	'	PUNCT
cjal-3180	28	1	4	4	NUM
cjal-3180	28	2	their	their	PRON
cjal-3180	28	3	provisions	provision	NOUN
cjal-3180	28	4	are	be	AUX
cjal-3180	28	5	general	general	ADJ
cjal-3180	28	6	rather	rather	ADV
cjal-3180	28	7	than	than	ADP
cjal-3180	28	8	directed	direct	VERB
cjal-3180	28	9	specifically	specifically	ADV
cjal-3180	28	10	at	at	ADP
cjal-3180	28	11	regulating	regulate	VERB
cjal-3180	28	12	mergers	merger	NOUN
cjal-3180	28	13	and	and	CCONJ
cjal-3180	28	14	acquisitions.15	acquisitions.15	NOUN
cjal-3180	28	15	as	as	ADP
cjal-3180	28	16	a	a	DET
cjal-3180	28	17	result	result	NOUN
cjal-3180	28	18	,	,	PUNCT
cjal-3180	28	19	the	the	DET
cjal-3180	28	20	bulk	bulk	NOUN
cjal-3180	28	21	of	of	ADP
cjal-3180	28	22	hong	hong	PROPN
cjal-3180	28	23	kong	kong	PROPN
cjal-3180	28	24	's	's	PART
cjal-3180	28	25	mergers	merger	NOUN
cjal-3180	28	26	and	and	CCONJ
cjal-3180	28	27	acquisitions	acquisition	NOUN
cjal-3180	28	28	regulatory	regulatory	ADJ
cjal-3180	28	29	system	system	NOUN
cjal-3180	28	30	is	be	AUX
cjal-3180	28	31	set	set	VERB
cjal-3180	28	32	out	out	ADP
cjal-3180	28	33	by	by	ADP
cjal-3180	28	34	a	a	DET
cjal-3180	28	35	non	non	ADJ
cjal-3180	28	36	-	-	ADJ
cjal-3180	28	37	legal	legal	ADJ
cjal-3180	28	38	document	document	NOUN
cjal-3180	28	39	,	,	PUNCT
cjal-3180	28	40	the	the	DET
cjal-3180	28	41	hong	hong	PROPN
cjal-3180	28	42	kong	kong	PROPN
cjal-3180	28	43	code	code	PROPN
cjal-3180	28	44	on	on	ADP
cjal-3180	28	45	takeovers	takeover	NOUN
cjal-3180	28	46	and	and	CCONJ
cjal-3180	28	47	mergers	merger	NOUN
cjal-3180	28	48	.	.	PUNCT
cjal-3180	29	1	not	not	PART
cjal-3180	29	2	surprisingly	surprisingly	ADV
cjal-3180	29	3	for	for	ADP
cjal-3180	29	4	a	a	DET
cjal-3180	29	5	former	former	ADJ
cjal-3180	29	6	british	british	ADJ
cjal-3180	29	7	colony	colony	NOUN
cjal-3180	29	8	,	,	PUNCT
cjal-3180	29	9	the	the	DET
cjal-3180	29	10	code	code	NOUN
cjal-3180	29	11	was	be	AUX
cjal-3180	29	12	"	"	PUNCT
cjal-3180	29	13	designed	design	VERB
cjal-3180	29	14	as	as	ADP
cjal-3180	29	15	similar	similar	ADJ
cjal-3180	29	16	in	in	ADP
cjal-3180	29	17	form	form	NOUN
cjal-3180	29	18	and	and	CCONJ
cjal-3180	29	19	effect	effect	NOUN
cjal-3180	29	20	to	to	ADP
cjal-3180	29	21	the	the	DET
cjal-3180	29	22	london	london	PROPN
cjal-3180	29	23	city	city	PROPN
cjal-3180	29	24	code	code	NOUN
cjal-3180	29	25	in	in	ADP
cjal-3180	29	26	the	the	DET
cjal-3180	29	27	united	united	ADJ
cjal-3180	29	28	kingdom	kingdom	NOUN
cjal-3180	29	29	.	.	PUNCT
cjal-3180	30	1	"	"	PUNCT
cjal-3180	30	2	'	'	PUNCT
cjal-3180	30	3	6	6	NUM
cjal-3180	30	4	instead	instead	ADV
cjal-3180	30	5	of	of	ADP
cjal-3180	30	6	being	be	AUX
cjal-3180	30	7	a	a	DET
cjal-3180	30	8	legally	legally	ADV
cjal-3180	30	9	enforceable	enforceable	ADJ
cjal-3180	30	10	set	set	NOUN
cjal-3180	30	11	of	of	ADP
cjal-3180	30	12	rules	rule	NOUN
cjal-3180	30	13	andregulations	andregulation	NOUN
cjal-3180	30	14	as	as	ADP
cjal-3180	30	15	in	in	ADP
cjal-3180	30	16	the	the	DET
cjal-3180	30	17	united	united	PROPN
cjal-3180	30	18	states	states	PROPN
cjal-3180	30	19	,	,	PUNCT
cjal-3180	30	20	17	17	NUM
cjal-3180	30	21	australia	australia	PROPN
cjal-3180	30	22	'	'	PART
cjal-3180	30	23	8	8	NUM
cjal-3180	30	24	or	or	CCONJ
cjal-3180	30	25	singapore	singapore	NOUN
cjal-3180	30	26	,	,	PUNCT
cjal-3180	30	27	9	9	NUM
cjal-3180	30	28	the	the	DET
cjal-3180	30	29	code	code	NOUN
cjal-3180	30	30	states	state	VERB
cjal-3180	30	31	that	that	SCONJ
cjal-3180	30	32	its	its	PRON
cjal-3180	30	33	object	object	NOUN
cjal-3180	30	34	"	"	PUNCT
cjal-3180	30	35	is	be	AUX
cjal-3180	30	36	to	to	PART
cjal-3180	30	37	provide	provide	VERB
cjal-3180	30	38	guidelines	guideline	NOUN
cjal-3180	30	39	for	for	ADP
cjal-3180	30	40	companies	company	NOUN
cjal-3180	30	41	and	and	CCONJ
cjal-3180	30	42	their	their	PRON
cjal-3180	30	43	advisers	adviser	NOUN
cjal-3180	30	44	contemplating	contemplate	VERB
cjal-3180	30	45	or	or	CCONJ
cjal-3180	30	46	becoming	become	VERB
cjal-3180	30	47	involved	involve	VERB
cjal-3180	30	48	in	in	ADP
cjal-3180	30	49	takeovers	takeover	NOUN
cjal-3180	30	50	and	and	CCONJ
cjal-3180	30	51	mergers	merger	NOUN
cjal-3180	30	52	affecting	affect	VERB
cjal-3180	30	53	public	public	ADJ
cjal-3180	30	54	companies	company	NOUN
cjal-3180	30	55	in	in	ADP
cjal-3180	30	56	hong	hong	PROPN
cjal-3180	30	57	kong	kong	PROPN
cjal-3180	30	58	.	.	PUNCT
cjal-3180	31	1	the	the	DET
cjal-3180	31	2	code	code	NOUN
cjal-3180	31	3	does	do	AUX
cjal-3180	31	4	not	not	PART
cjal-3180	31	5	have	have	VERB
cjal-3180	31	6	,	,	PUNCT
cjal-3180	31	7	nor	nor	CCONJ
cjal-3180	31	8	does	do	AUX
cjal-3180	31	9	it	it	PRON
cjal-3180	31	10	seek	seek	VERB
cjal-3180	31	11	to	to	PART
cjal-3180	31	12	have	have	VERB
cjal-3180	31	13	,	,	PUNCT
cjal-3180	31	14	the	the	DET
cjal-3180	31	15	force	force	NOUN
cjal-3180	31	16	of	of	ADP
cjal-3180	31	17	law	law	NOUN
cjal-3180	31	18	.	.	PUNCT
cjal-3180	32	1	"20	"20	PROPN
cjal-3180	33	1	11	11	NUM
cjal-3180	33	2	.	.	PUNCT
cjal-3180	34	1	leslie	leslie	PROPN
cjal-3180	34	2	simon	simon	PROPN
cjal-3180	34	3	,	,	PUNCT
cjal-3180	34	4	major	major	ADJ
cjal-3180	34	5	legal	legal	ADJ
cjal-3180	34	6	issues	issue	NOUN
cjal-3180	34	7	:	:	PUNCT
cjal-3180	34	8	hong	hong	PROPN
cjal-3180	34	9	kong	kong	PROPN
cjal-3180	34	10	,	,	PUNCT
cjal-3180	34	11	int'l	int'l	ADJ
cjal-3180	34	12	bus	bus	NOUN
cjal-3180	34	13	.	.	PUNCT
cjal-3180	35	1	acquisitons	acquisiton	NOUN
cjal-3180	35	2	,	,	PUNCT
cjal-3180	35	3	1996	1996	NUM
cjal-3180	35	4	,	,	PUNCT
cjal-3180	35	5	at	at	ADP
cjal-3180	35	6	112	112	NUM
cjal-3180	35	7	.	.	PUNCT
cjal-3180	36	1	12	12	NUM
cjal-3180	36	2	.	.	PUNCT
cjal-3180	36	3	sections	section	NOUN
cjal-3180	36	4	167,168	167,168	NUM
cjal-3180	36	5	and	and	CCONJ
cjal-3180	36	6	the	the	DET
cjal-3180	36	7	ninth	ninth	ADJ
cjal-3180	36	8	schedule	schedule	NOUN
cjal-3180	36	9	ofthe	ofthe	NOUN
cjal-3180	36	10	companies	company	NOUN
cjal-3180	36	11	ordinance	ordinance	NOUN
cjal-3180	36	12	contain	contain	VERB
cjal-3180	36	13	provisions	provision	NOUN
cjal-3180	36	14	dealing	deal	VERB
cjal-3180	36	15	with	with	ADP
cjal-3180	36	16	the	the	DET
cjal-3180	36	17	rights	right	NOUN
cjal-3180	36	18	of	of	ADP
cjal-3180	36	19	minority	minority	NOUN
cjal-3180	36	20	shareholders	shareholder	NOUN
cjal-3180	36	21	in	in	ADP
cjal-3180	36	22	the	the	DET
cjal-3180	36	23	event	event	NOUN
cjal-3180	36	24	of	of	ADP
cjal-3180	36	25	offers	offer	NOUN
cjal-3180	36	26	for	for	ADP
cjal-3180	36	27	all	all	DET
cjal-3180	36	28	shares	share	NOUN
cjal-3180	36	29	(	(	PUNCT
cjal-3180	36	30	or	or	CCONJ
cjal-3180	36	31	all	all	DET
cjal-3180	36	32	shares	share	NOUN
cjal-3180	36	33	of	of	ADP
cjal-3180	36	34	a	a	DET
cjal-3180	36	35	particular	particular	ADJ
cjal-3180	36	36	class	class	NOUN
cjal-3180	36	37	of	of	ADP
cjal-3180	36	38	stock	stock	NOUN
cjal-3180	36	39	)	)	PUNCT
cjal-3180	36	40	of	of	ADP
cjal-3180	36	41	a	a	DET
cjal-3180	36	42	company	company	NOUN
cjal-3180	36	43	.	.	PUNCT
cjal-3180	37	1	in	in	ADP
cjal-3180	37	2	particular	particular	ADJ
cjal-3180	37	3	,	,	PUNCT
cjal-3180	37	4	these	these	PRON
cjal-3180	37	5	provide	provide	VERB
cjal-3180	37	6	that	that	SCONJ
cjal-3180	37	7	dissenting	dissent	VERB
cjal-3180	37	8	shareholders	shareholder	NOUN
cjal-3180	37	9	have	have	VERB
cjal-3180	37	10	the	the	DET
cjal-3180	37	11	right	right	NOUN
cjal-3180	37	12	to	to	PART
cjal-3180	37	13	be	be	AUX
cjal-3180	37	14	bought	buy	VERB
cjal-3180	37	15	out	out	ADP
cjal-3180	37	16	on	on	ADP
cjal-3180	37	17	the	the	DET
cjal-3180	37	18	same	same	ADJ
cjal-3180	37	19	terms	term	NOUN
cjal-3180	37	20	as	as	ADP
cjal-3180	37	21	those	those	PRON
cjal-3180	37	22	given	give	VERB
cjal-3180	37	23	to	to	ADP
cjal-3180	37	24	the	the	DET
cjal-3180	37	25	majority	majority	NOUN
cjal-3180	37	26	shareholders	shareholder	NOUN
cjal-3180	37	27	(	(	PUNCT
cjal-3180	37	28	unless	unless	SCONJ
cjal-3180	37	29	the	the	DET
cjal-3180	37	30	dissenters	dissenter	NOUN
cjal-3180	37	31	agree	agree	VERB
cjal-3180	37	32	to	to	ADP
cjal-3180	37	33	,	,	PUNCT
cjal-3180	37	34	or	or	CCONJ
cjal-3180	37	35	a	a	DET
cjal-3180	37	36	court	court	NOUN
cjal-3180	37	37	specifies	specifie	NOUN
cjal-3180	37	38	,	,	PUNCT
cjal-3180	37	39	different	different	ADJ
cjal-3180	37	40	terms	term	NOUN
cjal-3180	37	41	)	)	PUNCT
cjal-3180	37	42	whenever	whenever	SCONJ
cjal-3180	37	43	an	an	DET
cjal-3180	37	44	acquirer	acquirer	NOUN
cjal-3180	37	45	purchases	purchase	VERB
cjal-3180	37	46	90	90	NUM
cjal-3180	37	47	%	%	NOUN
cjal-3180	37	48	or	or	CCONJ
cjal-3180	37	49	more	more	ADJ
cjal-3180	37	50	of	of	ADP
cjal-3180	37	51	the	the	DET
cjal-3180	37	52	target	target	NOUN
cjal-3180	37	53	's	's	PART
cjal-3180	37	54	shares	share	NOUN
cjal-3180	37	55	and	and	CCONJ
cjal-3180	37	56	that	that	SCONJ
cjal-3180	37	57	if	if	SCONJ
cjal-3180	37	58	the	the	DET
cjal-3180	37	59	majority	majority	NOUN
cjal-3180	37	60	group	group	NOUN
cjal-3180	37	61	was	be	AUX
cjal-3180	37	62	given	give	VERB
cjal-3180	37	63	a	a	DET
cjal-3180	37	64	choice	choice	NOUN
cjal-3180	37	65	between	between	ADP
cjal-3180	37	66	different	different	ADJ
cjal-3180	37	67	forms	form	NOUN
cjal-3180	37	68	of	of	ADP
cjal-3180	37	69	consideration	consideration	NOUN
cjal-3180	37	70	,	,	PUNCT
cjal-3180	37	71	dissenters	dissenter	NOUN
cjal-3180	37	72	must	must	AUX
cjal-3180	37	73	get	get	VERB
cjal-3180	37	74	the	the	DET
cjal-3180	37	75	same	same	ADJ
cjal-3180	37	76	choice	choice	NOUN
cjal-3180	37	77	.	.	PUNCT
cjal-3180	38	1	13	13	NUM
cjal-3180	38	2	.	.	PUNCT
cjal-3180	38	3	primarily	primarily	ADV
cjal-3180	38	4	by	by	ADP
cjal-3180	38	5	requiring	require	VERB
cjal-3180	38	6	disclosure	disclosure	NOUN
cjal-3180	38	7	of	of	ADP
cjal-3180	38	8	certain	certain	ADJ
cjal-3180	38	9	types	type	NOUN
cjal-3180	38	10	of	of	ADP
cjal-3180	38	11	information	information	NOUN
cjal-3180	38	12	.	.	PUNCT
cjal-3180	39	1	14	14	NUM
cjal-3180	39	2	.	.	PUNCT
cjal-3180	39	3	notably	notably	ADV
cjal-3180	39	4	by	by	ADP
cjal-3180	39	5	criminalizing	criminalize	VERB
cjal-3180	39	6	unjustified	unjustified	ADJ
cjal-3180	39	7	,	,	PUNCT
cjal-3180	39	8	reckless	reckless	ADJ
cjal-3180	39	9	,	,	PUNCT
cjal-3180	39	10	or	or	CCONJ
cjal-3180	39	11	false	false	ADJ
cjal-3180	39	12	forecasts	forecast	NOUN
cjal-3180	39	13	,	,	PUNCT
cjal-3180	39	14	statements	statement	NOUN
cjal-3180	39	15	or	or	CCONJ
cjal-3180	39	16	promises	promise	NOUN
cjal-3180	39	17	.	.	PUNCT
cjal-3180	40	1	15	15	X
cjal-3180	40	2	.	.	PUNCT
cjal-3180	41	1	originally	originally	ADV
cjal-3180	41	2	the	the	DET
cjal-3180	41	3	securities	security	NOUN
cjal-3180	41	4	ordinance	ordinance	NOUN
cjal-3180	41	5	intended	intend	VERB
cjal-3180	41	6	to	to	PART
cjal-3180	41	7	regulate	regulate	VERB
cjal-3180	41	8	takeovers	takeover	NOUN
cjal-3180	41	9	,	,	PUNCT
cjal-3180	41	10	but	but	CCONJ
cjal-3180	41	11	"	"	PUNCT
cjal-3180	41	12	there	there	PRON
cjal-3180	41	13	was	be	VERB
cjal-3180	41	14	much	much	ADJ
cjal-3180	41	15	opposition	opposition	NOUN
cjal-3180	41	16	to	to	ADP
cjal-3180	41	17	this	this	DET
cjal-3180	41	18	proposed	propose	VERB
cjal-3180	41	19	regulation	regulation	NOUN
cjal-3180	41	20	,	,	PUNCT
cjal-3180	41	21	and	and	CCONJ
cjal-3180	41	22	the	the	DET
cjal-3180	41	23	take	take	VERB
cjal-3180	41	24	-	-	PUNCT
cjal-3180	41	25	over	over	ADP
cjal-3180	41	26	provisions	provision	NOUN
cjal-3180	41	27	of	of	ADP
cjal-3180	41	28	the	the	DET
cjal-3180	41	29	draft	draft	NOUN
cjal-3180	41	30	bill	bill	NOUN
cjal-3180	41	31	never	never	ADV
cjal-3180	41	32	became	become	VERB
cjal-3180	41	33	law	law	NOUN
cjal-3180	41	34	.	.	PUNCT
cjal-3180	41	35	"	"	PUNCT
cjal-3180	42	1	see	see	VERB
cjal-3180	42	2	h.	h.	PROPN
cjal-3180	42	3	leigh	leigh	PROPN
cjal-3180	42	4	ffrench	ffrench	PROPN
cjal-3180	42	5	,	,	PUNCT
cjal-3180	42	6	international	international	ADJ
cjal-3180	42	7	law	law	NOUN
cjal-3180	42	8	of	of	ADP
cjal-3180	42	9	takeovers	takeover	NOUN
cjal-3180	42	10	and	and	CCONJ
cjal-3180	42	11	mergers	merger	NOUN
cjal-3180	42	12	:	:	PUNCT
cjal-3180	42	13	asia	asia	PROPN
cjal-3180	42	14	,	,	PUNCT
cjal-3180	42	15	australia	australia	PROPN
cjal-3180	42	16	,	,	PUNCT
cjal-3180	42	17	and	and	CCONJ
cjal-3180	42	18	oceania	oceania	PROPN
cjal-3180	42	19	56	56	NUM
cjal-3180	42	20	(	(	PUNCT
cjal-3180	42	21	1986	1986	NUM
cjal-3180	42	22	)	)	PUNCT
cjal-3180	42	23	.	.	PUNCT
cjal-3180	43	1	16	16	NUM
cjal-3180	43	2	.	.	PUNCT
cjal-3180	44	1	i	i	PRON
cjal-3180	44	2	d.	d.	PROPN
cjal-3180	44	3	,	,	PUNCT
cjal-3180	44	4	at	at	ADP
cjal-3180	44	5	64	64	NUM
cjal-3180	44	6	.	.	PUNCT
cjal-3180	44	7	17	17	NUM
cjal-3180	44	8	.	.	PUNCT
cjal-3180	44	9	see	see	VERB
cjal-3180	44	10	1968	1968	NUM
cjal-3180	44	11	williams	williams	PROPN
cjal-3180	44	12	act	act	VERB
cjal-3180	44	13	amendments	amendment	NOUN
cjal-3180	44	14	to	to	ADP
cjal-3180	44	15	the	the	DET
cjal-3180	44	16	securities	securities	PROPN
cjal-3180	44	17	exchange	exchange	PROPN
cjal-3180	44	18	act	act	NOUN
cjal-3180	44	19	of	of	ADP
cjal-3180	44	20	1934	1934	NUM
cjal-3180	44	21	(	(	PUNCT
cjal-3180	44	22	exchange	exchange	PROPN
cjal-3180	44	23	act	act	PROPN
cjal-3180	44	24	)	)	PUNCT
cjal-3180	44	25	,	,	PUNCT
cjal-3180	44	26	15	15	NUM
cjal-3180	44	27	u.s.c.a	u.s.c.a	PROPN
cjal-3180	44	28	.	.	PUNCT
cjal-3180	45	1	§	§	PROPN
cjal-3180	45	2	78	78	NUM
cjal-3180	45	3	(	(	PUNCT
cjal-3180	45	4	1994	1994	NUM
cjal-3180	45	5	)	)	PUNCT
cjal-3180	45	6	.	.	PUNCT
cjal-3180	46	1	18	18	NUM
cjal-3180	46	2	.	.	PUNCT
cjal-3180	46	3	see	see	VERB
cjal-3180	46	4	the	the	DET
cjal-3180	46	5	companies	company	NOUN
cjal-3180	46	6	(	(	PUNCT
cjal-3180	46	7	acquisition	acquisition	NOUN
cjal-3180	46	8	of	of	ADP
cjal-3180	46	9	shares	share	NOUN
cjal-3180	46	10	)	)	PUNCT
cjal-3180	46	11	act	act	NOUN
cjal-3180	46	12	(	(	PUNCT
cjal-3180	46	13	austl	austl	NOUN
cjal-3180	46	14	.	.	PUNCT
cjal-3180	46	15	)	)	PUNCT
cjal-3180	46	16	.	.	PUNCT
cjal-3180	47	1	19	19	NUM
cjal-3180	47	2	.	.	PUNCT
cjal-3180	47	3	ffrench	ffrench	ADJ
cjal-3180	47	4	,	,	PUNCT
cjal-3180	47	5	supra	supra	PROPN
cjal-3180	47	6	note	note	NOUN
cjal-3180	47	7	15	15	NUM
cjal-3180	47	8	,	,	PUNCT
cjal-3180	47	9	at93	at93	PROPN
cjal-3180	47	10	n.	n.	NOUN
cjal-3180	47	11	2	2	NUM
cjal-3180	47	12	.	.	PUNCT
cjal-3180	48	1	(	(	PUNCT
cjal-3180	48	2	arguing	argue	VERB
cjal-3180	48	3	that	that	SCONJ
cjal-3180	48	4	singapore	singapore	PROPN
cjal-3180	48	5	's	's	PART
cjal-3180	48	6	takeover	takeover	NOUN
cjal-3180	48	7	andmerger	andmerg	ADJ
cjal-3180	48	8	code	code	NOUN
cjal-3180	48	9	utilizes	utilize	VERB
cjal-3180	48	10	both	both	CCONJ
cjal-3180	48	11	the	the	DET
cjal-3180	48	12	u.s	u.s	PROPN
cjal-3180	48	13	.	.	PROPN
cjal-3180	48	14	and	and	CCONJ
cjal-3180	48	15	the	the	DET
cjal-3180	48	16	british	british	ADJ
cjal-3180	48	17	approaches	approach	NOUN
cjal-3180	48	18	to	to	ADP
cjal-3180	48	19	regulating	regulate	VERB
cjal-3180	48	20	these	these	DET
cjal-3180	48	21	transactions	transaction	NOUN
cjal-3180	48	22	by	by	ADP
cjal-3180	48	23	combining	combine	VERB
cjal-3180	48	24	provisions	provision	NOUN
cjal-3180	48	25	based	base	VERB
cjal-3180	48	26	on	on	ADP
cjal-3180	48	27	the	the	DET
cjal-3180	48	28	london	london	PROPN
cjal-3180	48	29	city	city	PROPN
cjal-3180	48	30	code	code	NOUN
cjal-3180	48	31	with	with	ADP
cjal-3180	48	32	statutory	statutory	ADJ
cjal-3180	48	33	regulation	regulation	NOUN
cjal-3180	48	34	and	and	CCONJ
cjal-3180	48	35	legal	legal	ADJ
cjal-3180	48	36	enforcement	enforcement	NOUN
cjal-3180	48	37	.	.	PUNCT
cjal-3180	48	38	)	)	PUNCT
cjal-3180	49	1	20	20	NUM
cjal-3180	49	2	.	.	PUNCT
cjal-3180	50	1	hong	hong	PROPN
cjal-3180	50	2	kong	kong	PROPN
cjal-3180	50	3	code	code	PROPN
cjal-3180	50	4	on	on	ADP
cjal-3180	50	5	mergers	merger	NOUN
cjal-3180	50	6	and	and	CCONJ
cjal-3180	50	7	takeovers	takeover	NOUN
cjal-3180	50	8	.	.	PUNCT
cjal-3180	51	1	§	§	PROPN
cjal-3180	51	2	.	.	PROPN
cjal-3180	51	3	1998	1998	NUM
cjal-3180	51	4	]	]	PUNCT
cjal-3180	51	5	columbia	columbia	PROPN
cjal-3180	51	6	journal	journal	PROPN
cjal-3180	51	7	of	of	ADP
cjal-3180	51	8	asian	asian	ADJ
cjal-3180	51	9	law	law	NOUN
cjal-3180	51	10	as	as	ADP
cjal-3180	51	11	a	a	DET
cjal-3180	51	12	former	former	ADJ
cjal-3180	51	13	member	member	NOUN
cjal-3180	51	14	of	of	ADP
cjal-3180	51	15	hong	hong	PROPN
cjal-3180	51	16	kong	kong	PROPN
cjal-3180	51	17	's	's	PART
cjal-3180	51	18	committee	committee	NOUN
cjal-3180	51	19	on	on	ADP
cjal-3180	51	20	takeovers	takeover	NOUN
cjal-3180	51	21	and	and	CCONJ
cjal-3180	51	22	mergers	merger	NOUN
cjal-3180	51	23	(	(	PUNCT
cjal-3180	51	24	the	the	DET
cjal-3180	51	25	"	"	PUNCT
cjal-3180	51	26	takeovers	takeover	NOUN
cjal-3180	51	27	committee")2	committee")2	PROPN
cjal-3180	51	28	'	'	PART
cjal-3180	51	29	notes	note	NOUN
cjal-3180	51	30	,	,	PUNCT
cjal-3180	51	31	"	"	PUNCT
cjal-3180	51	32	the	the	DET
cjal-3180	51	33	code	code	NOUN
cjal-3180	51	34	,	,	PUNCT
cjal-3180	51	35	then	then	ADV
cjal-3180	51	36	,	,	PUNCT
cjal-3180	51	37	is	be	AUX
cjal-3180	51	38	not	not	PART
cjal-3180	51	39	legally	legally	ADV
cjal-3180	51	40	enforceable	enforceable	ADJ
cjal-3180	51	41	.	.	PUNCT
cjal-3180	52	1	no	no	DET
cjal-3180	52	2	one	one	NOUN
cjal-3180	52	3	can	can	AUX
cjal-3180	52	4	be	be	AUX
cjal-3180	52	5	prosecuted	prosecute	VERB
cjal-3180	52	6	for	for	ADP
cjal-3180	52	7	not	not	PART
cjal-3180	52	8	complying	comply	VERB
cjal-3180	52	9	with	with	ADP
cjal-3180	52	10	it	it	PRON
cjal-3180	52	11	,	,	PUNCT
cjal-3180	52	12	nor	nor	CCONJ
cjal-3180	52	13	can	can	AUX
cjal-3180	52	14	any	any	DET
cjal-3180	52	15	party	party	NOUN
cjal-3180	52	16	bring	bring	VERB
cjal-3180	52	17	an	an	DET
cjal-3180	52	18	action	action	NOUN
cjal-3180	52	19	in	in	ADP
cjal-3180	52	20	law	law	NOUN
cjal-3180	52	21	seeking	seek	VERB
cjal-3180	52	22	to	to	PART
cjal-3180	52	23	rely	rely	VERB
cjal-3180	52	24	upon	upon	SCONJ
cjal-3180	52	25	it	it	PRON
cjal-3180	52	26	to	to	PART
cjal-3180	52	27	enforce	enforce	VERB
cjal-3180	52	28	a	a	DET
cjal-3180	52	29	contract	contract	NOUN
cjal-3180	52	30	or	or	CCONJ
cjal-3180	52	31	to	to	PART
cjal-3180	52	32	avoid	avoid	VERB
cjal-3180	52	33	an	an	DET
cjal-3180	52	34	obligation	obligation	NOUN
cjal-3180	52	35	.	.	PUNCT
cjal-3180	53	1	'	'	NUM
cjal-3180	53	2	22	22	NUM
cjal-3180	53	3	the	the	DET
cjal-3180	53	4	code	code	NOUN
cjal-3180	53	5	's	's	PART
cjal-3180	53	6	only	only	ADJ
cjal-3180	53	7	means	mean	NOUN
cjal-3180	53	8	of	of	ADP
cjal-3180	53	9	encouraging	encourage	VERB
cjal-3180	53	10	or	or	CCONJ
cjal-3180	53	11	enforcing	enforce	VERB
cjal-3180	53	12	compliance	compliance	NOUN
cjal-3180	53	13	is	be	AUX
cjal-3180	53	14	the	the	DET
cjal-3180	53	15	power	power	NOUN
cjal-3180	53	16	of	of	ADP
cjal-3180	53	17	the	the	DET
cjal-3180	53	18	takeovers	takeover	NOUN
cjal-3180	53	19	committee	committee	PROPN
cjal-3180	53	20	to	to	PART
cjal-3180	53	21	privately	privately	ADV
cjal-3180	53	22	or	or	CCONJ
cjal-3180	53	23	publicly	publicly	ADV
cjal-3180	53	24	censure	censure	ADJ
cjal-3180	53	25	parties	party	NOUN
cjal-3180	53	26	that	that	PRON
cjal-3180	53	27	breach	breach	VERB
cjal-3180	53	28	its	its	PRON
cjal-3180	53	29	provisions.23	provisions.23	ADJ
cjal-3180	53	30	professional	professional	ADJ
cjal-3180	53	31	disapproval	disapproval	NOUN
cjal-3180	53	32	of	of	ADP
cjal-3180	53	33	such	such	ADJ
cjal-3180	53	34	actions	action	NOUN
cjal-3180	53	35	provides	provide	VERB
cjal-3180	53	36	further	further	ADJ
cjal-3180	53	37	incentive	incentive	NOUN
cjal-3180	53	38	and	and	CCONJ
cjal-3180	53	39	there	there	PRON
cjal-3180	53	40	is	be	VERB
cjal-3180	53	41	always	always	ADV
cjal-3180	53	42	the	the	DET
cjal-3180	53	43	possibility	possibility	NOUN
cjal-3180	53	44	that	that	SCONJ
cjal-3180	53	45	other	other	ADJ
cjal-3180	53	46	organizations	organization	NOUN
cjal-3180	53	47	,	,	PUNCT
cjal-3180	53	48	such	such	ADJ
cjal-3180	53	49	as	as	ADP
cjal-3180	53	50	hong	hong	PROPN
cjal-3180	53	51	kong	kong	PROPN
cjal-3180	53	52	's	's	PART
cjal-3180	53	53	stock	stock	NOUN
cjal-3180	53	54	exchange	exchange	NOUN
cjal-3180	53	55	,	,	PUNCT
cjal-3180	53	56	would	would	AUX
cjal-3180	53	57	"	"	PUNCT
cjal-3180	53	58	add	add	VERB
cjal-3180	53	59	the	the	DET
cjal-3180	53	60	sanctions	sanction	NOUN
cjal-3180	53	61	of	of	ADP
cjal-3180	53	62	delisting	delisting	NOUN
cjal-3180	53	63	and	and	CCONJ
cjal-3180	53	64	punishment	punishment	NOUN
cjal-3180	53	65	of	of	ADP
cjal-3180	53	66	brokers	broker	NOUN
cjal-3180	53	67	to	to	ADP
cjal-3180	53	68	the	the	DET
cjal-3180	53	69	committee	committee	NOUN
cjal-3180	53	70	's	's	PART
cjal-3180	53	71	powers	power	NOUN
cjal-3180	53	72	of	of	ADP
cjal-3180	53	73	public	public	ADJ
cjal-3180	53	74	and	and	CCONJ
cjal-3180	53	75	private	private	ADJ
cjal-3180	53	76	censure	censure	NOUN
cjal-3180	53	77	.	.	PUNCT
cjal-3180	54	1	"24	"24	PROPN
cjal-3180	54	2	however	however	ADV
cjal-3180	54	3	,	,	PUNCT
cjal-3180	54	4	this	this	DET
cjal-3180	54	5	lack	lack	NOUN
cjal-3180	54	6	of	of	ADP
cjal-3180	54	7	direct	direct	ADJ
cjal-3180	54	8	legal	legal	ADJ
cjal-3180	54	9	sanctions	sanction	NOUN
cjal-3180	54	10	has	have	AUX
cjal-3180	54	11	led	lead	VERB
cjal-3180	54	12	commentators	commentator	NOUN
cjal-3180	54	13	to	to	PART
cjal-3180	54	14	say	say	VERB
cjal-3180	54	15	that	that	SCONJ
cjal-3180	54	16	"	"	PUNCT
cjal-3180	54	17	there	there	PRON
cjal-3180	54	18	are	be	VERB
cjal-3180	54	19	great	great	ADJ
cjal-3180	54	20	rules	rule	NOUN
cjal-3180	54	21	on	on	ADP
cjal-3180	54	22	the	the	DET
cjal-3180	54	23	books	book	NOUN
cjal-3180	54	24	,	,	PUNCT
cjal-3180	54	25	but	but	CCONJ
cjal-3180	54	26	[	[	X
cjal-3180	54	27	they	they	PRON
cjal-3180	54	28	have	have	VERB
cjal-3180	54	29	]	]	X
cjal-3180	54	30	no	no	DET
cjal-3180	54	31	teeth	tooth	NOUN
cjal-3180	54	32	.	.	PUNCT
cjal-3180	54	33	"	"	PUNCT
cjal-3180	55	1	5	5	NUM
cjal-3180	55	2	organizationally	organizationally	ADV
cjal-3180	55	3	,	,	PUNCT
cjal-3180	55	4	the	the	DET
cjal-3180	55	5	code	code	NOUN
cjal-3180	55	6	is	be	AUX
cjal-3180	55	7	divided	divide	VERB
cjal-3180	55	8	into	into	ADP
cjal-3180	55	9	"	"	PUNCT
cjal-3180	55	10	general	general	ADJ
cjal-3180	55	11	principles	principle	NOUN
cjal-3180	55	12	"	"	PUNCT
cjal-3180	55	13	,	,	PUNCT
cjal-3180	55	14	which	which	PRON
cjal-3180	55	15	define	define	VERB
cjal-3180	55	16	"	"	PUNCT
cjal-3180	55	17	acceptable	acceptable	ADJ
cjal-3180	55	18	standards	standard	NOUN
cjal-3180	55	19	of	of	ADP
cjal-3180	55	20	commercial	commercial	ADJ
cjal-3180	55	21	behavior",26	behavior",26	NOUN
cjal-3180	55	22	and	and	CCONJ
cjal-3180	55	23	"	"	PUNCT
cjal-3180	55	24	rules	rule	NOUN
cjal-3180	55	25	"	"	PUNCT
cjal-3180	55	26	that	that	PRON
cjal-3180	55	27	provide	provide	VERB
cjal-3180	55	28	either	either	CCONJ
cjal-3180	55	29	specific	specific	ADJ
cjal-3180	55	30	procedures	procedure	NOUN
cjal-3180	55	31	to	to	PART
cjal-3180	55	32	follow	follow	VERB
cjal-3180	55	33	or	or	CCONJ
cjal-3180	55	34	give	give	VERB
cjal-3180	55	35	"	"	PUNCT
cjal-3180	55	36	examples	example	NOUN
cjal-3180	55	37	of	of	ADP
cjal-3180	55	38	the	the	DET
cjal-3180	55	39	application	application	NOUN
cjal-3180	55	40	of	of	ADP
cjal-3180	55	41	the	the	DET
cjal-3180	55	42	general	general	ADJ
cjal-3180	55	43	principles	principle	NOUN
cjal-3180	55	44	.	.	PUNCT
cjal-3180	56	1	,	,	PUNCT
cjal-3180	56	2	27	27	NUM
cjal-3180	56	3	mere	mere	ADJ
cjal-3180	56	4	technical	technical	ADJ
cjal-3180	56	5	compliance	compliance	NOUN
cjal-3180	56	6	is	be	AUX
cjal-3180	56	7	not	not	PART
cjal-3180	56	8	sufficient	sufficient	ADJ
cjal-3180	56	9	since	since	SCONJ
cjal-3180	56	10	general	general	ADJ
cjal-3180	56	11	principle	principle	ADJ
cjal-3180	56	12	1	1	NUM
cjal-3180	56	13	mandates	mandate	NOUN
cjal-3180	56	14	that	that	PRON
cjal-3180	56	15	parties	party	NOUN
cjal-3180	56	16	"	"	PUNCT
cjal-3180	56	17	observe	observe	VERB
cjal-3180	56	18	the	the	DET
cjal-3180	56	19	spirit	spirit	NOUN
cjal-3180	56	20	as	as	ADV
cjal-3180	56	21	well	well	ADV
cjal-3180	56	22	as	as	ADP
cjal-3180	56	23	the	the	DET
cjal-3180	56	24	precise	precise	ADJ
cjal-3180	56	25	wording	wording	NOUN
cjal-3180	56	26	of	of	ADP
cjal-3180	56	27	the	the	DET
cjal-3180	56	28	general	general	ADJ
cjal-3180	56	29	principles	principle	NOUN
cjal-3180	56	30	and	and	CCONJ
cjal-3180	56	31	the	the	DET
cjal-3180	56	32	rules	rule	NOUN
cjal-3180	56	33	.	.	PUNCT
cjal-3180	57	1	"28	"28	VERB
cjal-3180	57	2	arguably	arguably	ADV
cjal-3180	57	3	this	this	DET
cjal-3180	57	4	method	method	NOUN
cjal-3180	57	5	avoids	avoid	VERB
cjal-3180	57	6	the	the	DET
cjal-3180	57	7	necessity	necessity	NOUN
cjal-3180	57	8	for	for	ADP
cjal-3180	57	9	complex	complex	ADJ
cjal-3180	57	10	technical	technical	ADJ
cjal-3180	57	11	regulations	regulation	NOUN
cjal-3180	57	12	and	and	CCONJ
cjal-3180	57	13	makes	make	VERB
cjal-3180	57	14	compliance	compliance	NOUN
cjal-3180	57	15	and	and	CCONJ
cjal-3180	57	16	enforcement	enforcement	NOUN
cjal-3180	57	17	easier	easy	ADJ
cjal-3180	57	18	and	and	CCONJ
cjal-3180	57	19	more	more	ADJ
cjal-3180	57	20	efficient.29	efficient.29	NOUN
cjal-3180	57	21	however	however	ADV
cjal-3180	57	22	,	,	PUNCT
cjal-3180	57	23	such	such	DET
cjal-3180	57	24	a	a	DET
cjal-3180	57	25	system	system	NOUN
cjal-3180	57	26	assumes	assume	VERB
cjal-3180	57	27	a	a	DET
cjal-3180	57	28	certain	certain	ADJ
cjal-3180	57	29	shared	share	VERB
cjal-3180	57	30	value	value	NOUN
cjal-3180	57	31	system	system	NOUN
cjal-3180	57	32	and	and	CCONJ
cjal-3180	57	33	cultural	cultural	ADJ
cjal-3180	57	34	norms	norm	NOUN
cjal-3180	57	35	that	that	SCONJ
cjal-3180	57	36	,	,	PUNCT
cjal-3180	57	37	for	for	ADP
cjal-3180	57	38	various	various	ADJ
cjal-3180	57	39	reasons	reason	NOUN
cjal-3180	57	40	,	,	PUNCT
cjal-3180	57	41	may	may	AUX
cjal-3180	57	42	no	no	ADV
cjal-3180	57	43	longer	long	ADV
cjal-3180	57	44	exist.30	exist.30	VERB
cjal-3180	57	45	still	still	ADV
cjal-3180	57	46	,	,	PUNCT
cjal-3180	57	47	21	21	NUM
cjal-3180	57	48	.	.	PUNCT
cjal-3180	58	1	the	the	DET
cjal-3180	58	2	takeovers	takeover	NOUN
cjal-3180	58	3	committee	committee	NOUN
cjal-3180	58	4	administers	administer	VERB
cjal-3180	58	5	the	the	DET
cjal-3180	58	6	code	code	NOUN
cjal-3180	58	7	pursuant	pursuant	NOUN
cjal-3180	58	8	to	to	ADP
cjal-3180	58	9	section	section	NOUN
cjal-3180	58	10	16	16	NUM
cjal-3180	58	11	of	of	ADP
cjal-3180	58	12	the	the	DET
cjal-3180	58	13	securities	security	NOUN
cjal-3180	58	14	ordinance	ordinance	NOUN
cjal-3180	58	15	,	,	PUNCT
cjal-3180	58	16	which	which	PRON
cjal-3180	58	17	allows	allow	VERB
cjal-3180	58	18	the	the	DET
cjal-3180	58	19	securities	security	NOUN
cjal-3180	58	20	commission	commission	PROPN
cjal-3180	58	21	to	to	PART
cjal-3180	58	22	establish	establish	VERB
cjal-3180	58	23	and	and	CCONJ
cjal-3180	58	24	delegate	delegate	ADJ
cjal-3180	58	25	responsibility	responsibility	NOUN
cjal-3180	58	26	to	to	ADP
cjal-3180	58	27	committees	committee	NOUN
cjal-3180	58	28	that	that	PRON
cjal-3180	58	29	may	may	AUX
cjal-3180	58	30	regulate	regulate	VERB
cjal-3180	58	31	their	their	PRON
cjal-3180	58	32	own	own	ADJ
cjal-3180	58	33	procedure	procedure	NOUN
cjal-3180	58	34	as	as	SCONJ
cjal-3180	58	35	they	they	PRON
cjal-3180	58	36	see	see	VERB
cjal-3180	58	37	fit	fit	ADJ
cjal-3180	58	38	.	.	PUNCT
cjal-3180	59	1	derek	derek	PROPN
cjal-3180	59	2	j.m	j.m	PROPN
cjal-3180	59	3	.	.	PROPN
cjal-3180	59	4	murphy	murphy	PROPN
cjal-3180	59	5	,	,	PUNCT
cjal-3180	59	6	a	a	DET
cjal-3180	59	7	guide	guide	NOUN
cjal-3180	59	8	to	to	ADP
cjal-3180	59	9	the	the	DET
cjal-3180	59	10	hong	hong	PROPN
cjal-3180	59	11	kong	kong	PROPN
cjal-3180	59	12	code	code	PROPN
cjal-3180	59	13	on	on	ADP
cjal-3180	59	14	takeovers	takeover	NOUN
cjal-3180	59	15	and	and	CCONJ
cjal-3180	59	16	mergers	merger	NOUN
cjal-3180	59	17	5	5	NUM
cjal-3180	59	18	(	(	PUNCT
cjal-3180	59	19	1988	1988	NUM
cjal-3180	59	20	)	)	PUNCT
cjal-3180	59	21	.	.	PUNCT
cjal-3180	60	1	22	22	NUM
cjal-3180	60	2	.	.	PUNCT
cjal-3180	61	1	i	i	PRON
cjal-3180	61	2	d.	d.	PROPN
cjal-3180	61	3	,	,	PUNCT
cjal-3180	61	4	at	at	ADP
cjal-3180	61	5	4	4	NUM
cjal-3180	61	6	.	.	NOUN
cjal-3180	61	7	23	23	NUM
cjal-3180	61	8	.	.	PUNCT
cjal-3180	62	1	ffrench	ffrench	ADJ
cjal-3180	62	2	,	,	PUNCT
cjal-3180	62	3	supra	supra	PROPN
cjal-3180	62	4	note	note	NOUN
cjal-3180	62	5	15	15	NUM
cjal-3180	62	6	,	,	PUNCT
cjal-3180	62	7	at	at	ADP
cjal-3180	62	8	64	64	NUM
cjal-3180	62	9	.	.	PUNCT
cjal-3180	63	1	24	24	NUM
cjal-3180	63	2	.	.	PUNCT
cjal-3180	64	1	i	i	PRON
cjal-3180	64	2	d.	d.	PROPN
cjal-3180	64	3	,	,	PUNCT
cjal-3180	64	4	at	at	ADP
cjal-3180	64	5	93	93	NUM
cjal-3180	64	6	.	.	PUNCT
cjal-3180	65	1	25	25	NUM
cjal-3180	65	2	.	.	PUNCT
cjal-3180	66	1	clifford	clifford	PROPN
cjal-3180	66	2	,	,	PUNCT
cjal-3180	66	3	supra	supra	PROPN
cjal-3180	66	4	note	note	PROPN
cjal-3180	66	5	7	7	NUM
cjal-3180	66	6	,	,	PUNCT
cjal-3180	66	7	at	at	ADP
cjal-3180	66	8	42	42	NUM
cjal-3180	66	9	(	(	PUNCT
cjal-3180	66	10	quoting	quote	VERB
cjal-3180	66	11	an	an	DET
cjal-3180	66	12	unnamed	unnamed	ADJ
cjal-3180	66	13	western	western	ADJ
cjal-3180	66	14	analyst	analyst	NOUN
cjal-3180	66	15	)	)	PUNCT
cjal-3180	66	16	.	.	PUNCT
cjal-3180	67	1	26	26	NUM
cjal-3180	67	2	.	.	PUNCT
cjal-3180	67	3	introduction	introduction	NOUN
cjal-3180	67	4	,	,	PUNCT
cjal-3180	67	5	hong	hong	PROPN
cjal-3180	67	6	kong	kong	PROPN
cjal-3180	67	7	code	code	PROPN
cjal-3180	67	8	on	on	ADP
cjal-3180	67	9	mergers	merger	NOUN
cjal-3180	67	10	and	and	CCONJ
cjal-3180	67	11	takeovers	takeover	NOUN
cjal-3180	67	12	,	,	PUNCT
cjal-3180	67	13	§	§	NOUN
cjal-3180	67	14	2	2	NUM
cjal-3180	67	15	.	.	SYM
cjal-3180	67	16	27	27	NUM
cjal-3180	67	17	.	.	PUNCT
cjal-3180	68	1	ffrench	ffrench	ADJ
cjal-3180	68	2	,	,	PUNCT
cjal-3180	68	3	supra	supra	PROPN
cjal-3180	68	4	note	note	NOUN
cjal-3180	68	5	15	15	NUM
cjal-3180	68	6	,	,	PUNCT
cjal-3180	68	7	at	at	ADP
cjal-3180	68	8	64	64	NUM
cjal-3180	68	9	.	.	PUNCT
cjal-3180	68	10	28	28	NUM
cjal-3180	68	11	.	.	PUNCT
cjal-3180	69	1	general	general	ADJ
cjal-3180	69	2	principle	principle	NOUN
cjal-3180	69	3	no	no	INTJ
cjal-3180	69	4	.	.	NOUN
cjal-3180	69	5	1	1	NUM
cjal-3180	69	6	,	,	PUNCT
cjal-3180	69	7	hong	hong	PROPN
cjal-3180	69	8	kong	kong	PROPN
cjal-3180	69	9	code	code	PROPN
cjal-3180	69	10	on	on	ADP
cjal-3180	69	11	mergers	merger	NOUN
cjal-3180	69	12	and	and	CCONJ
cjal-3180	69	13	takeovers	takeover	NOUN
cjal-3180	69	14	.	.	PUNCT
cjal-3180	70	1	29	29	NUM
cjal-3180	70	2	.	.	PUNCT
cjal-3180	71	1	ffrench	ffrench	ADJ
cjal-3180	71	2	,	,	PUNCT
cjal-3180	71	3	supra	supra	PROPN
cjal-3180	71	4	note	note	NOUN
cjal-3180	71	5	15	15	NUM
cjal-3180	71	6	,	,	PUNCT
cjal-3180	71	7	at	at	ADP
cjal-3180	71	8	69	69	NUM
cjal-3180	71	9	.	.	PUNCT
cjal-3180	71	10	30	30	NUM
cjal-3180	71	11	.	.	PUNCT
cjal-3180	72	1	for	for	ADP
cjal-3180	72	2	instance	instance	NOUN
cjal-3180	72	3	,	,	PUNCT
cjal-3180	72	4	one	one	NUM
cjal-3180	72	5	interpretation	interpretation	NOUN
cjal-3180	72	6	of	of	ADP
cjal-3180	72	7	the	the	DET
cjal-3180	72	8	"	"	PUNCT
cjal-3180	72	9	spirit	spirit	NOUN
cjal-3180	72	10	"	"	PUNCT
cjal-3180	72	11	of	of	ADP
cjal-3180	72	12	the	the	DET
cjal-3180	72	13	code	code	NOUN
cjal-3180	72	14	is	be	AUX
cjal-3180	72	15	to	to	PART
cjal-3180	72	16	"	"	PUNCT
cjal-3180	72	17	render	render	VERB
cjal-3180	72	18	liable	liable	ADJ
cjal-3180	72	19	any	any	DET
cjal-3180	72	20	unethical	unethical	ADJ
cjal-3180	72	21	or	or	CCONJ
cjal-3180	72	22	dishonest	dishonest	ADJ
cjal-3180	72	23	conduct	conduct	NOUN
cjal-3180	72	24	.	.	PUNCT
cjal-3180	72	25	"	"	PUNCT
cjal-3180	73	1	ffrench	ffrench	ADJ
cjal-3180	73	2	,	,	PUNCT
cjal-3180	73	3	supra	supra	PROPN
cjal-3180	73	4	note	note	NOUN
cjal-3180	73	5	15	15	NUM
cjal-3180	73	6	,	,	PUNCT
cjal-3180	73	7	at	at	ADP
cjal-3180	73	8	69	69	NUM
cjal-3180	73	9	.	.	PUNCT
cjal-3180	74	1	to	to	ADP
cjal-3180	74	2	the	the	DET
cjal-3180	74	3	extent	extent	NOUN
cjal-3180	74	4	that	that	SCONJ
cjal-3180	74	5	firms	firm	NOUN
cjal-3180	74	6	from	from	ADP
cjal-3180	74	7	parts	part	NOUN
cjal-3180	74	8	of	of	ADP
cjal-3180	74	9	the	the	DET
cjal-3180	74	10	world	world	NOUN
cjal-3180	74	11	where	where	SCONJ
cjal-3180	74	12	cultures	culture	NOUN
cjal-3180	74	13	and	and	CCONJ
cjal-3180	74	14	business	business	NOUN
cjal-3180	74	15	methods	method	NOUN
cjal-3180	74	16	differ	differ	VERB
cjal-3180	74	17	substantially	substantially	ADV
cjal-3180	74	18	from	from	ADP
cjal-3180	74	19	those	those	PRON
cjal-3180	74	20	practiced	practice	VERB
cjal-3180	74	21	in	in	ADP
cjal-3180	74	22	hong	hong	PROPN
cjal-3180	74	23	kong	kong	PROPN
cjal-3180	74	24	now	now	ADV
cjal-3180	74	25	operate	operate	VERB
cjal-3180	74	26	there	there	ADV
cjal-3180	74	27	,	,	PUNCT
cjal-3180	74	28	forming	form	VERB
cjal-3180	74	29	a	a	DET
cjal-3180	74	30	consensus	consensus	NOUN
cjal-3180	74	31	on	on	ADP
cjal-3180	74	32	the	the	DET
cjal-3180	74	33	meaning	meaning	NOUN
cjal-3180	74	34	of	of	ADP
cjal-3180	74	35	the	the	DET
cjal-3180	74	36	"	"	PUNCT
cjal-3180	74	37	spirit	spirit	NOUN
cjal-3180	74	38	"	"	PUNCT
cjal-3180	74	39	of	of	ADP
cjal-3180	74	40	the	the	DET
cjal-3180	74	41	code	code	NOUN
cjal-3180	74	42	may	may	AUX
cjal-3180	74	43	be	be	AUX
cjal-3180	74	44	difficult	difficult	ADJ
cjal-3180	74	45	.	.	PUNCT
cjal-3180	75	1	see	see	VERB
cjal-3180	75	2	also	also	ADV
cjal-3180	75	3	kenneth	kenneth	PROPN
cjal-3180	75	4	u.	u.	PROPN
cjal-3180	75	5	surjadinata	surjadinata	PROPN
cjal-3180	75	6	,	,	PUNCT
cjal-3180	75	7	revisiting	revisit	VERB
cjal-3180	75	8	corrupt	corrupt	ADJ
cjal-3180	75	9	practices	practice	NOUN
cjal-3180	75	10	from	from	ADP
cjal-3180	75	11	a	a	DET
cjal-3180	75	12	market	market	NOUN
cjal-3180	75	13	perspective	perspective	NOUN
cjal-3180	75	14	,	,	PUNCT
cjal-3180	75	15	12	12	NUM
cjal-3180	75	16	emory	emory	PROPN
cjal-3180	75	17	int'l	int'l	PROPN
cjal-3180	75	18	l.	l.	PROPN
cjal-3180	75	19	rev	rev	PROPN
cjal-3180	75	20	.	.	PROPN
cjal-3180	75	21	1022	1022	NUM
cjal-3180	75	22	(	(	PUNCT
cjal-3180	75	23	1998	1998	NUM
cjal-3180	75	24	)	)	PUNCT
cjal-3180	76	1	(	(	PUNCT
cjal-3180	76	2	arguing	argue	VERB
cjal-3180	76	3	that	that	SCONJ
cjal-3180	76	4	cultural	cultural	ADJ
cjal-3180	76	5	and	and	CCONJ
cjal-3180	76	6	moral	moral	ADJ
cjal-3180	76	7	conflicts	conflict	NOUN
cjal-3180	76	8	make	make	VERB
cjal-3180	76	9	differences	difference	NOUN
cjal-3180	76	10	regarding	regard	VERB
cjal-3180	76	11	the	the	DET
cjal-3180	76	12	acceptability	acceptability	NOUN
cjal-3180	76	13	of	of	ADP
cjal-3180	76	14	particular	particular	ADJ
cjal-3180	76	15	business	business	NOUN
cjal-3180	76	16	practices	practice	NOUN
cjal-3180	76	17	irreconcilable	irreconcilable	ADJ
cjal-3180	76	18	except	except	SCONJ
cjal-3180	76	19	by	by	ADP
cjal-3180	76	20	recourse	recourse	NOUN
cjal-3180	76	21	to	to	ADP
cjal-3180	76	22	[	[	PUNCT
cjal-3180	76	23	12:1	12:1	NUM
cjal-3180	76	24	m	m	PROPN
cjal-3180	76	25	&	&	CCONJ
cjal-3180	76	26	a	a	DET
cjal-3180	76	27	regulations	regulation	NOUN
cjal-3180	76	28	in	in	ADP
cjal-3180	76	29	hong	hong	PROPN
cjal-3180	76	30	kong	kong	PROPN
cjal-3180	76	31	the	the	DET
cjal-3180	76	32	code	code	NOUN
cjal-3180	76	33	attempts	attempt	VERB
cjal-3180	76	34	to	to	PART
cjal-3180	76	35	ensure	ensure	VERB
cjal-3180	76	36	an	an	DET
cjal-3180	76	37	efficient	efficient	ADJ
cjal-3180	76	38	marketplace	marketplace	NOUN
cjal-3180	76	39	in	in	ADP
cjal-3180	76	40	which	which	PRON
cjal-3180	76	41	acquirers	acquirer	NOUN
cjal-3180	76	42	can	can	AUX
cjal-3180	76	43	make	make	VERB
cjal-3180	76	44	offers	offer	NOUN
cjal-3180	76	45	without	without	ADP
cjal-3180	76	46	interference	interference	NOUN
cjal-3180	76	47	from	from	ADP
cjal-3180	76	48	target	target	NOUN
cjal-3180	76	49	management	management	NOUN
cjal-3180	76	50	and	and	CCONJ
cjal-3180	76	51	in	in	ADP
cjal-3180	76	52	which	which	PRON
cjal-3180	76	53	target	target	NOUN
cjal-3180	76	54	shareholders	shareholder	NOUN
cjal-3180	76	55	can	can	AUX
cjal-3180	76	56	make	make	VERB
cjal-3180	76	57	decisions	decision	NOUN
cjal-3180	76	58	without	without	ADP
cjal-3180	76	59	undue	undue	ADJ
cjal-3180	76	60	coercion	coercion	NOUN
cjal-3180	76	61	from	from	ADP
cjal-3180	76	62	acquirers	acquirer	NOUN
cjal-3180	76	63	.	.	PUNCT
cjal-3180	77	1	to	to	PART
cjal-3180	77	2	achieve	achieve	VERB
cjal-3180	77	3	this	this	PRON
cjal-3180	77	4	,	,	PUNCT
cjal-3180	77	5	acquirers	acquirer	NOUN
cjal-3180	77	6	are	be	AUX
cjal-3180	77	7	required	require	VERB
cjal-3180	77	8	to	to	PART
cjal-3180	77	9	disclose	disclose	VERB
cjal-3180	77	10	information	information	NOUN
cjal-3180	77	11	necessary	necessary	ADJ
cjal-3180	77	12	for	for	SCONJ
cjal-3180	77	13	the	the	DET
cjal-3180	77	14	target	target	NOUN
cjal-3180	77	15	's	's	PART
cjal-3180	77	16	shareholders	shareholder	NOUN
cjal-3180	77	17	to	to	PART
cjal-3180	77	18	evaluate	evaluate	VERB
cjal-3180	77	19	the	the	DET
cjal-3180	77	20	offer	offer	NOUN
cjal-3180	77	21	and	and	CCONJ
cjal-3180	77	22	reach	reach	VERB
cjal-3180	77	23	an	an	DET
cjal-3180	77	24	informed	informed	ADJ
cjal-3180	77	25	decision.3	decision.3	NOUN
cjal-3180	77	26	'	'	PUNCT
cjal-3180	77	27	the	the	DET
cjal-3180	77	28	offer	offer	NOUN
cjal-3180	77	29	must	must	AUX
cjal-3180	77	30	remain	remain	VERB
cjal-3180	77	31	open	open	ADJ
cjal-3180	77	32	for	for	ADP
cjal-3180	77	33	a	a	DET
cjal-3180	77	34	minimum	minimum	ADJ
cjal-3180	77	35	length	length	NOUN
cjal-3180	77	36	of	of	ADP
cjal-3180	77	37	time	time	NOUN
cjal-3180	77	38	and	and	CCONJ
cjal-3180	77	39	unequal	unequal	ADJ
cjal-3180	77	40	offers	offer	NOUN
cjal-3180	77	41	to	to	ADP
cjal-3180	77	42	different	different	ADJ
cjal-3180	77	43	shareholders	shareholder	NOUN
cjal-3180	77	44	are	be	AUX
cjal-3180	77	45	forbidden	forbid	VERB
cjal-3180	77	46	.	.	PUNCT
cjal-3180	78	1	32	32	NUM
cjal-3180	78	2	target	target	NOUN
cjal-3180	78	3	boards	board	NOUN
cjal-3180	78	4	may	may	AUX
cjal-3180	78	5	make	make	VERB
cjal-3180	78	6	recommendations	recommendation	NOUN
cjal-3180	78	7	regarding	regard	VERB
cjal-3180	78	8	offers	offer	NOUN
cjal-3180	78	9	to	to	ADP
cjal-3180	78	10	their	their	PRON
cjal-3180	78	11	shareholders	shareholder	NOUN
cjal-3180	78	12	,	,	PUNCT
cjal-3180	78	13	but	but	CCONJ
cjal-3180	78	14	must	must	AUX
cjal-3180	78	15	submit	submit	VERB
cjal-3180	78	16	bids	bid	NOUN
cjal-3180	78	17	to	to	ADP
cjal-3180	78	18	shareholder	shareholder	NOUN
cjal-3180	78	19	vote	vote	NOUN
cjal-3180	78	20	and	and	CCONJ
cjal-3180	78	21	may	may	AUX
cjal-3180	78	22	not	not	PART
cjal-3180	78	23	take	take	VERB
cjal-3180	78	24	action	action	NOUN
cjal-3180	78	25	to	to	PART
cjal-3180	78	26	discourage	discourage	VERB
cjal-3180	78	27	the	the	DET
cjal-3180	78	28	making	making	NOUN
cjal-3180	78	29	or	or	CCONJ
cjal-3180	78	30	completion	completion	NOUN
cjal-3180	78	31	of	of	ADP
cjal-3180	78	32	bids.3	bids.3	NOUN
cjal-3180	78	33	in	in	ADP
cjal-3180	78	34	practice	practice	NOUN
cjal-3180	78	35	,	,	PUNCT
cjal-3180	78	36	this	this	PRON
cjal-3180	78	37	means	mean	VERB
cjal-3180	78	38	that	that	SCONJ
cjal-3180	78	39	target	target	NOUN
cjal-3180	78	40	boards	board	NOUN
cjal-3180	78	41	may	may	AUX
cjal-3180	78	42	not	not	PART
cjal-3180	78	43	simply	simply	ADV
cjal-3180	78	44	turn	turn	VERB
cjal-3180	78	45	down	down	ADP
cjal-3180	78	46	a	a	DET
cjal-3180	78	47	bid	bid	NOUN
cjal-3180	78	48	they	they	PRON
cjal-3180	78	49	consider	consider	VERB
cjal-3180	78	50	insufficient	insufficient	ADJ
cjal-3180	78	51	or	or	CCONJ
cjal-3180	78	52	implement	implement	VERB
cjal-3180	78	53	defensive	defensive	ADJ
cjal-3180	78	54	tactics	tactic	NOUN
cjal-3180	78	55	.	.	PUNCT
cjal-3180	79	1	4	4	NUM
cjal-3180	79	2	target	target	NOUN
cjal-3180	79	3	boards	board	NOUN
cjal-3180	79	4	may	may	AUX
cjal-3180	79	5	seek	seek	VERB
cjal-3180	79	6	out	out	ADP
cjal-3180	79	7	other	other	ADJ
cjal-3180	79	8	bidders	bidder	NOUN
cjal-3180	79	9	or	or	CCONJ
cjal-3180	79	10	create	create	VERB
cjal-3180	79	11	an	an	DET
cjal-3180	79	12	auction	auction	NOUN
cjal-3180	79	13	,	,	PUNCT
cjal-3180	79	14	but	but	CCONJ
cjal-3180	79	15	helping	help	VERB
cjal-3180	79	16	favored	favor	VERB
cjal-3180	79	17	bidders	bidder	NOUN
cjal-3180	79	18	,	,	PUNCT
cjal-3180	79	19	such	such	ADJ
cjal-3180	79	20	as	as	ADP
cjal-3180	79	21	by	by	ADP
cjal-3180	79	22	granting	grant	VERB
cjal-3180	79	23	asset	asset	NOUN
cjal-3180	79	24	lockups	lockup	NOUN
cjal-3180	79	25	or	or	CCONJ
cjal-3180	79	26	providing	provide	VERB
cjal-3180	79	27	better	well	ADJ
cjal-3180	79	28	information	information	NOUN
cjal-3180	79	29	than	than	ADP
cjal-3180	79	30	that	that	PRON
cjal-3180	79	31	given	give	VERB
cjal-3180	79	32	to	to	ADP
cjal-3180	79	33	disfavored	disfavored	ADJ
cjal-3180	79	34	bidders	bidder	NOUN
cjal-3180	79	35	,	,	PUNCT
cjal-3180	79	36	violates	violate	VERB
cjal-3180	79	37	the	the	DET
cjal-3180	79	38	code	code	NOUN
cjal-3180	79	39	.	.	PUNCT
cjal-3180	80	1	5	5	NUM
cjal-3180	80	2	iii	iii	NOUN
cjal-3180	80	3	.	.	PUNCT
cjal-3180	81	1	recent	recent	ADJ
cjal-3180	81	2	changes	change	NOUN
cjal-3180	81	3	inthehong	inthehong	PROPN
cjal-3180	81	4	kong	kong	PROPN
cjal-3180	81	5	mergers	merger	NOUN
cjal-3180	81	6	and	and	CCONJ
cjal-3180	81	7	acquisitions	acquisition	NOUN
cjal-3180	81	8	environment	environment	NOUN
cjal-3180	81	9	as	as	SCONJ
cjal-3180	81	10	discussed	discuss	VERB
cjal-3180	81	11	above	above	ADV
cjal-3180	81	12	,	,	PUNCT
cjal-3180	81	13	since	since	SCONJ
cjal-3180	81	14	adoption	adoption	NOUN
cjal-3180	81	15	of	of	ADP
cjal-3180	81	16	the	the	DET
cjal-3180	81	17	code	code	NOUN
cjal-3180	81	18	in	in	ADP
cjal-3180	81	19	1981	1981	NUM
cjal-3180	81	20	,	,	PUNCT
cjal-3180	81	21	merger	merger	NOUN
cjal-3180	81	22	and	and	CCONJ
cjal-3180	81	23	acquisition	acquisition	NOUN
cjal-3180	81	24	activities	activity	NOUN
cjal-3180	81	25	in	in	ADP
cjal-3180	81	26	hong	hong	PROPN
cjal-3180	81	27	kong	kong	PROPN
cjal-3180	81	28	have	have	AUX
cjal-3180	81	29	increased	increase	VERB
cjal-3180	81	30	substantially	substantially	ADV
cjal-3180	81	31	,	,	PUNCT
cjal-3180	81	32	to	to	ADP
cjal-3180	81	33	the	the	DET
cjal-3180	81	34	extent	extent	NOUN
cjal-3180	81	35	that	that	SCONJ
cjal-3180	81	36	,	,	PUNCT
cjal-3180	81	37	as	as	ADV
cjal-3180	81	38	early	early	ADV
cjal-3180	81	39	as	as	ADP
cjal-3180	81	40	1990	1990	NUM
cjal-3180	81	41	,	,	PUNCT
cjal-3180	81	42	the	the	DET
cjal-3180	81	43	colony	colony	NOUN
cjal-3180	81	44	was	be	AUX
cjal-3180	81	45	viewed	view	VERB
cjal-3180	81	46	as	as	ADP
cjal-3180	81	47	"	"	PUNCT
cjal-3180	81	48	having	have	VERB
cjal-3180	81	49	an	an	DET
cjal-3180	81	50	internal	internal	ADJ
cjal-3180	81	51	m&a	m&a	PROPN
cjal-3180	81	52	market	market	NOUN
cjal-3180	81	53	.	.	PUNCT
cjal-3180	82	1	"36	"36	PUNCT
cjal-3180	83	1	however	however	ADV
cjal-3180	83	2	,	,	PUNCT
cjal-3180	83	3	recent	recent	ADJ
cjal-3180	83	4	trends	trend	NOUN
cjal-3180	83	5	suggest	suggest	VERB
cjal-3180	83	6	that	that	SCONJ
cjal-3180	83	7	continued	continue	VERB
cjal-3180	83	8	growth	growth	NOUN
cjal-3180	83	9	may	may	AUX
cjal-3180	83	10	require	require	VERB
cjal-3180	83	11	modifications	modification	NOUN
cjal-3180	83	12	of	of	ADP
cjal-3180	83	13	the	the	DET
cjal-3180	83	14	regulatory	regulatory	ADJ
cjal-3180	83	15	system	system	NOUN
cjal-3180	83	16	.	.	PUNCT
cjal-3180	84	1	among	among	ADP
cjal-3180	84	2	them	they	PRON
cjal-3180	84	3	,	,	PUNCT
cjal-3180	84	4	particularly	particularly	ADV
cjal-3180	84	5	worrisome	worrisome	ADJ
cjal-3180	84	6	are	be	AUX
cjal-3180	84	7	(	(	PUNCT
cjal-3180	84	8	1	1	X
cjal-3180	84	9	)	)	PUNCT
cjal-3180	84	10	the	the	DET
cjal-3180	84	11	increase	increase	NOUN
cjal-3180	84	12	inprc	inprc	NOUN
cjal-3180	84	13	firms	firm	NOUN
cjal-3180	84	14	operating	operate	VERB
cjal-3180	84	15	in	in	ADP
cjal-3180	84	16	hong	hong	PROPN
cjal-3180	84	17	kong	kong	PROPN
cjal-3180	84	18	,	,	PUNCT
cjal-3180	84	19	(	(	PUNCT
cjal-3180	84	20	2	2	X
cjal-3180	84	21	)	)	PUNCT
cjal-3180	84	22	closer	close	ADJ
cjal-3180	84	23	ties	tie	NOUN
cjal-3180	84	24	to	to	ADP
cjal-3180	84	25	the	the	DET
cjal-3180	84	26	prc	prc	PROPN
cjal-3180	84	27	leading	lead	VERB
cjal-3180	84	28	to	to	ADP
cjal-3180	84	29	increased	increase	VERB
cjal-3180	84	30	corruption	corruption	NOUN
cjal-3180	84	31	or	or	CCONJ
cjal-3180	84	32	inefficient	inefficient	ADJ
cjal-3180	84	33	regulation	regulation	NOUN
cjal-3180	84	34	,	,	PUNCT
cjal-3180	84	35	and	and	CCONJ
cjal-3180	84	36	(	(	PUNCT
cjal-3180	84	37	3	3	X
cjal-3180	84	38	)	)	PUNCT
cjal-3180	84	39	concern	concern	NOUN
cjal-3180	84	40	that	that	SCONJ
cjal-3180	84	41	the	the	DET
cjal-3180	84	42	system	system	NOUN
cjal-3180	84	43	of	of	ADP
cjal-3180	84	44	voluntary	voluntary	ADJ
cjal-3180	84	45	efficiency	efficiency	NOUN
cjal-3180	84	46	based	base	VERB
cjal-3180	84	47	criteria	criterion	NOUN
cjal-3180	84	48	)	)	PUNCT
cjal-3180	84	49	.	.	PUNCT
cjal-3180	85	1	31	31	NUM
cjal-3180	85	2	.	.	PUNCT
cjal-3180	85	3	see	see	VERB
cjal-3180	85	4	ffrench	ffrench	ADJ
cjal-3180	85	5	,	,	PUNCT
cjal-3180	85	6	supra	supra	PROPN
cjal-3180	85	7	note	note	NOUN
cjal-3180	85	8	15	15	NUM
cjal-3180	85	9	,	,	PUNCT
cjal-3180	85	10	at	at	ADP
cjal-3180	85	11	55	55	NUM
cjal-3180	85	12	.	.	PUNCT
cjal-3180	86	1	(	(	PUNCT
cjal-3180	86	2	general	general	ADJ
cjal-3180	86	3	principle	principle	ADJ
cjal-3180	86	4	number	number	NOUN
cjal-3180	86	5	4	4	NUM
cjal-3180	86	6	.	.	PUNCT
cjal-3180	87	1	this	this	PRON
cjal-3180	87	2	even	even	ADV
cjal-3180	87	3	overrides	override	VERB
cjal-3180	87	4	hong	hong	PROPN
cjal-3180	87	5	kong	kong	PROPN
cjal-3180	87	6	's	's	PART
cjal-3180	87	7	long	long	ADJ
cjal-3180	87	8	standing	standing	NOUN
cjal-3180	87	9	practice	practice	NOUN
cjal-3180	87	10	of	of	ADP
cjal-3180	87	11	allowing	allow	VERB
cjal-3180	87	12	anonymity	anonymity	NOUN
cjal-3180	87	13	in	in	ADP
cjal-3180	87	14	share	share	NOUN
cjal-3180	87	15	ownership	ownership	NOUN
cjal-3180	87	16	(	(	PUNCT
cjal-3180	87	17	by	by	ADP
cjal-3180	87	18	not	not	PART
cjal-3180	87	19	requiring	require	VERB
cjal-3180	87	20	disclosure	disclosure	NOUN
cjal-3180	87	21	of	of	ADP
cjal-3180	87	22	beneficial	beneficial	ADJ
cjal-3180	87	23	ownership	ownership	NOUN
cjal-3180	87	24	of	of	ADP
cjal-3180	87	25	shares	share	NOUN
cjal-3180	87	26	)	)	PUNCT
cjal-3180	87	27	since	since	SCONJ
cjal-3180	87	28	rule	rule	NOUN
cjal-3180	87	29	2	2	NUM
cjal-3180	87	30	of	of	ADP
cjal-3180	87	31	the	the	DET
cjal-3180	87	32	code	code	NOUN
cjal-3180	87	33	mandates	mandate	NOUN
cjal-3180	87	34	that	that	PRON
cjal-3180	87	35	in	in	ADP
cjal-3180	87	36	situations	situation	NOUN
cjal-3180	87	37	where	where	SCONJ
cjal-3180	87	38	"	"	PUNCT
cjal-3180	87	39	an	an	DET
cjal-3180	87	40	offer	offer	NOUN
cjal-3180	87	41	being	be	AUX
cjal-3180	87	42	made	make	VERB
cjal-3180	87	43	is	be	AUX
cjal-3180	87	44	not	not	PART
cjal-3180	87	45	made	make	VERB
cjal-3180	87	46	by	by	ADP
cjal-3180	87	47	the	the	DET
cjal-3180	87	48	ultimate	ultimate	ADJ
cjal-3180	87	49	offeror	offeror	NOUN
cjal-3180	87	50	or	or	CCONJ
cjal-3180	87	51	potential	potential	ADJ
cjal-3180	87	52	offeror	offeror	NOUN
cjal-3180	87	53	,	,	PUNCT
cjal-3180	87	54	the	the	DET
cjal-3180	87	55	identity	identity	NOUN
cjal-3180	87	56	of	of	ADP
cjal-3180	87	57	that	that	DET
cjal-3180	87	58	person	person	NOUN
cjal-3180	87	59	must	must	AUX
cjal-3180	87	60	be	be	AUX
cjal-3180	87	61	disclosed	disclose	VERB
cjal-3180	87	62	at	at	ADP
cjal-3180	87	63	the	the	DET
cjal-3180	87	64	outset	outset	NOUN
cjal-3180	87	65	to	to	ADP
cjal-3180	87	66	the	the	DET
cjal-3180	87	67	board	board	NOUN
cjal-3180	87	68	of	of	ADP
cjal-3180	87	69	the	the	DET
cjal-3180	87	70	offeree	offeree	ADJ
cjal-3180	87	71	company	company	NOUN
cjal-3180	87	72	.	.	PUNCT
cjal-3180	87	73	"	"	PUNCT
cjal-3180	87	74	)	)	PUNCT
cjal-3180	88	1	32	32	NUM
cjal-3180	88	2	.	.	PUNCT
cjal-3180	89	1	hong	hong	PROPN
cjal-3180	89	2	kong	kong	PROPN
cjal-3180	89	3	code	code	PROPN
cjal-3180	89	4	ontakeovers	ontakeover	NOUN
cjal-3180	89	5	and	and	CCONJ
cjal-3180	89	6	mergers	merger	NOUN
cjal-3180	89	7	,	,	PUNCT
cjal-3180	89	8	§	§	NOUN
cjal-3180	89	9	30	30	NUM
cjal-3180	89	10	and	and	CCONJ
cjal-3180	89	11	§	§	PROPN
cjal-3180	89	12	31	31	NUM
cjal-3180	89	13	.	.	PUNCT
cjal-3180	90	1	33	33	NUM
cjal-3180	90	2	.	.	PUNCT
cjal-3180	91	1	see	see	VERB
cjal-3180	91	2	murphy	murphy	PROPN
cjal-3180	91	3	,	,	PUNCT
cjal-3180	91	4	supra	supra	PROPN
cjal-3180	91	5	note	note	PROPN
cjal-3180	91	6	21	21	NUM
cjal-3180	91	7	,	,	PUNCT
cjal-3180	91	8	at	at	ADP
cjal-3180	91	9	35	35	NUM
cjal-3180	91	10	(	(	PUNCT
cjal-3180	91	11	"	"	PUNCT
cjal-3180	91	12	anything	anything	PRON
cjal-3180	91	13	done	do	VERB
cjal-3180	91	14	to	to	PART
cjal-3180	91	15	frustrate	frustrate	VERB
cjal-3180	91	16	a	a	DET
cjal-3180	91	17	bona	bona	ADJ
cjal-3180	91	18	-	-	PUNCT
cjal-3180	91	19	fide	fide	ADJ
cjal-3180	91	20	offer	offer	NOUN
cjal-3180	91	21	being	be	AUX
cjal-3180	91	22	placed	place	VERB
cjal-3180	91	23	before	before	ADP
cjal-3180	91	24	shareholders	shareholder	NOUN
cjal-3180	91	25	for	for	ADP
cjal-3180	91	26	their	their	PRON
cjal-3180	91	27	earnest	earnest	ADJ
cjal-3180	91	28	consideration	consideration	NOUN
cjal-3180	91	29	would	would	AUX
cjal-3180	91	30	be	be	AUX
cjal-3180	91	31	a	a	DET
cjal-3180	91	32	breach	breach	NOUN
cjal-3180	91	33	of	of	ADP
cjal-3180	91	34	the	the	DET
cjal-3180	91	35	code	code	NOUN
cjal-3180	91	36	"	"	PUNCT
cjal-3180	91	37	)	)	PUNCT
cjal-3180	91	38	.	.	PUNCT
cjal-3180	92	1	34	34	NUM
cjal-3180	92	2	.	.	PUNCT
cjal-3180	93	1	hong	hong	PROPN
cjal-3180	93	2	kong	kong	PROPN
cjal-3180	93	3	code	code	PROPN
cjal-3180	93	4	on	on	ADP
cjal-3180	93	5	takeovers	takeover	NOUN
cjal-3180	93	6	and	and	CCONJ
cjal-3180	93	7	mergers	merger	NOUN
cjal-3180	93	8	.	.	PUNCT
cjal-3180	94	1	§	§	VERB
cjal-3180	94	2	10	10	NUM
cjal-3180	94	3	.	.	PUNCT
cjal-3180	94	4	35	35	NUM
cjal-3180	94	5	.	.	PUNCT
cjal-3180	95	1	i	i	PRON
cjal-3180	95	2	d	d	PROPN
cjal-3180	95	3	,	,	PUNCT
cjal-3180	95	4	§	§	NOUN
cjal-3180	95	5	10(iv	10(iv	NUM
cjal-3180	95	6	)	)	PUNCT
cjal-3180	95	7	and	and	CCONJ
cjal-3180	95	8	§	§	PROPN
cjal-3180	95	9	13	13	NUM
cjal-3180	95	10	.	.	PUNCT
cjal-3180	95	11	36	36	NUM
cjal-3180	95	12	.	.	PUNCT
cjal-3180	96	1	how	how	SCONJ
cjal-3180	96	2	pacific	pacific	ADJ
cjal-3180	96	3	rim	rim	NOUN
cjal-3180	96	4	buyers	buyer	NOUN
cjal-3180	96	5	are	be	AUX
cjal-3180	96	6	hitting	hit	VERB
cjal-3180	96	7	the	the	DET
cjal-3180	96	8	world	world	NOUN
cjal-3180	96	9	m&a	m&a	PROPN
cjal-3180	96	10	scene	scene	NOUN
cjal-3180	96	11	,	,	PUNCT
cjal-3180	96	12	mergers	merger	NOUN
cjal-3180	96	13	&	&	CCONJ
cjal-3180	96	14	acquistons	acquiston	NOUN
cjal-3180	96	15	,	,	PUNCT
cjal-3180	97	1	jul.-aug	jul.-aug	NOUN
cjal-3180	97	2	.	.	PROPN
cjal-3180	97	3	,	,	PUNCT
cjal-3180	97	4	1990	1990	NUM
cjal-3180	97	5	,	,	PUNCT
cjal-3180	97	6	at	at	ADP
cjal-3180	97	7	26	26	NUM
cjal-3180	97	8	.	.	PUNCT
cjal-3180	98	1	1998	1998	NUM
cjal-3180	98	2	]	]	PUNCT
cjal-3180	98	3	columbia	columbia	PROPN
cjal-3180	98	4	journal	journal	PROPN
cjal-3180	98	5	ofasianlaw	ofasianlaw	NOUN
cjal-3180	98	6	compliance	compliance	NOUN
cjal-3180	98	7	with	with	ADP
cjal-3180	98	8	the	the	DET
cjal-3180	98	9	code	code	NOUN
cjal-3180	98	10	could	could	AUX
cjal-3180	98	11	break	break	VERB
cjal-3180	98	12	down	down	ADP
cjal-3180	98	13	.	.	PUNCT
cjal-3180	99	1	such	such	ADJ
cjal-3180	99	2	issues	issue	NOUN
cjal-3180	99	3	,	,	PUNCT
cjal-3180	99	4	if	if	SCONJ
cjal-3180	99	5	unaddressed	unaddresse	VERB
cjal-3180	99	6	,	,	PUNCT
cjal-3180	99	7	could	could	AUX
cjal-3180	99	8	slow	slow	VERB
cjal-3180	99	9	merger	merger	NOUN
cjal-3180	99	10	and	and	CCONJ
cjal-3180	99	11	acquisition	acquisition	NOUN
cjal-3180	99	12	activities	activity	NOUN
cjal-3180	99	13	in	in	ADP
cjal-3180	99	14	hong	hong	PROPN
cjal-3180	99	15	kong	kong	PROPN
cjal-3180	99	16	,	,	PUNCT
cjal-3180	99	17	or	or	CCONJ
cjal-3180	99	18	even	even	ADV
cjal-3180	99	19	lead	lead	VERB
cjal-3180	99	20	to	to	ADP
cjal-3180	99	21	a	a	DET
cjal-3180	99	22	rapid	rapid	ADJ
cjal-3180	99	23	exodus	exodus	NOUN
cjal-3180	99	24	of	of	ADP
cjal-3180	99	25	investment	investment	NOUN
cjal-3180	99	26	capital	capital	NOUN
cjal-3180	99	27	and	and	CCONJ
cjal-3180	99	28	an	an	DET
cjal-3180	99	29	eventual	eventual	ADJ
cjal-3180	99	30	stagnation	stagnation	NOUN
cjal-3180	99	31	or	or	CCONJ
cjal-3180	99	32	collapse	collapse	NOUN
cjal-3180	99	33	of	of	ADP
cjal-3180	99	34	the	the	DET
cjal-3180	99	35	market	market	NOUN
cjal-3180	99	36	.	.	PUNCT
cjal-3180	100	1	a.	a.	NOUN
cjal-3180	100	2	increasing	increase	VERB
cjal-3180	100	3	numbers	number	NOUN
cjal-3180	100	4	of	of	ADP
cjal-3180	100	5	prc	prc	PROPN
cjal-3180	100	6	firms	firm	NOUN
cjal-3180	100	7	operating	operate	VERB
cjal-3180	100	8	in	in	ADP
cjal-3180	100	9	hong	hong	PROPN
cjal-3180	100	10	kong	kong	PROPN
cjal-3180	100	11	1	1	NUM
cjal-3180	100	12	.	.	PUNCT
cjal-3180	100	13	reasons	reason	NOUN
cjal-3180	100	14	prc	prc	PROPN
cjal-3180	100	15	firms	firm	NOUN
cjal-3180	100	16	come	come	VERB
cjal-3180	100	17	to	to	ADP
cjal-3180	100	18	hong	hong	PROPN
cjal-3180	100	19	kong	kong	PROPN
cjal-3180	100	20	the	the	DET
cjal-3180	100	21	increasing	increase	VERB
cjal-3180	100	22	number	number	NOUN
cjal-3180	100	23	of	of	ADP
cjal-3180	100	24	prc	prc	PROPN
cjal-3180	100	25	firms	firm	NOUN
cjal-3180	100	26	looking	look	VERB
cjal-3180	100	27	to	to	ADP
cjal-3180	100	28	hong	hong	PROPN
cjal-3180	100	29	kong	kong	PROPN
cjal-3180	100	30	both	both	PRON
cjal-3180	100	31	to	to	PART
cjal-3180	100	32	expand	expand	VERB
cjal-3180	100	33	their	their	PRON
cjal-3180	100	34	operations	operation	NOUN
cjal-3180	100	35	and	and	CCONJ
cjal-3180	100	36	to	to	PART
cjal-3180	100	37	raise	raise	VERB
cjal-3180	100	38	capital	capital	NOUN
cjal-3180	100	39	could	could	AUX
cjal-3180	100	40	bring	bring	VERB
cjal-3180	100	41	about	about	ADP
cjal-3180	100	42	significant	significant	ADJ
cjal-3180	100	43	changes	change	NOUN
cjal-3180	100	44	in	in	ADP
cjal-3180	100	45	the	the	DET
cjal-3180	100	46	merger	merger	NOUN
cjal-3180	100	47	and	and	CCONJ
cjal-3180	100	48	acquisitions	acquisition	NOUN
cjal-3180	100	49	environment	environment	NOUN
cjal-3180	100	50	.	.	PUNCT
cjal-3180	101	1	many	many	ADJ
cjal-3180	101	2	of	of	ADP
cjal-3180	101	3	these	these	DET
cjal-3180	101	4	firms	firm	NOUN
cjal-3180	101	5	'	'	PART
cjal-3180	101	6	interest	interest	NOUN
cjal-3180	101	7	in	in	ADP
cjal-3180	101	8	hong	hong	PROPN
cjal-3180	101	9	kong	kong	PROPN
cjal-3180	101	10	stems	stem	VERB
cjal-3180	101	11	from	from	ADP
cjal-3180	101	12	a	a	DET
cjal-3180	101	13	need	need	NOUN
cjal-3180	101	14	for	for	ADP
cjal-3180	101	15	access	access	NOUN
cjal-3180	101	16	to	to	ADP
cjal-3180	101	17	capital	capital	NOUN
cjal-3180	101	18	,	,	PUNCT
cjal-3180	101	19	markets	market	NOUN
cjal-3180	101	20	and	and	CCONJ
cjal-3180	101	21	skilled	skilled	ADJ
cjal-3180	101	22	personnel	personnel	NOUN
cjal-3180	101	23	,	,	PUNCT
cjal-3180	101	24	all	all	PRON
cjal-3180	101	25	of	of	ADP
cjal-3180	101	26	which	which	PRON
cjal-3180	101	27	are	be	AUX
cjal-3180	101	28	in	in	ADP
cjal-3180	101	29	short	short	ADJ
cjal-3180	101	30	supply	supply	NOUN
cjal-3180	101	31	on	on	ADP
cjal-3180	101	32	the	the	DET
cjal-3180	101	33	mainland	mainland	NOUN
cjal-3180	101	34	.	.	PUNCT
cjal-3180	102	1	their	their	PRON
cjal-3180	102	2	inflow	inflow	NOUN
cjal-3180	102	3	has	have	AUX
cjal-3180	102	4	already	already	ADV
cjal-3180	102	5	been	be	AUX
cjal-3180	102	6	tremendous	tremendous	ADJ
cjal-3180	102	7	and	and	CCONJ
cjal-3180	102	8	is	be	AUX
cjal-3180	102	9	expected	expect	VERB
cjal-3180	102	10	to	to	PART
cjal-3180	102	11	continue	continue	VERB
cjal-3180	102	12	to	to	PART
cjal-3180	102	13	increase	increase	VERB
cjal-3180	102	14	.	.	PUNCT
cjal-3180	103	1	as	as	SCONJ
cjal-3180	103	2	reporter	reporter	PROPN
cjal-3180	103	3	mark	mark	PROPN
cjal-3180	103	4	clifford	clifford	PROPN
cjal-3180	103	5	noted	note	VERB
cjal-3180	103	6	,	,	PUNCT
cjal-3180	103	7	"	"	PUNCT
cjal-3180	103	8	chinese	chinese	ADJ
cjal-3180	103	9	companies	company	NOUN
cjal-3180	103	10	have	have	AUX
cjal-3180	103	11	already	already	ADV
cjal-3180	103	12	raised	raise	VERB
cjal-3180	103	13	more	more	ADJ
cjal-3180	103	14	than	than	ADP
cjal-3180	103	15	$	$	SYM
cjal-3180	103	16	3.5	3.5	NUM
cjal-3180	103	17	billion	billion	NUM
cjal-3180	103	18	by	by	ADP
cjal-3180	103	19	listing	list	VERB
cjal-3180	103	20	h	h	NOUN
cjal-3180	103	21	shares	share	NOUN
cjal-3180	103	22	in	in	ADP
cjal-3180	103	23	hong	hong	PROPN
cjal-3180	103	24	kong	kong	PROPN
cjal-3180	103	25	.	.	PUNCT
cjal-3180	104	1	more	more	ADJ
cjal-3180	104	2	are	be	AUX
cjal-3180	104	3	on	on	ADP
cjal-3180	104	4	the	the	DET
cjal-3180	104	5	way	way	NOUN
cjal-3180	104	6	as	as	SCONJ
cjal-3180	104	7	the	the	DET
cjal-3180	104	8	colony	colony	NOUN
cjal-3180	104	9	tries	try	VERB
cjal-3180	104	10	to	to	PART
cjal-3180	104	11	nail	nail	VERB
cjal-3180	104	12	down	down	ADP
cjal-3180	104	13	its	its	PRON
cjal-3180	104	14	position	position	NOUN
cjal-3180	104	15	as	as	ADP
cjal-3180	104	16	china	china	PROPN
cjal-3180	104	17	's	's	PART
cjal-3180	104	18	financial	financial	ADJ
cjal-3180	104	19	capital	capital	NOUN
cjal-3180	104	20	.	.	PUNCT
cjal-3180	105	1	37	37	NUM
cjal-3180	106	1	moreover	moreover	ADV
cjal-3180	106	2	,	,	PUNCT
cjal-3180	106	3	along	along	ADP
cjal-3180	106	4	with	with	ADP
cjal-3180	106	5	small	small	ADJ
cjal-3180	106	6	corporations	corporation	NOUN
cjal-3180	106	7	,	,	PUNCT
cjal-3180	106	8	the	the	DET
cjal-3180	106	9	large	large	ADJ
cjal-3180	106	10	mainland	mainland	NOUN
cjal-3180	106	11	government	government	NOUN
cjal-3180	106	12	monopolies	monopoly	NOUN
cjal-3180	106	13	have	have	AUX
cjal-3180	106	14	also	also	ADV
cjal-3180	106	15	begun	begin	VERB
cjal-3180	106	16	to	to	PART
cjal-3180	106	17	move	move	VERB
cjal-3180	106	18	in	in	ADV
cjal-3180	106	19	.	.	PUNCT
cjal-3180	107	1	as	as	SCONJ
cjal-3180	107	2	one	one	NUM
cjal-3180	107	3	commentator	commentator	NOUN
cjal-3180	107	4	explains	explain	VERB
cjal-3180	107	5	,	,	PUNCT
cjal-3180	107	6	"	"	PUNCT
cjal-3180	107	7	the	the	DET
cjal-3180	107	8	advent	advent	NOUN
cjal-3180	107	9	of	of	ADP
cjal-3180	107	10	chinese	chinese	ADJ
cjal-3180	107	11	rule	rule	NOUN
cjal-3180	107	12	has	have	AUX
cjal-3180	107	13	already	already	ADV
cjal-3180	107	14	introduced	introduce	VERB
cjal-3180	107	15	to	to	ADP
cjal-3180	107	16	the	the	DET
cjal-3180	107	17	market	market	NOUN
cjal-3180	107	18	new	new	ADJ
cjal-3180	107	19	players	player	NOUN
cjal-3180	107	20	controlled	control	VERB
cjal-3180	107	21	by	by	ADP
cjal-3180	107	22	various	various	ADJ
cjal-3180	107	23	ministries	ministry	NOUN
cjal-3180	107	24	and	and	CCONJ
cjal-3180	107	25	government	government	NOUN
cjal-3180	107	26	departments	department	NOUN
cjal-3180	107	27	.	.	PUNCT
cjal-3180	107	28	"	"	PUNCT
cjal-3180	108	1	38	38	NUM
cjal-3180	108	2	access	access	NOUN
cjal-3180	108	3	to	to	ADP
cjal-3180	108	4	new	new	ADJ
cjal-3180	108	5	sources	source	NOUN
cjal-3180	108	6	of	of	ADP
cjal-3180	108	7	capital	capital	NOUN
cjal-3180	108	8	drives	drive	VERB
cjal-3180	108	9	the	the	DET
cjal-3180	108	10	decision	decision	NOUN
cjal-3180	108	11	of	of	ADP
cjal-3180	108	12	many	many	ADJ
cjal-3180	108	13	of	of	ADP
cjal-3180	108	14	these	these	DET
cjal-3180	108	15	firms	firm	NOUN
cjal-3180	108	16	to	to	PART
cjal-3180	108	17	operate	operate	VERB
cjal-3180	108	18	in	in	ADP
cjal-3180	108	19	hong	hong	PROPN
cjal-3180	108	20	kong	kong	PROPN
cjal-3180	108	21	,	,	PUNCT
cjal-3180	108	22	especially	especially	ADV
cjal-3180	108	23	since	since	SCONJ
cjal-3180	108	24	"	"	PUNCT
cjal-3180	108	25	the	the	DET
cjal-3180	108	26	tighter	tight	ADJ
cjal-3180	108	27	conditions	condition	NOUN
cjal-3180	108	28	get	get	VERB
cjal-3180	108	29	in	in	ADP
cjal-3180	108	30	china	china	PROPN
cjal-3180	108	31	,	,	PUNCT
cjal-3180	108	32	the	the	PRON
cjal-3180	108	33	more	more	ADV
cjal-3180	108	34	desperate	desperate	ADJ
cjal-3180	108	35	the	the	DET
cjal-3180	108	36	search	search	NOUN
cjal-3180	108	37	for	for	ADP
cjal-3180	108	38	capital	capital	NOUN
cjal-3180	108	39	becomes	become	NOUN
cjal-3180	108	40	.	.	PUNCT
cjal-3180	109	1	3	3	NUM
cjal-3180	109	2	9	9	NUM
cjal-3180	109	3	despite	despite	SCONJ
cjal-3180	109	4	economic	economic	ADJ
cjal-3180	109	5	reforms	reform	NOUN
cjal-3180	109	6	and	and	CCONJ
cjal-3180	109	7	foreign	foreign	ADJ
cjal-3180	109	8	investment	investment	NOUN
cjal-3180	109	9	,	,	PUNCT
cjal-3180	109	10	capital	capital	NOUN
cjal-3180	109	11	markets	market	NOUN
cjal-3180	109	12	in	in	ADP
cjal-3180	109	13	the	the	DET
cjal-3180	109	14	prc	prc	PROPN
cjal-3180	109	15	remain	remain	VERB
cjal-3180	109	16	tight	tight	ADJ
cjal-3180	109	17	.	.	PUNCT
cjal-3180	110	1	this	this	PRON
cjal-3180	110	2	is	be	AUX
cjal-3180	110	3	especially	especially	ADV
cjal-3180	110	4	true	true	ADJ
cjal-3180	110	5	for	for	ADP
cjal-3180	110	6	small	small	ADJ
cjal-3180	110	7	firms	firm	NOUN
cjal-3180	110	8	which	which	PRON
cjal-3180	110	9	lack	lack	VERB
cjal-3180	110	10	substantial	substantial	ADJ
cjal-3180	110	11	government	government	NOUN
cjal-3180	110	12	support	support	NOUN
cjal-3180	110	13	and	and	CCONJ
cjal-3180	110	14	do	do	AUX
cjal-3180	110	15	not	not	PART
cjal-3180	110	16	have	have	VERB
cjal-3180	110	17	foreign	foreign	ADJ
cjal-3180	110	18	joint	joint	ADJ
cjal-3180	110	19	venture	venture	NOUN
cjal-3180	110	20	partners	partner	NOUN
cjal-3180	110	21	.	.	PUNCT
cjal-3180	111	1	such	such	ADJ
cjal-3180	111	2	firms	firm	NOUN
cjal-3180	111	3	are	be	AUX
cjal-3180	111	4	squeezed	squeeze	VERB
cjal-3180	111	5	for	for	ADP
cjal-3180	111	6	cash	cash	NOUN
cjal-3180	111	7	and	and	CCONJ
cjal-3180	111	8	often	often	ADV
cjal-3180	111	9	"	"	PUNCT
cjal-3180	111	10	ca	can	AUX
cjal-3180	111	11	n't	not	PART
cjal-3180	111	12	even	even	ADV
cjal-3180	111	13	get	get	VERB
cjal-3180	111	14	permission	permission	NOUN
cjal-3180	111	15	to	to	PART
cjal-3180	111	16	list	list	VERB
cjal-3180	111	17	in	in	ADP
cjal-3180	111	18	the	the	DET
cjal-3180	111	19	shanghai	shanghai	PROPN
cjal-3180	111	20	and	and	CCONJ
cjal-3180	111	21	shenzhen	shenzhen	PROPN
cjal-3180	111	22	markets	markets	PROPN
cjal-3180	111	23	.	.	PUNCT
cjal-3180	112	1	"''4	"''4	PRON
cjal-3180	112	2	larger	large	ADJ
cjal-3180	112	3	prc	prc	PROPN
cjal-3180	112	4	companies	company	NOUN
cjal-3180	112	5	also	also	ADV
cjal-3180	112	6	face	face	VERB
cjal-3180	112	7	the	the	DET
cjal-3180	112	8	same	same	ADJ
cjal-3180	112	9	problems	problem	NOUN
cjal-3180	112	10	,	,	PUNCT
cjal-3180	112	11	particularly	particularly	ADV
cjal-3180	112	12	in	in	ADP
cjal-3180	112	13	light	light	NOUN
cjal-3180	112	14	of	of	ADP
cjal-3180	112	15	recent	recent	ADJ
cjal-3180	112	16	attempts	attempt	NOUN
cjal-3180	112	17	by	by	ADP
cjal-3180	112	18	the	the	DET
cjal-3180	112	19	central	central	ADJ
cjal-3180	112	20	government	government	NOUN
cjal-3180	112	21	to	to	PART
cjal-3180	112	22	reform	reform	VERB
cjal-3180	112	23	the	the	DET
cjal-3180	112	24	prc	prc	PROPN
cjal-3180	112	25	banking	banking	NOUN
cjal-3180	112	26	system	system	NOUN
cjal-3180	112	27	.	.	PUNCT
cjal-3180	113	1	consequently	consequently	ADV
cjal-3180	113	2	,	,	PUNCT
cjal-3180	113	3	few	few	ADJ
cjal-3180	113	4	of	of	ADP
cjal-3180	113	5	these	these	DET
cjal-3180	113	6	companies	company	NOUN
cjal-3180	113	7	have	have	VERB
cjal-3180	113	8	the	the	DET
cjal-3180	113	9	capital	capital	NOUN
cjal-3180	113	10	to	to	PART
cjal-3180	113	11	expand	expand	VERB
cjal-3180	113	12	overseas	overseas	ADV
cjal-3180	113	13	or	or	CCONJ
cjal-3180	113	14	reach	reach	VERB
cjal-3180	113	15	economies	economy	NOUN
cjal-3180	113	16	37	37	NUM
cjal-3180	113	17	.	.	PUNCT
cjal-3180	114	1	clifford	clifford	PROPN
cjal-3180	114	2	,	,	PUNCT
cjal-3180	114	3	supra	supra	PROPN
cjal-3180	114	4	note	note	PROPN
cjal-3180	114	5	7	7	NUM
cjal-3180	114	6	,	,	PUNCT
cjal-3180	114	7	at	at	ADP
cjal-3180	114	8	42	42	NUM
cjal-3180	114	9	.	.	PUNCT
cjal-3180	115	1	38	38	NUM
cjal-3180	115	2	.	.	PUNCT
cjal-3180	116	1	william	william	PROPN
cjal-3180	116	2	mcgurn	mcgurn	PROPN
cjal-3180	116	3	,	,	PUNCT
cjal-3180	116	4	diminishing	diminishing	NOUN
cjal-3180	116	5	returns	return	NOUN
cjal-3180	116	6	,	,	PUNCT
cjal-3180	116	7	fare	fare	NOUN
cjal-3180	116	8	.	.	PUNCT
cjal-3180	117	1	econ	econ	PROPN
cjal-3180	117	2	.	.	PUNCT
cjal-3180	118	1	rev	rev	PROPN
cjal-3180	118	2	.	.	PROPN
cjal-3180	118	3	,	,	PUNCT
cjal-3180	118	4	jun	jun	PROPN
cjal-3180	118	5	.	.	PROPN
cjal-3180	118	6	13	13	NUM
cjal-3180	118	7	,	,	PUNCT
cjal-3180	118	8	1996	1996	NUM
cjal-3180	118	9	,	,	PUNCT
cjal-3180	118	10	at	at	ADP
cjal-3180	118	11	66	66	NUM
cjal-3180	118	12	.	.	PUNCT
cjal-3180	118	13	39	39	NUM
cjal-3180	118	14	.	.	PUNCT
cjal-3180	119	1	bruce	bruce	PROPN
cjal-3180	119	2	einhorn	einhorn	PROPN
cjal-3180	119	3	,	,	PUNCT
cjal-3180	119	4	the	the	DET
cjal-3180	119	5	china	china	PROPN
cjal-3180	119	6	china	china	PROPN
cjal-3180	119	7	connection	connection	PROPN
cjal-3180	119	8	,	,	PUNCT
cjal-3180	119	9	bus	bus	NOUN
cjal-3180	119	10	.	.	PUNCT
cjal-3180	120	1	wk	wk	INTJ
cjal-3180	120	2	.	.	PROPN
cjal-3180	120	3	,	,	PUNCT
cjal-3180	120	4	aug	aug	PROPN
cjal-3180	120	5	.	.	PROPN
cjal-3180	120	6	5	5	NUM
cjal-3180	120	7	,	,	PUNCT
cjal-3180	120	8	1995	1995	NUM
cjal-3180	120	9	,	,	PUNCT
cjal-3180	120	10	at	at	ADP
cjal-3180	120	11	32	32	NUM
cjal-3180	120	12	(	(	PUNCT
cjal-3180	120	13	quoting	quote	VERB
cjal-3180	120	14	james	james	PROPN
cjal-3180	120	15	haft	haft	NOUN
cjal-3180	120	16	,	,	PUNCT
cjal-3180	120	17	managing	manage	VERB
cjal-3180	120	18	director	director	NOUN
cjal-3180	120	19	for	for	ADP
cjal-3180	120	20	emerging	emerge	VERB
cjal-3180	120	21	-	-	PUNCT
cjal-3180	120	22	markets	market	NOUN
cjal-3180	120	23	investment	investment	NOUN
cjal-3180	120	24	banking	banking	NOUN
cjal-3180	120	25	at	at	ADP
cjal-3180	120	26	furman	furman	PROPN
cjal-3180	120	27	selz	selz	PROPN
cjal-3180	120	28	)	)	PUNCT
cjal-3180	120	29	.	.	PUNCT
cjal-3180	121	1	40	40	NUM
cjal-3180	121	2	.	.	PUNCT
cjal-3180	122	1	i	i	PRON
cjal-3180	122	2	d.	d.	PROPN
cjal-3180	122	3	,	,	PUNCT
cjal-3180	122	4	at	at	ADP
cjal-3180	122	5	32	32	NUM
cjal-3180	122	6	.	.	PUNCT
cjal-3180	123	1	m	m	PROPN
cjal-3180	123	2	&	&	CCONJ
cjal-3180	123	3	a	a	DET
cjal-3180	123	4	regulations	regulation	NOUN
cjal-3180	123	5	in	in	ADP
cjal-3180	123	6	hong	hong	PROPN
cjal-3180	123	7	kong	kong	PROPN
cjal-3180	123	8	of	of	ADP
cjal-3180	123	9	scale.4	scale.4	PROPN
cjal-3180	123	10	'	'	PUNCT
cjal-3180	123	11	to	to	ADP
cjal-3180	123	12	them	they	PRON
cjal-3180	123	13	,	,	PUNCT
cjal-3180	123	14	the	the	DET
cjal-3180	123	15	recently	recently	ADV
cjal-3180	123	16	liberalized	liberalize	VERB
cjal-3180	123	17	listing	listing	NOUN
cjal-3180	123	18	requirements	requirement	NOUN
cjal-3180	123	19	of	of	ADP
cjal-3180	123	20	the	the	DET
cjal-3180	123	21	hong	hong	PROPN
cjal-3180	123	22	kong	kong	PROPN
cjal-3180	123	23	stock	stock	PROPN
cjal-3180	123	24	exchange	exchange	PROPN
cjal-3180	123	25	look	look	VERB
cjal-3180	123	26	particularly	particularly	ADV
cjal-3180	123	27	attractive	attractive	ADJ
cjal-3180	123	28	and	and	CCONJ
cjal-3180	123	29	many	many	ADJ
cjal-3180	123	30	have	have	AUX
cjal-3180	123	31	continued	continue	VERB
cjal-3180	123	32	to	to	PART
cjal-3180	123	33	list	list	VERB
cjal-3180	123	34	on	on	ADP
cjal-3180	123	35	the	the	DET
cjal-3180	123	36	hong	hong	PROPN
cjal-3180	123	37	kong	kong	PROPN
cjal-3180	123	38	market	market	NOUN
cjal-3180	123	39	despite	despite	SCONJ
cjal-3180	123	40	its	its	PRON
cjal-3180	123	41	recent	recent	ADJ
cjal-3180	123	42	turmoil	turmoil	NOUN
cjal-3180	123	43	and	and	CCONJ
cjal-3180	123	44	sharp	sharp	ADJ
cjal-3180	123	45	declines	decline	NOUN
cjal-3180	123	46	in	in	ADP
cjal-3180	123	47	valuation.42	valuation.42	PROPN
cjal-3180	123	48	access	access	NOUN
cjal-3180	123	49	to	to	ADP
cjal-3180	123	50	new	new	ADJ
cjal-3180	123	51	markets	market	NOUN
cjal-3180	123	52	also	also	ADV
cjal-3180	123	53	plays	play	VERB
cjal-3180	123	54	a	a	DET
cjal-3180	123	55	role	role	NOUN
cjal-3180	123	56	.	.	PUNCT
cjal-3180	124	1	ironically	ironically	ADV
cjal-3180	124	2	,	,	PUNCT
cjal-3180	124	3	while	while	SCONJ
cjal-3180	124	4	foreign	foreign	ADJ
cjal-3180	124	5	firms	firm	NOUN
cjal-3180	124	6	search	search	VERB
cjal-3180	124	7	for	for	ADP
cjal-3180	124	8	ways	way	NOUN
cjal-3180	124	9	to	to	PART
cjal-3180	124	10	enter	enter	VERB
cjal-3180	124	11	prc	prc	PROPN
cjal-3180	124	12	markets	market	NOUN
cjal-3180	124	13	,	,	PUNCT
cjal-3180	124	14	some	some	DET
cjal-3180	124	15	prc	prc	PROPN
cjal-3180	124	16	firms	firm	NOUN
cjal-3180	124	17	are	be	AUX
cjal-3180	124	18	going	go	VERB
cjal-3180	124	19	in	in	ADP
cjal-3180	124	20	the	the	DET
cjal-3180	124	21	other	other	ADJ
cjal-3180	124	22	direction.4	direction.4	PROPN
cjal-3180	124	23	3	3	NUM
cjal-3180	124	24	to	to	ADP
cjal-3180	124	25	some	some	DET
cjal-3180	124	26	extent	extent	NOUN
cjal-3180	124	27	this	this	PRON
cjal-3180	124	28	is	be	AUX
cjal-3180	124	29	a	a	DET
cjal-3180	124	30	matter	matter	NOUN
cjal-3180	124	31	of	of	ADP
cjal-3180	124	32	economics	economic	NOUN
cjal-3180	124	33	.	.	PUNCT
cjal-3180	125	1	large	large	ADJ
cjal-3180	125	2	and	and	CCONJ
cjal-3180	125	3	relatively	relatively	ADV
cjal-3180	125	4	efficient	efficient	ADJ
cjal-3180	125	5	foreign	foreign	ADJ
cjal-3180	125	6	firms	firm	NOUN
cjal-3180	125	7	see	see	VERB
cjal-3180	125	8	china	china	PROPN
cjal-3180	125	9	first	first	ADV
cjal-3180	125	10	as	as	ADP
cjal-3180	125	11	a	a	DET
cjal-3180	125	12	huge	huge	ADJ
cjal-3180	125	13	and	and	CCONJ
cjal-3180	125	14	rapidly	rapidly	ADV
cjal-3180	125	15	expanding	expand	VERB
cjal-3180	125	16	market	market	NOUN
cjal-3180	125	17	for	for	ADP
cjal-3180	125	18	their	their	PRON
cjal-3180	125	19	products	product	NOUN
cjal-3180	125	20	,	,	PUNCT
cjal-3180	125	21	and	and	CCONJ
cjal-3180	125	22	only	only	ADV
cjal-3180	125	23	secondly	secondly	ADV
cjal-3180	125	24	as	as	ADP
cjal-3180	125	25	a	a	DET
cjal-3180	125	26	source	source	NOUN
cjal-3180	125	27	of	of	ADP
cjal-3180	125	28	cheaper	cheap	ADJ
cjal-3180	125	29	labor	labor	NOUN
cjal-3180	125	30	and	and	CCONJ
cjal-3180	125	31	lower	low	ADJ
cjal-3180	125	32	production	production	NOUN
cjal-3180	125	33	cost	cost	NOUN
cjal-3180	125	34	.	.	PUNCT
cjal-3180	126	1	4	4	NUM
cjal-3180	126	2	prc	prc	PROPN
cjal-3180	126	3	firms	firm	NOUN
cjal-3180	126	4	,	,	PUNCT
cjal-3180	126	5	quite	quite	ADV
cjal-3180	126	6	differently	differently	ADV
cjal-3180	126	7	,	,	PUNCT
cjal-3180	126	8	see	see	VERB
cjal-3180	126	9	hong	hong	PROPN
cjal-3180	126	10	kong	kong	PROPN
cjal-3180	126	11	as	as	ADP
cjal-3180	126	12	a	a	DET
cjal-3180	126	13	bridge	bridge	NOUN
cjal-3180	126	14	to	to	ADP
cjal-3180	126	15	developed	develop	VERB
cjal-3180	126	16	nations	nation	NOUN
cjal-3180	126	17	where	where	SCONJ
cjal-3180	126	18	they	they	PRON
cjal-3180	126	19	can	can	AUX
cjal-3180	126	20	achieve	achieve	VERB
cjal-3180	126	21	higher	high	ADJ
cjal-3180	126	22	product	product	NOUN
cjal-3180	126	23	margins	margin	NOUN
cjal-3180	126	24	and	and	CCONJ
cjal-3180	126	25	where	where	SCONJ
cjal-3180	126	26	their	their	PRON
cjal-3180	126	27	low	low	ADJ
cjal-3180	126	28	manufacturing	manufacturing	NOUN
cjal-3180	126	29	costs	cost	NOUN
cjal-3180	126	30	help	help	VERB
cjal-3180	126	31	them	they	PRON
cjal-3180	126	32	compete.4	compete.4	ADJ
cjal-3180	126	33	5	5	NUM
cjal-3180	126	34	for	for	ADP
cjal-3180	126	35	instance	instance	NOUN
cjal-3180	126	36	,	,	PUNCT
cjal-3180	126	37	richard	richard	PROPN
cjal-3180	126	38	lesher	lesher	PROPN
cjal-3180	126	39	,	,	PUNCT
cjal-3180	126	40	president	president	NOUN
cjal-3180	126	41	of	of	ADP
cjal-3180	126	42	the	the	DET
cjal-3180	126	43	u.s	u.s	PROPN
cjal-3180	126	44	.	.	PROPN
cjal-3180	126	45	chamber	chamber	PROPN
cjal-3180	126	46	of	of	ADP
cjal-3180	126	47	commerce	commerce	PROPN
cjal-3180	126	48	,	,	PUNCT
cjal-3180	126	49	noted	note	VERB
cjal-3180	126	50	that	that	SCONJ
cjal-3180	126	51	"	"	PUNCT
cjal-3180	126	52	the	the	DET
cjal-3180	126	53	u.s	u.s	PROPN
cjal-3180	126	54	.	.	PROPN
cjal-3180	126	55	market	market	NOUN
cjal-3180	126	56	is	be	AUX
cjal-3180	126	57	even	even	ADV
cjal-3180	126	58	more	more	ADV
cjal-3180	126	59	important	important	ADJ
cjal-3180	126	60	to	to	ADP
cjal-3180	126	61	china	china	PROPN
cjal-3180	126	62	's	's	PART
cjal-3180	126	63	growing	grow	VERB
cjal-3180	126	64	economy	economy	NOUN
cjal-3180	126	65	[	[	X
cjal-3180	126	66	than	than	SCONJ
cjal-3180	126	67	the	the	DET
cjal-3180	126	68	chinese	chinese	ADJ
cjal-3180	126	69	market	market	NOUN
cjal-3180	126	70	is	be	AUX
cjal-3180	126	71	to	to	ADP
cjal-3180	126	72	u.s	u.s	PROPN
cjal-3180	126	73	.	.	PROPN
cjal-3180	126	74	firms	firm	NOUN
cjal-3180	126	75	]	]	PUNCT
cjal-3180	126	76	.	.	PUNCT
cjal-3180	127	1	roughly	roughly	ADV
cjal-3180	127	2	one	one	NUM
cjal-3180	127	3	-	-	PUNCT
cjal-3180	127	4	third	third	NOUN
cjal-3180	127	5	of	of	ADP
cjal-3180	127	6	chinese	chinese	ADJ
cjal-3180	127	7	exports	export	NOUN
cjal-3180	127	8	mainly	mainly	ADV
cjal-3180	127	9	textiles	textile	NOUN
cjal-3180	127	10	and	and	CCONJ
cjal-3180	127	11	footwear	footwear	NOUN
cjal-3180	127	12	are	be	AUX
cjal-3180	127	13	sold	sell	VERB
cjal-3180	127	14	to	to	ADP
cjal-3180	127	15	americans	americans	PROPN
cjal-3180	127	16	.	.	PUNCT
cjal-3180	128	1	"46	"46	VERB
cjal-3180	128	2	by	by	ADP
cjal-3180	128	3	entering	enter	VERB
cjal-3180	128	4	the	the	DET
cjal-3180	128	5	hong	hong	PROPN
cjal-3180	128	6	kong	kong	PROPN
cjal-3180	128	7	market	market	NOUN
cjal-3180	128	8	,	,	PUNCT
cjal-3180	128	9	these	these	DET
cjal-3180	128	10	firms	firm	NOUN
cjal-3180	128	11	may	may	AUX
cjal-3180	128	12	feel	feel	VERB
cjal-3180	128	13	better	well	ADV
cjal-3180	128	14	positioned	position	VERB
cjal-3180	128	15	to	to	PART
cjal-3180	128	16	expand	expand	VERB
cjal-3180	128	17	elsewhere	elsewhere	ADV
cjal-3180	128	18	.	.	PUNCT
cjal-3180	129	1	the	the	DET
cjal-3180	129	2	availability	availability	NOUN
cjal-3180	129	3	of	of	ADP
cjal-3180	129	4	better	well	ADJ
cjal-3180	129	5	management	management	NOUN
cjal-3180	129	6	and	and	CCONJ
cjal-3180	129	7	technical	technical	ADJ
cjal-3180	129	8	personnel	personnel	NOUN
cjal-3180	129	9	interacts	interact	VERB
cjal-3180	129	10	with	with	ADP
cjal-3180	129	11	the	the	DET
cjal-3180	129	12	above	above	ADJ
cjal-3180	129	13	factors	factor	NOUN
cjal-3180	129	14	,	,	PUNCT
cjal-3180	129	15	providing	provide	VERB
cjal-3180	129	16	a	a	DET
cjal-3180	129	17	further	further	ADJ
cjal-3180	129	18	incentive	incentive	NOUN
cjal-3180	129	19	for	for	SCONJ
cjal-3180	129	20	prc	prc	PROPN
cjal-3180	129	21	firms	firm	NOUN
cjal-3180	129	22	to	to	PART
cjal-3180	129	23	operate	operate	VERB
cjal-3180	129	24	in	in	ADP
cjal-3180	129	25	hong	hong	PROPN
cjal-3180	129	26	kong.47	kong.47	PROPN
cjal-3180	129	27	a	a	DET
cjal-3180	129	28	severe	severe	ADJ
cjal-3180	129	29	shortage	shortage	NOUN
cjal-3180	129	30	of	of	ADP
cjal-3180	129	31	talented	talented	ADJ
cjal-3180	129	32	and	and	CCONJ
cjal-3180	129	33	qualified	qualified	ADJ
cjal-3180	129	34	people	people	NOUN
cjal-3180	129	35	has	have	AUX
cjal-3180	129	36	become	become	VERB
cjal-3180	129	37	a	a	DET
cjal-3180	129	38	major	major	ADJ
cjal-3180	129	39	bottleneck	bottleneck	NOUN
cjal-3180	129	40	for	for	ADP
cjal-3180	129	41	both	both	CCONJ
cjal-3180	129	42	local	local	ADJ
cjal-3180	129	43	and	and	CCONJ
cjal-3180	129	44	foreign	foreign	ADJ
cjal-3180	129	45	41	41	NUM
cjal-3180	129	46	.	.	PUNCT
cjal-3180	130	1	hong	hong	PROPN
cjal-3180	130	2	yong	yong	PROPN
cjal-3180	130	3	,	,	PUNCT
cjal-3180	130	4	china	china	PROPN
cjal-3180	130	5	:	:	PUNCT
cjal-3180	130	6	shenzhen	shenzhen	PROPN
cjal-3180	130	7	bracing	brace	VERB
cjal-3180	130	8	for.1v	for.1v	NUM
cjal-3180	130	9	traders	trader	NOUN
cjal-3180	130	10	,	,	PUNCT
cjal-3180	130	11	bus	bus	NOUN
cjal-3180	130	12	.	.	PUNCT
cjal-3180	131	1	ik	ik	PROPN
cjal-3180	131	2	.	.	PROPN
cjal-3180	132	1	(	(	PUNCT
cjal-3180	132	2	china	china	PROPN
cjal-3180	132	3	daily	daily	PROPN
cjal-3180	132	4	supp	supp	PROPN
cjal-3180	132	5	.	.	PUNCT
cjal-3180	132	6	)	)	PUNCT
cjal-3180	132	7	,	,	PUNCT
cjal-3180	132	8	nov	nov	PROPN
cjal-3180	132	9	.	.	PROPN
cjal-3180	132	10	10	10	NUM
cjal-3180	132	11	,	,	PUNCT
cjal-3180	132	12	1996	1996	NUM
cjal-3180	132	13	.	.	PUNCT
cjal-3180	133	1	42	42	NUM
cjal-3180	133	2	.	.	PUNCT
cjal-3180	134	1	john	john	PROPN
cjal-3180	134	2	ridding	ridding	PROPN
cjal-3180	134	3	,	,	PUNCT
cjal-3180	134	4	peregrine	peregrine	NOUN
cjal-3180	134	5	's	's	PART
cjal-3180	134	6	grim	grim	ADJ
cjal-3180	134	7	lessons	lesson	NOUN
cjal-3180	134	8	,	,	PUNCT
cjal-3180	134	9	fin	fin	NOUN
cjal-3180	134	10	.	.	PUNCT
cjal-3180	135	1	times	times	PROPN
cjal-3180	135	2	(	(	PUNCT
cjal-3180	135	3	london	london	PROPN
cjal-3180	135	4	)	)	PUNCT
cjal-3180	135	5	,	,	PUNCT
cjal-3180	135	6	jan	jan	PROPN
cjal-3180	135	7	.	.	PROPN
cjal-3180	135	8	23	23	NUM
cjal-3180	135	9	,	,	PUNCT
cjal-3180	135	10	1998	1998	NUM
cjal-3180	135	11	,	,	PUNCT
cjal-3180	135	12	at	at	ADP
cjal-3180	135	13	12	12	NUM
cjal-3180	135	14	.	.	PUNCT
cjal-3180	136	1	(	(	PUNCT
cjal-3180	136	2	noting	note	VERB
cjal-3180	136	3	that	that	SCONJ
cjal-3180	136	4	such	such	ADJ
cjal-3180	136	5	firms	firm	NOUN
cjal-3180	136	6	include	include	VERB
cjal-3180	136	7	china	china	PROPN
cjal-3180	136	8	telecom	telecom	PROPN
cjal-3180	136	9	,	,	PUNCT
cjal-3180	136	10	"	"	PUNCT
cjal-3180	136	11	the	the	DET
cjal-3180	136	12	biggest	big	ADJ
cjal-3180	136	13	ever'red	ever're	VERB
cjal-3180	136	14	chip	chip	NOUN
cjal-3180	136	15	'	'	PUNCT
cjal-3180	136	16	to	to	PART
cjal-3180	136	17	list	list	VERB
cjal-3180	136	18	in	in	ADP
cjal-3180	136	19	the	the	DET
cjal-3180	136	20	territory	territory	NOUN
cjal-3180	136	21	,	,	PUNCT
cjal-3180	136	22	during	during	ADP
cjal-3180	136	23	the	the	DET
cjal-3180	136	24	severe	severe	ADJ
cjal-3180	136	25	market	market	NOUN
cjal-3180	136	26	turmoil	turmoil	NOUN
cjal-3180	136	27	of	of	ADP
cjal-3180	136	28	last	last	ADJ
cjal-3180	136	29	october	october	PROPN
cjal-3180	136	30	"	"	PUNCT
cjal-3180	136	31	,	,	PUNCT
cjal-3180	136	32	and	and	CCONJ
cjal-3180	136	33	cnac	cnac	NOUN
cjal-3180	136	34	,	,	PUNCT
cjal-3180	136	35	"	"	PUNCT
cjal-3180	136	36	the	the	DET
cjal-3180	136	37	commercial	commercial	ADJ
cjal-3180	136	38	arm	arm	NOUN
cjal-3180	136	39	of	of	ADP
cjal-3180	136	40	china	china	PROPN
cjal-3180	136	41	's	's	PART
cjal-3180	136	42	aviation	aviation	NOUN
cjal-3180	136	43	regulator	regulator	NOUN
cjal-3180	136	44	"	"	PUNCT
cjal-3180	136	45	)	)	PUNCT
cjal-3180	136	46	.	.	PUNCT
cjal-3180	137	1	43	43	NUM
cjal-3180	137	2	.	.	PUNCT
cjal-3180	138	1	gareth	gareth	PROPN
cjal-3180	138	2	hewett	hewett	PROPN
cjal-3180	138	3	,	,	PUNCT
cjal-3180	138	4	unique	unique	ADJ
cjal-3180	138	5	ingredients	ingredient	NOUN
cjal-3180	138	6	,	,	PUNCT
cjal-3180	138	7	perfect	perfect	ADJ
cjal-3180	138	8	recipe	recipe	NOUN
cjal-3180	138	9	,	,	PUNCT
cjal-3180	138	10	sunday	sunday	PROPN
cjal-3180	138	11	morning	morning	PROPN
cjal-3180	138	12	post	post	PROPN
cjal-3180	138	13	,	,	PUNCT
cjal-3180	138	14	jul	jul	PROPN
cjal-3180	138	15	.	.	PROPN
cjal-3180	138	16	21	21	NUM
cjal-3180	138	17	,	,	PUNCT
cjal-3180	138	18	1996	1996	NUM
cjal-3180	138	19	,	,	PUNCT
cjal-3180	138	20	at	at	ADP
cjal-3180	138	21	3	3	NUM
cjal-3180	138	22	(	(	PUNCT
cjal-3180	138	23	noting	note	VERB
cjal-3180	138	24	that	that	SCONJ
cjal-3180	138	25	mainland	mainland	NOUN
cjal-3180	138	26	firms	firm	NOUN
cjal-3180	138	27	have	have	AUX
cjal-3180	138	28	invested	invest	VERB
cjal-3180	138	29	heavily	heavily	ADV
cjal-3180	138	30	and	and	CCONJ
cjal-3180	138	31	won	win	VERB
cjal-3180	138	32	"	"	PUNCT
cjal-3180	138	33	significant	significant	ADJ
cjal-3180	138	34	shares	share	NOUN
cjal-3180	138	35	of	of	ADP
cjal-3180	138	36	several	several	ADJ
cjal-3180	138	37	key	key	ADJ
cjal-3180	138	38	markets	market	NOUN
cjal-3180	138	39	in	in	ADP
cjal-3180	138	40	hong	hong	PROPN
cjal-3180	138	41	kong	kong	PROPN
cjal-3180	138	42	"	"	PUNCT
cjal-3180	138	43	)	)	PUNCT
cjal-3180	138	44	.	.	PUNCT
cjal-3180	139	1	44	44	NUM
cjal-3180	139	2	.	.	PUNCT
cjal-3180	140	1	this	this	PRON
cjal-3180	140	2	is	be	AUX
cjal-3180	140	3	due	due	ADJ
cjal-3180	140	4	in	in	ADP
cjal-3180	140	5	large	large	ADJ
cjal-3180	140	6	part	part	NOUN
cjal-3180	140	7	to	to	ADP
cjal-3180	140	8	reports	report	NOUN
cjal-3180	140	9	produced	produce	VERB
cjal-3180	140	10	by	by	ADP
cjal-3180	140	11	consulting	consult	VERB
cjal-3180	140	12	firms	firm	NOUN
cjal-3180	140	13	and	and	CCONJ
cjal-3180	140	14	the	the	DET
cjal-3180	140	15	media	medium	NOUN
cjal-3180	140	16	,	,	PUNCT
cjal-3180	140	17	which	which	PRON
cjal-3180	140	18	often	often	ADV
cjal-3180	140	19	stress	stress	VERB
cjal-3180	140	20	china	china	PROPN
cjal-3180	140	21	's	's	PART
cjal-3180	140	22	size	size	NOUN
cjal-3180	140	23	and	and	CCONJ
cjal-3180	140	24	potential	potential	ADJ
cjal-3180	140	25	while	while	SCONJ
cjal-3180	140	26	downplaying	downplay	VERB
cjal-3180	140	27	its	its	PRON
cjal-3180	140	28	lower	low	ADJ
cjal-3180	140	29	living	living	NOUN
cjal-3180	140	30	standards	standard	NOUN
cjal-3180	140	31	and	and	CCONJ
cjal-3180	140	32	disposable	disposable	ADJ
cjal-3180	140	33	income	income	NOUN
cjal-3180	140	34	,	,	PUNCT
cjal-3180	140	35	since	since	SCONJ
cjal-3180	140	36	these	these	PRON
cjal-3180	140	37	decrease	decrease	NOUN
cjal-3180	140	38	the	the	DET
cjal-3180	140	39	viability	viability	NOUN
cjal-3180	140	40	of	of	ADP
cjal-3180	140	41	selling	sell	VERB
cjal-3180	140	42	products	product	NOUN
cjal-3180	140	43	there	there	ADV
cjal-3180	140	44	.	.	PUNCT
cjal-3180	141	1	since	since	SCONJ
cjal-3180	141	2	multinational	multinational	ADJ
cjal-3180	141	3	firms	firm	NOUN
cjal-3180	141	4	often	often	ADV
cjal-3180	141	5	face	face	VERB
cjal-3180	141	6	static	static	NOUN
cjal-3180	141	7	(	(	PUNCT
cjal-3180	141	8	or	or	CCONJ
cjal-3180	141	9	at	at	ADV
cjal-3180	141	10	best	well	ADV
cjal-3180	141	11	very	very	ADV
cjal-3180	141	12	slowly	slowly	ADV
cjal-3180	141	13	growing	grow	VERB
cjal-3180	141	14	)	)	PUNCT
cjal-3180	141	15	market	market	NOUN
cjal-3180	141	16	share	share	NOUN
cjal-3180	141	17	for	for	ADP
cjal-3180	141	18	their	their	PRON
cjal-3180	141	19	products	product	NOUN
cjal-3180	141	20	in	in	ADP
cjal-3180	141	21	the	the	DET
cjal-3180	141	22	developed	develop	VERB
cjal-3180	141	23	nations	nation	NOUN
cjal-3180	141	24	,	,	PUNCT
cjal-3180	141	25	the	the	DET
cjal-3180	141	26	prospect	prospect	NOUN
cjal-3180	141	27	of	of	ADP
cjal-3180	141	28	undeveloped	undeveloped	ADJ
cjal-3180	141	29	markets	market	NOUN
cjal-3180	141	30	has	have	AUX
cjal-3180	141	31	become	become	VERB
cjal-3180	141	32	more	more	ADV
cjal-3180	141	33	attractive	attractive	ADJ
cjal-3180	141	34	than	than	SCONJ
cjal-3180	141	35	cost	cost	VERB
cjal-3180	141	36	savings	saving	NOUN
cjal-3180	141	37	from	from	ADP
cjal-3180	141	38	reduced	reduce	VERB
cjal-3180	141	39	labor	labor	NOUN
cjal-3180	141	40	and	and	CCONJ
cjal-3180	141	41	production	production	NOUN
cjal-3180	141	42	costs	cost	NOUN
cjal-3180	141	43	.	.	PUNCT
cjal-3180	142	1	see	see	VERB
cjal-3180	142	2	william	william	PROPN
cjal-3180	142	3	miller	miller	PROPN
cjal-3180	142	4	,	,	PUNCT
cjal-3180	142	5	demystifying	demystify	VERB
cjal-3180	142	6	the	the	DET
cjal-3180	142	7	far	far	ADJ
cjal-3180	142	8	east	east	NOUN
cjal-3180	142	9	,	,	PUNCT
cjal-3180	142	10	industry	industry	NOUN
cjal-3180	142	11	wil	wil	NOUN
cjal-3180	142	12	,	,	PUNCT
cjal-3180	142	13	jun	jun	PROPN
cjal-3180	142	14	.	.	PROPN
cjal-3180	142	15	5	5	NUM
cjal-3180	142	16	,	,	PUNCT
cjal-3180	142	17	1995	1995	NUM
cjal-3180	142	18	,	,	PUNCT
cjal-3180	142	19	at	at	ADP
cjal-3180	142	20	36	36	NUM
cjal-3180	142	21	.	.	PUNCT
cjal-3180	143	1	45	45	NUM
cjal-3180	143	2	.	.	PUNCT
cjal-3180	143	3	lu	lu	PROPN
cjal-3180	143	4	ping	ping	PROPN
cjal-3180	143	5	,	,	PUNCT
cjal-3180	143	6	deng	deng	PROPN
cjal-3180	143	7	ensured	ensure	VERB
cjal-3180	143	8	hk	hk	PROPN
cjal-3180	143	9	's	's	PART
cjal-3180	143	10	special	special	ADJ
cjal-3180	143	11	status	status	NOUN
cjal-3180	143	12	,	,	PUNCT
cjal-3180	143	13	s.	s.	PROPN
cjal-3180	143	14	china	china	PROPN
cjal-3180	143	15	morning	morning	PROPN
cjal-3180	143	16	post	post	PROPN
cjal-3180	143	17	,	,	PUNCT
cjal-3180	143	18	may	may	AUX
cjal-3180	143	19	7	7	NUM
cjal-3180	143	20	.	.	NUM
cjal-3180	143	21	1994	1994	NUM
cjal-3180	143	22	,	,	PUNCT
cjal-3180	143	23	at	at	ADP
cjal-3180	143	24	4	4	NUM
cjal-3180	143	25	.	.	NOUN
cjal-3180	143	26	46	46	NUM
cjal-3180	143	27	.	.	PUNCT
cjal-3180	144	1	richard	richard	PROPN
cjal-3180	144	2	lesher	lesher	PROPN
cjal-3180	144	3	,	,	PUNCT
cjal-3180	144	4	should	should	AUX
cjal-3180	144	5	congress	congress	PROPN
cjal-3180	144	6	grant	grant	VERB
cjal-3180	144	7	permanent	permanent	ADJ
cjal-3180	144	8	most	most	ADV
cjal-3180	144	9	favored	favor	VERB
cjal-3180	144	10	nation	nation	NOUN
cjal-3180	144	11	'	'	PART
cjal-3180	144	12	status	status	NOUN
cjal-3180	144	13	to	to	ADP
cjal-3180	144	14	china	china	PROPN
cjal-3180	144	15	?	?	PUNCT
cjal-3180	144	16	,	,	PUNCT
cjal-3180	144	17	wash	wash	NOUN
cjal-3180	144	18	.	.	PUNCT
cjal-3180	145	1	tiums	tium	NOUN
cjal-3180	145	2	,	,	PUNCT
cjal-3180	145	3	jan	jan	PROPN
cjal-3180	145	4	.	.	PROPN
cjal-3180	145	5	6	6	NUM
cjal-3180	145	6	,	,	PUNCT
cjal-3180	145	7	1997	1997	NUM
cjal-3180	145	8	,	,	PUNCT
cjal-3180	145	9	at	at	ADP
cjal-3180	145	10	24	24	NUM
cjal-3180	145	11	.	.	PUNCT
cjal-3180	146	1	47	47	NUM
cjal-3180	146	2	.	.	PUNCT
cjal-3180	147	1	lucas	lucas	PROPN
cjal-3180	147	2	,	,	PUNCT
cjal-3180	147	3	supra	supra	PROPN
cjal-3180	147	4	note	note	NOUN
cjal-3180	147	5	8	8	NUM
cjal-3180	147	6	,	,	PUNCT
cjal-3180	147	7	at	at	ADP
cjal-3180	147	8	6	6	NUM
cjal-3180	147	9	.	.	NOUN
cjal-3180	147	10	1998	1998	NUM
cjal-3180	147	11	]	]	PUNCT
cjal-3180	147	12	columbia	columbia	PROPN
cjal-3180	147	13	journal	journal	PROPN
cjal-3180	147	14	of	of	ADP
cjal-3180	147	15	asian	asian	PROPN
cjal-3180	147	16	la	la	PROPN
cjal-3180	147	17	w	w	PROPN
cjal-3180	147	18	firms	firm	NOUN
cjal-3180	147	19	to	to	PART
cjal-3180	147	20	expand	expand	VERB
cjal-3180	147	21	within	within	ADP
cjal-3180	147	22	the	the	DET
cjal-3180	147	23	prc.4	prc.4	NOUN
cjal-3180	147	24	"	"	PUNCT
cjal-3180	147	25	trained	train	VERB
cjal-3180	147	26	personnel	personnel	NOUN
cjal-3180	147	27	are	be	AUX
cjal-3180	147	28	increasingly	increasingly	ADV
cjal-3180	147	29	important	important	ADJ
cjal-3180	147	30	as	as	SCONJ
cjal-3180	147	31	prc	prc	PROPN
cjal-3180	147	32	firms	firm	NOUN
cjal-3180	147	33	face	face	VERB
cjal-3180	147	34	stronger	strong	ADJ
cjal-3180	147	35	competition	competition	NOUN
cjal-3180	147	36	,	,	PUNCT
cjal-3180	147	37	49	49	NUM
cjal-3180	147	38	and	and	CCONJ
cjal-3180	147	39	are	be	AUX
cjal-3180	147	40	forced	force	VERB
cjal-3180	147	41	to	to	PART
cjal-3180	147	42	"	"	PUNCT
cjal-3180	147	43	improve	improve	VERB
cjal-3180	147	44	internal	internal	ADJ
cjal-3180	147	45	management	management	NOUN
cjal-3180	147	46	,	,	PUNCT
cjal-3180	147	47	cut	cut	VERB
cjal-3180	147	48	costs	cost	NOUN
cjal-3180	147	49	and	and	CCONJ
cjal-3180	147	50	rework	rework	VERB
cjal-3180	147	51	the	the	DET
cjal-3180	147	52	structure	structure	NOUN
cjal-3180	147	53	of	of	ADP
cjal-3180	147	54	their	their	PRON
cjal-3180	147	55	export	export	NOUN
cjal-3180	147	56	commodities	commodity	NOUN
cjal-3180	147	57	.	.	PUNCT
cjal-3180	148	1	"50	"50	PROPN
cjal-3180	149	1	hong	hong	PROPN
cjal-3180	149	2	kong	kong	PROPN
cjal-3180	149	3	offers	offer	VERB
cjal-3180	149	4	numerous	numerous	ADJ
cjal-3180	149	5	such	such	ADJ
cjal-3180	149	6	individuals	individual	NOUN
cjal-3180	149	7	concentrated	concentrate	VERB
cjal-3180	149	8	in	in	ADP
cjal-3180	149	9	a	a	DET
cjal-3180	149	10	small	small	ADJ
cjal-3180	149	11	area	area	NOUN
cjal-3180	149	12	(	(	PUNCT
cjal-3180	149	13	many	many	ADJ
cjal-3180	149	14	of	of	ADP
cjal-3180	149	15	whom	whom	PRON
cjal-3180	149	16	received	receive	VERB
cjal-3180	149	17	their	their	PRON
cjal-3180	149	18	training	training	NOUN
cjal-3180	149	19	overseas	overseas	ADV
cjal-3180	149	20	in	in	ADP
cjal-3180	149	21	the	the	DET
cjal-3180	149	22	united	united	PROPN
cjal-3180	149	23	states	states	PROPN
cjal-3180	149	24	or	or	CCONJ
cjal-3180	149	25	other	other	ADJ
cjal-3180	149	26	developed	develop	VERB
cjal-3180	149	27	nations	nation	NOUN
cjal-3180	149	28	)	)	PUNCT
cjal-3180	149	29	.	.	PUNCT
cjal-3180	150	1	the	the	DET
cjal-3180	150	2	higher	high	ADJ
cjal-3180	150	3	living	living	NOUN
cjal-3180	150	4	standards	standard	NOUN
cjal-3180	150	5	available	available	ADJ
cjal-3180	150	6	in	in	ADP
cjal-3180	150	7	hong	hong	PROPN
cjal-3180	150	8	kong	kong	PROPN
cjal-3180	150	9	also	also	ADV
cjal-3180	150	10	aid	aid	VERB
cjal-3180	150	11	in	in	ADP
cjal-3180	150	12	the	the	DET
cjal-3180	150	13	retention	retention	NOUN
cjal-3180	150	14	of	of	ADP
cjal-3180	150	15	these	these	DET
cjal-3180	150	16	individuals	individual	NOUN
cjal-3180	150	17	once	once	ADV
cjal-3180	150	18	hired	hire	VERB
cjal-3180	150	19	.	.	PUNCT
cjal-3180	151	1	2	2	X
cjal-3180	151	2	.	.	X
cjal-3180	151	3	effects	effect	NOUN
cjal-3180	151	4	on	on	ADP
cjal-3180	151	5	the	the	DET
cjal-3180	151	6	mergers	merger	NOUN
cjal-3180	151	7	and	and	CCONJ
cjal-3180	151	8	acquisitions	acquisition	NOUN
cjal-3180	151	9	environment	environment	NOUN
cjal-3180	151	10	the	the	DET
cjal-3180	151	11	potential	potential	ADJ
cjal-3180	151	12	effects	effect	NOUN
cjal-3180	151	13	upon	upon	SCONJ
cjal-3180	151	14	the	the	DET
cjal-3180	151	15	hong	hong	PROPN
cjal-3180	151	16	kong	kong	PROPN
cjal-3180	151	17	mergers	merger	NOUN
cjal-3180	151	18	and	and	CCONJ
cjal-3180	151	19	acquisitions	acquisition	NOUN
cjal-3180	151	20	environment	environment	NOUN
cjal-3180	151	21	from	from	ADP
cjal-3180	151	22	the	the	DET
cjal-3180	151	23	growing	grow	VERB
cjal-3180	151	24	presence	presence	NOUN
cjal-3180	151	25	of	of	ADP
cjal-3180	151	26	prc	prc	PROPN
cjal-3180	151	27	firms	firm	NOUN
cjal-3180	151	28	are	be	AUX
cjal-3180	151	29	both	both	PRON
cjal-3180	151	30	tactical	tactical	ADJ
cjal-3180	151	31	and	and	CCONJ
cjal-3180	151	32	strategic	strategic	ADJ
cjal-3180	151	33	.	.	PUNCT
cjal-3180	152	1	strategically	strategically	ADV
cjal-3180	152	2	,	,	PUNCT
cjal-3180	152	3	the	the	DET
cjal-3180	152	4	influx	influx	NOUN
cjal-3180	152	5	of	of	ADP
cjal-3180	152	6	new	new	ADJ
cjal-3180	152	7	small	small	ADJ
cjal-3180	152	8	firms	firm	NOUN
cjal-3180	152	9	seeking	seek	VERB
cjal-3180	152	10	capital	capital	NOUN
cjal-3180	152	11	increases	increase	VERB
cjal-3180	152	12	the	the	DET
cjal-3180	152	13	number	number	NOUN
cjal-3180	152	14	of	of	ADP
cjal-3180	152	15	potential	potential	ADJ
cjal-3180	152	16	targets	target	NOUN
cjal-3180	152	17	as	as	SCONJ
cjal-3180	152	18	such	such	ADJ
cjal-3180	152	19	firms	firm	NOUN
cjal-3180	152	20	become	become	VERB
cjal-3180	152	21	exposed	expose	VERB
cjal-3180	152	22	to	to	ADP
cjal-3180	152	23	acquirers	acquirer	NOUN
cjal-3180	152	24	which	which	PRON
cjal-3180	152	25	,	,	PUNCT
cjal-3180	152	26	on	on	ADP
cjal-3180	152	27	the	the	DET
cjal-3180	152	28	mainland	mainland	NOUN
cjal-3180	152	29	,	,	PUNCT
cjal-3180	152	30	they	they	PRON
cjal-3180	152	31	were	be	AUX
cjal-3180	152	32	largely	largely	ADV
cjal-3180	152	33	shielded	shield	VERB
cjal-3180	152	34	from.51	from.51	NOUN
cjal-3180	152	35	in	in	ADP
cjal-3180	152	36	addition	addition	NOUN
cjal-3180	152	37	to	to	ADP
cjal-3180	152	38	their	their	PRON
cjal-3180	152	39	need	need	NOUN
cjal-3180	152	40	for	for	ADP
cjal-3180	152	41	capital	capital	NOUN
cjal-3180	152	42	,	,	PUNCT
cjal-3180	152	43	which	which	PRON
cjal-3180	152	44	makes	make	VERB
cjal-3180	152	45	them	they	PRON
cjal-3180	152	46	somewhat	somewhat	ADV
cjal-3180	152	47	vulnerable	vulnerable	ADJ
cjal-3180	152	48	,	,	PUNCT
cjal-3180	152	49	some	some	PRON
cjal-3180	152	50	of	of	ADP
cjal-3180	152	51	these	these	DET
cjal-3180	152	52	firms	firm	NOUN
cjal-3180	152	53	are	be	AUX
cjal-3180	152	54	quite	quite	ADV
cjal-3180	152	55	desirable	desirable	ADJ
cjal-3180	152	56	to	to	ADP
cjal-3180	152	57	acquirers	acquirer	NOUN
cjal-3180	152	58	for	for	ADP
cjal-3180	152	59	the	the	DET
cjal-3180	152	60	very	very	ADJ
cjal-3180	152	61	reasons	reason	NOUN
cjal-3180	152	62	that	that	PRON
cjal-3180	152	63	brought	bring	VERB
cjal-3180	152	64	them	they	PRON
cjal-3180	152	65	to	to	ADP
cjal-3180	152	66	hong	hong	PROPN
cjal-3180	152	67	kong	kong	PROPN
cjal-3180	152	68	in	in	ADP
cjal-3180	152	69	the	the	DET
cjal-3180	152	70	first	first	ADJ
cjal-3180	152	71	place	place	NOUN
cjal-3180	152	72	undeveloped	undeveloped	ADJ
cjal-3180	152	73	overseas	overseas	ADJ
cjal-3180	152	74	markets	market	NOUN
cjal-3180	152	75	for	for	ADP
cjal-3180	152	76	their	their	PRON
cjal-3180	152	77	products	product	NOUN
cjal-3180	152	78	and	and	CCONJ
cjal-3180	152	79	shortages	shortage	NOUN
cjal-3180	152	80	of	of	ADP
cjal-3180	152	81	trained	train	VERB
cjal-3180	152	82	personnel	personnel	NOUN
cjal-3180	152	83	.	.	PUNCT
cjal-3180	153	1	these	these	DET
cjal-3180	153	2	difficulties	difficulty	NOUN
cjal-3180	153	3	provide	provide	VERB
cjal-3180	153	4	opportunities	opportunity	NOUN
cjal-3180	153	5	for	for	ADP
cjal-3180	153	6	a	a	DET
cjal-3180	153	7	successful	successful	ADJ
cjal-3180	153	8	acquirer	acquirer	NOUN
cjal-3180	153	9	to	to	PART
cjal-3180	153	10	improve	improve	VERB
cjal-3180	153	11	the	the	DET
cjal-3180	153	12	target	target	NOUN
cjal-3180	153	13	company	company	NOUN
cjal-3180	153	14	's	's	PART
cjal-3180	153	15	operations	operation	NOUN
cjal-3180	153	16	and	and	CCONJ
cjal-3180	153	17	increase	increase	VERB
cjal-3180	153	18	its	its	PRON
cjal-3180	153	19	profitability	profitability	NOUN
cjal-3180	153	20	,	,	PUNCT
cjal-3180	153	21	thereby	thereby	ADV
cjal-3180	153	22	justifying	justify	VERB
cjal-3180	153	23	the	the	DET
cjal-3180	153	24	acquisition	acquisition	NOUN
cjal-3180	153	25	financially	financially	ADV
cjal-3180	153	26	or	or	CCONJ
cjal-3180	153	27	by	by	ADP
cjal-3180	153	28	making	make	VERB
cjal-3180	153	29	it	it	PRON
cjal-3180	153	30	easier	easy	ADJ
cjal-3180	153	31	to	to	PART
cjal-3180	153	32	pay	pay	VERB
cjal-3180	153	33	off	off	ADP
cjal-3180	153	34	the	the	DET
cjal-3180	153	35	premium	premium	NOUN
cjal-3180	153	36	incurred	incur	VERB
cjal-3180	153	37	when	when	SCONJ
cjal-3180	153	38	purchasing	purchase	VERB
cjal-3180	153	39	the	the	DET
cjal-3180	153	40	firm	firm	NOUN
cjal-3180	153	41	.	.	PUNCT
cjal-3180	154	1	larger	large	ADJ
cjal-3180	154	2	prc	prc	PROPN
cjal-3180	154	3	firms	firm	NOUN
cjal-3180	154	4	,	,	PUNCT
cjal-3180	154	5	especially	especially	ADV
cjal-3180	154	6	state	state	NOUN
cjal-3180	154	7	owned	own	VERB
cjal-3180	154	8	enterprises	enterprise	NOUN
cjal-3180	154	9	,	,	PUNCT
cjal-3180	154	10	can	can	AUX
cjal-3180	154	11	be	be	AUX
cjal-3180	154	12	expected	expect	VERB
cjal-3180	154	13	to	to	PART
cjal-3180	154	14	have	have	VERB
cjal-3180	154	15	a	a	DET
cjal-3180	154	16	different	different	ADJ
cjal-3180	154	17	strategic	strategic	ADJ
cjal-3180	154	18	effect	effect	NOUN
cjal-3180	154	19	in	in	ADP
cjal-3180	154	20	that	that	SCONJ
cjal-3180	154	21	they	they	PRON
cjal-3180	154	22	are	be	AUX
cjal-3180	154	23	more	more	ADV
cjal-3180	154	24	likely	likely	ADJ
cjal-3180	154	25	to	to	PART
cjal-3180	154	26	act	act	VERB
cjal-3180	154	27	as	as	ADP
cjal-3180	154	28	acquirers	acquirer	NOUN
cjal-3180	154	29	and	and	CCONJ
cjal-3180	154	30	use	use	VERB
cjal-3180	154	31	direct	direct	ADJ
cjal-3180	154	32	and/or	and/or	CCONJ
cjal-3180	154	33	reverse	reverse	ADJ
cjal-3180	154	34	mergers	merger	NOUN
cjal-3180	154	35	to	to	PART
cjal-3180	154	36	enter	enter	VERB
cjal-3180	154	37	hong	hong	PROPN
cjal-3180	154	38	kong	kong	PROPN
cjal-3180	154	39	,	,	PUNCT
cjal-3180	154	40	possibly	possibly	ADV
cjal-3180	154	41	at	at	ADP
cjal-3180	154	42	below	below	ADP
cjal-3180	154	43	-	-	PUNCT
cjal-3180	154	44	market	market	NOUN
cjal-3180	154	45	prices	price	NOUN
cjal-3180	154	46	obtained	obtain	VERB
cjal-3180	154	47	through	through	ADP
cjal-3180	154	48	connections	connection	NOUN
cjal-3180	154	49	and	and	CCONJ
cjal-3180	154	50	pressure	pressure	NOUN
cjal-3180	154	51	.	.	PUNCT
cjal-3180	155	1	2	2	NUM
cjal-3180	155	2	reverse	reverse	NOUN
cjal-3180	155	3	mergers	merger	NOUN
cjal-3180	155	4	have	have	AUX
cjal-3180	155	5	even	even	ADV
cjal-3180	155	6	been	be	AUX
cjal-3180	155	7	used	use	VERB
cjal-3180	155	8	by	by	ADP
cjal-3180	155	9	some	some	PRON
cjal-3180	155	10	of	of	ADP
cjal-3180	155	11	these	these	DET
cjal-3180	155	12	firms	firm	NOUN
cjal-3180	155	13	to	to	PART
cjal-3180	155	14	reach	reach	VERB
cjal-3180	155	15	the	the	DET
cjal-3180	155	16	u.s	u.s	PROPN
cjal-3180	155	17	.	.	PROPN
cjal-3180	155	18	capital	capital	NOUN
cjal-3180	155	19	markets	market	NOUN
cjal-3180	155	20	,	,	PUNCT
cjal-3180	155	21	generally	generally	ADV
cjal-3180	155	22	by	by	ADP
cjal-3180	155	23	"	"	PUNCT
cjal-3180	155	24	forming	form	VERB
cjal-3180	155	25	a	a	DET
cjal-3180	155	26	joint	joint	ADJ
cjal-3180	155	27	venture	venture	NOUN
cjal-3180	155	28	with	with	ADP
cjal-3180	155	29	overseas	overseas	ADJ
cjal-3180	155	30	partners	partner	NOUN
cjal-3180	155	31	,	,	PUNCT
cjal-3180	155	32	often	often	ADV
cjal-3180	155	33	hong	hong	PROPN
cjal-3180	155	34	kong	kong	PROPN
cjal-3180	155	35	-	-	PUNCT
cjal-3180	155	36	based	base	VERB
cjal-3180	155	37	subsidiaries	subsidiary	NOUN
cjal-3180	155	38	of	of	ADP
cjal-3180	155	39	chinese	chinese	ADJ
cjal-3180	155	40	outfits	outfits	NOUN
cjal-3180	155	41	.	.	PUNCT
cjal-3180	156	1	that	that	PRON
cjal-3180	156	2	turns	turn	VERB
cjal-3180	156	3	[	[	X
cjal-3180	156	4	the	the	DET
cjal-3180	156	5	prc	prc	PROPN
cjal-3180	156	6	firm	firm	NOUN
cjal-3180	156	7	]	]	PUNCT
cjal-3180	156	8	into	into	ADP
cjal-3180	156	9	an	an	DET
cjal-3180	156	10	overseas	overseas	ADJ
cjal-3180	156	11	joint	joint	ADJ
cjal-3180	156	12	venture	venture	NOUN
cjal-3180	156	13	,	,	PUNCT
cjal-3180	156	14	beyond	beyond	ADP
cjal-3180	156	15	48	48	NUM
cjal-3180	156	16	.	.	PUNCT
cjal-3180	157	1	miller	miller	PROPN
cjal-3180	157	2	,	,	PUNCT
cjal-3180	157	3	supra	supra	PROPN
cjal-3180	157	4	note	note	NOUN
cjal-3180	157	5	44	44	NUM
cjal-3180	157	6	.	.	PUNCT
cjal-3180	157	7	49	49	NUM
cjal-3180	157	8	.	.	PUNCT
cjal-3180	158	1	kevin	kevin	PROPN
cjal-3180	158	2	hamlin	hamlin	PROPN
cjal-3180	158	3	(	(	PUNCT
cjal-3180	158	4	quoting	quote	VERB
cjal-3180	158	5	jeffrey	jeffrey	PROPN
cjal-3180	158	6	e.	e.	PROPN
cjal-3180	158	7	garten	garten	PROPN
cjal-3180	158	8	,	,	PUNCT
cjal-3180	158	9	united	united	PROPN
cjal-3180	158	10	states	states	PROPN
cjal-3180	158	11	undersecretary	undersecretary	NOUN
cjal-3180	158	12	for	for	ADP
cjal-3180	158	13	the	the	DET
cjal-3180	158	14	international	international	ADJ
cjal-3180	158	15	trade	trade	NOUN
cjal-3180	158	16	administration	administration	NOUN
cjal-3180	158	17	)	)	PUNCT
cjal-3180	158	18	,	,	PUNCT
cjal-3180	158	19	taking	take	VERB
cjal-3180	158	20	chances	chance	NOUN
cjal-3180	158	21	in	in	ADP
cjal-3180	158	22	china	china	PROPN
cjal-3180	158	23	,	,	PUNCT
cjal-3180	158	24	int'l	int'l	ADV
cjal-3180	158	25	bus	bus	NOUN
cjal-3180	158	26	.	.	PUNCT
cjal-3180	158	27	,	,	PUNCT
cjal-3180	158	28	dec	dec	PROPN
cjal-3180	158	29	.	.	PROPN
cjal-3180	158	30	1994	1994	NUM
cjal-3180	158	31	,	,	PUNCT
cjal-3180	158	32	at	at	ADP
cjal-3180	158	33	48	48	NUM
cjal-3180	158	34	.	.	PUNCT
cjal-3180	159	1	50	50	NUM
cjal-3180	159	2	.	.	X
cjal-3180	160	1	yong	yong	PROPN
cjal-3180	160	2	,	,	PUNCT
cjal-3180	160	3	supra	supra	PROPN
cjal-3180	160	4	note	note	PROPN
cjal-3180	160	5	41	41	NUM
cjal-3180	160	6	.	.	PUNCT
cjal-3180	161	1	51	51	NUM
cjal-3180	161	2	.	.	PUNCT
cjal-3180	162	1	see	see	VERB
cjal-3180	162	2	hong	hong	PROPN
cjal-3180	162	3	kong	kong	PROPN
cjal-3180	162	4	standard	standard	PROPN
cjal-3180	162	5	,	,	PUNCT
cjal-3180	162	6	supra	supra	PROPN
cjal-3180	162	7	note	note	NOUN
cjal-3180	162	8	6	6	NUM
cjal-3180	162	9	(	(	PUNCT
cjal-3180	162	10	noting	note	VERB
cjal-3180	162	11	that	that	SCONJ
cjal-3180	162	12	in	in	ADP
cjal-3180	162	13	1998	1998	NUM
cjal-3180	162	14	most	most	ADJ
cjal-3180	162	15	merger	merger	NOUN
cjal-3180	162	16	and	and	CCONJ
cjal-3180	162	17	acquisition	acquisition	NOUN
cjal-3180	162	18	transactions	transaction	NOUN
cjal-3180	162	19	in	in	ADP
cjal-3180	162	20	hong	hong	PROPN
cjal-3180	162	21	kong	kong	PROPN
cjal-3180	162	22	have	have	AUX
cjal-3180	162	23	been	be	AUX
cjal-3180	162	24	hong	hong	PROPN
cjal-3180	162	25	kong	kong	PROPN
cjal-3180	162	26	firms	firm	NOUN
cjal-3180	162	27	buying	buy	VERB
cjal-3180	162	28	prc	prc	PROPN
cjal-3180	162	29	companies	company	NOUN
cjal-3180	162	30	)	)	PUNCT
cjal-3180	162	31	.	.	PUNCT
cjal-3180	163	1	52	52	NUM
cjal-3180	163	2	.	.	PUNCT
cjal-3180	163	3	bruce	bruce	PROPN
cjal-3180	163	4	b.	b.	PROPN
cjal-3180	163	5	de	de	PROPN
cjal-3180	163	6	mesquita	mesquita	PROPN
cjal-3180	163	7	er	er	INTJ
cjal-3180	163	8	al	al	PROPN
cjal-3180	163	9	.	.	PROPN
cjal-3180	163	10	,	,	PUNCT
cjal-3180	163	11	red	red	ADJ
cjal-3180	163	12	flag	flag	NOUN
cjal-3180	163	13	over	over	ADP
cjal-3180	163	14	hong	hong	PROPN
cjal-3180	163	15	kong	kong	PROPN
cjal-3180	163	16	140	140	NUM
cjal-3180	163	17	(	(	PUNCT
cjal-3180	163	18	1996	1996	NUM
cjal-3180	163	19	)	)	PUNCT
cjal-3180	163	20	(	(	PUNCT
cjal-3180	163	21	noting	note	VERB
cjal-3180	163	22	the	the	DET
cjal-3180	163	23	possibility	possibility	NOUN
cjal-3180	163	24	of	of	ADP
cjal-3180	163	25	"	"	PUNCT
cjal-3180	163	26	bargain	bargain	NOUN
cjal-3180	163	27	-	-	PUNCT
cjal-3180	163	28	basement	basement	NOUN
cjal-3180	163	29	purchases	purchase	NOUN
cjal-3180	163	30	of	of	ADP
cjal-3180	163	31	stakes	stake	NOUN
cjal-3180	163	32	in	in	ADP
cjal-3180	163	33	hong	hong	PROPN
cjal-3180	163	34	kong	kong	PROPN
cjal-3180	163	35	-	-	PUNCT
cjal-3180	163	36	listed	list	VERB
cjal-3180	163	37	firms	firm	NOUN
cjal-3180	163	38	by	by	ADP
cjal-3180	163	39	mainland	mainland	NOUN
cjal-3180	163	40	enterprises	enterprise	NOUN
cjal-3180	163	41	"	"	PUNCT
cjal-3180	163	42	)	)	PUNCT
cjal-3180	163	43	.	.	PUNCT
cjal-3180	164	1	[	[	X
cjal-3180	164	2	12:1	12:1	NUM
cjal-3180	164	3	m	m	PROPN
cjal-3180	164	4	&	&	CCONJ
cjal-3180	164	5	a	a	DET
cjal-3180	164	6	regulations	regulation	NOUN
cjal-3180	164	7	in	in	ADP
cjal-3180	164	8	hong	hong	PROPN
cjal-3180	164	9	kong	kong	PROPN
cjal-3180	164	10	the	the	DET
cjal-3180	164	11	reach	reach	NOUN
cjal-3180	164	12	of	of	ADP
cjal-3180	164	13	beijing	beijing	PROPN
cjal-3180	164	14	's	's	PART
cjal-3180	164	15	regulators	regulator	NOUN
cjal-3180	164	16	.	.	PUNCT
cjal-3180	165	1	the	the	DET
cjal-3180	165	2	new	new	ADJ
cjal-3180	165	3	company	company	NOUN
cjal-3180	165	4	finds	find	VERB
cjal-3180	165	5	an	an	DET
cjal-3180	165	6	american	american	ADJ
cjal-3180	165	7	shell	shell	NOUN
cjal-3180	165	8	,	,	PUNCT
cjal-3180	165	9	buys	buy	VERB
cjal-3180	165	10	out	out	ADP
cjal-3180	165	11	the	the	DET
cjal-3180	165	12	old	old	ADJ
cjal-3180	165	13	owners	owner	NOUN
cjal-3180	165	14	,	,	PUNCT
cjal-3180	165	15	changes	change	VERB
cjal-3180	165	16	the	the	DET
cjal-3180	165	17	name	name	NOUN
cjal-3180	165	18	and	and	CCONJ
cjal-3180	165	19	management	management	NOUN
cjal-3180	165	20	,	,	PUNCT
cjal-3180	165	21	and	and	CCONJ
cjal-3180	165	22	starts	start	VERB
cjal-3180	165	23	doing	do	VERB
cjal-3180	165	24	business	business	NOUN
cjal-3180	165	25	as	as	ADP
cjal-3180	165	26	a	a	DET
cjal-3180	165	27	new	new	ADJ
cjal-3180	165	28	u.s	u.s	PROPN
cjal-3180	165	29	.	.	PROPN
cjal-3180	165	30	company	company	NOUN
cjal-3180	165	31	.	.	PUNCT
cjal-3180	166	1	53	53	NUM
cjal-3180	166	2	in	in	ADP
cjal-3180	166	3	addition	addition	NOUN
cjal-3180	166	4	to	to	ADP
cjal-3180	166	5	the	the	DET
cjal-3180	166	6	strategic	strategic	ADJ
cjal-3180	166	7	effects	effect	NOUN
cjal-3180	166	8	,	,	PUNCT
cjal-3180	166	9	there	there	PRON
cjal-3180	166	10	are	be	VERB
cjal-3180	166	11	several	several	ADJ
cjal-3180	166	12	potential	potential	ADJ
cjal-3180	166	13	tactical	tactical	ADJ
cjal-3180	166	14	problems	problem	NOUN
cjal-3180	166	15	posed	pose	VERB
cjal-3180	166	16	by	by	ADP
cjal-3180	166	17	activities	activity	NOUN
cjal-3180	166	18	of	of	ADP
cjal-3180	166	19	prc	prc	PROPN
cjal-3180	166	20	firms	firm	NOUN
cjal-3180	166	21	in	in	ADP
cjal-3180	166	22	hong	hong	PROPN
cjal-3180	166	23	kong	kong	PROPN
cjal-3180	166	24	,	,	PUNCT
cjal-3180	166	25	either	either	CCONJ
cjal-3180	166	26	as	as	ADP
cjal-3180	166	27	targets	target	NOUN
cjal-3180	166	28	or	or	CCONJ
cjal-3180	166	29	acquirers	acquirer	NOUN
cjal-3180	166	30	.	.	PUNCT
cjal-3180	167	1	one	one	NUM
cjal-3180	167	2	such	such	ADJ
cjal-3180	167	3	problem	problem	NOUN
cjal-3180	167	4	is	be	AUX
cjal-3180	167	5	the	the	DET
cjal-3180	167	6	use	use	NOUN
cjal-3180	167	7	of	of	ADP
cjal-3180	167	8	different	different	ADJ
cjal-3180	167	9	and	and	CCONJ
cjal-3180	167	10	often	often	ADV
cjal-3180	167	11	less	less	ADV
cjal-3180	167	12	stringent	stringent	ADJ
cjal-3180	167	13	accounting	accounting	NOUN
cjal-3180	167	14	standards	standard	NOUN
cjal-3180	167	15	by	by	ADP
cjal-3180	167	16	prc	prc	PROPN
cjal-3180	167	17	firms	firm	NOUN
cjal-3180	167	18	.	.	PUNCT
cjal-3180	168	1	many	many	ADJ
cjal-3180	168	2	prc	prc	PROPN
cjal-3180	168	3	firms	firm	NOUN
cjal-3180	168	4	currently	currently	ADV
cjal-3180	168	5	do	do	AUX
cjal-3180	168	6	not	not	PART
cjal-3180	168	7	disclose	disclose	VERB
cjal-3180	168	8	or	or	CCONJ
cjal-3180	168	9	compile	compile	NOUN
cjal-3180	168	10	accounting	accounting	NOUN
cjal-3180	168	11	information	information	NOUN
cjal-3180	168	12	about	about	ADP
cjal-3180	168	13	themselves	themselves	PRON
cjal-3180	168	14	in	in	ADP
cjal-3180	168	15	the	the	DET
cjal-3180	168	16	manner	manner	NOUN
cjal-3180	168	17	required	require	VERB
cjal-3180	168	18	of	of	ADP
cjal-3180	168	19	non	non	ADJ
cjal-3180	168	20	-	-	ADJ
cjal-3180	168	21	prc	prc	ADJ
cjal-3180	168	22	firms	firm	NOUN
cjal-3180	168	23	and	and	CCONJ
cjal-3180	168	24	are	be	AUX
cjal-3180	168	25	not	not	PART
cjal-3180	168	26	likely	likely	ADJ
cjal-3180	168	27	to	to	PART
cjal-3180	168	28	do	do	VERB
cjal-3180	168	29	so	so	ADV
cjal-3180	168	30	in	in	ADP
cjal-3180	168	31	the	the	DET
cjal-3180	168	32	near	near	ADJ
cjal-3180	168	33	future	future	NOUN
cjal-3180	168	34	.	.	PUNCT
cjal-3180	169	1	although	although	SCONJ
cjal-3180	169	2	debate	debate	NOUN
cjal-3180	169	3	has	have	AUX
cjal-3180	169	4	already	already	ADV
cjal-3180	169	5	arisen	arise	VERB
cjal-3180	169	6	over	over	ADP
cjal-3180	169	7	whether	whether	SCONJ
cjal-3180	169	8	to	to	PART
cjal-3180	169	9	lower	lower	VERB
cjal-3180	169	10	hong	hong	PROPN
cjal-3180	169	11	kong	kong	PROPN
cjal-3180	169	12	standards	standard	NOUN
cjal-3180	169	13	to	to	PART
cjal-3180	169	14	accommodate	accommodate	VERB
cjal-3180	169	15	them	they	PRON
cjal-3180	169	16	,	,	PUNCT
cjal-3180	169	17	prc	prc	PROPN
cjal-3180	169	18	firms	firm	NOUN
cjal-3180	169	19	have	have	AUX
cjal-3180	169	20	generally	generally	ADV
cjal-3180	169	21	not	not	PART
cjal-3180	169	22	been	be	AUX
cjal-3180	169	23	required	require	VERB
cjal-3180	169	24	to	to	PART
cjal-3180	169	25	conform	conform	VERB
cjal-3180	169	26	,	,	PUNCT
cjal-3180	169	27	despite	despite	SCONJ
cjal-3180	169	28	complaints	complaint	NOUN
cjal-3180	169	29	.	.	PUNCT
cjal-3180	170	1	the	the	DET
cjal-3180	170	2	lack	lack	NOUN
cjal-3180	170	3	of	of	ADP
cjal-3180	170	4	accurate	accurate	ADJ
cjal-3180	170	5	and	and	CCONJ
cjal-3180	170	6	readily	readily	ADV
cjal-3180	170	7	comparable	comparable	ADJ
cjal-3180	170	8	accounting	accounting	NOUN
cjal-3180	170	9	information	information	NOUN
cjal-3180	170	10	hampers	hamper	VERB
cjal-3180	170	11	merger	merger	NOUN
cjal-3180	170	12	and	and	CCONJ
cjal-3180	170	13	acquisition	acquisition	NOUN
cjal-3180	170	14	activities	activity	NOUN
cjal-3180	170	15	by	by	ADP
cjal-3180	170	16	making	make	VERB
cjal-3180	170	17	it	it	PRON
cjal-3180	170	18	harder	hard	ADJ
cjal-3180	170	19	to	to	PART
cjal-3180	170	20	accurately	accurately	ADV
cjal-3180	170	21	value	value	VERB
cjal-3180	170	22	firms	firm	NOUN
cjal-3180	170	23	involved	involve	VERB
cjal-3180	170	24	.	.	PUNCT
cjal-3180	171	1	this	this	PRON
cjal-3180	171	2	has	have	AUX
cjal-3180	171	3	in	in	ADP
cjal-3180	171	4	turn	turn	NOUN
cjal-3180	171	5	dissuaded	dissuade	VERB
cjal-3180	171	6	potential	potential	ADJ
cjal-3180	171	7	acquirers	acquirer	NOUN
cjal-3180	171	8	from	from	ADP
cjal-3180	171	9	bidding	bid	VERB
cjal-3180	171	10	since	since	SCONJ
cjal-3180	171	11	they	they	PRON
cjal-3180	171	12	can	can	AUX
cjal-3180	171	13	not	not	PART
cjal-3180	171	14	be	be	AUX
cjal-3180	171	15	sure	sure	ADJ
cjal-3180	171	16	of	of	ADP
cjal-3180	171	17	the	the	DET
cjal-3180	171	18	basic	basic	ADJ
cjal-3180	171	19	economics	economic	NOUN
cjal-3180	171	20	underlying	underlie	VERB
cjal-3180	171	21	the	the	DET
cjal-3180	171	22	transaction	transaction	NOUN
cjal-3180	171	23	or	or	CCONJ
cjal-3180	171	24	avoid	avoid	VERB
cjal-3180	171	25	overpaying	overpay	VERB
cjal-3180	171	26	.	.	PUNCT
cjal-3180	172	1	if	if	SCONJ
cjal-3180	172	2	the	the	DET
cjal-3180	172	3	takeover	takeover	NOUN
cjal-3180	172	4	goes	go	VERB
cjal-3180	172	5	forward	forward	ADV
cjal-3180	172	6	anyway	anyway	ADV
cjal-3180	172	7	,	,	PUNCT
cjal-3180	172	8	inaccurate	inaccurate	ADJ
cjal-3180	172	9	or	or	CCONJ
cjal-3180	172	10	unavailable	unavailable	ADJ
cjal-3180	172	11	information	information	NOUN
cjal-3180	172	12	about	about	ADP
cjal-3180	172	13	the	the	DET
cjal-3180	172	14	target	target	NOUN
cjal-3180	172	15	increases	increase	VERB
cjal-3180	172	16	the	the	DET
cjal-3180	172	17	difficulty	difficulty	NOUN
cjal-3180	172	18	faced	face	VERB
cjal-3180	172	19	by	by	ADP
cjal-3180	172	20	acquirers	acquirer	NOUN
cjal-3180	172	21	in	in	ADP
cjal-3180	172	22	raising	raise	VERB
cjal-3180	172	23	money	money	NOUN
cjal-3180	172	24	to	to	PART
cjal-3180	172	25	fund	fund	VERB
cjal-3180	172	26	the	the	DET
cjal-3180	172	27	acquisition	acquisition	NOUN
cjal-3180	172	28	from	from	ADP
cjal-3180	172	29	sources	source	NOUN
cjal-3180	172	30	other	other	ADJ
cjal-3180	172	31	than	than	ADP
cjal-3180	172	32	cash	cash	NOUN
cjal-3180	172	33	on	on	ADP
cjal-3180	172	34	hand.55	hand.55	NOUN
cjal-3180	172	35	as	as	ADP
cjal-3180	172	36	a	a	DET
cjal-3180	172	37	related	related	ADJ
cjal-3180	172	38	point	point	NOUN
cjal-3180	172	39	,	,	PUNCT
cjal-3180	172	40	merger	merger	NOUN
cjal-3180	172	41	and	and	CCONJ
cjal-3180	172	42	acquisition	acquisition	NOUN
cjal-3180	172	43	activities	activity	NOUN
cjal-3180	172	44	involving	involve	VERB
cjal-3180	172	45	prc	prc	PROPN
cjal-3180	172	46	firms	firm	NOUN
cjal-3180	172	47	have	have	AUX
cjal-3180	172	48	been	be	AUX
cjal-3180	172	49	further	far	ADV
cjal-3180	172	50	hampered	hamper	VERB
cjal-3180	172	51	"	"	PUNCT
cjal-3180	172	52	by	by	ADP
cjal-3180	172	53	fears	fear	NOUN
cjal-3180	172	54	of	of	ADP
cjal-3180	172	55	investors	investor	NOUN
cjal-3180	172	56	that	that	SCONJ
cjal-3180	172	57	they	they	PRON
cjal-3180	172	58	may	may	AUX
cjal-3180	172	59	inherit	inherit	VERB
cjal-3180	172	60	hidden	hidden	ADJ
cjal-3180	172	61	liabilities	liability	NOUN
cjal-3180	172	62	of	of	ADP
cjal-3180	172	63	chinese	chinese	ADJ
cjal-3180	172	64	companies	company	NOUN
cjal-3180	172	65	by	by	ADP
cjal-3180	172	66	buying	buy	VERB
cjal-3180	172	67	shares	share	NOUN
cjal-3180	172	68	.	.	PUNCT
cjal-3180	173	1	"56	"56	PROPN
cjal-3180	173	2	so	so	ADV
cjal-3180	173	3	long	long	ADV
cjal-3180	173	4	as	as	SCONJ
cjal-3180	173	5	inconsistent	inconsistent	ADJ
cjal-3180	173	6	accounting	accounting	NOUN
cjal-3180	173	7	standards	standard	NOUN
cjal-3180	173	8	and	and	CCONJ
cjal-3180	173	9	lax	lax	ADJ
cjal-3180	173	10	enforcement	enforcement	NOUN
cjal-3180	173	11	of	of	ADP
cjal-3180	173	12	disclosure	disclosure	NOUN
cjal-3180	173	13	requirements	requirement	NOUN
cjal-3180	173	14	persist	persist	VERB
cjal-3180	173	15	,	,	PUNCT
cjal-3180	173	16	prc	prc	PROPN
cjal-3180	173	17	firms	firm	NOUN
cjal-3180	173	18	may	may	AUX
cjal-3180	173	19	be	be	AUX
cjal-3180	173	20	targeted	target	VERB
cjal-3180	173	21	less	less	ADV
cjal-3180	173	22	by	by	ADP
cjal-3180	173	23	acquirers	acquirer	NOUN
cjal-3180	173	24	and	and	CCONJ
cjal-3180	173	25	market	market	NOUN
cjal-3180	173	26	efficiency	efficiency	NOUN
cjal-3180	173	27	is	be	AUX
cjal-3180	173	28	thereby	thereby	ADV
cjal-3180	173	29	reduced	reduce	VERB
cjal-3180	173	30	.	.	PUNCT
cjal-3180	174	1	the	the	DET
cjal-3180	174	2	accounting	accounting	NOUN
cjal-3180	174	3	issues	issue	NOUN
cjal-3180	174	4	also	also	ADV
cjal-3180	174	5	lead	lead	VERB
cjal-3180	174	6	to	to	ADP
cjal-3180	174	7	valuation	valuation	NOUN
cjal-3180	174	8	differences	difference	NOUN
cjal-3180	174	9	that	that	PRON
cjal-3180	174	10	affect	affect	VERB
cjal-3180	174	11	these	these	DET
cjal-3180	174	12	transactions	transaction	NOUN
cjal-3180	174	13	.	.	PUNCT
cjal-3180	175	1	for	for	ADP
cjal-3180	175	2	instance	instance	NOUN
cjal-3180	175	3	,	,	PUNCT
cjal-3180	175	4	"	"	PUNCT
cjal-3180	175	5	differences	difference	NOUN
cjal-3180	175	6	between	between	ADP
cjal-3180	175	7	china	china	PROPN
cjal-3180	175	8	's	's	PART
cjal-3180	175	9	accounting	accounting	NOUN
cjal-3180	175	10	practices	practice	NOUN
cjal-3180	175	11	and	and	CCONJ
cjal-3180	175	12	international	international	ADJ
cjal-3180	175	13	methods	method	NOUN
cjal-3180	175	14	[	[	X
cjal-3180	175	15	mean	mean	VERB
cjal-3180	175	16	]	]	X
cjal-3180	175	17	enterprises	enterprise	NOUN
cjal-3180	175	18	could	could	AUX
cjal-3180	175	19	be	be	AUX
cjal-3180	175	20	significantly	significantly	ADV
cjal-3180	175	21	undervalued,"making	undervalued,"make	VERB
cjal-3180	175	22	their	their	PRON
cjal-3180	175	23	acquisition	acquisition	NOUN
cjal-3180	175	24	cheaper	cheap	ADJ
cjal-3180	175	25	.	.	PUNCT
cjal-3180	176	1	in	in	ADP
cjal-3180	176	2	contrast	contrast	NOUN
cjal-3180	176	3	,	,	PUNCT
cjal-3180	176	4	systematically	systematically	ADV
cjal-3180	176	5	overvaluing	overvaluing	NOUN
cjal-3180	176	6	firms	firm	NOUN
cjal-3180	176	7	would	would	AUX
cjal-3180	176	8	produce	produce	VERB
cjal-3180	176	9	the	the	DET
cjal-3180	176	10	opposite	opposite	ADJ
cjal-3180	176	11	result	result	NOUN
cjal-3180	176	12	,	,	PUNCT
cjal-3180	176	13	making	make	VERB
cjal-3180	176	14	them	they	PRON
cjal-3180	176	15	costlier	costly	ADJ
cjal-3180	176	16	to	to	PART
cjal-3180	176	17	acquire	acquire	VERB
cjal-3180	176	18	and	and	CCONJ
cjal-3180	176	19	enhancing	enhance	VERB
cjal-3180	176	20	their	their	PRON
cjal-3180	176	21	ability	ability	NOUN
cjal-3180	176	22	to	to	PART
cjal-3180	176	23	acquire	acquire	VERB
cjal-3180	176	24	other	other	ADJ
cjal-3180	176	25	firms	firm	NOUN
cjal-3180	176	26	.	.	PUNCT
cjal-3180	177	1	overvaluation	overvaluation	NOUN
cjal-3180	177	2	is	be	AUX
cjal-3180	177	3	particularly	particularly	ADV
cjal-3180	177	4	serious	serious	ADJ
cjal-3180	177	5	with	with	ADP
cjal-3180	177	6	prc	prc	PROPN
cjal-3180	177	7	firms	firm	NOUN
cjal-3180	177	8	entering	enter	VERB
cjal-3180	177	9	hong	hong	PROPN
cjal-3180	177	10	kong	kong	PROPN
cjal-3180	177	11	,	,	PUNCT
cjal-3180	177	12	as	as	SCONJ
cjal-3180	177	13	some	some	DET
cjal-3180	177	14	industry	industry	NOUN
cjal-3180	177	15	experts	expert	NOUN
cjal-3180	177	16	noted	note	VERB
cjal-3180	177	17	that	that	SCONJ
cjal-3180	177	18	"	"	PUNCT
cjal-3180	177	19	chinese	chinese	ADJ
cjal-3180	177	20	valuations	valuation	NOUN
cjal-3180	177	21	[	[	X
cjal-3180	177	22	are	be	AUX
cjal-3180	177	23	]	]	X
cjal-3180	177	24	53	53	NUM
cjal-3180	177	25	.	.	PUNCT
cjal-3180	178	1	einhorn	einhorn	PROPN
cjal-3180	178	2	,	,	PUNCT
cjal-3180	178	3	supra	supra	PROPN
cjal-3180	178	4	note	note	PROPN
cjal-3180	178	5	39	39	NUM
cjal-3180	178	6	,	,	PUNCT
cjal-3180	178	7	at	at	ADP
cjal-3180	178	8	32	32	NUM
cjal-3180	178	9	.	.	PUNCT
cjal-3180	179	1	54	54	NUM
cjal-3180	179	2	.	.	PUNCT
cjal-3180	180	1	clifford	clifford	PROPN
cjal-3180	180	2	,	,	PUNCT
cjal-3180	180	3	supra	supra	PROPN
cjal-3180	180	4	note	note	PROPN
cjal-3180	180	5	7	7	NUM
cjal-3180	180	6	,	,	PUNCT
cjal-3180	180	7	at	at	ADP
cjal-3180	180	8	42	42	NUM
cjal-3180	180	9	.	.	PUNCT
cjal-3180	181	1	55	55	NUM
cjal-3180	181	2	.	.	PUNCT
cjal-3180	182	1	methods	method	NOUN
cjal-3180	182	2	such	such	ADJ
cjal-3180	182	3	as	as	ADP
cjal-3180	182	4	selling	sell	VERB
cjal-3180	182	5	securities	security	NOUN
cjal-3180	182	6	or	or	CCONJ
cjal-3180	182	7	taking	take	VERB
cjal-3180	182	8	on	on	ADP
cjal-3180	182	9	debt	debt	NOUN
cjal-3180	182	10	are	be	AUX
cjal-3180	182	11	difficult	difficult	ADJ
cjal-3180	182	12	since	since	SCONJ
cjal-3180	182	13	lenders	lender	NOUN
cjal-3180	182	14	and	and	CCONJ
cjal-3180	182	15	investors	investor	NOUN
cjal-3180	182	16	are	be	AUX
cjal-3180	182	17	hesitant	hesitant	ADJ
cjal-3180	182	18	to	to	PART
cjal-3180	182	19	fund	fund	VERB
cjal-3180	182	20	an	an	DET
cjal-3180	182	21	acquisition	acquisition	NOUN
cjal-3180	182	22	without	without	ADP
cjal-3180	182	23	assurance	assurance	NOUN
cjal-3180	182	24	that	that	PRON
cjal-3180	182	25	it	it	PRON
cjal-3180	182	26	makes	make	VERB
cjal-3180	182	27	sense	sense	NOUN
cjal-3180	182	28	economically	economically	ADV
cjal-3180	182	29	.	.	PUNCT
cjal-3180	183	1	56	56	NUM
cjal-3180	183	2	.	.	PUNCT
cjal-3180	184	1	renee	renee	PROPN
cjal-3180	184	2	lai	lai	PROPN
cjal-3180	184	3	,	,	PUNCT
cjal-3180	184	4	overseas	overseas	ADJ
cjal-3180	184	5	activity	activity	NOUN
cjal-3180	184	6	in	in	ADP
cjal-3180	184	7	m&a	m&a	PROPN
cjal-3180	184	8	'	'	PUNCT
cjal-3180	184	9	alive	alive	ADJ
cjal-3180	184	10	and	and	CCONJ
cjal-3180	184	11	well	well	ADV
cjal-3180	184	12	,	,	PUNCT
cjal-3180	184	13	s.	s.	PROPN
cjal-3180	184	14	china	china	PROPN
cjal-3180	184	15	morning	morning	PROPN
cjal-3180	184	16	post	post	PROPN
cjal-3180	184	17	.	.	PUNCT
cjal-3180	184	18	feb	feb	PROPN
cjal-3180	184	19	.	.	PROPN
cjal-3180	184	20	23	23	NUM
cjal-3180	184	21	,	,	PUNCT
cjal-3180	184	22	1996	1996	NUM
cjal-3180	184	23	,	,	PUNCT
cjal-3180	184	24	at	at	ADP
cjal-3180	184	25	3	3	NUM
cjal-3180	184	26	.	.	NOUN
cjal-3180	184	27	57	57	NUM
cjal-3180	184	28	.	.	PUNCT
cjal-3180	185	1	christine	christine	PROPN
cjal-3180	185	2	chan	chan	PROPN
cjal-3180	185	3	,	,	PUNCT
cjal-3180	185	4	asset	asset	NOUN
cjal-3180	185	5	losses	loss	NOUN
cjal-3180	185	6	feared	fear	VERB
cjal-3180	185	7	from	from	ADP
cjal-3180	185	8	mergers	merger	NOUN
cjal-3180	185	9	,	,	PUNCT
cjal-3180	185	10	s.	s.	PROPN
cjal-3180	185	11	china	china	PROPN
cjal-3180	185	12	morning	morning	PROPN
cjal-3180	185	13	post	post	PROPN
cjal-3180	185	14	,	,	PUNCT
cjal-3180	185	15	nov	nov	PROPN
cjal-3180	185	16	.	.	PROPN
cjal-3180	185	17	15	15	NUM
cjal-3180	185	18	.	.	NOUN
cjal-3180	185	19	1995	1995	NUM
cjal-3180	185	20	,	,	PUNCT
cjal-3180	185	21	at	at	ADP
cjal-3180	185	22	5	5	NUM
cjal-3180	185	23	(	(	PUNCT
cjal-3180	185	24	quoting	quote	VERB
cjal-3180	185	25	william	william	PROPN
cjal-3180	185	26	yuen	yuen	PROPN
cjal-3180	185	27	,	,	PUNCT
cjal-3180	185	28	senior	senior	ADJ
cjal-3180	185	29	consultant	consultant	NOUN
cjal-3180	185	30	for	for	ADP
cjal-3180	185	31	corporate	corporate	ADJ
cjal-3180	185	32	finance	finance	NOUN
cjal-3180	185	33	at	at	ADP
cjal-3180	185	34	arthur	arthur	PROPN
cjal-3180	185	35	andersen	andersen	PROPN
cjal-3180	185	36	)	)	PUNCT
cjal-3180	185	37	.	.	PUNCT
cjal-3180	186	1	1998	1998	NUM
cjal-3180	186	2	]	]	PUNCT
cjal-3180	186	3	columbia	columbia	PROPN
cjal-3180	186	4	journal	journal	PROPN
cjal-3180	186	5	of	of	ADP
cjal-3180	186	6	asian	asian	ADJ
cjal-3180	186	7	law	law	NOUN
cjal-3180	186	8	generally	generally	ADV
cjal-3180	186	9	20	20	NUM
cjal-3180	186	10	to	to	PART
cjal-3180	186	11	30	30	NUM
cjal-3180	186	12	percent	percent	NOUN
cjal-3180	186	13	higher	high	ADJ
cjal-3180	186	14	than	than	ADP
cjal-3180	186	15	those	those	PRON
cjal-3180	186	16	done	do	VERB
cjal-3180	186	17	by	by	ADP
cjal-3180	186	18	western	western	ADJ
cjal-3180	186	19	surveyors	surveyor	NOUN
cjal-3180	186	20	.	.	PUNCT
cjal-3180	187	1	"	"	PUNCT
cjal-3180	187	2	5	5	NUM
cjal-3180	187	3	'	'	PART
cjal-3180	187	4	disputes	dispute	NOUN
cjal-3180	187	5	in	in	ADP
cjal-3180	187	6	valuation	valuation	NOUN
cjal-3180	187	7	create	create	VERB
cjal-3180	187	8	points	point	NOUN
cjal-3180	187	9	of	of	ADP
cjal-3180	187	10	contention	contention	NOUN
cjal-3180	187	11	among	among	ADP
cjal-3180	187	12	shareholders	shareholder	NOUN
cjal-3180	187	13	and	and	CCONJ
cjal-3180	187	14	possibilities	possibility	NOUN
cjal-3180	187	15	for	for	ADP
cjal-3180	187	16	corporate	corporate	ADJ
cjal-3180	187	17	directors	director	NOUN
cjal-3180	187	18	to	to	PART
cjal-3180	187	19	unfairly	unfairly	ADV
cjal-3180	187	20	transfer	transfer	VERB
cjal-3180	187	21	target	target	NOUN
cjal-3180	187	22	corporations	corporation	NOUN
cjal-3180	187	23	to	to	ADP
cjal-3180	187	24	preferred	preferred	ADJ
cjal-3180	187	25	acquirers.59	acquirers.59	NOUN
cjal-3180	187	26	inaccurate	inaccurate	ADJ
cjal-3180	187	27	valuation	valuation	NOUN
cjal-3180	187	28	also	also	ADV
cjal-3180	187	29	creates	create	VERB
cjal-3180	187	30	market	market	NOUN
cjal-3180	187	31	inefficiency	inefficiency	NOUN
cjal-3180	187	32	by	by	ADP
cjal-3180	187	33	inhibiting	inhibit	VERB
cjal-3180	187	34	beneficial	beneficial	ADJ
cjal-3180	187	35	acquisitions	acquisition	NOUN
cjal-3180	187	36	while	while	SCONJ
cjal-3180	187	37	encouraging	encourage	VERB
cjal-3180	187	38	misguided	misguided	ADJ
cjal-3180	187	39	ones	one	NOUN
cjal-3180	187	40	.	.	PUNCT
cjal-3180	188	1	increasing	increase	VERB
cjal-3180	188	2	cultural	cultural	ADJ
cjal-3180	188	3	differences	difference	NOUN
cjal-3180	188	4	could	could	AUX
cjal-3180	188	5	also	also	ADV
cjal-3180	188	6	complicate	complicate	VERB
cjal-3180	188	7	mergers	merger	NOUN
cjal-3180	188	8	and	and	CCONJ
cjal-3180	188	9	acquisitions	acquisition	NOUN
cjal-3180	188	10	,	,	PUNCT
cjal-3180	188	11	because	because	SCONJ
cjal-3180	188	12	many	many	ADJ
cjal-3180	188	13	prc	prc	PROPN
cjal-3180	188	14	firms	firm	NOUN
cjal-3180	188	15	are	be	AUX
cjal-3180	188	16	in	in	ADP
cjal-3180	188	17	their	their	PRON
cjal-3180	188	18	actual	actual	ADJ
cjal-3180	188	19	operations	operation	NOUN
cjal-3180	188	20	and	and	CCONJ
cjal-3180	188	21	corporate	corporate	ADJ
cjal-3180	188	22	governance	governance	NOUN
cjal-3180	188	23	more	more	ADV
cjal-3180	188	24	like	like	ADP
cjal-3180	188	25	close	close	ADJ
cjal-3180	188	26	corporations	corporation	NOUN
cjal-3180	188	27	than	than	ADP
cjal-3180	188	28	public	public	ADJ
cjal-3180	188	29	firms	firm	NOUN
cjal-3180	188	30	and	and	CCONJ
cjal-3180	188	31	are	be	AUX
cjal-3180	188	32	not	not	PART
cjal-3180	188	33	accustomed	accustomed	ADJ
cjal-3180	188	34	to	to	ADP
cjal-3180	188	35	having	have	VERB
cjal-3180	188	36	outside	outside	ADJ
cjal-3180	188	37	directors	director	NOUN
cjal-3180	188	38	on	on	ADP
cjal-3180	188	39	the	the	DET
cjal-3180	188	40	board	board	NOUN
cjal-3180	188	41	or	or	CCONJ
cjal-3180	188	42	acting	act	VERB
cjal-3180	188	43	"	"	PUNCT
cjal-3180	188	44	responsibly	responsibly	ADV
cjal-3180	188	45	"	"	PUNCT
cjal-3180	188	46	toward	toward	ADP
cjal-3180	188	47	public	public	ADJ
cjal-3180	188	48	shareholders	shareholder	NOUN
cjal-3180	188	49	(	(	PUNCT
cjal-3180	188	50	as	as	SCONJ
cjal-3180	188	51	the	the	DET
cjal-3180	188	52	term	term	NOUN
cjal-3180	188	53	is	be	AUX
cjal-3180	188	54	used	use	VERB
cjal-3180	188	55	in	in	ADP
cjal-3180	188	56	western	western	ADJ
cjal-3180	188	57	capital	capital	NOUN
cjal-3180	188	58	markets	market	NOUN
cjal-3180	188	59	)	)	PUNCT
cjal-3180	188	60	.	.	PUNCT
cjal-3180	189	1	small	small	ADJ
cjal-3180	189	2	prc	prc	PROPN
cjal-3180	189	3	firms	firm	NOUN
cjal-3180	189	4	in	in	ADP
cjal-3180	189	5	particular	particular	ADJ
cjal-3180	189	6	"	"	PUNCT
cjal-3180	189	7	tend	tend	VERB
cjal-3180	189	8	to	to	PART
cjal-3180	189	9	be	be	AUX
cjal-3180	189	10	family	family	NOUN
cjal-3180	189	11	-	-	PUNCT
cjal-3180	189	12	run	run	NOUN
cjal-3180	189	13	and	and	CCONJ
cjal-3180	189	14	controlled	control	VERB
cjal-3180	189	15	.	.	PUNCT
cjal-3180	189	16	"	"	PUNCT
cjal-3180	190	1	6	6	NUM
cjal-3180	190	2	sometimes	sometimes	ADV
cjal-3180	190	3	,	,	PUNCT
cjal-3180	190	4	even	even	ADV
cjal-3180	190	5	large	large	ADJ
cjal-3180	190	6	state	state	NOUN
cjal-3180	190	7	owned	own	VERB
cjal-3180	190	8	firms	firm	NOUN
cjal-3180	190	9	still	still	ADV
cjal-3180	190	10	function	function	VERB
cjal-3180	190	11	like	like	ADP
cjal-3180	190	12	a	a	DET
cjal-3180	190	13	close	close	ADJ
cjal-3180	190	14	corporation	corporation	NOUN
cjal-3180	190	15	since	since	SCONJ
cjal-3180	190	16	they	they	PRON
cjal-3180	190	17	are	be	AUX
cjal-3180	190	18	often	often	ADV
cjal-3180	190	19	controlled	control	VERB
cjal-3180	190	20	by	by	ADP
cjal-3180	190	21	elements	element	NOUN
cjal-3180	190	22	of	of	ADP
cjal-3180	190	23	the	the	DET
cjal-3180	190	24	prc	prc	PROPN
cjal-3180	190	25	government	government	NOUN
cjal-3180	190	26	.	.	PUNCT
cjal-3180	191	1	6	6	NUM
cjal-3180	191	2	'	'	NUM
cjal-3180	191	3	the	the	DET
cjal-3180	191	4	"	"	PUNCT
cjal-3180	191	5	culture	culture	NOUN
cjal-3180	191	6	clash	clash	NOUN
cjal-3180	191	7	"	"	PUNCT
cjal-3180	191	8	such	such	ADJ
cjal-3180	191	9	firms	firm	NOUN
cjal-3180	191	10	might	might	AUX
cjal-3180	191	11	suffer	suffer	VERB
cjal-3180	191	12	when	when	SCONJ
cjal-3180	191	13	operating	operate	VERB
cjal-3180	191	14	as	as	ADP
cjal-3180	191	15	public	public	ADJ
cjal-3180	191	16	corporations	corporation	NOUN
cjal-3180	191	17	could	could	AUX
cjal-3180	191	18	manifest	manifest	VERB
cjal-3180	191	19	as	as	ADP
cjal-3180	191	20	disregard	disregard	NOUN
cjal-3180	191	21	for	for	ADP
cjal-3180	191	22	the	the	DET
cjal-3180	191	23	best	good	ADJ
cjal-3180	191	24	interest	interest	NOUN
cjal-3180	191	25	of	of	ADP
cjal-3180	191	26	the	the	DET
cjal-3180	191	27	shareholders	shareholder	NOUN
cjal-3180	191	28	when	when	SCONJ
cjal-3180	191	29	faced	face	VERB
cjal-3180	191	30	with	with	ADP
cjal-3180	191	31	a	a	DET
cjal-3180	191	32	takeover	takeover	NOUN
cjal-3180	191	33	proposal	proposal	NOUN
cjal-3180	191	34	,	,	PUNCT
cjal-3180	191	35	as	as	ADP
cjal-3180	191	36	by	by	ADP
cjal-3180	191	37	employing	employ	VERB
cjal-3180	191	38	excessive	excessive	ADJ
cjal-3180	191	39	defensive	defensive	ADJ
cjal-3180	191	40	tactics	tactic	NOUN
cjal-3180	191	41	or	or	CCONJ
cjal-3180	191	42	attempting	attempt	VERB
cjal-3180	191	43	to	to	PART
cjal-3180	191	44	cut	cut	VERB
cjal-3180	191	45	private	private	ADJ
cjal-3180	191	46	deals	deal	NOUN
cjal-3180	191	47	.	.	PUNCT
cjal-3180	192	1	obviously	obviously	ADV
cjal-3180	192	2	these	these	DET
cjal-3180	192	3	actions	action	NOUN
cjal-3180	192	4	would	would	AUX
cjal-3180	192	5	violate	violate	VERB
cjal-3180	192	6	the	the	DET
cjal-3180	192	7	code	code	NOUN
cjal-3180	192	8	,	,	PUNCT
cjal-3180	192	9	but	but	CCONJ
cjal-3180	192	10	as	as	SCONJ
cjal-3180	192	11	discussed	discuss	VERB
cjal-3180	192	12	below	below	ADV
cjal-3180	192	13	,	,	PUNCT
cjal-3180	192	14	it	it	PRON
cjal-3180	192	15	remains	remain	VERB
cjal-3180	192	16	questionable	questionable	ADJ
cjal-3180	192	17	whether	whether	SCONJ
cjal-3180	192	18	firms	firm	NOUN
cjal-3180	192	19	will	will	AUX
cjal-3180	192	20	obey	obey	VERB
cjal-3180	192	21	the	the	DET
cjal-3180	192	22	existing	exist	VERB
cjal-3180	192	23	takeover	takeover	NOUN
cjal-3180	192	24	regulations	regulation	NOUN
cjal-3180	192	25	at	at	ADV
cjal-3180	192	26	all	all	ADV
cjal-3180	192	27	.	.	PUNCT
cjal-3180	193	1	arguably	arguably	ADV
cjal-3180	193	2	,	,	PUNCT
cjal-3180	193	3	these	these	DET
cjal-3180	193	4	issues	issue	NOUN
cjal-3180	193	5	may	may	AUX
cjal-3180	193	6	be	be	AUX
cjal-3180	193	7	less	less	ADJ
cjal-3180	193	8	of	of	ADP
cjal-3180	193	9	a	a	DET
cjal-3180	193	10	problem	problem	NOUN
cjal-3180	193	11	in	in	ADP
cjal-3180	193	12	hong	hong	PROPN
cjal-3180	193	13	kong	kong	PROPN
cjal-3180	193	14	than	than	ADP
cjal-3180	193	15	elsewhere	elsewhere	ADV
cjal-3180	193	16	since	since	ADV
cjal-3180	193	17	,	,	PUNCT
cjal-3180	193	18	throughout	throughout	ADP
cjal-3180	193	19	its	its	PRON
cjal-3180	193	20	history	history	NOUN
cjal-3180	193	21	,	,	PUNCT
cjal-3180	193	22	the	the	DET
cjal-3180	193	23	hong	hong	PROPN
cjal-3180	193	24	kong	kong	PROPN
cjal-3180	193	25	market	market	NOUN
cjal-3180	193	26	has	have	AUX
cjal-3180	193	27	functioned	function	VERB
cjal-3180	193	28	relatively	relatively	ADV
cjal-3180	193	29	efficiently	efficiently	ADV
cjal-3180	193	30	62	62	NUM
cjal-3180	193	31	despite	despite	SCONJ
cjal-3180	193	32	the	the	DET
cjal-3180	193	33	fact	fact	NOUN
cjal-3180	193	34	that	that	SCONJ
cjal-3180	193	35	many	many	ADJ
cjal-3180	193	36	publicly	publicly	ADV
cjal-3180	193	37	traded	trade	VERB
cjal-3180	193	38	hong	hong	PROPN
cjal-3180	193	39	kong	kong	PROPN
cjal-3180	193	40	firms	firm	NOUN
cjal-3180	193	41	have	have	AUX
cjal-3180	193	42	been	be	AUX
cjal-3180	193	43	family	family	NOUN
cjal-3180	193	44	-	-	PUNCT
cjal-3180	193	45	controlled	control	VERB
cjal-3180	193	46	.	.	PUNCT
cjal-3180	194	1	3	3	NUM
cjal-3180	194	2	certain	certain	ADJ
cjal-3180	194	3	regional	regional	ADJ
cjal-3180	194	4	investment	investment	NOUN
cjal-3180	194	5	bankers	banker	NOUN
cjal-3180	194	6	predict	predict	VERB
cjal-3180	194	7	that	that	SCONJ
cjal-3180	194	8	this	this	PRON
cjal-3180	194	9	will	will	AUX
cjal-3180	194	10	continue	continue	VERB
cjal-3180	194	11	to	to	PART
cjal-3180	194	12	be	be	AUX
cjal-3180	194	13	the	the	DET
cjal-3180	194	14	case	case	NOUN
cjal-3180	194	15	,	,	PUNCT
cjal-3180	194	16	emphasizing	emphasize	VERB
cjal-3180	194	17	that	that	SCONJ
cjal-3180	194	18	they	they	PRON
cjal-3180	194	19	"	"	PUNCT
cjal-3180	194	20	see	see	VERB
cjal-3180	194	21	the	the	DET
cjal-3180	194	22	family	family	NOUN
cjal-3180	194	23	-	-	PUNCT
cjal-3180	194	24	rooted	root	VERB
cjal-3180	194	25	company	company	NOUN
cjal-3180	194	26	remaining	remain	VERB
cjal-3180	194	27	very	very	ADV
cjal-3180	194	28	strong	strong	ADJ
cjal-3180	194	29	,	,	PUNCT
cjal-3180	194	30	even	even	ADV
cjal-3180	194	31	among	among	ADP
cjal-3180	194	32	the	the	DET
cjal-3180	194	33	major	major	ADJ
cjal-3180	194	34	companies	company	NOUN
cjal-3180	194	35	of	of	ADP
cjal-3180	194	36	hong	hong	PROPN
cjal-3180	194	37	kong	kong	PROPN
cjal-3180	194	38	.	.	PUNCT
cjal-3180	194	39	"	"	PUNCT
cjal-3180	195	1	64	64	NUM
cjal-3180	195	2	nonetheless	nonetheless	ADV
cjal-3180	195	3	,	,	PUNCT
cjal-3180	195	4	as	as	SCONJ
cjal-3180	195	5	asserted	assert	VERB
cjal-3180	195	6	by	by	ADP
cjal-3180	195	7	others	other	NOUN
cjal-3180	195	8	,	,	PUNCT
cjal-3180	195	9	size	size	NOUN
cjal-3180	195	10	may	may	AUX
cjal-3180	195	11	force	force	VERB
cjal-3180	195	12	changes	change	NOUN
cjal-3180	195	13	because	because	SCONJ
cjal-3180	195	14	"	"	PUNCT
cjal-3180	195	15	once	once	SCONJ
cjal-3180	195	16	you	you	PRON
cjal-3180	195	17	reach	reach	VERB
cjal-3180	195	18	a	a	DET
cjal-3180	195	19	58	58	NUM
cjal-3180	195	20	.	.	PUNCT
cjal-3180	196	1	don	don	PROPN
cjal-3180	196	2	lyons	lyons	PROPN
cjal-3180	196	3	(	(	PUNCT
cjal-3180	196	4	quoting	quote	VERB
cjal-3180	196	5	brett	brett	PROPN
cjal-3180	196	6	shadbolt	shadbolt	PROPN
cjal-3180	196	7	,	,	PUNCT
cjal-3180	196	8	valuation	valuation	NOUN
cjal-3180	196	9	expert	expert	NOUN
cjal-3180	196	10	at	at	ADP
cjal-3180	196	11	chesterton	chesterton	PROPN
cjal-3180	196	12	petty	petty	PROPN
cjal-3180	196	13	)	)	PUNCT
cjal-3180	196	14	,	,	PUNCT
cjal-3180	196	15	china	china	PROPN
cjal-3180	196	16	ventures	ventures	PROPN
cjal-3180	196	17	face	face	VERB
cjal-3180	196	18	snag	snag	NOUN
cjal-3180	196	19	over	over	ADP
cjal-3180	196	20	asset	asset	NOUN
cjal-3180	196	21	valuation	valuation	NOUN
cjal-3180	196	22	,	,	PUNCT
cjal-3180	196	23	s.	s.	PROPN
cjal-3180	196	24	china	china	PROPN
cjal-3180	196	25	morning	morning	PROPN
cjal-3180	196	26	post	post	PROPN
cjal-3180	196	27	,	,	PUNCT
cjal-3180	196	28	oct	oct	PROPN
cjal-3180	196	29	.	.	PROPN
cjal-3180	196	30	30	30	NUM
cjal-3180	196	31	,	,	PUNCT
cjal-3180	196	32	1996	1996	NUM
cjal-3180	196	33	,	,	PUNCT
cjal-3180	196	34	at	at	ADP
cjal-3180	196	35	3	3	NUM
cjal-3180	196	36	.	.	NOUN
cjal-3180	196	37	59	59	NUM
cjal-3180	196	38	.	.	PUNCT
cjal-3180	197	1	in	in	ADP
cjal-3180	197	2	other	other	ADJ
cjal-3180	197	3	jurisdictions	jurisdiction	NOUN
cjal-3180	197	4	,	,	PUNCT
cjal-3180	197	5	litigation	litigation	NOUN
cjal-3180	197	6	by	by	ADP
cjal-3180	197	7	either	either	DET
cjal-3180	197	8	shareholders	shareholder	NOUN
cjal-3180	197	9	or	or	CCONJ
cjal-3180	197	10	disgruntled	disgruntled	ADJ
cjal-3180	197	11	would	would	AUX
cjal-3180	197	12	be	be	AUX
cjal-3180	197	13	acquirers	acquirer	NOUN
cjal-3180	197	14	would	would	AUX
cjal-3180	197	15	almost	almost	ADV
cjal-3180	197	16	certainly	certainly	ADV
cjal-3180	197	17	ensue	ensue	VERB
cjal-3180	197	18	,	,	PUNCT
cjal-3180	197	19	especially	especially	ADV
cjal-3180	197	20	if	if	SCONJ
cjal-3180	197	21	the	the	DET
cjal-3180	197	22	board	board	NOUN
cjal-3180	197	23	of	of	ADP
cjal-3180	197	24	a	a	DET
cjal-3180	197	25	target	target	NOUN
cjal-3180	197	26	corporation	corporation	NOUN
cjal-3180	197	27	turned	turn	VERB
cjal-3180	197	28	down	down	ADP
cjal-3180	197	29	a	a	DET
cjal-3180	197	30	takeover	takeover	NOUN
cjal-3180	197	31	bid	bid	NOUN
cjal-3180	197	32	based	base	VERB
cjal-3180	197	33	on	on	ADP
cjal-3180	197	34	different	different	ADJ
cjal-3180	197	35	valuations	valuation	NOUN
cjal-3180	197	36	.	.	PUNCT
cjal-3180	198	1	60	60	NUM
cjal-3180	198	2	.	.	PUNCT
cjal-3180	198	3	lucas	lucas	PROPN
cjal-3180	198	4	,	,	PUNCT
cjal-3180	198	5	supra	supra	PROPN
cjal-3180	198	6	note	note	NOUN
cjal-3180	198	7	8	8	NUM
cjal-3180	198	8	,	,	PUNCT
cjal-3180	198	9	at	at	ADP
cjal-3180	198	10	6	6	NUM
cjal-3180	198	11	.	.	NOUN
cjal-3180	198	12	61	61	NUM
cjal-3180	198	13	.	.	PUNCT
cjal-3180	199	1	see	see	VERB
cjal-3180	199	2	einhorn	einhorn	PROPN
cjal-3180	199	3	,	,	PUNCT
cjal-3180	199	4	supra	supra	PROPN
cjal-3180	199	5	note	note	PROPN
cjal-3180	199	6	39	39	NUM
cjal-3180	199	7	,	,	PUNCT
cjal-3180	199	8	at	at	ADP
cjal-3180	199	9	32	32	NUM
cjal-3180	199	10	(	(	PUNCT
cjal-3180	199	11	noting	note	VERB
cjal-3180	199	12	that	that	SCONJ
cjal-3180	199	13	"	"	PUNCT
cjal-3180	199	14	with	with	ADP
cjal-3180	199	15	china	china	PROPN
cjal-3180	199	16	,	,	PUNCT
cjal-3180	199	17	many	many	ADJ
cjal-3180	199	18	investments	investment	NOUN
cjal-3180	199	19	are	be	AUX
cjal-3180	199	20	spurred	spur	VERB
cjal-3180	199	21	by	by	ADP
cjal-3180	199	22	government	government	NOUN
cjal-3180	199	23	owned	own	VERB
cjal-3180	199	24	entities	entity	NOUN
cjal-3180	199	25	"	"	PUNCT
cjal-3180	199	26	)	)	PUNCT
cjal-3180	199	27	.	.	PUNCT
cjal-3180	200	1	62	62	NUM
cjal-3180	200	2	.	.	PUNCT
cjal-3180	201	1	as	as	SCONJ
cjal-3180	201	2	noted	note	VERB
cjal-3180	201	3	above	above	ADV
cjal-3180	201	4	,	,	PUNCT
cjal-3180	201	5	though	though	ADV
cjal-3180	201	6	,	,	PUNCT
cjal-3180	201	7	merger	merger	NOUN
cjal-3180	201	8	and	and	CCONJ
cjal-3180	201	9	acquisition	acquisition	NOUN
cjal-3180	201	10	activity	activity	NOUN
cjal-3180	201	11	in	in	ADP
cjal-3180	201	12	the	the	DET
cjal-3180	201	13	past	past	NOUN
cjal-3180	201	14	was	be	AUX
cjal-3180	201	15	relatively	relatively	ADV
cjal-3180	201	16	insignificant	insignificant	ADJ
cjal-3180	201	17	,	,	PUNCT
cjal-3180	201	18	perhaps	perhaps	ADV
cjal-3180	201	19	due	due	ADP
cjal-3180	201	20	to	to	ADP
cjal-3180	201	21	the	the	DET
cjal-3180	201	22	prevalence	prevalence	NOUN
cjal-3180	201	23	of	of	ADP
cjal-3180	201	24	close	close	ADJ
cjal-3180	201	25	/	/	SYM
cjal-3180	201	26	family	family	NOUN
cjal-3180	201	27	controlled	control	VERB
cjal-3180	201	28	corporations	corporation	NOUN
cjal-3180	201	29	.	.	PUNCT
cjal-3180	202	1	63	63	NUM
cjal-3180	202	2	.	.	PUNCT
cjal-3180	203	1	see	see	VERB
cjal-3180	203	2	yash	yash	PROPN
cjal-3180	203	3	ghai	ghai	PROPN
cjal-3180	203	4	,	,	PUNCT
cjal-3180	203	5	the	the	DET
cjal-3180	203	6	rule	rule	NOUN
cjal-3180	203	7	of	of	ADP
cjal-3180	203	8	law	law	NOUN
cjal-3180	203	9	and	and	CCONJ
cjal-3180	203	10	capitalism	capitalism	NOUN
cjal-3180	203	11	:	:	PUNCT
cjal-3180	203	12	reflections	reflection	NOUN
cjal-3180	203	13	on	on	ADP
cjal-3180	203	14	the	the	DET
cjal-3180	203	15	basic	basic	ADJ
cjal-3180	203	16	law	law	NOUN
cjal-3180	203	17	359	359	NUM
cjal-3180	203	18	(	(	PUNCT
cjal-3180	203	19	1993	1993	NUM
cjal-3180	203	20	)	)	PUNCT
cjal-3180	203	21	.	.	PUNCT
cjal-3180	204	1	64	64	NUM
cjal-3180	204	2	.	.	PUNCT
cjal-3180	205	1	supra	supra	PROPN
cjal-3180	205	2	note	note	PROPN
cjal-3180	205	3	37	37	NUM
cjal-3180	205	4	,	,	PUNCT
cjal-3180	205	5	at	at	ADP
cjal-3180	205	6	26	26	NUM
cjal-3180	205	7	.	.	PUNCT
cjal-3180	206	1	[	[	X
cjal-3180	206	2	12:1	12:1	NUM
cjal-3180	206	3	m	m	PROPN
cjal-3180	206	4	&	&	CCONJ
cjal-3180	206	5	a	a	DET
cjal-3180	206	6	regulations	regulation	NOUN
cjal-3180	206	7	in	in	ADP
cjal-3180	206	8	hong	hong	PROPN
cjal-3180	206	9	kong	kong	PROPN
cjal-3180	206	10	certain	certain	ADJ
cjal-3180	206	11	size	size	NOUN
cjal-3180	206	12	in	in	ADP
cjal-3180	206	13	critical	critical	ADJ
cjal-3180	206	14	mass	mass	NOUN
cjal-3180	206	15	even	even	ADV
cjal-3180	206	16	though	though	SCONJ
cjal-3180	206	17	a	a	DET
cjal-3180	206	18	company	company	NOUN
cjal-3180	206	19	is	be	AUX
cjal-3180	206	20	family	family	NOUN
cjal-3180	206	21	controlled	control	VERB
cjal-3180	206	22	it	it	PRON
cjal-3180	206	23	can	can	AUX
cjal-3180	206	24	not	not	PART
cjal-3180	206	25	be	be	AUX
cjal-3180	206	26	run	run	VERB
cjal-3180	206	27	as	as	ADP
cjal-3180	206	28	a	a	DET
cjal-3180	206	29	family	family	NOUN
cjal-3180	206	30	business	business	NOUN
cjal-3180	206	31	if	if	SCONJ
cjal-3180	206	32	it	it	PRON
cjal-3180	206	33	is	be	AUX
cjal-3180	206	34	to	to	PART
cjal-3180	206	35	expand	expand	VERB
cjal-3180	206	36	.	.	PUNCT
cjal-3180	207	1	the	the	DET
cjal-3180	207	2	first	first	ADJ
cjal-3180	207	3	step	step	NOUN
cjal-3180	207	4	is	be	AUX
cjal-3180	207	5	to	to	PART
cjal-3180	207	6	take	take	VERB
cjal-3180	207	7	professional	professional	ADJ
cjal-3180	207	8	management	management	NOUN
cjal-3180	207	9	of	of	ADP
cjal-3180	207	10	international	international	ADJ
cjal-3180	207	11	standing	standing	NOUN
cjal-3180	207	12	and	and	CCONJ
cjal-3180	207	13	to	to	PART
cjal-3180	207	14	be	be	AUX
cjal-3180	207	15	able	able	ADJ
cjal-3180	207	16	to	to	PART
cjal-3180	207	17	access	access	VERB
cjal-3180	207	18	levels	level	NOUN
cjal-3180	207	19	of	of	ADP
cjal-3180	207	20	expertise	expertise	NOUN
cjal-3180	207	21	and	and	CCONJ
cjal-3180	207	22	technology	technology	NOUN
cjal-3180	207	23	.	.	PUNCT
cjal-3180	208	1	"	"	PUNCT
cjal-3180	208	2	'	'	PUNCT
cjal-3180	208	3	6	6	NUM
cjal-3180	208	4	b.	b.	NOUN
cjal-3180	208	5	closer	close	ADJ
cjal-3180	208	6	ties	tie	NOUN
cjal-3180	208	7	to	to	ADP
cjal-3180	208	8	the	the	DET
cjal-3180	208	9	prc	prc	PROPN
cjal-3180	208	10	1	1	NUM
cjal-3180	208	11	.	.	PUNCT
cjal-3180	208	12	corruption	corruption	NOUN
cjal-3180	208	13	another	another	DET
cjal-3180	208	14	post	post	ADJ
cjal-3180	208	15	-	-	ADJ
cjal-3180	208	16	transition	transition	ADJ
cjal-3180	208	17	trend	trend	NOUN
cjal-3180	208	18	has	have	AUX
cjal-3180	208	19	been	be	AUX
cjal-3180	208	20	increased	increase	VERB
cjal-3180	208	21	contact	contact	NOUN
cjal-3180	208	22	between	between	ADP
cjal-3180	208	23	hong	hong	PROPN
cjal-3180	208	24	kong	kong	PROPN
cjal-3180	208	25	and	and	CCONJ
cjal-3180	208	26	the	the	DET
cjal-3180	208	27	prc	prc	PROPN
cjal-3180	208	28	,	,	PUNCT
cjal-3180	208	29	raising	raise	VERB
cjal-3180	208	30	related	related	ADJ
cjal-3180	208	31	concerns	concern	NOUN
cjal-3180	208	32	that	that	SCONJ
cjal-3180	208	33	it	it	PRON
cjal-3180	208	34	could	could	AUX
cjal-3180	208	35	increase	increase	VERB
cjal-3180	208	36	inefficiency	inefficiency	NOUN
cjal-3180	208	37	and	and	CCONJ
cjal-3180	208	38	corruption.6	corruption.6	VERB
cjal-3180	208	39	6	6	NUM
cjal-3180	208	40	such	such	ADJ
cjal-3180	208	41	concerns	concern	NOUN
cjal-3180	208	42	arise	arise	VERB
cjal-3180	208	43	because	because	SCONJ
cjal-3180	208	44	the	the	DET
cjal-3180	208	45	lack	lack	NOUN
cjal-3180	208	46	of	of	ADP
cjal-3180	208	47	effective	effective	ADJ
cjal-3180	208	48	regulation	regulation	NOUN
cjal-3180	208	49	against	against	ADP
cjal-3180	208	50	corruption	corruption	NOUN
cjal-3180	208	51	within	within	ADP
cjal-3180	208	52	the	the	DET
cjal-3180	208	53	prc	prc	PROPN
cjal-3180	208	54	has	have	AUX
cjal-3180	208	55	provided	provide	VERB
cjal-3180	208	56	a	a	DET
cjal-3180	208	57	vivid	vivid	ADJ
cjal-3180	208	58	example	example	NOUN
cjal-3180	208	59	of	of	ADP
cjal-3180	208	60	what	what	PRON
cjal-3180	208	61	could	could	AUX
cjal-3180	208	62	result.6	result.6	VERB
cjal-3180	208	63	these	these	DET
cjal-3180	208	64	concerns	concern	NOUN
cjal-3180	208	65	are	be	AUX
cjal-3180	208	66	also	also	ADV
cjal-3180	208	67	worrisome	worrisome	ADJ
cjal-3180	208	68	because	because	SCONJ
cjal-3180	208	69	"	"	PUNCT
cjal-3180	208	70	corruption	corruption	NOUN
cjal-3180	208	71	and	and	CCONJ
cjal-3180	208	72	inefficiency	inefficiency	NOUN
cjal-3180	208	73	are	be	AUX
cjal-3180	208	74	[	[	X
cjal-3180	208	75	already	already	ADV
cjal-3180	208	76	]	]	X
cjal-3180	208	77	deeply	deeply	ADV
cjal-3180	208	78	ingrained	ingrain	VERB
cjal-3180	208	79	in	in	ADP
cjal-3180	208	80	hong	hong	PROPN
cjal-3180	208	81	kong	kong	PROPN
cjal-3180	208	82	's	's	PART
cjal-3180	208	83	financial	financial	ADJ
cjal-3180	208	84	system	system	NOUN
cjal-3180	208	85	...	...	PUNCT
cjal-3180	209	1	[	[	X
cjal-3180	209	2	i]f	i]f	NOUN
cjal-3180	209	3	standards	standard	NOUN
cjal-3180	209	4	become	become	VERB
cjal-3180	209	5	even	even	ADV
cjal-3180	209	6	more	more	ADV
cjal-3180	209	7	lax	lax	ADJ
cjal-3180	209	8	as	as	SCONJ
cjal-3180	209	9	china	china	PROPN
cjal-3180	209	10	uses	use	VERB
cjal-3180	209	11	hong	hong	PROPN
cjal-3180	209	12	kong	kong	PROPN
cjal-3180	209	13	to	to	PART
cjal-3180	209	14	raise	raise	VERB
cjal-3180	209	15	capital	capital	NOUN
cjal-3180	209	16	for	for	ADP
cjal-3180	209	17	its	its	PRON
cjal-3180	209	18	fast	fast	ADV
cjal-3180	209	19	-	-	PUNCT
cjal-3180	209	20	growing	grow	VERB
cjal-3180	209	21	young	young	ADJ
cjal-3180	209	22	companies	company	NOUN
cjal-3180	209	23	,	,	PUNCT
cjal-3180	209	24	the	the	DET
cjal-3180	209	25	colony	colony	NOUN
cjal-3180	209	26	could	could	AUX
cjal-3180	209	27	revert	revert	VERB
cjal-3180	209	28	to	to	ADP
cjal-3180	209	29	a	a	DET
cjal-3180	209	30	regional	regional	ADJ
cjal-3180	209	31	backwater	backwater	NOUN
cjal-3180	209	32	instead	instead	ADV
cjal-3180	209	33	of	of	ADP
cjal-3180	209	34	evolving	evolve	VERB
cjal-3180	209	35	into	into	ADP
cjal-3180	209	36	a	a	DET
cjal-3180	209	37	global	global	ADJ
cjal-3180	209	38	power	power	NOUN
cjal-3180	209	39	.	.	PUNCT
cjal-3180	210	1	"'6	"'6	PUNCT
cjal-3180	210	2	the	the	DET
cjal-3180	210	3	hardest	hard	ADJ
cjal-3180	210	4	type	type	NOUN
cjal-3180	210	5	of	of	ADP
cjal-3180	210	6	corruption	corruption	NOUN
cjal-3180	210	7	for	for	ADP
cjal-3180	210	8	hong	hong	PROPN
cjal-3180	210	9	kong	kong	PROPN
cjal-3180	210	10	to	to	PART
cjal-3180	210	11	deal	deal	VERB
cjal-3180	210	12	with	with	ADP
cjal-3180	210	13	would	would	AUX
cjal-3180	210	14	be	be	AUX
cjal-3180	210	15	intervention	intervention	NOUN
cjal-3180	210	16	or	or	CCONJ
cjal-3180	210	17	interference	interference	NOUN
cjal-3180	210	18	by	by	ADP
cjal-3180	210	19	beijing	beijing	PROPN
cjal-3180	210	20	itself	itself	PRON
cjal-3180	210	21	,	,	PUNCT
cjal-3180	210	22	especially	especially	ADV
cjal-3180	210	23	through	through	ADP
cjal-3180	210	24	the	the	DET
cjal-3180	210	25	expropriation	expropriation	NOUN
cjal-3180	210	26	of	of	ADP
cjal-3180	210	27	the	the	DET
cjal-3180	210	28	assets	asset	NOUN
cjal-3180	210	29	of	of	ADP
cjal-3180	210	30	firms	firm	NOUN
cjal-3180	210	31	operating	operate	VERB
cjal-3180	210	32	in	in	ADP
cjal-3180	210	33	hong	hong	PROPN
cjal-3180	210	34	kong	kong	PROPN
cjal-3180	210	35	.	.	PUNCT
cjal-3180	211	1	overt	overt	PROPN
cjal-3180	211	2	expropriation	expropriation	NOUN
cjal-3180	211	3	has	have	AUX
cjal-3180	211	4	of	of	ADP
cjal-3180	211	5	course	course	NOUN
cjal-3180	211	6	not	not	PART
cjal-3180	211	7	occurred	occur	VERB
cjal-3180	211	8	and	and	CCONJ
cjal-3180	211	9	remains	remain	VERB
cjal-3180	211	10	highly	highly	ADV
cjal-3180	211	11	unlikely	unlikely	ADJ
cjal-3180	211	12	,	,	PUNCT
cjal-3180	211	13	both	both	CCONJ
cjal-3180	211	14	because	because	SCONJ
cjal-3180	211	15	of	of	ADP
cjal-3180	211	16	the	the	DET
cjal-3180	211	17	pledges	pledge	NOUN
cjal-3180	211	18	advanced	advance	VERB
cjal-3180	211	19	by	by	ADP
cjal-3180	211	20	beijing	beijing	PROPN
cjal-3180	211	21	that	that	SCONJ
cjal-3180	211	22	hong	hong	PROPN
cjal-3180	211	23	kong	kong	PROPN
cjal-3180	211	24	's	's	PART
cjal-3180	211	25	culture	culture	NOUN
cjal-3180	211	26	will	will	AUX
cjal-3180	211	27	be	be	AUX
cjal-3180	211	28	left	leave	VERB
cjal-3180	211	29	intact	intact	ADJ
cjal-3180	211	30	for	for	ADP
cjal-3180	211	31	fifty	fifty	NUM
cjal-3180	211	32	years	year	NOUN
cjal-3180	211	33	following	follow	VERB
cjal-3180	211	34	resumption	resumption	NOUN
cjal-3180	211	35	of	of	ADP
cjal-3180	211	36	chinese	chinese	ADJ
cjal-3180	211	37	sovereignty	sovereignty	NOUN
cjal-3180	211	38	,	,	PUNCT
cjal-3180	211	39	69	69	NUM
cjal-3180	211	40	and	and	CCONJ
cjal-3180	211	41	because	because	SCONJ
cjal-3180	211	42	of	of	ADP
cjal-3180	211	43	the	the	DET
cjal-3180	211	44	potential	potential	ADJ
cjal-3180	211	45	backlash	backlash	NOUN
cjal-3180	211	46	that	that	PRON
cjal-3180	211	47	could	could	AUX
cjal-3180	211	48	destroy	destroy	VERB
cjal-3180	211	49	much	much	ADJ
cjal-3180	211	50	of	of	ADP
cjal-3180	211	51	hong	hong	PROPN
cjal-3180	211	52	kong	kong	PROPN
cjal-3180	211	53	's	's	PART
cjal-3180	211	54	value	value	NOUN
cjal-3180	211	55	.	.	PUNCT
cjal-3180	212	1	however	however	ADV
cjal-3180	212	2	,	,	PUNCT
cjal-3180	212	3	less	less	ADV
cjal-3180	212	4	obvious	obvious	ADJ
cjal-3180	212	5	forms	form	NOUN
cjal-3180	212	6	of	of	ADP
cjal-3180	212	7	nationalization	nationalization	NOUN
cjal-3180	212	8	may	may	AUX
cjal-3180	212	9	already	already	ADV
cjal-3180	212	10	be	be	AUX
cjal-3180	212	11	occurring.70	occurring.70	ADJ
cjal-3180	212	12	for	for	ADP
cjal-3180	212	13	instance	instance	NOUN
cjal-3180	212	14	,	,	PUNCT
cjal-3180	212	15	it	it	PRON
cjal-3180	212	16	has	have	AUX
cjal-3180	212	17	been	be	AUX
cjal-3180	212	18	suggested	suggest	VERB
cjal-3180	212	19	that	that	SCONJ
cjal-3180	212	20	the	the	DET
cjal-3180	212	21	actual	actual	ADJ
cjal-3180	212	22	reason	reason	NOUN
cjal-3180	212	23	behind	behind	ADP
cjal-3180	212	24	china	china	PROPN
cjal-3180	212	25	national	national	PROPN
cjal-3180	212	26	aviation	aviation	PROPN
cjal-3180	212	27	corporation	corporation	NOUN
cjal-3180	212	28	's	's	PART
cjal-3180	212	29	application	application	NOUN
cjal-3180	212	30	for	for	ADP
cjal-3180	212	31	a	a	DET
cjal-3180	212	32	license	license	NOUN
cjal-3180	212	33	to	to	PART
cjal-3180	212	34	operate	operate	VERB
cjal-3180	212	35	in	in	ADP
cjal-3180	212	36	hong	hong	PROPN
cjal-3180	212	37	kong	kong	PROPN
cjal-3180	212	38	,	,	PUNCT
cjal-3180	212	39	was	be	AUX
cjal-3180	212	40	to	to	PART
cjal-3180	212	41	impose	impose	VERB
cjal-3180	212	42	competitive	competitive	ADJ
cjal-3180	212	43	pressure	pressure	NOUN
cjal-3180	212	44	upon	upon	SCONJ
cjal-3180	212	45	cathay	cathay	PROPN
cjal-3180	212	46	65	65	NUM
cjal-3180	212	47	.	.	PUNCT
cjal-3180	213	1	lucas	lucas	PROPN
cjal-3180	213	2	,	,	PUNCT
cjal-3180	213	3	supra	supra	PROPN
cjal-3180	213	4	note	note	NOUN
cjal-3180	213	5	8	8	NUM
cjal-3180	213	6	,	,	PUNCT
cjal-3180	213	7	at	at	ADP
cjal-3180	213	8	6	6	NUM
cjal-3180	213	9	(	(	PUNCT
cjal-3180	213	10	quoting	quote	VERB
cjal-3180	213	11	eamonn	eamonn	PROPN
cjal-3180	213	12	mcmanus	mcmanus	PROPN
cjal-3180	213	13	,	,	PUNCT
cjal-3180	213	14	director	director	NOUN
cjal-3180	213	15	of	of	ADP
cjal-3180	213	16	corporate	corporate	ADJ
cjal-3180	213	17	finance	finance	NOUN
cjal-3180	213	18	,	,	PUNCT
cjal-3180	213	19	hsbc	hsbc	PROPN
cjal-3180	213	20	investment	investment	NOUN
cjal-3180	213	21	banking	banking	NOUN
cjal-3180	213	22	)	)	PUNCT
cjal-3180	213	23	.	.	PUNCT
cjal-3180	214	1	66	66	NUM
cjal-3180	214	2	.	.	PUNCT
cjal-3180	215	1	such	such	ADJ
cjal-3180	215	2	worries	worry	NOUN
cjal-3180	215	3	began	begin	VERB
cjal-3180	215	4	to	to	PART
cjal-3180	215	5	be	be	AUX
cjal-3180	215	6	raised	raise	VERB
cjal-3180	215	7	well	well	ADV
cjal-3180	215	8	before	before	ADP
cjal-3180	215	9	transition	transition	NOUN
cjal-3180	215	10	.	.	PUNCT
cjal-3180	216	1	see	see	VERB
cjal-3180	216	2	martin	martin	PROPN
cjal-3180	216	3	q.c	q.c	PROPN
cjal-3180	216	4	.	.	PROPN
cjal-3180	216	5	lee	lee	PROPN
cjal-3180	216	6	,	,	PUNCT
cjal-3180	216	7	business	business	NOUN
cjal-3180	216	8	and	and	CCONJ
cjal-3180	216	9	the	the	DET
cjal-3180	216	10	rule	rule	NOUN
cjal-3180	216	11	oflaw	oflaw	NOUN
cjal-3180	216	12	in	in	ADP
cjal-3180	216	13	hong	hong	PROPN
cjal-3180	216	14	kong	kong	PROPN
cjal-3180	216	15	,	,	PUNCT
cjal-3180	216	16	30	30	NUM
cjal-3180	216	17	colum.j	colum.j	NOUN
cjal-3180	216	18	.	.	PUNCT
cjal-3180	217	1	world	world	NOUN
cjal-3180	217	2	bus	bus	NOUN
cjal-3180	217	3	.	.	PUNCT
cjal-3180	218	1	28	28	NUM
cjal-3180	218	2	(	(	PUNCT
cjal-3180	218	3	1995	1995	NUM
cjal-3180	218	4	)	)	PUNCT
cjal-3180	219	1	;	;	PUNCT
cjal-3180	219	2	clifford	clifford	PROPN
cjal-3180	219	3	,	,	PUNCT
cjal-3180	219	4	supra	supra	PROPN
cjal-3180	219	5	note	note	PROPN
cjal-3180	219	6	7	7	NUM
cjal-3180	219	7	,	,	PUNCT
cjal-3180	219	8	at	at	ADP
cjal-3180	219	9	42	42	NUM
cjal-3180	219	10	.	.	PUNCT
cjal-3180	219	11	67	67	NUM
cjal-3180	219	12	.	.	PUNCT
cjal-3180	220	1	see	see	VERB
cjal-3180	220	2	demesqutrra	demesqutrra	PROPN
cjal-3180	220	3	,	,	PUNCT
cjal-3180	220	4	supra	supra	PROPN
cjal-3180	220	5	note	note	NOUN
cjal-3180	220	6	52	52	NUM
cjal-3180	220	7	,	,	PUNCT
cjal-3180	220	8	at	at	ADP
cjal-3180	220	9	138	138	NUM
cjal-3180	220	10	(	(	PUNCT
cjal-3180	220	11	arguing	argue	VERB
cjal-3180	220	12	that	that	SCONJ
cjal-3180	220	13	corruption	corruption	NOUN
cjal-3180	220	14	in	in	ADP
cjal-3180	220	15	china	china	PROPN
cjal-3180	220	16	is	be	AUX
cjal-3180	220	17	endemic	endemic	ADJ
cjal-3180	220	18	and	and	CCONJ
cjal-3180	220	19	that	that	SCONJ
cjal-3180	220	20	"	"	PUNCT
cjal-3180	220	21	only	only	ADV
cjal-3180	220	22	the	the	DET
cjal-3180	220	23	rare	rare	ADJ
cjal-3180	220	24	case	case	NOUN
cjal-3180	220	25	of	of	ADP
cjal-3180	220	26	official	official	ADJ
cjal-3180	220	27	corruption	corruption	NOUN
cjal-3180	220	28	is	be	AUX
cjal-3180	220	29	prosecuted	prosecute	VERB
cjal-3180	220	30	,	,	PUNCT
cjal-3180	220	31	and	and	CCONJ
cjal-3180	220	32	this	this	PRON
cjal-3180	220	33	is	be	AUX
cjal-3180	220	34	largely	largely	ADV
cjal-3180	220	35	for	for	ADP
cjal-3180	220	36	political	political	ADJ
cjal-3180	220	37	show	show	NOUN
cjal-3180	220	38	"	"	PUNCT
cjal-3180	220	39	)	)	PUNCT
cjal-3180	220	40	.	.	PUNCT
cjal-3180	221	1	68	68	NUM
cjal-3180	221	2	.	.	PUNCT
cjal-3180	222	1	clifford	clifford	PROPN
cjal-3180	222	2	,	,	PUNCT
cjal-3180	222	3	supra	supra	PROPN
cjal-3180	222	4	note	note	PROPN
cjal-3180	222	5	7	7	NUM
cjal-3180	222	6	,	,	PUNCT
cjal-3180	222	7	at	at	ADP
cjal-3180	222	8	42	42	NUM
cjal-3180	222	9	.	.	PUNCT
cjal-3180	223	1	69	69	NUM
cjal-3180	223	2	.	.	PUNCT
cjal-3180	224	1	see	see	VERB
cjal-3180	224	2	simon	simon	PROPN
cjal-3180	224	3	,	,	PUNCT
cjal-3180	224	4	supra	supra	PROPN
cjal-3180	224	5	note	note	PROPN
cjal-3180	224	6	11	11	NUM
cjal-3180	224	7	,	,	PUNCT
cjal-3180	224	8	at	at	ADP
cjal-3180	224	9	123	123	NUM
cjal-3180	224	10	.	.	PUNCT
cjal-3180	225	1	70	70	NUM
cjal-3180	225	2	.	.	PUNCT
cjal-3180	226	1	see	see	VERB
cjal-3180	226	2	william	william	PROPN
cjal-3180	226	3	mcgurn	mcgurn	PROPN
cjal-3180	226	4	,	,	PUNCT
cjal-3180	226	5	diminishing	diminishing	NOUN
cjal-3180	226	6	returns	return	NOUN
cjal-3180	226	7	,	,	PUNCT
cjal-3180	226	8	far	far	PROPN
cjal-3180	226	9	e.	e.	PROPN
cjal-3180	226	10	econ	econ	PROPN
cjal-3180	226	11	.	.	PUNCT
cjal-3180	227	1	rev	rev	PROPN
cjal-3180	227	2	.	.	PROPN
cjal-3180	227	3	,	,	PUNCT
cjal-3180	227	4	jun	jun	PROPN
cjal-3180	227	5	.	.	PROPN
cjal-3180	227	6	13	13	NUM
cjal-3180	227	7	,	,	PUNCT
cjal-3180	227	8	1996	1996	NUM
cjal-3180	227	9	,	,	PUNCT
cjal-3180	227	10	at	at	ADP
cjal-3180	227	11	67	67	NUM
cjal-3180	227	12	(	(	PUNCT
cjal-3180	227	13	quoting	quote	VERB
cjal-3180	227	14	miron	miron	PROPN
cjal-3180	227	15	mushat	mushat	NOUN
cjal-3180	227	16	,	,	PUNCT
cjal-3180	227	17	managing	manage	VERB
cjal-3180	227	18	director	director	NOUN
cjal-3180	227	19	and	and	CCONJ
cjal-3180	227	20	chief	chief	ADJ
cjal-3180	227	21	economist	economist	NOUN
cjal-3180	227	22	forlehman	forlehman	NOUN
cjal-3180	227	23	brothers	brother	NOUN
cjal-3180	227	24	,	,	PUNCT
cjal-3180	227	25	characterizing	characterize	VERB
cjal-3180	227	26	discounted	discount	VERB
cjal-3180	227	27	acquisitions	acquisition	NOUN
cjal-3180	227	28	of	of	ADP
cjal-3180	227	29	hong	hong	PROPN
cjal-3180	227	30	kong	kong	PROPN
cjal-3180	227	31	firms	firm	NOUN
cjal-3180	227	32	by	by	ADP
cjal-3180	227	33	prc	prc	PROPN
cjal-3180	227	34	companies	company	NOUN
cjal-3180	227	35	as	as	ADP
cjal-3180	227	36	"	"	PUNCT
cjal-3180	227	37	a	a	DET
cjal-3180	227	38	form	form	NOUN
cjal-3180	227	39	of	of	ADP
cjal-3180	227	40	nationalization	nationalization	NOUN
cjal-3180	227	41	"	"	PUNCT
cjal-3180	227	42	)	)	PUNCT
cjal-3180	227	43	.	.	PUNCT
cjal-3180	228	1	1998	1998	NUM
cjal-3180	228	2	]	]	PUNCT
cjal-3180	228	3	columbia	columbia	PROPN
cjal-3180	228	4	journal	journal	PROPN
cjal-3180	228	5	of	of	ADP
cjal-3180	228	6	asian	asian	PROPN
cjal-3180	228	7	4w	4w	PROPN
cjal-3180	228	8	pacific	pacific	PROPN
cjal-3180	228	9	airways	airways	PROPN
cjal-3180	228	10	in	in	ADP
cjal-3180	228	11	order	order	NOUN
cjal-3180	228	12	to	to	PART
cjal-3180	228	13	"	"	PUNCT
cjal-3180	228	14	force	force	VERB
cjal-3180	228	15	a	a	DET
cjal-3180	228	16	sale	sale	NOUN
cjal-3180	228	17	of	of	ADP
cjal-3180	228	18	additional	additional	ADJ
cjal-3180	228	19	shares	share	NOUN
cjal-3180	228	20	in	in	ADP
cjal-3180	228	21	cathay	cathay	PROPN
cjal-3180	228	22	pacific	pacific	PROPN
cjal-3180	228	23	to	to	ADP
cjal-3180	228	24	chinese	chinese	ADJ
cjal-3180	228	25	interests	interest	NOUN
cjal-3180	228	26	at	at	ADP
cjal-3180	228	27	a	a	DET
cjal-3180	228	28	preferential	preferential	ADJ
cjal-3180	228	29	price	price	NOUN
cjal-3180	228	30	to	to	PART
cjal-3180	228	31	ensure	ensure	VERB
cjal-3180	228	32	a	a	DET
cjal-3180	228	33	majority	majority	NOUN
cjal-3180	228	34	chinese	chinese	ADJ
cjal-3180	228	35	stake	stake	NOUN
cjal-3180	228	36	in	in	ADP
cjal-3180	228	37	cathay	cathay	PROPN
cjal-3180	228	38	.	.	PUNCT
cjal-3180	229	1	"7	"7	ADJ
cjal-3180	229	2	1	1	NUM
cjal-3180	229	3	other	other	ADJ
cjal-3180	229	4	firms	firm	NOUN
cjal-3180	229	5	have	have	AUX
cjal-3180	229	6	expressed	express	VERB
cjal-3180	229	7	concerns	concern	NOUN
cjal-3180	229	8	about	about	ADP
cjal-3180	229	9	this	this	DET
cjal-3180	229	10	sort	sort	NOUN
cjal-3180	229	11	of	of	ADP
cjal-3180	229	12	pressure	pressure	NOUN
cjal-3180	229	13	by	by	ADP
cjal-3180	229	14	transferring	transfer	VERB
cjal-3180	229	15	assets	asset	NOUN
cjal-3180	229	16	and	and	CCONJ
cjal-3180	229	17	currency	currency	NOUN
cjal-3180	229	18	(	(	PUNCT
cjal-3180	229	19	or	or	CCONJ
cjal-3180	229	20	the	the	DET
cjal-3180	229	21	entire	entire	ADJ
cjal-3180	229	22	firm	firm	ADJ
cjal-3180	229	23	headquarters	headquarters	NOUN
cjal-3180	229	24	in	in	ADP
cjal-3180	229	25	one	one	NUM
cjal-3180	229	26	case)72	case)72	NOUN
cjal-3180	229	27	to	to	ADP
cjal-3180	229	28	other	other	ADJ
cjal-3180	229	29	locales	locale	NOUN
cjal-3180	229	30	,	,	PUNCT
cjal-3180	229	31	or	or	CCONJ
cjal-3180	229	32	even	even	ADV
cjal-3180	229	33	"	"	PUNCT
cjal-3180	229	34	[	[	X
cjal-3180	229	35	taking	taking	NOUN
cjal-3180	229	36	]	]	PUNCT
cjal-3180	229	37	the	the	DET
cjal-3180	229	38	unusual	unusual	ADJ
cjal-3180	229	39	step	step	NOUN
cjal-3180	229	40	of	of	ADP
cjal-3180	229	41	ensuring	ensure	VERB
cjal-3180	229	42	their	their	PRON
cjal-3180	229	43	contracts	contract	NOUN
cjal-3180	229	44	are	be	AUX
cjal-3180	229	45	not	not	PART
cjal-3180	229	46	subject	subject	ADJ
cjal-3180	229	47	to	to	ADP
cjal-3180	229	48	the	the	DET
cjal-3180	229	49	jurisdiction	jurisdiction	NOUN
cjal-3180	229	50	of	of	ADP
cjal-3180	229	51	local	local	ADJ
cjal-3180	229	52	courts	court	NOUN
cjal-3180	229	53	.	.	PUNCT
cjal-3180	230	1	"03	"03	PROPN
cjal-3180	231	1	as	as	ADP
cjal-3180	231	2	a	a	DET
cjal-3180	231	3	clear	clear	ADJ
cjal-3180	231	4	example	example	NOUN
cjal-3180	231	5	,	,	PUNCT
cjal-3180	231	6	a	a	DET
cjal-3180	231	7	pre	pre	ADJ
cjal-3180	231	8	-	-	ADJ
cjal-3180	231	9	transition	transition	ADJ
cjal-3180	231	10	study	study	NOUN
cjal-3180	231	11	found	find	VERB
cjal-3180	231	12	that	that	SCONJ
cjal-3180	231	13	"	"	PUNCT
cjal-3180	231	14	about	about	ADP
cjal-3180	231	15	half	half	NOUN
cjal-3180	231	16	of	of	ADP
cjal-3180	231	17	all	all	DET
cjal-3180	231	18	the	the	DET
cjal-3180	231	19	529	529	NUM
cjal-3180	231	20	companies	company	NOUN
cjal-3180	231	21	listed	list	VERB
cjal-3180	231	22	on	on	ADP
cjal-3180	231	23	the	the	DET
cjal-3180	231	24	hong	hong	PROPN
cjal-3180	231	25	kong	kong	PROPN
cjal-3180	231	26	stock	stock	PROPN
cjal-3180	231	27	exchange	exchange	PROPN
cjal-3180	231	28	also	also	ADV
cjal-3180	231	29	have	have	VERB
cjal-3180	231	30	legal	legal	ADJ
cjal-3180	231	31	status	status	NOUN
cjal-3180	231	32	in	in	ADP
cjal-3180	231	33	bermuda	bermuda	NOUN
cjal-3180	231	34	or	or	CCONJ
cjal-3180	231	35	the	the	DET
cjal-3180	231	36	west	west	PROPN
cjal-3180	231	37	indies	indies	PROPN
cjal-3180	231	38	,	,	PUNCT
cjal-3180	231	39	a	a	DET
cjal-3180	231	40	sign	sign	NOUN
cjal-3180	231	41	that	that	SCONJ
cjal-3180	231	42	they	they	PRON
cjal-3180	231	43	are	be	AUX
cjal-3180	231	44	positioned	position	VERB
cjal-3180	231	45	for	for	ADP
cjal-3180	231	46	quick	quick	ADJ
cjal-3180	231	47	flight	flight	NOUN
cjal-3180	231	48	.	.	PUNCT
cjal-3180	232	1	7	7	NUM
cjal-3180	232	2	4	4	NUM
cjal-3180	232	3	unequal	unequal	ADJ
cjal-3180	232	4	enforcement	enforcement	NOUN
cjal-3180	232	5	of	of	ADP
cjal-3180	232	6	regulations	regulation	NOUN
cjal-3180	232	7	and	and	CCONJ
cjal-3180	232	8	customs	custom	NOUN
cjal-3180	232	9	relating	relate	VERB
cjal-3180	232	10	to	to	ADP
cjal-3180	232	11	mergers	merger	NOUN
cjal-3180	232	12	and	and	CCONJ
cjal-3180	232	13	acquisitions	acquisition	NOUN
cjal-3180	232	14	is	be	AUX
cjal-3180	232	15	also	also	ADV
cjal-3180	232	16	potentially	potentially	ADV
cjal-3180	232	17	troublesome	troublesome	ADJ
cjal-3180	232	18	,	,	PUNCT
cjal-3180	232	19	especially	especially	ADV
cjal-3180	232	20	because	because	SCONJ
cjal-3180	232	21	,	,	PUNCT
cjal-3180	232	22	as	as	SCONJ
cjal-3180	232	23	discussed	discuss	VERB
cjal-3180	232	24	above	above	ADV
cjal-3180	232	25	,	,	PUNCT
cjal-3180	232	26	the	the	DET
cjal-3180	232	27	code	code	NOUN
cjal-3180	232	28	"	"	PUNCT
cjal-3180	232	29	does	do	AUX
cjal-3180	232	30	not	not	PART
cjal-3180	232	31	have	have	VERB
cjal-3180	232	32	..	..	PUNCT
cjal-3180	232	33	,	,	PUNCT
cjal-3180	232	34	the	the	DET
cjal-3180	232	35	force	force	NOUN
cjal-3180	232	36	of	of	ADP
cjal-3180	232	37	law	law	NOUN
cjal-3180	232	38	"	"	PUNCT
cjal-3180	232	39	and	and	CCONJ
cjal-3180	232	40	is	be	AUX
cjal-3180	232	41	not	not	PART
cjal-3180	232	42	a	a	DET
cjal-3180	232	43	legal	legal	ADJ
cjal-3180	232	44	document.7	document.7	PROPN
cjal-3180	232	45	5	5	NUM
cjal-3180	232	46	as	as	ADP
cjal-3180	232	47	a	a	DET
cjal-3180	232	48	result	result	NOUN
cjal-3180	232	49	,	,	PUNCT
cjal-3180	232	50	its	its	PRON
cjal-3180	232	51	post	post	ADJ
cjal-3180	232	52	-	-	ADJ
cjal-3180	232	53	transition	transition	ADJ
cjal-3180	232	54	status	status	NOUN
cjal-3180	232	55	is	be	AUX
cjal-3180	232	56	somewhat	somewhat	ADV
cjal-3180	232	57	less	less	ADV
cjal-3180	232	58	assured	assured	ADJ
cjal-3180	232	59	than	than	ADP
cjal-3180	232	60	hong	hong	PROPN
cjal-3180	232	61	kong	kong	PROPN
cjal-3180	232	62	's	's	PART
cjal-3180	232	63	laws	law	NOUN
cjal-3180	232	64	(	(	PUNCT
cjal-3180	232	65	which	which	PRON
cjal-3180	232	66	remain	remain	VERB
cjal-3180	232	67	in	in	ADP
cjal-3180	232	68	effect	effect	NOUN
cjal-3180	232	69	so	so	ADV
cjal-3180	232	70	long	long	ADV
cjal-3180	232	71	as	as	SCONJ
cjal-3180	232	72	they	they	PRON
cjal-3180	232	73	do	do	AUX
cjal-3180	232	74	not	not	PART
cjal-3180	232	75	conflict	conflict	VERB
cjal-3180	232	76	with	with	ADP
cjal-3180	232	77	the	the	DET
cjal-3180	232	78	basic	basic	ADJ
cjal-3180	232	79	law	law	NOUN
cjal-3180	232	80	and	and	CCONJ
cjal-3180	232	81	are	be	AUX
cjal-3180	232	82	not	not	PART
cjal-3180	232	83	amended	amend	VERB
cjal-3180	232	84	by	by	ADP
cjal-3180	232	85	the	the	DET
cjal-3180	232	86	hong	hong	PROPN
cjal-3180	232	87	kong	kong	PROPN
cjal-3180	232	88	legislature).76	legislature).76	PROPN
cjal-3180	232	89	nonetheless	nonetheless	ADV
cjal-3180	232	90	,	,	PUNCT
cjal-3180	232	91	an	an	DET
cjal-3180	232	92	argument	argument	NOUN
cjal-3180	232	93	can	can	AUX
cjal-3180	232	94	be	be	AUX
cjal-3180	232	95	made	make	VERB
cjal-3180	232	96	that	that	SCONJ
cjal-3180	232	97	,	,	PUNCT
cjal-3180	232	98	since	since	SCONJ
cjal-3180	232	99	it	it	PRON
cjal-3180	232	100	was	be	AUX
cjal-3180	232	101	published	publish	VERB
cjal-3180	232	102	in	in	ADP
cjal-3180	232	103	conjunction	conjunction	NOUN
cjal-3180	232	104	with	with	ADP
cjal-3180	232	105	the	the	DET
cjal-3180	232	106	creation	creation	NOUN
cjal-3180	232	107	of	of	ADP
cjal-3180	232	108	the	the	DET
cjal-3180	232	109	takeovers	takeover	NOUN
cjal-3180	232	110	committee	committee	NOUN
cjal-3180	232	111	,	,	PUNCT
cjal-3180	232	112	the	the	DET
cjal-3180	232	113	code	code	NOUN
cjal-3180	232	114	should	should	AUX
cjal-3180	232	115	have	have	VERB
cjal-3180	232	116	"	"	PUNCT
cjal-3180	232	117	at	at	ADP
cjal-3180	232	118	least	least	ADJ
cjal-3180	232	119	statutory	statutory	ADJ
cjal-3180	232	120	backing	backing	NOUN
cjal-3180	232	121	"	"	PUNCT
cjal-3180	232	122	even	even	ADV
cjal-3180	232	123	though	though	SCONJ
cjal-3180	232	124	it	it	PRON
cjal-3180	232	125	is	be	AUX
cjal-3180	232	126	not	not	PART
cjal-3180	232	127	"	"	PUNCT
cjal-3180	232	128	itself	itself	PRON
cjal-3180	232	129	a	a	DET
cjal-3180	232	130	statutory	statutory	ADJ
cjal-3180	232	131	body	body	NOUN
cjal-3180	232	132	in	in	ADP
cjal-3180	232	133	the	the	DET
cjal-3180	232	134	sense	sense	NOUN
cjal-3180	232	135	of	of	ADP
cjal-3180	232	136	being	be	AUX
cjal-3180	232	137	specifically	specifically	ADV
cjal-3180	232	138	created	create	VERB
cjal-3180	232	139	by	by	ADP
cjal-3180	232	140	statute	statute	NOUN
cjal-3180	232	141	.	.	PUNCT
cjal-3180	233	1	"77	"77	ADJ
cjal-3180	233	2	this	this	PRON
cjal-3180	233	3	implies	imply	VERB
cjal-3180	233	4	that	that	SCONJ
cjal-3180	233	5	the	the	DET
cjal-3180	233	6	code	code	NOUN
cjal-3180	233	7	would	would	AUX
cjal-3180	233	8	at	at	ADV
cjal-3180	233	9	least	least	ADJ
cjal-3180	233	10	survive	survive	VERB
cjal-3180	233	11	in	in	ADP
cjal-3180	233	12	the	the	DET
cjal-3180	233	13	immediate	immediate	ADJ
cjal-3180	233	14	future	future	NOUN
cjal-3180	233	15	,	,	PUNCT
cjal-3180	233	16	barring	bar	VERB
cjal-3180	233	17	any	any	DET
cjal-3180	233	18	specific	specific	ADJ
cjal-3180	233	19	action	action	NOUN
cjal-3180	233	20	to	to	ADP
cjal-3180	233	21	the	the	DET
cjal-3180	233	22	contrary	contrary	NOUN
cjal-3180	233	23	.	.	PUNCT
cjal-3180	234	1	in	in	ADP
cjal-3180	234	2	fact	fact	NOUN
cjal-3180	234	3	,	,	PUNCT
cjal-3180	234	4	so	so	ADV
cjal-3180	234	5	far	far	ADV
cjal-3180	234	6	,	,	PUNCT
cjal-3180	234	7	no	no	DET
cjal-3180	234	8	challenge	challenge	NOUN
cjal-3180	234	9	has	have	AUX
cjal-3180	234	10	yet	yet	ADV
cjal-3180	234	11	been	be	AUX
cjal-3180	234	12	made	make	VERB
cjal-3180	234	13	to	to	ADP
cjal-3180	234	14	the	the	DET
cjal-3180	234	15	code	code	NOUN
cjal-3180	234	16	's	's	PART
cjal-3180	234	17	post	post	ADJ
cjal-3180	234	18	-	-	ADJ
cjal-3180	234	19	transition	transition	ADJ
cjal-3180	234	20	legitimacy	legitimacy	NOUN
cjal-3180	234	21	.	.	PUNCT
cjal-3180	235	1	still	still	ADV
cjal-3180	235	2	,	,	PUNCT
cjal-3180	235	3	to	to	PART
cjal-3180	235	4	remain	remain	VERB
cjal-3180	235	5	effective	effective	ADJ
cjal-3180	235	6	,	,	PUNCT
cjal-3180	235	7	the	the	DET
cjal-3180	235	8	code	code	NOUN
cjal-3180	235	9	's	's	PART
cjal-3180	235	10	provisions	provision	NOUN
cjal-3180	235	11	must	must	AUX
cjal-3180	235	12	continue	continue	VERB
cjal-3180	235	13	to	to	PART
cjal-3180	235	14	be	be	AUX
cjal-3180	235	15	enforced	enforce	VERB
cjal-3180	235	16	even	even	ADV
cjal-3180	235	17	-	-	PUNCT
cjal-3180	235	18	handedly	handedly	ADV
cjal-3180	235	19	and	and	CCONJ
cjal-3180	235	20	without	without	ADP
cjal-3180	235	21	bias	bias	NOUN
cjal-3180	235	22	.	.	PUNCT
cjal-3180	236	1	as	as	SCONJ
cjal-3180	236	2	richard	richard	PROPN
cjal-3180	236	3	lesher	lesher	PROPN
cjal-3180	236	4	,	,	PUNCT
cjal-3180	236	5	president	president	NOUN
cjal-3180	236	6	of	of	ADP
cjal-3180	236	7	the	the	DET
cjal-3180	236	8	u.s	u.s	PROPN
cjal-3180	236	9	.	.	PROPN
cjal-3180	236	10	chamber	chamber	PROPN
cjal-3180	236	11	of	of	ADP
cjal-3180	236	12	commerce	commerce	PROPN
cjal-3180	236	13	,	,	PUNCT
cjal-3180	236	14	put	put	VERB
cjal-3180	236	15	it	it	PRON
cjal-3180	236	16	,	,	PUNCT
cjal-3180	236	17	"	"	PUNCT
cjal-3180	236	18	chinese	chinese	ADJ
cjal-3180	236	19	authorities	authority	NOUN
cjal-3180	236	20	..	..	PUNCT
cjal-3180	236	21	,	,	PUNCT
cjal-3180	236	22	need	need	VERB
cjal-3180	236	23	to	to	PART
cjal-3180	236	24	become	become	VERB
cjal-3180	236	25	acquainted	acquainted	ADJ
cjal-3180	236	26	with	with	ADP
cjal-3180	236	27	the	the	DET
cjal-3180	236	28	unfamiliar	unfamiliar	ADJ
cjal-3180	236	29	concept	concept	NOUN
cjal-3180	236	30	of	of	ADP
cjal-3180	236	31	applying	apply	VERB
cjal-3180	236	32	laws	law	NOUN
cjal-3180	236	33	and	and	CCONJ
cjal-3180	236	34	regulations	regulation	NOUN
cjal-3180	236	35	uniformly	uniformly	ADV
cjal-3180	236	36	and	and	CCONJ
cjal-3180	236	37	fairly	fairly	ADV
cjal-3180	236	38	.	.	PUNCT
cjal-3180	237	1	7	7	NUM
cjal-3180	237	2	8	8	NUM
cjal-3180	237	3	others	other	NOUN
cjal-3180	237	4	have	have	AUX
cjal-3180	237	5	made	make	VERB
cjal-3180	237	6	the	the	DET
cjal-3180	237	7	same	same	ADJ
cjal-3180	237	8	point	point	NOUN
cjal-3180	237	9	,	,	PUNCT
cjal-3180	237	10	noting	note	VERB
cjal-3180	237	11	that	that	SCONJ
cjal-3180	237	12	"	"	PUNCT
cjal-3180	237	13	market	market	NOUN
cjal-3180	237	14	insiders	insider	NOUN
cjal-3180	237	15	now	now	ADV
cjal-3180	237	16	fear	fear	VERB
cjal-3180	237	17	that	that	SCONJ
cjal-3180	237	18	well	well	ADV
cjal-3180	237	19	-	-	PUNCT
cjal-3180	237	20	connected	connect	VERB
cjal-3180	237	21	chinese	chinese	PROPN
cjal-3180	237	22	will	will	AUX
cjal-3180	237	23	get	get	VERB
cjal-3180	237	24	71	71	NUM
cjal-3180	237	25	.	.	PUNCT
cjal-3180	237	26	de	de	X
cjal-3180	237	27	mesquita	mesquita	PROPN
cjal-3180	237	28	,	,	PUNCT
cjal-3180	237	29	supra	supra	PROPN
cjal-3180	237	30	note	note	PROPN
cjal-3180	237	31	52	52	NUM
cjal-3180	237	32	,	,	PUNCT
cjal-3180	237	33	at	at	ADP
cjal-3180	237	34	125	125	NUM
cjal-3180	237	35	.	.	PUNCT
cjal-3180	237	36	72	72	NUM
cjal-3180	237	37	.	.	PUNCT
cjal-3180	238	1	cathay	cathay	PROPN
cjal-3180	238	2	pacific	pacific	PROPN
cjal-3180	238	3	:	:	PUNCT
cjal-3180	238	4	boarding	boarding	NOUN
cjal-3180	238	5	forbeijing	forbeijing	NOUN
cjal-3180	238	6	,	,	PUNCT
cjal-3180	238	7	theeconomist	theeconomist	PRON
cjal-3180	238	8	,	,	PUNCT
cjal-3180	238	9	may	may	AUX
cjal-3180	238	10	4,1996	4,1996	NUM
cjal-3180	238	11	,	,	PUNCT
cjal-3180	238	12	at	at	ADP
cjal-3180	238	13	65	65	NUM
cjal-3180	238	14	(	(	PUNCT
cjal-3180	238	15	noting	note	VERB
cjal-3180	238	16	jardine	jardine	PROPN
cjal-3180	238	17	matheson	matheson	PROPN
cjal-3180	238	18	,	,	PUNCT
cjal-3180	238	19	which	which	PRON
cjal-3180	238	20	also	also	ADV
cjal-3180	238	21	delisted	delist	VERB
cjal-3180	238	22	its	its	PRON
cjal-3180	238	23	companies	company	NOUN
cjal-3180	238	24	from	from	ADP
cjal-3180	238	25	hong	hong	PROPN
cjal-3180	238	26	kong	kong	PROPN
cjal-3180	238	27	's	's	PART
cjal-3180	238	28	stock	stock	NOUN
cjal-3180	238	29	exchange	exchange	NOUN
cjal-3180	238	30	)	)	PUNCT
cjal-3180	238	31	.	.	PUNCT
cjal-3180	239	1	73.lee	73.lee	PROPN
cjal-3180	239	2	,	,	PUNCT
cjal-3180	239	3	supra	supra	PROPN
cjal-3180	239	4	note	note	PROPN
cjal-3180	239	5	67	67	NUM
cjal-3180	239	6	,	,	PUNCT
cjal-3180	239	7	at	at	ADP
cjal-3180	239	8	28	28	NUM
cjal-3180	239	9	(	(	PUNCT
cjal-3180	239	10	quoting	quote	VERB
cjal-3180	239	11	hong	hong	PROPN
cjal-3180	239	12	kong	kong	PROPN
cjal-3180	239	13	attorney	attorney	PROPN
cjal-3180	239	14	general	general	PROPN
cjal-3180	239	15	jeremy	jeremy	PROPN
cjal-3180	239	16	matthews	matthews	PROPN
cjal-3180	239	17	)	)	PUNCT
cjal-3180	239	18	.	.	PUNCT
cjal-3180	240	1	74	74	NUM
cjal-3180	240	2	.	.	PUNCT
cjal-3180	241	1	kevin	kevin	PROPN
cjal-3180	241	2	hamlin	hamlin	PROPN
cjal-3180	241	3	,	,	PUNCT
cjal-3180	241	4	greater	great	ADJ
cjal-3180	241	5	china	china	PROPN
cjal-3180	241	6	's	's	PART
cjal-3180	241	7	business	business	NOUN
cjal-3180	241	8	future	future	NOUN
cjal-3180	241	9	,	,	PUNCT
cjal-3180	241	10	int'l	int'l	ADV
cjal-3180	241	11	bus	bus	NOUN
cjal-3180	241	12	.	.	PUNCT
cjal-3180	241	13	,	,	PUNCT
cjal-3180	241	14	may	may	PROPN
cjal-3180	241	15	1995	1995	NUM
cjal-3180	241	16	,	,	PUNCT
cjal-3180	241	17	at	at	ADP
cjal-3180	241	18	32	32	NUM
cjal-3180	241	19	.	.	PUNCT
cjal-3180	242	1	75	75	NUM
cjal-3180	242	2	.	.	PUNCT
cjal-3180	243	1	hong	hong	PROPN
cjal-3180	243	2	kong	kong	PROPN
cjal-3180	243	3	code	code	PROPN
cjal-3180	243	4	on	on	ADP
cjal-3180	243	5	takeovers	takeover	NOUN
cjal-3180	243	6	&	&	CCONJ
cjal-3180	243	7	mergers	merger	NOUN
cjal-3180	243	8	,	,	PUNCT
cjal-3180	243	9	§	§	PROPN
cjal-3180	243	10	1	1	NUM
cjal-3180	243	11	.	.	NUM
cjal-3180	243	12	76	76	NUM
cjal-3180	243	13	.	.	PUNCT
cjal-3180	244	1	simon	simon	PROPN
cjal-3180	244	2	,	,	PUNCT
cjal-3180	244	3	supra	supra	PROPN
cjal-3180	244	4	note	note	PROPN
cjal-3180	244	5	11	11	NUM
cjal-3180	244	6	,	,	PUNCT
cjal-3180	244	7	at	at	ADP
cjal-3180	244	8	123	123	NUM
cjal-3180	244	9	.	.	PUNCT
cjal-3180	245	1	the	the	DET
cjal-3180	245	2	code	code	NOUN
cjal-3180	245	3	clearly	clearly	ADV
cjal-3180	245	4	does	do	AUX
cjal-3180	245	5	not	not	PART
cjal-3180	245	6	fit	fit	VERB
cjal-3180	245	7	into	into	ADP
cjal-3180	245	8	the	the	DET
cjal-3180	245	9	types	type	NOUN
cjal-3180	245	10	of	of	ADP
cjal-3180	245	11	pre	pre	ADJ
cjal-3180	245	12	-	-	ADJ
cjal-3180	245	13	existing	existing	ADJ
cjal-3180	245	14	laws	law	NOUN
cjal-3180	245	15	protected	protect	VERB
cjal-3180	245	16	by	by	ADP
cjal-3180	245	17	article	article	NOUN
cjal-3180	245	18	8	8	NUM
cjal-3180	245	19	of	of	ADP
cjal-3180	245	20	the	the	DET
cjal-3180	245	21	basic	basic	ADJ
cjal-3180	245	22	law	law	NOUN
cjal-3180	245	23	(	(	PUNCT
cjal-3180	245	24	"	"	PUNCT
cjal-3180	245	25	common	common	ADJ
cjal-3180	245	26	law	law	NOUN
cjal-3180	245	27	,	,	PUNCT
cjal-3180	245	28	rules	rule	NOUN
cjal-3180	245	29	of	of	ADP
cjal-3180	245	30	equity	equity	NOUN
cjal-3180	245	31	,	,	PUNCT
cjal-3180	245	32	ordinances	ordinance	NOUN
cjal-3180	245	33	,	,	PUNCT
cjal-3180	245	34	subordinate	subordinate	ADJ
cjal-3180	245	35	legislation	legislation	NOUN
cjal-3180	245	36	,	,	PUNCT
cjal-3180	245	37	and	and	CCONJ
cjal-3180	245	38	customary	customary	ADJ
cjal-3180	245	39	law	law	NOUN
cjal-3180	245	40	"	"	PUNCT
cjal-3180	245	41	)	)	PUNCT
cjal-3180	245	42	.	.	PUNCT
cjal-3180	246	1	77	77	NUM
cjal-3180	246	2	.	.	PUNCT
cjal-3180	247	1	murphy	murphy	PROPN
cjal-3180	247	2	,	,	PUNCT
cjal-3180	247	3	supra	supra	PROPN
cjal-3180	247	4	note	note	PROPN
cjal-3180	247	5	21	21	NUM
cjal-3180	247	6	,	,	PUNCT
cjal-3180	247	7	at	at	ADP
cjal-3180	247	8	5	5	NUM
cjal-3180	247	9	.	.	PUNCT
cjal-3180	247	10	78	78	NUM
cjal-3180	247	11	.	.	PUNCT
cjal-3180	248	1	richard	richard	PROPN
cjal-3180	248	2	lesher	lesher	PROPN
cjal-3180	248	3	,	,	PUNCT
cjal-3180	248	4	should	should	AUX
cjal-3180	248	5	congress	congress	PROPN
cjal-3180	248	6	grant	grant	VERB
cjal-3180	248	7	permanent	permanent	ADJ
cjal-3180	248	8	'	'	PUNCT
cjal-3180	248	9	most	most	ADV
cjal-3180	248	10	favored	favor	VERB
cjal-3180	248	11	nation	nation	NOUN
cjal-3180	248	12	'	'	PART
cjal-3180	248	13	status	status	NOUN
cjal-3180	248	14	to	to	ADP
cjal-3180	248	15	china	china	PROPN
cjal-3180	248	16	?	?	PUNCT
cjal-3180	248	17	,	,	PUNCT
cjal-3180	248	18	wash	wash	NOUN
cjal-3180	248	19	.	.	PUNCT
cjal-3180	249	1	post	post	NOUN
cjal-3180	249	2	,	,	PUNCT
cjal-3180	249	3	jan	jan	PROPN
cjal-3180	249	4	.	.	PROPN
cjal-3180	249	5	6	6	NUM
cjal-3180	249	6	,	,	PUNCT
cjal-3180	249	7	1997	1997	NUM
cjal-3180	249	8	,	,	PUNCT
cjal-3180	249	9	at	at	ADP
cjal-3180	249	10	24	24	NUM
cjal-3180	249	11	.	.	PUNCT
cjal-3180	250	1	[	[	X
cjal-3180	250	2	12:1	12:1	NUM
cjal-3180	250	3	m	m	PROPN
cjal-3180	250	4	&	&	CCONJ
cjal-3180	250	5	a	a	DET
cjal-3180	250	6	regulations	regulation	NOUN
cjal-3180	250	7	in	in	ADP
cjal-3180	250	8	hong	hong	PROPN
cjal-3180	250	9	kong	kong	PROPN
cjal-3180	250	10	special	special	ADJ
cjal-3180	250	11	treatment	treatment	NOUN
cjal-3180	250	12	from	from	ADP
cjal-3180	250	13	hong	hong	PROPN
cjal-3180	250	14	kong	kong	PROPN
cjal-3180	250	15	regulators.0	regulators.0	NOUN
cjal-3180	250	16	9	9	NUM
cjal-3180	250	17	such	such	ADJ
cjal-3180	250	18	special	special	ADJ
cjal-3180	250	19	treatment	treatment	NOUN
cjal-3180	250	20	could	could	AUX
cjal-3180	250	21	take	take	VERB
cjal-3180	250	22	a	a	DET
cjal-3180	250	23	variety	variety	NOUN
cjal-3180	250	24	of	of	ADP
cjal-3180	250	25	forms	form	NOUN
cjal-3180	250	26	,	,	PUNCT
cjal-3180	250	27	such	such	ADJ
cjal-3180	250	28	as	as	ADP
cjal-3180	250	29	subtle	subtle	ADJ
cjal-3180	250	30	and	and	CCONJ
cjal-3180	250	31	indirect	indirect	ADJ
cjal-3180	250	32	interference	interference	NOUN
cjal-3180	250	33	.	.	PUNCT
cjal-3180	251	1	indirect	indirect	ADJ
cjal-3180	251	2	interference	interference	NOUN
cjal-3180	251	3	could	could	AUX
cjal-3180	251	4	include	include	VERB
cjal-3180	251	5	leaking	leak	VERB
cjal-3180	251	6	of	of	ADP
cjal-3180	251	7	information	information	NOUN
cjal-3180	251	8	confidentially	confidentially	ADV
cjal-3180	251	9	discussed	discuss	VERB
cjal-3180	251	10	with	with	ADP
cjal-3180	251	11	the	the	DET
cjal-3180	251	12	takeovers	takeover	NOUN
cjal-3180	251	13	committee	committee	NOUN
cjal-3180	251	14	in	in	ADP
cjal-3180	251	15	compliance	compliance	NOUN
cjal-3180	251	16	with	with	ADP
cjal-3180	251	17	the	the	DET
cjal-3180	251	18	code	code	NOUN
cjal-3180	251	19	to	to	PART
cjal-3180	251	20	favored	favor	VERB
cjal-3180	251	21	partiess	partiess	NOUN
cjal-3180	251	22	°	°	ADP
cjal-3180	251	23	or	or	CCONJ
cjal-3180	251	24	failure	failure	NOUN
cjal-3180	251	25	to	to	PART
cjal-3180	251	26	give	give	VERB
cjal-3180	251	27	disfavored	disfavored	ADJ
cjal-3180	251	28	parties	party	NOUN
cjal-3180	251	29	access	access	NOUN
cjal-3180	251	30	to	to	ADP
cjal-3180	251	31	information	information	NOUN
cjal-3180	251	32	the	the	DET
cjal-3180	251	33	disclosure	disclosure	NOUN
cjal-3180	251	34	of	of	ADP
cjal-3180	251	35	which	which	PRON
cjal-3180	251	36	is	be	AUX
cjal-3180	251	37	required	require	VERB
cjal-3180	251	38	under	under	ADP
cjal-3180	251	39	the	the	DET
cjal-3180	251	40	code	code	NOUN
cjal-3180	251	41	.	.	PUNCT
cjal-3180	252	1	more	more	ADJ
cjal-3180	252	2	direct	direct	ADJ
cjal-3180	252	3	forms	form	NOUN
cjal-3180	252	4	of	of	ADP
cjal-3180	252	5	the	the	DET
cjal-3180	252	6	coercion	coercion	NOUN
cjal-3180	252	7	may	may	AUX
cjal-3180	252	8	be	be	AUX
cjal-3180	252	9	possible	possible	ADJ
cjal-3180	252	10	as	as	ADV
cjal-3180	252	11	well	well	ADV
cjal-3180	252	12	,	,	PUNCT
cjal-3180	252	13	such	such	ADJ
cjal-3180	252	14	as	as	ADP
cjal-3180	252	15	the	the	DET
cjal-3180	252	16	interference	interference	NOUN
cjal-3180	252	17	with	with	ADP
cjal-3180	252	18	the	the	DET
cjal-3180	252	19	business	business	NOUN
cjal-3180	252	20	activities	activity	NOUN
cjal-3180	252	21	of	of	ADP
cjal-3180	252	22	targets	target	NOUN
cjal-3180	252	23	or	or	CCONJ
cjal-3180	252	24	acquirers	acquirer	NOUN
cjal-3180	252	25	through	through	ADP
cjal-3180	252	26	denial	denial	NOUN
cjal-3180	252	27	of	of	ADP
cjal-3180	252	28	permits,8	permits,8	NOUN
cjal-3180	252	29	'	'	PART
cjal-3180	252	30	cancellation	cancellation	NOUN
cjal-3180	252	31	of	of	ADP
cjal-3180	252	32	leases,82	leases,82	NOUN
cjal-3180	252	33	and	and	CCONJ
cjal-3180	252	34	pressure	pressure	NOUN
cjal-3180	252	35	placed	place	VERB
cjal-3180	252	36	upon	upon	SCONJ
cjal-3180	252	37	customers	customer	NOUN
cjal-3180	252	38	and	and	CCONJ
cjal-3180	252	39	suppliers	supplier	NOUN
cjal-3180	252	40	.	.	PUNCT
cjal-3180	253	1	it	it	PRON
cjal-3180	253	2	would	would	AUX
cjal-3180	253	3	only	only	ADV
cjal-3180	253	4	take	take	VERB
cjal-3180	253	5	a	a	DET
cjal-3180	253	6	few	few	ADJ
cjal-3180	253	7	leaks	leak	NOUN
cjal-3180	253	8	or	or	CCONJ
cjal-3180	253	9	instances	instance	NOUN
cjal-3180	253	10	of	of	ADP
cjal-3180	253	11	unequal	unequal	ADJ
cjal-3180	253	12	enforcement	enforcement	NOUN
cjal-3180	253	13	to	to	PART
cjal-3180	253	14	erode	erode	VERB
cjal-3180	253	15	the	the	DET
cjal-3180	253	16	willingness	willingness	NOUN
cjal-3180	253	17	of	of	ADP
cjal-3180	253	18	business	business	NOUN
cjal-3180	253	19	people	people	NOUN
cjal-3180	253	20	and	and	CCONJ
cjal-3180	253	21	professionals	professional	NOUN
cjal-3180	253	22	to	to	PART
cjal-3180	253	23	comply	comply	VERB
cjal-3180	253	24	with	with	ADP
cjal-3180	253	25	the	the	DET
cjal-3180	253	26	code	code	NOUN
cjal-3180	253	27	.	.	PUNCT
cjal-3180	254	1	all	all	DET
cjal-3180	254	2	these	these	PRON
cjal-3180	254	3	could	could	AUX
cjal-3180	254	4	lead	lead	VERB
cjal-3180	254	5	to	to	ADP
cjal-3180	254	6	the	the	DET
cjal-3180	254	7	complete	complete	ADJ
cjal-3180	254	8	ineffectiveness	ineffectiveness	NOUN
cjal-3180	254	9	of	of	ADP
cjal-3180	254	10	the	the	DET
cjal-3180	254	11	code	code	NOUN
cjal-3180	254	12	since	since	ADV
cjal-3180	254	13	,	,	PUNCT
cjal-3180	254	14	"	"	PUNCT
cjal-3180	254	15	to	to	PART
cjal-3180	254	16	be	be	AUX
cjal-3180	254	17	effective	effective	ADJ
cjal-3180	254	18	,	,	PUNCT
cjal-3180	254	19	[	[	X
cjal-3180	254	20	the	the	DET
cjal-3180	254	21	code	code	NOUN
cjal-3180	254	22	]	]	PUNCT
cjal-3180	254	23	must	must	AUX
cjal-3180	254	24	,	,	PUNCT
cjal-3180	254	25	of	of	ADP
cjal-3180	254	26	necessity	necessity	NOUN
cjal-3180	254	27	,	,	PUNCT
cjal-3180	254	28	rely	rely	VERB
cjal-3180	254	29	to	to	ADP
cjal-3180	254	30	a	a	DET
cjal-3180	254	31	large	large	ADJ
cjal-3180	254	32	extent	extent	NOUN
cjal-3180	254	33	on	on	ADP
cjal-3180	254	34	those	those	PRON
cjal-3180	254	35	who	who	PRON
cjal-3180	254	36	are	be	AUX
cjal-3180	254	37	involved	involve	VERB
cjal-3180	254	38	in	in	ADP
cjal-3180	254	39	the	the	DET
cjal-3180	254	40	professional	professional	ADJ
cjal-3180	254	41	business	business	NOUN
cjal-3180	254	42	of	of	ADP
cjal-3180	254	43	advising	advise	VERB
cjal-3180	254	44	others	other	NOUN
cjal-3180	254	45	on	on	ADP
cjal-3180	254	46	takeover	takeover	NOUN
cjal-3180	254	47	activity	activity	NOUN
cjal-3180	254	48	in	in	ADP
cjal-3180	254	49	its	its	PRON
cjal-3180	254	50	widest	wide	ADJ
cjal-3180	254	51	sense	sense	NOUN
cjal-3180	254	52	to	to	PART
cjal-3180	254	53	abide	abide	VERB
cjal-3180	254	54	by	by	ADP
cjal-3180	254	55	its	its	PRON
cjal-3180	254	56	tenets	tenet	NOUN
cjal-3180	254	57	and	and	CCONJ
cjal-3180	254	58	to	to	PART
cjal-3180	254	59	observe	observe	VERB
cjal-3180	254	60	its	its	PRON
cjal-3180	254	61	strictures	stricture	NOUN
cjal-3180	254	62	.	.	PUNCT
cjal-3180	254	63	'	'	PUNCT
cjal-3180	255	1	3	3	NUM
cjal-3180	255	2	the	the	DET
cjal-3180	255	3	lingering	linger	VERB
cjal-3180	255	4	threat	threat	NOUN
cjal-3180	255	5	of	of	ADP
cjal-3180	255	6	substantial	substantial	ADJ
cjal-3180	255	7	changes	change	NOUN
cjal-3180	255	8	in	in	ADP
cjal-3180	255	9	hong	hong	PROPN
cjal-3180	255	10	kong	kong	PROPN
cjal-3180	255	11	's	's	PART
cjal-3180	255	12	judicial	judicial	ADJ
cjal-3180	255	13	system	system	NOUN
cjal-3180	255	14	makes	make	VERB
cjal-3180	255	15	this	this	DET
cjal-3180	255	16	prospect	prospect	NOUN
cjal-3180	255	17	even	even	ADV
cjal-3180	255	18	more	more	ADV
cjal-3180	255	19	worrisome.8s	worrisome.8s	PROPN
cjal-3180	255	20	before	before	ADP
cjal-3180	255	21	transition	transition	NOUN
cjal-3180	255	22	,	,	PUNCT
cjal-3180	255	23	commentators	commentator	NOUN
cjal-3180	255	24	noted	note	VERB
cjal-3180	255	25	that	that	SCONJ
cjal-3180	255	26	"	"	PUNCT
cjal-3180	255	27	hong	hong	PROPN
cjal-3180	255	28	kong	kong	PROPN
cjal-3180	255	29	's	's	PART
cjal-3180	255	30	fair	fair	ADJ
cjal-3180	255	31	and	and	CCONJ
cjal-3180	255	32	efficient	efficient	ADJ
cjal-3180	255	33	legal	legal	ADJ
cjal-3180	255	34	system	system	NOUN
cjal-3180	255	35	,	,	PUNCT
cjal-3180	255	36	the	the	DET
cjal-3180	255	37	bedrock	bedrock	NOUN
cjal-3180	255	38	of	of	ADP
cjal-3180	255	39	its	its	PRON
cjal-3180	255	40	economic	economic	ADJ
cjal-3180	255	41	success	success	NOUN
cjal-3180	255	42	,	,	PUNCT
cjal-3180	255	43	is	be	AUX
cjal-3180	255	44	earmarked	earmark	VERB
cjal-3180	255	45	to	to	PART
cjal-3180	255	46	be	be	AUX
cjal-3180	255	47	one	one	NUM
cjal-3180	255	48	of	of	ADP
cjal-3180	255	49	the	the	DET
cjal-3180	255	50	first	first	ADJ
cjal-3180	255	51	casualties	casualty	NOUN
cjal-3180	255	52	when	when	SCONJ
cjal-3180	255	53	china	china	PROPN
cjal-3180	255	54	takes	take	VERB
cjal-3180	255	55	over",85	over",85	ADV
cjal-3180	255	56	and	and	CCONJ
cjal-3180	255	57	that	that	SCONJ
cjal-3180	255	58	beijing	beijing	PROPN
cjal-3180	255	59	was	be	AUX
cjal-3180	255	60	"	"	PUNCT
cjal-3180	255	61	actively	actively	ADV
cjal-3180	255	62	trying	try	VERB
cjal-3180	255	63	to	to	PART
cjal-3180	255	64	control	control	VERB
cjal-3180	255	65	hong	hong	PROPN
cjal-3180	255	66	kong	kong	PROPN
cjal-3180	255	67	's	's	PART
cjal-3180	255	68	legal	legal	ADJ
cjal-3180	255	69	and	and	CCONJ
cjal-3180	255	70	political	political	ADJ
cjal-3180	255	71	systems	system	NOUN
cjal-3180	255	72	the	the	DET
cjal-3180	255	73	legislature	legislature	NOUN
cjal-3180	255	74	,	,	PUNCT
cjal-3180	255	75	the	the	DET
cjal-3180	255	76	court	court	NOUN
cjal-3180	255	77	of	of	ADP
cjal-3180	255	78	final	final	ADJ
cjal-3180	255	79	appeal	appeal	NOUN
cjal-3180	255	80	,	,	PUNCT
cjal-3180	255	81	the	the	DET
cjal-3180	255	82	civil	civil	ADJ
cjal-3180	255	83	service	service	NOUN
cjal-3180	255	84	and	and	CCONJ
cjal-3180	255	85	to	to	PART
cjal-3180	255	86	control	control	VERB
cjal-3180	255	87	hong	hong	PROPN
cjal-3180	255	88	kong	kong	PROPN
cjal-3180	255	89	's	's	PART
cjal-3180	255	90	laws	law	NOUN
cjal-3180	255	91	.	.	PUNCT
cjal-3180	256	1	,8	,8	PUNCT
cjal-3180	256	2	6	6	NUM
cjal-3180	256	3	although	although	SCONJ
cjal-3180	256	4	opinions	opinion	NOUN
cjal-3180	256	5	differ	differ	VERB
cjal-3180	256	6	as	as	ADP
cjal-3180	256	7	to	to	ADP
cjal-3180	256	8	the	the	DET
cjal-3180	256	9	worth	worth	NOUN
cjal-3180	256	10	of	of	ADP
cjal-3180	256	11	hong	hong	PROPN
cjal-3180	256	12	kong	kong	PROPN
cjal-3180	256	13	's	's	PART
cjal-3180	256	14	current	current	ADJ
cjal-3180	256	15	judicial	judicial	ADJ
cjal-3180	256	16	system	system	NOUN
cjal-3180	256	17	and	and	CCONJ
cjal-3180	256	18	how	how	SCONJ
cjal-3180	256	19	much	much	ADJ
cjal-3180	256	20	of	of	ADP
cjal-3180	256	21	a	a	DET
cjal-3180	256	22	role	role	NOUN
cjal-3180	256	23	it	it	PRON
cjal-3180	256	24	has	have	AUX
cjal-3180	256	25	played	play	VERB
cjal-3180	256	26	in	in	ADP
cjal-3180	256	27	hong	hong	PROPN
cjal-3180	256	28	kong	kong	PROPN
cjal-3180	256	29	's	's	PART
cjal-3180	256	30	success	success	NOUN
cjal-3180	256	31	,	,	PUNCT
cjal-3180	256	32	s7	s7	NOUN
cjal-3180	256	33	reduced	reduce	VERB
cjal-3180	256	34	independence	independence	NOUN
cjal-3180	256	35	of	of	ADP
cjal-3180	256	36	the	the	DET
cjal-3180	256	37	judiciary	judiciary	NOUN
cjal-3180	256	38	could	could	AUX
cjal-3180	256	39	nonetheless	nonetheless	ADV
cjal-3180	256	40	easily	easily	ADV
cjal-3180	256	41	79	79	NUM
cjal-3180	256	42	.	.	PUNCT
cjal-3180	257	1	clifford	clifford	PROPN
cjal-3180	257	2	,	,	PUNCT
cjal-3180	257	3	supra	supra	PROPN
cjal-3180	257	4	note	note	PROPN
cjal-3180	257	5	7	7	NUM
cjal-3180	257	6	,	,	PUNCT
cjal-3180	257	7	at	at	ADP
cjal-3180	257	8	42	42	NUM
cjal-3180	257	9	.	.	PUNCT
cjal-3180	257	10	80	80	NUM
cjal-3180	257	11	.	.	PUNCT
cjal-3180	258	1	currently	currently	ADV
cjal-3180	258	2	members	member	NOUN
cjal-3180	258	3	of	of	ADP
cjal-3180	258	4	the	the	DET
cjal-3180	258	5	committee	committee	NOUN
cjal-3180	258	6	on	on	ADP
cjal-3180	258	7	takeovers	takeover	NOUN
cjal-3180	258	8	and	and	CCONJ
cjal-3180	258	9	mergers	merger	NOUN
cjal-3180	258	10	are	be	AUX
cjal-3180	258	11	"	"	PUNCT
cjal-3180	258	12	subject	subject	ADJ
cjal-3180	258	13	to	to	ADP
cjal-3180	258	14	the	the	DET
cjal-3180	258	15	secrecy	secrecy	NOUN
cjal-3180	258	16	provisions	provision	NOUN
cjal-3180	258	17	of	of	ADP
cjal-3180	258	18	section	section	NOUN
cjal-3180	258	19	19	19	NUM
cjal-3180	258	20	of	of	ADP
cjal-3180	258	21	the	the	DET
cjal-3180	258	22	securities	security	NOUN
cjal-3180	258	23	ordinance	ordinance	NOUN
cjal-3180	258	24	"	"	PUNCT
cjal-3180	258	25	and	and	CCONJ
cjal-3180	258	26	must	must	AUX
cjal-3180	258	27	keep	keep	VERB
cjal-3180	258	28	confidential	confidential	ADJ
cjal-3180	258	29	information	information	NOUN
cjal-3180	258	30	received	receive	VERB
cjal-3180	258	31	by	by	ADP
cjal-3180	258	32	them	they	PRON
cjal-3180	258	33	pursuant	pursuant	ADJ
cjal-3180	258	34	to	to	ADP
cjal-3180	258	35	provisions	provision	NOUN
cjal-3180	258	36	of	of	ADP
cjal-3180	258	37	the	the	DET
cjal-3180	258	38	code	code	NOUN
cjal-3180	258	39	.	.	PUNCT
cjal-3180	259	1	see	see	VERB
cjal-3180	259	2	murphy	murphy	PROPN
cjal-3180	259	3	,	,	PUNCT
cjal-3180	259	4	supra	supra	PROPN
cjal-3180	259	5	note	note	PROPN
cjal-3180	259	6	21	21	NUM
cjal-3180	259	7	,	,	PUNCT
cjal-3180	259	8	at	at	ADP
cjal-3180	259	9	6	6	NUM
cjal-3180	259	10	.	.	NOUN
cjal-3180	259	11	81	81	NUM
cjal-3180	259	12	.	.	PUNCT
cjal-3180	260	1	de	de	ADP
cjal-3180	260	2	mesqurra	mesqurra	PROPN
cjal-3180	260	3	,	,	PUNCT
cjal-3180	260	4	supra	supra	PROPN
cjal-3180	260	5	note	note	NOUN
cjal-3180	260	6	52	52	NUM
cjal-3180	260	7	,	,	PUNCT
cjal-3180	260	8	at	at	ADP
cjal-3180	260	9	125	125	NUM
cjal-3180	260	10	(	(	PUNCT
cjal-3180	260	11	such	such	ADJ
cjal-3180	260	12	as	as	ADP
cjal-3180	260	13	the	the	DET
cjal-3180	260	14	closing	closing	NOUN
cjal-3180	260	15	of	of	ADP
cjal-3180	260	16	the	the	DET
cjal-3180	260	17	beijing	beijing	PROPN
cjal-3180	260	18	branch	branch	NOUN
cjal-3180	260	19	of	of	ADP
cjal-3180	260	20	giordano	giordano	PROPN
cjal-3180	260	21	for	for	ADP
cjal-3180	260	22	"	"	PUNCT
cjal-3180	260	23	lack	lack	NOUN
cjal-3180	260	24	of	of	ADP
cjal-3180	260	25	proper	proper	ADJ
cjal-3180	260	26	registration	registration	NOUN
cjal-3180	260	27	)	)	PUNCT
cjal-3180	260	28	.	.	PUNCT
cjal-3180	261	1	82	82	X
cjal-3180	261	2	.	.	PUNCT
cjal-3180	262	1	see	see	PROPN
cjal-3180	262	2	lee	lee	PROPN
cjal-3180	262	3	,	,	PUNCT
cjal-3180	262	4	supra	supra	PROPN
cjal-3180	262	5	note	note	PROPN
cjal-3180	262	6	66	66	NUM
cjal-3180	262	7	,	,	PUNCT
cjal-3180	262	8	at	at	ADP
cjal-3180	262	9	28	28	NUM
cjal-3180	262	10	(	(	PUNCT
cjal-3180	262	11	discussion	discussion	NOUN
cjal-3180	262	12	of	of	ADP
cjal-3180	262	13	the	the	DET
cjal-3180	262	14	cancelation	cancelation	NOUN
cjal-3180	262	15	of	of	ADP
cjal-3180	262	16	mcdonald	mcdonald	PROPN
cjal-3180	262	17	's	's	PART
cjal-3180	262	18	corporation	corporation	NOUN
cjal-3180	262	19	's	's	PART
cjal-3180	262	20	twenty	twenty	NUM
cjal-3180	262	21	-	-	PUNCT
cjal-3180	262	22	year	year	NOUN
cjal-3180	262	23	lease	lease	NOUN
cjal-3180	262	24	)	)	PUNCT
cjal-3180	262	25	.	.	PUNCT
cjal-3180	263	1	83	83	NUM
cjal-3180	263	2	.	.	PUNCT
cjal-3180	264	1	murphy	murphy	PROPN
cjal-3180	264	2	,	,	PUNCT
cjal-3180	264	3	supra	supra	PROPN
cjal-3180	264	4	note	note	PROPN
cjal-3180	264	5	21	21	NUM
cjal-3180	264	6	,	,	PUNCT
cjal-3180	264	7	at	at	ADP
cjal-3180	264	8	4	4	NUM
cjal-3180	264	9	.	.	NOUN
cjal-3180	264	10	84	84	NUM
cjal-3180	264	11	.	.	PUNCT
cjal-3180	265	1	see	see	VERB
cjal-3180	265	2	steve	steve	PROPN
cjal-3180	265	3	h.	h.	PROPN
cjal-3180	265	4	hanke	hanke	PROPN
cjal-3180	265	5	,	,	PUNCT
cjal-3180	265	6	the	the	DET
cjal-3180	265	7	curse	curse	NOUN
cjal-3180	265	8	of	of	ADP
cjal-3180	265	9	corruption	corruption	NOUN
cjal-3180	265	10	,	,	PUNCT
cjal-3180	265	11	forbes	forbes	PROPN
cjal-3180	265	12	,	,	PUNCT
cjal-3180	265	13	jul	jul	PROPN
cjal-3180	265	14	.	.	PROPN
cjal-3180	265	15	29	29	NUM
cjal-3180	265	16	,	,	PUNCT
cjal-3180	265	17	1996	1996	NUM
cjal-3180	265	18	,	,	PUNCT
cjal-3180	265	19	at	at	ADP
cjal-3180	265	20	103	103	NUM
cjal-3180	265	21	(	(	PUNCT
cjal-3180	265	22	noting	note	VERB
cjal-3180	265	23	the	the	DET
cjal-3180	265	24	importance	importance	NOUN
cjal-3180	265	25	of	of	ADP
cjal-3180	265	26	the	the	DET
cjal-3180	265	27	judiciary	judiciary	NOUN
cjal-3180	265	28	and	and	CCONJ
cjal-3180	265	29	the	the	DET
cjal-3180	265	30	rule	rule	NOUN
cjal-3180	265	31	of	of	ADP
cjal-3180	265	32	law	law	NOUN
cjal-3180	265	33	for	for	ADP
cjal-3180	265	34	dealing	deal	VERB
cjal-3180	265	35	with	with	ADP
cjal-3180	265	36	and	and	CCONJ
cjal-3180	265	37	reducing	reduce	VERB
cjal-3180	265	38	corruption	corruption	NOUN
cjal-3180	265	39	)	)	PUNCT
cjal-3180	265	40	.	.	PUNCT
cjal-3180	266	1	85	85	NUM
cjal-3180	266	2	.	.	PUNCT
cjal-3180	267	1	lee	lee	PROPN
cjal-3180	267	2	,	,	PUNCT
cjal-3180	267	3	supra	supra	PROPN
cjal-3180	267	4	note	note	PROPN
cjal-3180	267	5	66	66	NUM
cjal-3180	267	6	,	,	PUNCT
cjal-3180	267	7	at	at	ADP
cjal-3180	267	8	28	28	NUM
cjal-3180	267	9	.	.	PUNCT
cjal-3180	267	10	86	86	NUM
cjal-3180	267	11	.	.	PUNCT
cjal-3180	268	1	i	i	PRON
cjal-3180	268	2	d.	d.	PROPN
cjal-3180	268	3	87	87	NUM
cjal-3180	268	4	.	.	PUNCT
cjal-3180	269	1	see	see	VERB
cjal-3180	269	2	ghai	ghai	PROPN
cjal-3180	269	3	,	,	PUNCT
cjal-3180	269	4	supra	supra	PROPN
cjal-3180	269	5	note	note	PROPN
cjal-3180	269	6	63	63	NUM
cjal-3180	269	7	,	,	PUNCT
cjal-3180	269	8	at	at	ADP
cjal-3180	269	9	359	359	NUM
cjal-3180	269	10	(	(	PUNCT
cjal-3180	269	11	suggesting	suggest	VERB
cjal-3180	269	12	that	that	SCONJ
cjal-3180	269	13	"	"	PUNCT
cjal-3180	269	14	the	the	DET
cjal-3180	269	15	common	common	ADJ
cjal-3180	269	16	law	law	NOUN
cjal-3180	269	17	has	have	AUX
cjal-3180	269	18	not	not	PART
cjal-3180	269	19	been	be	AUX
cjal-3180	269	20	particularly	particularly	ADV
cjal-3180	269	21	relevant	relevant	ADJ
cjal-3180	269	22	to	to	ADP
cjal-3180	269	23	the	the	DET
cjal-3180	269	24	development	development	NOUN
cjal-3180	269	25	or	or	CCONJ
cjal-3180	269	26	the	the	DET
cjal-3180	269	27	operation	operation	NOUN
cjal-3180	269	28	of	of	ADP
cjal-3180	269	29	the	the	DET
cjal-3180	269	30	market	market	NOUN
cjal-3180	269	31	in	in	ADP
cjal-3180	269	32	hong	hong	PROPN
cjal-3180	269	33	kong	kong	PROPN
cjal-3180	269	34	"	"	PUNCT
cjal-3180	269	35	)	)	PUNCT
cjal-3180	269	36	.	.	PUNCT
cjal-3180	270	1	1998	1998	NUM
cjal-3180	270	2	]	]	PUNCT
cjal-3180	270	3	columbia	columbia	PROPN
cjal-3180	270	4	journal	journal	PROPN
cjal-3180	270	5	of	of	ADP
cjal-3180	270	6	asian	asian	ADJ
cjal-3180	270	7	law	law	NOUN
cjal-3180	270	8	affect	affect	VERB
cjal-3180	270	9	the	the	DET
cjal-3180	270	10	completion	completion	NOUN
cjal-3180	270	11	of	of	ADP
cjal-3180	270	12	mergers	merger	NOUN
cjal-3180	270	13	and	and	CCONJ
cjal-3180	270	14	acquisitions	acquisition	NOUN
cjal-3180	270	15	.	.	PUNCT
cjal-3180	271	1	for	for	ADP
cjal-3180	271	2	instance	instance	NOUN
cjal-3180	271	3	,	,	PUNCT
cjal-3180	271	4	provisions	provision	NOUN
cjal-3180	271	5	of	of	ADP
cjal-3180	271	6	the	the	DET
cjal-3180	271	7	basic	basic	ADJ
cjal-3180	271	8	law	law	NOUN
cjal-3180	271	9	allow	allow	VERB
cjal-3180	271	10	judges	judge	NOUN
cjal-3180	271	11	to	to	PART
cjal-3180	271	12	be	be	AUX
cjal-3180	271	13	removed	remove	VERB
cjal-3180	271	14	for	for	ADP
cjal-3180	271	15	a	a	DET
cjal-3180	271	16	variety	variety	NOUN
cjal-3180	271	17	of	of	ADP
cjal-3180	271	18	reasons	reason	NOUN
cjal-3180	271	19	,	,	PUNCT
cjal-3180	271	20	suggesting	suggest	VERB
cjal-3180	271	21	that	that	SCONJ
cjal-3180	271	22	"	"	PUNCT
cjal-3180	271	23	judges	judge	NOUN
cjal-3180	271	24	who	who	PRON
cjal-3180	271	25	want	want	VERB
cjal-3180	271	26	to	to	PART
cjal-3180	271	27	keep	keep	VERB
cjal-3180	271	28	their	their	PRON
cjal-3180	271	29	seats	seat	NOUN
cjal-3180	271	30	will	will	AUX
cjal-3180	271	31	be	be	AUX
cjal-3180	271	32	under	under	ADP
cjal-3180	271	33	tremendous	tremendous	ADJ
cjal-3180	271	34	pressure	pressure	NOUN
cjal-3180	271	35	to	to	PART
cjal-3180	271	36	find	find	VERB
cjal-3180	271	37	in	in	ADP
cjal-3180	271	38	favor	favor	NOUN
cjal-3180	271	39	of	of	ADP
cjal-3180	271	40	the	the	DET
cjal-3180	271	41	chinese	chinese	ADJ
cjal-3180	271	42	government	government	NOUN
cjal-3180	271	43	on	on	ADP
cjal-3180	271	44	major	major	ADJ
cjal-3180	271	45	cases	case	NOUN
cjal-3180	271	46	,	,	PUNCT
cjal-3180	271	47	or	or	CCONJ
cjal-3180	271	48	those	those	PRON
cjal-3180	271	49	in	in	ADP
cjal-3180	271	50	which	which	PRON
cjal-3180	271	51	a	a	DET
cjal-3180	271	52	lot	lot	NOUN
cjal-3180	271	53	of	of	ADP
cjal-3180	271	54	money	money	NOUN
cjal-3180	271	55	is	be	AUX
cjal-3180	271	56	at	at	ADP
cjal-3180	271	57	stake	stake	NOUN
cjal-3180	271	58	.	.	PUNCT
cjal-3180	272	1	,8	,8	PUNCT
cjal-3180	272	2	8	8	NUM
cjal-3180	272	3	merger	merger	NOUN
cjal-3180	272	4	and	and	CCONJ
cjal-3180	272	5	acquisition	acquisition	NOUN
cjal-3180	272	6	transactions	transaction	NOUN
cjal-3180	272	7	often	often	ADV
cjal-3180	272	8	meet	meet	VERB
cjal-3180	272	9	both	both	DET
cjal-3180	272	10	criteria	criterion	NOUN
cjal-3180	272	11	.	.	PUNCT
cjal-3180	273	1	an	an	DET
cjal-3180	273	2	inability	inability	NOUN
cjal-3180	273	3	to	to	PART
cjal-3180	273	4	rely	rely	VERB
cjal-3180	273	5	on	on	ADP
cjal-3180	273	6	the	the	DET
cjal-3180	273	7	enforcement	enforcement	NOUN
cjal-3180	273	8	of	of	ADP
cjal-3180	273	9	legal	legal	ADJ
cjal-3180	273	10	agreements	agreement	NOUN
cjal-3180	273	11	could	could	AUX
cjal-3180	273	12	affect	affect	VERB
cjal-3180	273	13	merger	merger	NOUN
cjal-3180	273	14	and	and	CCONJ
cjal-3180	273	15	acquisition	acquisition	NOUN
cjal-3180	273	16	tactics	tactic	NOUN
cjal-3180	273	17	in	in	ADP
cjal-3180	273	18	several	several	ADJ
cjal-3180	273	19	ways	way	NOUN
cjal-3180	273	20	,	,	PUNCT
cjal-3180	273	21	mostly	mostly	ADV
cjal-3180	273	22	by	by	ADP
cjal-3180	273	23	limiting	limit	VERB
cjal-3180	273	24	the	the	DET
cjal-3180	273	25	effectiveness	effectiveness	NOUN
cjal-3180	273	26	of	of	ADP
cjal-3180	273	27	defensive	defensive	ADJ
cjal-3180	273	28	tactics	tactic	NOUN
cjal-3180	273	29	that	that	PRON
cjal-3180	273	30	largely	largely	ADV
cjal-3180	273	31	rely	rely	VERB
cjal-3180	273	32	on	on	ADP
cjal-3180	273	33	judicial	judicial	ADJ
cjal-3180	273	34	enforcement	enforcement	NOUN
cjal-3180	273	35	of	of	ADP
cjal-3180	273	36	the	the	DET
cjal-3180	273	37	code	code	NOUN
cjal-3180	273	38	's	's	PART
cjal-3180	273	39	provisions	provision	NOUN
cjal-3180	273	40	.	.	PUNCT
cjal-3180	274	1	provisions	provision	NOUN
cjal-3180	274	2	in	in	ADP
cjal-3180	274	3	bylaws	bylaw	NOUN
cjal-3180	274	4	that	that	PRON
cjal-3180	274	5	require	require	VERB
cjal-3180	274	6	super	super	ADJ
cjal-3180	274	7	-	-	NOUN
cjal-3180	274	8	majorities	majority	NOUN
cjal-3180	274	9	or	or	CCONJ
cjal-3180	274	10	a	a	DET
cjal-3180	274	11	majority	majority	NOUN
cjal-3180	274	12	of	of	ADP
cjal-3180	274	13	shares	share	NOUN
cjal-3180	274	14	other	other	ADJ
cjal-3180	274	15	than	than	ADP
cjal-3180	274	16	those	those	PRON
cjal-3180	274	17	owned	own	VERB
cjal-3180	274	18	by	by	ADP
cjal-3180	274	19	the	the	DET
cjal-3180	274	20	acquirer	acquirer	NOUN
cjal-3180	274	21	for	for	ADP
cjal-3180	274	22	shareholder	shareholder	NOUN
cjal-3180	274	23	approval	approval	NOUN
cjal-3180	274	24	of	of	ADP
cjal-3180	274	25	certain	certain	ADJ
cjal-3180	274	26	actions	action	NOUN
cjal-3180	274	27	(	(	PUNCT
cjal-3180	274	28	typically	typically	ADV
cjal-3180	274	29	mergers	merger	NOUN
cjal-3180	274	30	,	,	PUNCT
cjal-3180	274	31	buyouts	buyout	NOUN
cjal-3180	274	32	,	,	PUNCT
cjal-3180	274	33	or	or	CCONJ
cjal-3180	274	34	sale	sale	NOUN
cjal-3180	274	35	of	of	ADP
cjal-3180	274	36	substantially	substantially	ADV
cjal-3180	274	37	all	all	PRON
cjal-3180	274	38	of	of	ADP
cjal-3180	274	39	a	a	DET
cjal-3180	274	40	firm	firm	NOUN
cjal-3180	274	41	's	's	PART
cjal-3180	274	42	assets	asset	NOUN
cjal-3180	274	43	)	)	PUNCT
cjal-3180	274	44	could	could	AUX
cjal-3180	274	45	be	be	AUX
cjal-3180	274	46	vulnerable	vulnerable	ADJ
cjal-3180	274	47	.	.	PUNCT
cjal-3180	275	1	for	for	ADP
cjal-3180	275	2	example	example	NOUN
cjal-3180	275	3	,	,	PUNCT
cjal-3180	275	4	given	give	VERB
cjal-3180	275	5	the	the	DET
cjal-3180	275	6	autocratic	autocratic	ADJ
cjal-3180	275	7	ways	way	NOUN
cjal-3180	275	8	in	in	ADP
cjal-3180	275	9	which	which	PRON
cjal-3180	275	10	many	many	ADJ
cjal-3180	275	11	of	of	ADP
cjal-3180	275	12	the	the	DET
cjal-3180	275	13	region	region	NOUN
cjal-3180	275	14	's	's	PART
cjal-3180	275	15	firms	firm	NOUN
cjal-3180	275	16	are	be	AUX
cjal-3180	275	17	run	run	VERB
cjal-3180	275	18	,	,	PUNCT
cjal-3180	275	19	conflict	conflict	NOUN
cjal-3180	275	20	could	could	AUX
cjal-3180	275	21	arise	arise	VERB
cjal-3180	275	22	if	if	SCONJ
cjal-3180	275	23	a	a	DET
cjal-3180	275	24	prc	prc	PROPN
cjal-3180	275	25	firm	firm	NOUN
cjal-3180	275	26	purchased	purchase	VERB
cjal-3180	275	27	what	what	PRON
cjal-3180	275	28	it	it	PRON
cjal-3180	275	29	believed	believe	VERB
cjal-3180	275	30	to	to	PART
cjal-3180	275	31	be	be	AUX
cjal-3180	275	32	a	a	DET
cjal-3180	275	33	controlling	controlling	NOUN
cjal-3180	275	34	or	or	CCONJ
cjal-3180	275	35	majority	majority	NOUN
cjal-3180	275	36	interest	interest	NOUN
cjal-3180	275	37	in	in	ADP
cjal-3180	275	38	a	a	DET
cjal-3180	275	39	hong	hong	PROPN
cjal-3180	275	40	kong	kong	PROPN
cjal-3180	275	41	firm	firm	NOUN
cjal-3180	275	42	only	only	ADV
cjal-3180	275	43	to	to	PART
cjal-3180	275	44	find	find	VERB
cjal-3180	275	45	that	that	SCONJ
cjal-3180	275	46	its	its	PRON
cjal-3180	275	47	intended	intended	ADJ
cjal-3180	275	48	merger	merger	NOUN
cjal-3180	275	49	was	be	AUX
cjal-3180	275	50	blocked	block	VERB
cjal-3180	275	51	by	by	ADP
cjal-3180	275	52	recalcitrant	recalcitrant	ADJ
cjal-3180	275	53	shareholders	shareholder	NOUN
cjal-3180	275	54	and	and	CCONJ
cjal-3180	275	55	the	the	DET
cjal-3180	275	56	above	above	ADJ
cjal-3180	275	57	bylaws	bylaw	NOUN
cjal-3180	275	58	or	or	CCONJ
cjal-3180	275	59	charter	charter	NOUN
cjal-3180	275	60	provisions.89	provisions.89	NOUN
cjal-3180	275	61	similarly	similarly	ADV
cjal-3180	275	62	,	,	PUNCT
cjal-3180	275	63	provisions	provision	NOUN
cjal-3180	275	64	implementing	implement	VERB
cjal-3180	275	65	a	a	DET
cjal-3180	275	66	staggered	staggered	ADJ
cjal-3180	275	67	board	board	NOUN
cjal-3180	275	68	of	of	ADP
cjal-3180	275	69	directors	director	NOUN
cjal-3180	275	70	could	could	AUX
cjal-3180	275	71	be	be	AUX
cjal-3180	275	72	an	an	DET
cjal-3180	275	73	issue	issue	NOUN
cjal-3180	275	74	,	,	PUNCT
cjal-3180	275	75	since	since	SCONJ
cjal-3180	275	76	these	these	DET
cjal-3180	275	77	provisions	provision	NOUN
cjal-3180	275	78	can	can	AUX
cjal-3180	275	79	delay	delay	VERB
cjal-3180	275	80	the	the	DET
cjal-3180	275	81	exercise	exercise	NOUN
cjal-3180	275	82	of	of	ADP
cjal-3180	275	83	control	control	NOUN
cjal-3180	275	84	by	by	ADP
cjal-3180	275	85	an	an	DET
cjal-3180	275	86	acquirer	acquirer	NOUN
cjal-3180	275	87	for	for	ADP
cjal-3180	275	88	two	two	NUM
cjal-3180	275	89	or	or	CCONJ
cjal-3180	275	90	more	more	ADJ
cjal-3180	275	91	years	year	NOUN
cjal-3180	275	92	.	.	PUNCT
cjal-3180	276	1	in	in	ADP
cjal-3180	276	2	the	the	DET
cjal-3180	276	3	case	case	NOUN
cjal-3180	276	4	of	of	ADP
cjal-3180	276	5	other	other	ADJ
cjal-3180	276	6	controversial	controversial	ADJ
cjal-3180	276	7	defensive	defensive	ADJ
cjal-3180	276	8	tactics	tactic	NOUN
cjal-3180	276	9	,	,	PUNCT
cjal-3180	276	10	such	such	ADJ
cjal-3180	276	11	as	as	ADP
cjal-3180	276	12	breakup	breakup	ADJ
cjal-3180	276	13	fees	fee	NOUN
cjal-3180	276	14	,	,	PUNCT
cjal-3180	276	15	poison	poison	NOUN
cjal-3180	276	16	pills	pill	NOUN
cjal-3180	276	17	,	,	PUNCT
cjal-3180	276	18	and	and	CCONJ
cjal-3180	276	19	asset	asset	NOUN
cjal-3180	276	20	lockups	lockup	NOUN
cjal-3180	276	21	,	,	PUNCT
cjal-3180	276	22	it	it	PRON
cjal-3180	276	23	could	could	AUX
cjal-3180	276	24	be	be	AUX
cjal-3180	276	25	even	even	ADV
cjal-3180	276	26	easier	easy	ADJ
cjal-3180	276	27	for	for	ADP
cjal-3180	276	28	judges	judge	NOUN
cjal-3180	276	29	under	under	ADP
cjal-3180	276	30	pressure	pressure	NOUN
cjal-3180	276	31	to	to	PART
cjal-3180	276	32	find	find	VERB
cjal-3180	276	33	ways	way	NOUN
cjal-3180	276	34	to	to	PART
cjal-3180	276	35	avoid	avoid	VERB
cjal-3180	276	36	enforcing	enforce	VERB
cjal-3180	276	37	them	they	PRON
cjal-3180	276	38	.	.	PUNCT
cjal-3180	277	1	2	2	X
cjal-3180	277	2	.	.	X
cjal-3180	277	3	inefficient	inefficient	ADJ
cjal-3180	277	4	regulation	regulation	NOUN
cjal-3180	277	5	apart	apart	ADV
cjal-3180	277	6	from	from	ADP
cjal-3180	277	7	corruption	corruption	NOUN
cjal-3180	277	8	,	,	PUNCT
cjal-3180	277	9	future	future	ADJ
cjal-3180	277	10	political	political	ADJ
cjal-3180	277	11	interference	interference	NOUN
cjal-3180	277	12	with	with	ADP
cjal-3180	277	13	hong	hong	PROPN
cjal-3180	277	14	kong	kong	PROPN
cjal-3180	277	15	mergers	merger	NOUN
cjal-3180	277	16	and	and	CCONJ
cjal-3180	277	17	acquisitions	acquisition	NOUN
cjal-3180	277	18	regulation	regulation	NOUN
cjal-3180	277	19	could	could	AUX
cjal-3180	277	20	result	result	VERB
cjal-3180	277	21	in	in	ADP
cjal-3180	277	22	decreased	decrease	VERB
cjal-3180	277	23	efficiency	efficiency	NOUN
cjal-3180	277	24	because	because	SCONJ
cjal-3180	277	25	of	of	ADP
cjal-3180	277	26	over	over	ADP
cjal-3180	277	27	-	-	PUNCT
cjal-3180	277	28	regulation	regulation	NOUN
cjal-3180	277	29	and	and	CCONJ
cjal-3180	277	30	the	the	DET
cjal-3180	277	31	use	use	NOUN
cjal-3180	277	32	of	of	ADP
cjal-3180	277	33	regulations	regulation	NOUN
cjal-3180	277	34	that	that	PRON
cjal-3180	277	35	are	be	AUX
cjal-3180	277	36	incompatible	incompatible	ADJ
cjal-3180	277	37	with	with	ADP
cjal-3180	277	38	those	those	PRON
cjal-3180	277	39	of	of	ADP
cjal-3180	277	40	other	other	ADJ
cjal-3180	277	41	countries	country	NOUN
cjal-3180	277	42	.	.	PUNCT
cjal-3180	278	1	this	this	PRON
cjal-3180	278	2	is	be	AUX
cjal-3180	278	3	not	not	PART
cjal-3180	278	4	a	a	DET
cjal-3180	278	5	new	new	ADJ
cjal-3180	278	6	problem	problem	NOUN
cjal-3180	278	7	;	;	PUNCT
cjal-3180	278	8	it	it	PRON
cjal-3180	278	9	has	have	AUX
cjal-3180	278	10	long	long	ADV
cjal-3180	278	11	been	be	AUX
cjal-3180	278	12	observed	observe	VERB
cjal-3180	278	13	that	that	SCONJ
cjal-3180	278	14	"	"	PUNCT
cjal-3180	278	15	acquirers	acquirer	NOUN
cjal-3180	278	16	moving	move	VERB
cjal-3180	278	17	beyond	beyond	ADP
cjal-3180	278	18	their	their	PRON
cjal-3180	278	19	borders	border	NOUN
cjal-3180	278	20	into	into	ADP
cjal-3180	278	21	other	other	ADJ
cjal-3180	278	22	countries	country	NOUN
cjal-3180	278	23	often	often	ADV
cjal-3180	278	24	run	run	VERB
cjal-3180	278	25	into	into	ADP
cjal-3180	278	26	regulatory	regulatory	ADJ
cjal-3180	278	27	systems	system	NOUN
cjal-3180	278	28	for	for	ADP
cjal-3180	278	29	acquisitions	acquisition	NOUN
cjal-3180	278	30	,	,	PUNCT
cjal-3180	278	31	generally	generally	ADV
cjal-3180	278	32	,	,	PUNCT
cjal-3180	278	33	as	as	ADV
cjal-3180	278	34	well	well	ADV
cjal-3180	278	35	as	as	ADP
cjal-3180	278	36	for	for	ADP
cjal-3180	278	37	transactions	transaction	NOUN
cjal-3180	278	38	in	in	ADP
cjal-3180	278	39	regulated	regulated	ADJ
cjal-3180	278	40	industries	industry	NOUN
cjal-3180	278	41	that	that	PRON
cjal-3180	278	42	not	not	PART
cjal-3180	278	43	only	only	ADV
cjal-3180	278	44	differ	differ	VERB
cjal-3180	278	45	but	but	CCONJ
cjal-3180	278	46	conflict	conflict	NOUN
cjal-3180	278	47	with	with	ADP
cjal-3180	278	48	the	the	DET
cjal-3180	278	49	requirements	requirement	NOUN
cjal-3180	278	50	in	in	ADP
cjal-3180	278	51	their	their	PRON
cjal-3180	278	52	home	home	NOUN
cjal-3180	278	53	lands	land	NOUN
cjal-3180	278	54	...	...	PUNCT
cjal-3180	279	1	[	[	X
cjal-3180	279	2	i]n	i]n	NOUN
cjal-3180	279	3	short	short	ADJ
cjal-3180	279	4	,	,	PUNCT
cjal-3180	279	5	what	what	PRON
cjal-3180	279	6	is	be	AUX
cjal-3180	279	7	allowed	allow	VERB
cjal-3180	279	8	in	in	ADP
cjal-3180	279	9	one	one	NUM
cjal-3180	279	10	88	88	NUM
cjal-3180	279	11	.	.	PUNCT
cjal-3180	280	1	lee	lee	PROPN
cjal-3180	280	2	,	,	PUNCT
cjal-3180	280	3	supra	supra	PROPN
cjal-3180	280	4	note	note	PROPN
cjal-3180	280	5	66	66	NUM
cjal-3180	280	6	,	,	PUNCT
cjal-3180	280	7	at	at	ADP
cjal-3180	280	8	28	28	NUM
cjal-3180	280	9	.	.	PUNCT
cjal-3180	280	10	89	89	NUM
cjal-3180	280	11	.	.	PUNCT
cjal-3180	281	1	interestingly	interestingly	ADV
cjal-3180	281	2	,	,	PUNCT
cjal-3180	281	3	provisions	provision	NOUN
cjal-3180	281	4	in	in	ADP
cjal-3180	281	5	the	the	DET
cjal-3180	281	6	code	code	NOUN
cjal-3180	281	7	dealing	deal	VERB
cjal-3180	281	8	with	with	ADP
cjal-3180	281	9	similar	similar	ADJ
cjal-3180	281	10	issues	issue	NOUN
cjal-3180	281	11	(	(	PUNCT
cjal-3180	281	12	those	those	PRON
cjal-3180	281	13	requiring	require	VERB
cjal-3180	281	14	ninety	ninety	NUM
cjal-3180	281	15	percent	percent	NOUN
cjal-3180	281	16	shareholder	shareholder	NOUN
cjal-3180	281	17	approval	approval	NOUN
cjal-3180	281	18	for	for	ADP
cjal-3180	281	19	attempts	attempt	NOUN
cjal-3180	281	20	to	to	PART
cjal-3180	281	21	take	take	VERB
cjal-3180	281	22	a	a	DET
cjal-3180	281	23	public	public	ADJ
cjal-3180	281	24	company	company	NOUN
cjal-3180	281	25	private	private	ADJ
cjal-3180	281	26	)	)	PUNCT
cjal-3180	281	27	have	have	AUX
cjal-3180	281	28	already	already	ADV
cjal-3180	281	29	been	be	AUX
cjal-3180	281	30	selected	select	VERB
cjal-3180	281	31	for	for	ADP
cjal-3180	281	32	review	review	NOUN
cjal-3180	281	33	by	by	ADP
cjal-3180	281	34	the	the	DET
cjal-3180	281	35	commission	commission	NOUN
cjal-3180	281	36	,	,	PUNCT
cjal-3180	281	37	and	and	CCONJ
cjal-3180	281	38	the	the	DET
cjal-3180	281	39	proposals	proposal	NOUN
cjal-3180	281	40	thus	thus	ADV
cjal-3180	281	41	far	far	ADV
cjal-3180	281	42	advanced	advance	VERB
cjal-3180	281	43	have	have	AUX
cjal-3180	281	44	aimed	aim	VERB
cjal-3180	281	45	at	at	ADP
cjal-3180	281	46	reducing	reduce	VERB
cjal-3180	281	47	the	the	DET
cjal-3180	281	48	required	require	VERB
cjal-3180	281	49	approval	approval	NOUN
cjal-3180	281	50	percentage	percentage	NOUN
cjal-3180	281	51	or	or	CCONJ
cjal-3180	281	52	limiting	limit	VERB
cjal-3180	281	53	its	its	PRON
cjal-3180	281	54	applicability	applicability	NOUN
cjal-3180	281	55	.	.	PUNCT
cjal-3180	282	1	see	see	VERB
cjal-3180	282	2	yiu	yiu	NOUN
cjal-3180	282	3	,	,	PUNCT
cjal-3180	282	4	supra	supra	NOUN
cjal-3180	282	5	note	note	NOUN
cjal-3180	282	6	9	9	NUM
cjal-3180	282	7	.	.	PUNCT
cjal-3180	283	1	[	[	X
cjal-3180	283	2	12:1	12:1	NUM
cjal-3180	283	3	m	m	PROPN
cjal-3180	283	4	&	&	CCONJ
cjal-3180	283	5	a	a	DET
cjal-3180	283	6	regulations	regulation	NOUN
cjal-3180	283	7	in	in	ADP
cjal-3180	283	8	hong	hong	PROPN
cjal-3180	283	9	kong	kong	PROPN
cjal-3180	283	10	jurisdiction	jurisdiction	NOUN
cjal-3180	283	11	may	may	AUX
cjal-3180	283	12	be	be	AUX
cjal-3180	283	13	forbidden	forbid	VERB
cjal-3180	283	14	in	in	ADP
cjal-3180	283	15	another	another	PRON
cjal-3180	283	16	.	.	PUNCT
cjal-3180	284	1	"90	"90	PUNCT
cjal-3180	284	2	in	in	ADP
cjal-3180	284	3	the	the	DET
cjal-3180	284	4	past	past	NOUN
cjal-3180	284	5	,	,	PUNCT
cjal-3180	284	6	hong	hong	PROPN
cjal-3180	284	7	kong	kong	PROPN
cjal-3180	284	8	's	's	PART
cjal-3180	284	9	permissive	permissive	ADJ
cjal-3180	284	10	takeover	takeover	NOUN
cjal-3180	284	11	regulations	regulation	NOUN
cjal-3180	284	12	have	have	AUX
cjal-3180	284	13	generally	generally	ADV
cjal-3180	284	14	minimized	minimize	VERB
cjal-3180	284	15	such	such	ADJ
cjal-3180	284	16	problems	problem	NOUN
cjal-3180	284	17	.	.	PUNCT
cjal-3180	285	1	the	the	DET
cjal-3180	285	2	prc	prc	PROPN
cjal-3180	285	3	however	however	ADV
cjal-3180	285	4	,	,	PUNCT
cjal-3180	285	5	regulates	regulate	VERB
cjal-3180	285	6	takeovers	takeover	NOUN
cjal-3180	285	7	far	far	ADV
cjal-3180	285	8	more	more	ADV
cjal-3180	285	9	extensively	extensively	ADV
cjal-3180	285	10	than	than	ADP
cjal-3180	285	11	hong	hong	PROPN
cjal-3180	285	12	kong	kong	PROPN
cjal-3180	285	13	;	;	PUNCT
cjal-3180	285	14	yet	yet	CCONJ
cjal-3180	285	15	it	it	PRON
cjal-3180	285	16	still	still	ADV
cjal-3180	285	17	lacks	lack	VERB
cjal-3180	285	18	substantial	substantial	ADJ
cjal-3180	285	19	experience	experience	NOUN
cjal-3180	285	20	with	with	ADP
cjal-3180	285	21	mergers	merger	NOUN
cjal-3180	285	22	and	and	CCONJ
cjal-3180	285	23	acquisitions.9	acquisitions.9	NOUN
cjal-3180	285	24	'	'	PART
cjal-3180	285	25	thus	thus	ADV
cjal-3180	285	26	inefficiency	inefficiency	NOUN
cjal-3180	285	27	is	be	AUX
cjal-3180	285	28	possible	possible	ADJ
cjal-3180	285	29	,	,	PUNCT
cjal-3180	285	30	especially	especially	ADV
cjal-3180	285	31	when	when	SCONJ
cjal-3180	285	32	prc	prc	PROPN
cjal-3180	285	33	firms	firm	NOUN
cjal-3180	285	34	are	be	AUX
cjal-3180	285	35	involved	involve	VERB
cjal-3180	285	36	in	in	ADP
cjal-3180	285	37	the	the	DET
cjal-3180	285	38	transactions	transaction	NOUN
cjal-3180	285	39	,	,	PUNCT
cjal-3180	285	40	to	to	ADP
cjal-3180	285	41	the	the	DET
cjal-3180	285	42	extent	extent	NOUN
cjal-3180	285	43	that	that	SCONJ
cjal-3180	285	44	less	less	ADV
cjal-3180	285	45	experienced	experienced	ADJ
cjal-3180	285	46	and/or	and/or	CCONJ
cjal-3180	285	47	politically	politically	ADV
cjal-3180	285	48	motivatedprc	motivatedprc	ADJ
cjal-3180	285	49	officials	official	NOUN
cjal-3180	285	50	manage	manage	VERB
cjal-3180	285	51	to	to	PART
cjal-3180	285	52	directly	directly	ADV
cjal-3180	285	53	or	or	CCONJ
cjal-3180	285	54	indirectly	indirectly	ADV
cjal-3180	285	55	involve	involve	VERB
cjal-3180	285	56	themselves	themselves	PRON
cjal-3180	285	57	in	in	ADP
cjal-3180	285	58	hong	hong	PROPN
cjal-3180	285	59	kong	kong	PROPN
cjal-3180	285	60	merger	merger	PROPN
cjal-3180	285	61	regulation	regulation	NOUN
cjal-3180	285	62	.	.	PUNCT
cjal-3180	286	1	92	92	NUM
cjal-3180	286	2	concern	concern	NOUN
cjal-3180	286	3	about	about	ADP
cjal-3180	286	4	takeovers	takeover	NOUN
cjal-3180	286	5	in	in	ADP
cjal-3180	286	6	the	the	DET
cjal-3180	286	7	prc	prc	PROPN
cjal-3180	286	8	is	be	AUX
cjal-3180	286	9	understandable	understandable	ADJ
cjal-3180	286	10	and	and	CCONJ
cjal-3180	286	11	has	have	AUX
cjal-3180	286	12	largely	largely	ADV
cjal-3180	286	13	revolved	revolve	VERB
cjal-3180	286	14	around	around	ADP
cjal-3180	286	15	"	"	PUNCT
cjal-3180	286	16	beijing	beijing	PROPN
cjal-3180	286	17	's	's	PART
cjal-3180	286	18	fears	fear	NOUN
cjal-3180	286	19	that	that	SCONJ
cjal-3180	286	20	state	state	NOUN
cjal-3180	286	21	assets	asset	NOUN
cjal-3180	286	22	were	be	AUX
cjal-3180	286	23	leaking	leak	VERB
cjal-3180	286	24	away	away	ADV
cjal-3180	286	25	to	to	ADP
cjal-3180	286	26	foreign	foreign	ADJ
cjal-3180	286	27	investors	investor	NOUN
cjal-3180	286	28	.	.	PUNCT
cjal-3180	287	1	"93	"93	PROPN
cjal-3180	287	2	such	such	ADJ
cjal-3180	287	3	fears	fear	NOUN
cjal-3180	287	4	could	could	AUX
cjal-3180	287	5	easily	easily	ADV
cjal-3180	287	6	expand	expand	VERB
cjal-3180	287	7	to	to	PART
cjal-3180	287	8	include	include	VERB
cjal-3180	287	9	hong	hong	PROPN
cjal-3180	287	10	kong	kong	PROPN
cjal-3180	287	11	inasmuch	inasmuch	ADJ
cjal-3180	287	12	as	as	SCONJ
cjal-3180	287	13	at	at	ADP
cjal-3180	287	14	least	least	ADV
cjal-3180	287	15	one	one	NUM
cjal-3180	287	16	study	study	NOUN
cjal-3180	287	17	estimates	estimate	VERB
cjal-3180	287	18	that	that	SCONJ
cjal-3180	287	19	about	about	ADV
cjal-3180	287	20	hk$	hk$	SYM
cjal-3180	287	21	278.7	278.7	NUM
cjal-3180	287	22	million	million	NUM
cjal-3180	287	23	is	be	AUX
cjal-3180	287	24	lost	lose	VERB
cjal-3180	287	25	daily	daily	ADV
cjal-3180	287	26	"	"	PUNCT
cjal-3180	287	27	through	through	ADP
cjal-3180	287	28	asset	asset	NOUN
cjal-3180	287	29	restructuring	restructuring	NOUN
cjal-3180	287	30	that	that	PRON
cjal-3180	287	31	involves	involve	VERB
cjal-3180	287	32	foreign	foreign	ADJ
cjal-3180	287	33	-	-	PUNCT
cjal-3180	287	34	funded	fund	VERB
cjal-3180	287	35	companies	company	NOUN
cjal-3180	287	36	.	.	PUNCT
cjal-3180	288	1	"94	"94	ADV
cjal-3180	288	2	as	as	SCONJ
cjal-3180	288	3	prc	prc	PROPN
cjal-3180	288	4	firms	firm	NOUN
cjal-3180	288	5	operate	operate	VERB
cjal-3180	288	6	in	in	ADP
cjal-3180	288	7	hong	hong	PROPN
cjal-3180	288	8	kong	kong	PROPN
cjal-3180	288	9	and	and	CCONJ
cjal-3180	288	10	become	become	VERB
cjal-3180	288	11	exposed	expose	VERB
cjal-3180	288	12	to	to	ADP
cjal-3180	288	13	takeover	takeover	NOUN
cjal-3180	288	14	activity	activity	NOUN
cjal-3180	288	15	there	there	ADV
cjal-3180	288	16	,	,	PUNCT
cjal-3180	288	17	beijing	beijing	PROPN
cjal-3180	288	18	may	may	AUX
cjal-3180	288	19	take	take	VERB
cjal-3180	288	20	a	a	DET
cjal-3180	288	21	special	special	ADJ
cjal-3180	288	22	interest	interest	NOUN
cjal-3180	288	23	in	in	ADP
cjal-3180	288	24	transactions	transaction	NOUN
cjal-3180	288	25	targeting	target	VERB
cjal-3180	288	26	these	these	DET
cjal-3180	288	27	firms	firm	NOUN
cjal-3180	288	28	.	.	PUNCT
cjal-3180	289	1	although	although	SCONJ
cjal-3180	289	2	its	its	PRON
cjal-3180	289	3	ability	ability	NOUN
cjal-3180	289	4	to	to	PART
cjal-3180	289	5	directly	directly	ADV
cjal-3180	289	6	affect	affect	VERB
cjal-3180	289	7	transactions	transaction	NOUN
cjal-3180	289	8	remains	remain	VERB
cjal-3180	289	9	limited	limited	ADJ
cjal-3180	289	10	,	,	PUNCT
cjal-3180	289	11	provisions	provision	NOUN
cjal-3180	289	12	of	of	ADP
cjal-3180	289	13	the	the	DET
cjal-3180	289	14	basic	basic	ADJ
cjal-3180	289	15	law	law	NOUN
cjal-3180	289	16	allowing	allow	VERB
cjal-3180	289	17	theprc	theprc	NOUN
cjal-3180	289	18	to	to	PART
cjal-3180	289	19	intervene	intervene	VERB
cjal-3180	289	20	in	in	ADP
cjal-3180	289	21	situations	situation	NOUN
cjal-3180	289	22	involving	involve	VERB
cjal-3180	289	23	issues	issue	NOUN
cjal-3180	289	24	of	of	ADP
cjal-3180	289	25	national	national	ADJ
cjal-3180	289	26	security	security	NOUN
cjal-3180	289	27	are	be	AUX
cjal-3180	289	28	ominous	ominous	ADJ
cjal-3180	289	29	in	in	ADP
cjal-3180	289	30	this	this	DET
cjal-3180	289	31	regard.95	regard.95	NOUN
cjal-3180	289	32	for	for	ADP
cjal-3180	289	33	instance	instance	NOUN
cjal-3180	289	34	,	,	PUNCT
cjal-3180	289	35	the	the	DET
cjal-3180	289	36	prc	prc	PROPN
cjal-3180	289	37	could	could	AUX
cjal-3180	289	38	assert	assert	VERB
cjal-3180	289	39	that	that	SCONJ
cjal-3180	289	40	foreign	foreign	ADJ
cjal-3180	289	41	takeovers	takeover	NOUN
cjal-3180	289	42	of	of	ADP
cjal-3180	289	43	certain	certain	ADJ
cjal-3180	289	44	prc	prc	PROPN
cjal-3180	289	45	firms	firm	NOUN
cjal-3180	289	46	affect	affect	VERB
cjal-3180	289	47	its	its	PRON
cjal-3180	289	48	national	national	ADJ
cjal-3180	289	49	security.96	security.96	NOUN
cjal-3180	289	50	such	such	ADJ
cjal-3180	289	51	claims	claim	NOUN
cjal-3180	289	52	would	would	AUX
cjal-3180	289	53	be	be	AUX
cjal-3180	289	54	especially	especially	ADV
cjal-3180	289	55	likely	likely	ADJ
cjal-3180	289	56	in	in	ADP
cjal-3180	289	57	the	the	DET
cjal-3180	289	58	case	case	NOUN
cjal-3180	289	59	of	of	ADP
cjal-3180	289	60	firms	firm	NOUN
cjal-3180	289	61	owned	own	VERB
cjal-3180	289	62	or	or	CCONJ
cjal-3180	289	63	operated	operate	VERB
cjal-3180	289	64	by	by	ADP
cjal-3180	289	65	the	the	DET
cjal-3180	289	66	peoples	people	NOUN
cjal-3180	289	67	'	'	PART
cjal-3180	289	68	liberation	liberation	NOUN
cjal-3180	289	69	army	army	NOUN
cjal-3180	289	70	or	or	CCONJ
cjal-3180	289	71	other	other	ADJ
cjal-3180	289	72	state	state	NOUN
cjal-3180	289	73	owned	own	VERB
cjal-3180	289	74	enterprises	enterprise	NOUN
cjal-3180	289	75	which	which	PRON
cjal-3180	289	76	the	the	DET
cjal-3180	289	77	prc	prc	PROPN
cjal-3180	289	78	might	might	AUX
cjal-3180	289	79	90	90	NUM
cjal-3180	289	80	.	.	PUNCT
cjal-3180	290	1	meredith	meredith	PROPN
cjal-3180	290	2	m.	m.	PROPN
cjal-3180	290	3	brown	brown	PROPN
cjal-3180	290	4	and	and	CCONJ
cjal-3180	290	5	simon	simon	PROPN
cjal-3180	290	6	maclachlan	maclachlan	PROPN
cjal-3180	290	7	,	,	PUNCT
cjal-3180	290	8	legal	legal	ADJ
cjal-3180	290	9	headaches	headache	NOUN
cjal-3180	290	10	for	for	ADP
cjal-3180	290	11	buyers	buyer	NOUN
cjal-3180	290	12	going	go	VERB
cjal-3180	290	13	into	into	ADP
cjal-3180	290	14	foreign	foreign	ADJ
cjal-3180	290	15	lands	land	NOUN
cjal-3180	290	16	,	,	PUNCT
cjal-3180	290	17	mergers	merger	NOUN
cjal-3180	290	18	&	&	CCONJ
cjal-3180	290	19	acquisiions	acquisiion	NOUN
cjal-3180	290	20	,	,	PUNCT
cjal-3180	290	21	mar.-apr	mar.-apr	PROPN
cjal-3180	290	22	..	..	X
cjal-3180	290	23	1991	1991	NUM
cjal-3180	290	24	,	,	PUNCT
cjal-3180	290	25	at	at	ADP
cjal-3180	290	26	57	57	NUM
cjal-3180	290	27	.	.	PUNCT
cjal-3180	290	28	91	91	NUM
cjal-3180	290	29	.	.	PUNCT
cjal-3180	291	1	joyce	joyce	PROPN
cjal-3180	291	2	barnathan	barnathan	PROPN
cjal-3180	291	3	,	,	PUNCT
cjal-3180	291	4	the	the	DET
cjal-3180	291	5	next	next	ADJ
cjal-3180	291	6	hotspotform&a	hotspotform&a	PROPN
cjal-3180	291	7	:	:	PUNCT
cjal-3180	291	8	shanghai	shanghai	PROPN
cjal-3180	291	9	,	,	PUNCT
cjal-3180	291	10	bus	bus	NOUN
cjal-3180	291	11	.	.	PUNCT
cjal-3180	292	1	wk	wk	INTJ
cjal-3180	292	2	.	.	PROPN
cjal-3180	292	3	,	,	PUNCT
cjal-3180	292	4	mar	mar	PROPN
cjal-3180	292	5	.	.	PROPN
cjal-3180	292	6	13,1995	13,1995	NUM
cjal-3180	292	7	.	.	PUNCT
cjal-3180	293	1	at	at	ADP
cjal-3180	293	2	56	56	NUM
cjal-3180	293	3	(	(	PUNCT
cjal-3180	293	4	noting	note	VERB
cjal-3180	293	5	that	that	SCONJ
cjal-3180	293	6	the	the	DET
cjal-3180	293	7	prc	prc	PROPN
cjal-3180	293	8	"	"	PUNCT
cjal-3180	293	9	has	have	VERB
cjal-3180	293	10	nothing	nothing	PRON
cjal-3180	293	11	that	that	PRON
cjal-3180	293	12	can	can	AUX
cjal-3180	293	13	be	be	AUX
cjal-3180	293	14	called	call	VERB
cjal-3180	293	15	an	an	DET
cjal-3180	293	16	m&a	m&a	PROPN
cjal-3180	293	17	market	market	NOUN
cjal-3180	293	18	...	...	PUNCT
cjal-3180	293	19	to	to	ADP
cjal-3180	293	20	date	date	NOUN
cjal-3180	293	21	,	,	PUNCT
cjal-3180	293	22	most	most	ADJ
cjal-3180	293	23	mergers	merger	NOUN
cjal-3180	293	24	have	have	AUX
cjal-3180	293	25	been	be	AUX
cjal-3180	293	26	forced	force	VERB
cjal-3180	293	27	by	by	ADP
cjal-3180	293	28	the	the	DET
cjal-3180	293	29	government	government	NOUN
cjal-3180	293	30	,	,	PUNCT
cjal-3180	293	31	which	which	PRON
cjal-3180	293	32	urges	urge	VERB
cjal-3180	293	33	a	a	DET
cjal-3180	293	34	strong	strong	ADJ
cjal-3180	293	35	company	company	NOUN
cjal-3180	293	36	to	to	PART
cjal-3180	293	37	take	take	VERB
cjal-3180	293	38	over	over	ADP
cjal-3180	293	39	a	a	DET
cjal-3180	293	40	faltering	faltering	ADJ
cjal-3180	293	41	one	one	NOUN
cjal-3180	293	42	"	"	PUNCT
cjal-3180	293	43	)	)	PUNCT
cjal-3180	293	44	.	.	PUNCT
cjal-3180	294	1	92	92	NUM
cjal-3180	294	2	.	.	PUNCT
cjal-3180	295	1	such	such	ADJ
cjal-3180	295	2	involvement	involvement	NOUN
cjal-3180	295	3	would	would	AUX
cjal-3180	295	4	also	also	ADV
cjal-3180	295	5	increase	increase	VERB
cjal-3180	295	6	the	the	DET
cjal-3180	295	7	possibilities	possibility	NOUN
cjal-3180	295	8	for	for	ADP
cjal-3180	295	9	corruption	corruption	NOUN
cjal-3180	295	10	.	.	PUNCT
cjal-3180	296	1	see	see	VERB
cjal-3180	296	2	vito	vito	PROPN
cjal-3180	296	3	tanzi	tanzi	PROPN
cjal-3180	296	4	,	,	PUNCT
cjal-3180	296	5	corruption	corruption	NOUN
cjal-3180	296	6	,	,	PUNCT
cjal-3180	296	7	governmental	governmental	ADJ
cjal-3180	296	8	activities	activity	NOUN
cjal-3180	296	9	,	,	PUNCT
cjal-3180	296	10	and	and	CCONJ
cjal-3180	296	11	markets	market	NOUN
cjal-3180	296	12	.	.	PUNCT
cjal-3180	297	1	fin	fin	NOUN
cjal-3180	297	2	.	.	PUNCT
cjal-3180	297	3	&	&	CCONJ
cjal-3180	297	4	dev	dev	PROPN
cjal-3180	297	5	.	.	PROPN
cjal-3180	297	6	,	,	PUNCT
cjal-3180	297	7	dee	dee	PROPN
cjal-3180	297	8	.	.	PROPN
cjal-3180	297	9	1995	1995	NUM
cjal-3180	297	10	,	,	PUNCT
cjal-3180	297	11	at	at	ADP
cjal-3180	297	12	26	26	NUM
cjal-3180	297	13	;	;	PUNCT
cjal-3180	297	14	francis	francis	PROPN
cjal-3180	297	15	lui	lui	PROPN
cjal-3180	297	16	,	,	PUNCT
cjal-3180	297	17	three	three	NUM
cjal-3180	297	18	aspects	aspect	NOUN
cjal-3180	297	19	of	of	ADP
cjal-3180	297	20	corruption	corruption	NOUN
cjal-3180	297	21	,	,	PUNCT
cjal-3180	297	22	contei	contei	PROPN
cjal-3180	297	23	.	.	PUNCT
cjal-3180	298	1	econ	econ	PROPN
cjal-3180	298	2	.	.	PUNCT
cjal-3180	298	3	pol'y	pol'y	PROPN
cjal-3180	298	4	,	,	PUNCT
cjal-3180	298	5	jul	jul	PROPN
cjal-3180	298	6	.	.	PROPN
cjal-3180	298	7	1996	1996	NUM
cjal-3180	298	8	,	,	PUNCT
cjal-3180	298	9	at	at	ADP
cjal-3180	298	10	26	26	NUM
cjal-3180	298	11	.	.	PUNCT
cjal-3180	299	1	93	93	NUM
cjal-3180	299	2	.	.	PUNCT
cjal-3180	300	1	la	la	ADJ
cjal-3180	300	2	,	,	PUNCT
cjal-3180	300	3	supra	supra	PROPN
cjal-3180	300	4	note	note	PROPN
cjal-3180	300	5	56	56	NUM
cjal-3180	300	6	,	,	PUNCT
cjal-3180	300	7	at	at	ADP
cjal-3180	300	8	3	3	NUM
cjal-3180	300	9	.	.	NOUN
cjal-3180	300	10	94	94	NUM
cjal-3180	300	11	.	.	PUNCT
cjal-3180	301	1	chan	chan	PROPN
cjal-3180	301	2	,	,	PUNCT
cjal-3180	301	3	supra	supra	PROPN
cjal-3180	301	4	note	note	PROPN
cjal-3180	301	5	57	57	NUM
cjal-3180	301	6	,	,	PUNCT
cjal-3180	301	7	at	at	ADP
cjal-3180	301	8	5	5	NUM
cjal-3180	301	9	.	.	NOUN
cjal-3180	301	10	95	95	NUM
cjal-3180	301	11	.	.	PUNCT
cjal-3180	302	1	for	for	ADP
cjal-3180	302	2	instance	instance	NOUN
cjal-3180	302	3	,	,	PUNCT
cjal-3180	302	4	article	article	NOUN
cjal-3180	302	5	18	18	NUM
cjal-3180	302	6	of	of	ADP
cjal-3180	302	7	the	the	DET
cjal-3180	302	8	basic	basic	ADJ
cjal-3180	302	9	law	law	NOUN
cjal-3180	302	10	,	,	PUNCT
cjal-3180	302	11	which	which	PRON
cjal-3180	302	12	provides	provide	VERB
cjal-3180	302	13	that	that	SCONJ
cjal-3180	302	14	"	"	PUNCT
cjal-3180	302	15	the	the	DET
cjal-3180	302	16	central	central	ADJ
cjal-3180	302	17	people	people	NOUN
cjal-3180	302	18	's	's	PART
cjal-3180	302	19	government	government	NOUN
cjal-3180	302	20	may	may	AUX
cjal-3180	302	21	issue	issue	VERB
cjal-3180	302	22	an	an	DET
cjal-3180	302	23	order	order	NOUN
cjal-3180	302	24	applying	apply	VERB
cjal-3180	302	25	the	the	DET
cjal-3180	302	26	relevant	relevant	ADJ
cjal-3180	302	27	national	national	ADJ
cjal-3180	302	28	laws	law	NOUN
cjal-3180	302	29	"	"	PUNCT
cjal-3180	302	30	if	if	SCONJ
cjal-3180	302	31	"	"	PUNCT
cjal-3180	302	32	turmoil	turmoil	NOUN
cjal-3180	302	33	"	"	PUNCT
cjal-3180	302	34	or	or	CCONJ
cjal-3180	302	35	a	a	DET
cjal-3180	302	36	"	"	PUNCT
cjal-3180	302	37	state	state	NOUN
cjal-3180	302	38	of	of	ADP
cjal-3180	302	39	emergency	emergency	NOUN
cjal-3180	302	40	"	"	PUNCT
cjal-3180	302	41	exists	exist	VERB
cjal-3180	302	42	in	in	ADP
cjal-3180	302	43	the	the	DET
cjal-3180	302	44	hong	hong	PROPN
cjal-3180	302	45	kong	kong	PROPN
cjal-3180	302	46	special	special	ADJ
cjal-3180	302	47	administrative	administrative	ADJ
cjal-3180	302	48	region	region	NOUN
cjal-3180	302	49	,	,	PUNCT
cjal-3180	302	50	or	or	CCONJ
cjal-3180	302	51	article	article	NOUN
cjal-3180	302	52	19	19	NUM
cjal-3180	302	53	of	of	ADP
cjal-3180	302	54	the	the	DET
cjal-3180	302	55	basic	basic	ADJ
cjal-3180	302	56	law	law	NOUN
cjal-3180	302	57	which	which	PRON
cjal-3180	302	58	requires	require	VERB
cjal-3180	302	59	hong	hong	PROPN
cjal-3180	302	60	kong	kong	PROPN
cjal-3180	302	61	courts	court	NOUN
cjal-3180	302	62	to	to	PART
cjal-3180	302	63	"	"	PUNCT
cjal-3180	302	64	obtain	obtain	VERB
cjal-3180	302	65	a	a	DET
cjal-3180	302	66	certificate	certificate	NOUN
cjal-3180	302	67	from	from	ADP
cjal-3180	302	68	the	the	DET
cjal-3180	302	69	chief	chief	ADJ
cjal-3180	302	70	executive	executive	NOUN
cjal-3180	302	71	on	on	ADP
cjal-3180	302	72	questions	question	NOUN
cjal-3180	302	73	of	of	ADP
cjal-3180	302	74	fact	fact	NOUN
cjal-3180	302	75	concerning	concern	VERB
cjal-3180	302	76	acts	act	NOUN
cjal-3180	302	77	of	of	ADP
cjal-3180	302	78	state	state	NOUN
cjal-3180	302	79	such	such	ADJ
cjal-3180	302	80	as	as	ADP
cjal-3180	302	81	defense	defense	NOUN
cjal-3180	302	82	and	and	CCONJ
cjal-3180	302	83	foreign	foreign	ADJ
cjal-3180	302	84	affairs	affair	NOUN
cjal-3180	302	85	whenever	whenever	SCONJ
cjal-3180	302	86	such	such	ADJ
cjal-3180	302	87	questions	question	NOUN
cjal-3180	302	88	arise	arise	VERB
cjal-3180	302	89	in	in	ADP
cjal-3180	302	90	the	the	DET
cjal-3180	302	91	adjudication	adjudication	NOUN
cjal-3180	302	92	of	of	ADP
cjal-3180	302	93	cases	case	NOUN
cjal-3180	302	94	"	"	PUNCT
cjal-3180	302	95	and	and	CCONJ
cjal-3180	302	96	makes	make	VERB
cjal-3180	302	97	this	this	DET
cjal-3180	302	98	certificate	certificate	NOUN
cjal-3180	302	99	"	"	PUNCT
cjal-3180	302	100	binding	bind	VERB
cjal-3180	302	101	on	on	ADP
cjal-3180	302	102	the	the	DET
cjal-3180	302	103	courts	court	NOUN
cjal-3180	302	104	.	.	PUNCT
cjal-3180	302	105	"	"	PUNCT
cjal-3180	303	1	article	article	NOUN
cjal-3180	303	2	19	19	NUM
cjal-3180	303	3	further	far	ADV
cjal-3180	303	4	requires	require	VERB
cjal-3180	303	5	the	the	DET
cjal-3180	303	6	chief	chief	ADJ
cjal-3180	303	7	executive	executive	NOUN
cjal-3180	303	8	to	to	PART
cjal-3180	303	9	"	"	PUNCT
cjal-3180	303	10	obtain	obtain	VERB
cjal-3180	303	11	a	a	DET
cjal-3180	303	12	certifying	certify	VERB
cjal-3180	303	13	document	document	NOUN
cjal-3180	303	14	from	from	ADP
cjal-3180	303	15	the	the	DET
cjal-3180	303	16	central	central	ADJ
cjal-3180	303	17	people	people	NOUN
cjal-3180	303	18	's	's	PART
cjal-3180	303	19	government	government	NOUN
cjal-3180	303	20	"	"	PUNCT
cjal-3180	303	21	before	before	ADP
cjal-3180	303	22	issuing	issue	VERB
cjal-3180	303	23	certificates	certificate	NOUN
cjal-3180	303	24	,	,	PUNCT
cjal-3180	303	25	thus	thus	ADV
cjal-3180	303	26	ensuring	ensure	VERB
cjal-3180	303	27	beijing	beijing	PROPN
cjal-3180	303	28	's	's	PART
cjal-3180	303	29	control	control	NOUN
cjal-3180	303	30	.	.	PUNCT
cjal-3180	304	1	96	96	X
cjal-3180	304	2	.	.	PUNCT
cjal-3180	305	1	this	this	PRON
cjal-3180	305	2	is	be	AUX
cjal-3180	305	3	not	not	PART
cjal-3180	305	4	an	an	DET
cjal-3180	305	5	uncommon	uncommon	ADJ
cjal-3180	305	6	position	position	NOUN
cjal-3180	305	7	for	for	SCONJ
cjal-3180	305	8	a	a	DET
cjal-3180	305	9	government	government	NOUN
cjal-3180	305	10	to	to	PART
cjal-3180	305	11	take	take	VERB
cjal-3180	305	12	.	.	PUNCT
cjal-3180	306	1	the	the	DET
cjal-3180	306	2	u.s	u.s	PROPN
cjal-3180	306	3	.	.	PROPN
cjal-3180	306	4	,	,	PUNCT
cjal-3180	306	5	for	for	ADP
cjal-3180	306	6	example	example	NOUN
cjal-3180	306	7	,	,	PUNCT
cjal-3180	306	8	has	have	AUX
cjal-3180	306	9	raised	raise	VERB
cjal-3180	306	10	issues	issue	NOUN
cjal-3180	306	11	of	of	ADP
cjal-3180	306	12	national	national	ADJ
cjal-3180	306	13	security	security	NOUN
cjal-3180	306	14	in	in	ADP
cjal-3180	306	15	blocking	block	VERB
cjal-3180	306	16	the	the	DET
cjal-3180	306	17	sale	sale	NOUN
cjal-3180	306	18	of	of	ADP
cjal-3180	306	19	certain	certain	ADJ
cjal-3180	306	20	u.s	u.s	PROPN
cjal-3180	306	21	.	.	PROPN
cjal-3180	306	22	firms	firm	NOUN
cjal-3180	306	23	(	(	PUNCT
cjal-3180	306	24	generally	generally	ADV
cjal-3180	306	25	defense	defense	NOUN
cjal-3180	306	26	contractors	contractor	NOUN
cjal-3180	306	27	)	)	PUNCT
cjal-3180	306	28	to	to	ADP
cjal-3180	306	29	foreign	foreign	ADJ
cjal-3180	306	30	owners	owner	NOUN
cjal-3180	306	31	.	.	PUNCT
cjal-3180	307	1	see	see	VERB
cjal-3180	307	2	in	in	ADP
cjal-3180	307	3	re	re	PROPN
cjal-3180	307	4	chateaugay	chateaugay	PROPN
cjal-3180	307	5	corporation	corporation	NOUN
cjal-3180	307	6	.	.	PUNCT
cjal-3180	308	1	186	186	NUM
cjal-3180	308	2	b.r	b.r	PROPN
cjal-3180	308	3	.	.	PROPN
cjal-3180	308	4	561	561	NUM
cjal-3180	308	5	.	.	PUNCT
cjal-3180	309	1	564	564	NUM
cjal-3180	309	2	(	(	PUNCT
cjal-3180	309	3	1995	1995	NUM
cjal-3180	309	4	)	)	PUNCT
cjal-3180	309	5	(	(	PUNCT
cjal-3180	309	6	describing	describe	VERB
cjal-3180	309	7	two	two	NUM
cjal-3180	309	8	such	such	ADJ
cjal-3180	309	9	instances	instance	NOUN
cjal-3180	309	10	)	)	PUNCT
cjal-3180	309	11	.	.	PUNCT
cjal-3180	310	1	1998	1998	NUM
cjal-3180	310	2	)	)	PUNCT
cjal-3180	310	3	columbia	columbia	PROPN
cjal-3180	310	4	journal	journal	PROPN
cjal-3180	310	5	of	of	ADP
cjal-3180	310	6	asian	asian	ADJ
cjal-3180	310	7	la[w	la[w	PROPN
cjal-3180	310	8	well	well	ADV
cjal-3180	310	9	argue	argue	VERB
cjal-3180	310	10	constitute	constitute	VERB
cjal-3180	310	11	"	"	PUNCT
cjal-3180	310	12	state	state	NOUN
cjal-3180	310	13	assets	asset	NOUN
cjal-3180	310	14	"	"	PUNCT
cjal-3180	310	15	.	.	PUNCT
cjal-3180	311	1	even	even	ADV
cjal-3180	311	2	before	before	ADP
cjal-3180	311	3	transition	transition	NOUN
cjal-3180	311	4	,	,	PUNCT
cjal-3180	311	5	the	the	DET
cjal-3180	311	6	prc	prc	PROPN
cjal-3180	311	7	asserted	assert	VERB
cjal-3180	311	8	that	that	SCONJ
cjal-3180	311	9	its	its	PRON
cjal-3180	311	10	consent	consent	NOUN
cjal-3180	311	11	was	be	AUX
cjal-3180	311	12	necessary	necessary	ADJ
cjal-3180	311	13	in	in	ADP
cjal-3180	311	14	connection	connection	NOUN
cjal-3180	311	15	with	with	ADP
cjal-3180	311	16	several	several	ADJ
cjal-3180	311	17	hong	hong	PROPN
cjal-3180	311	18	kong	kong	PROPN
cjal-3180	311	19	transactions	transaction	NOUN
cjal-3180	311	20	involving	involve	VERB
cjal-3180	311	21	public	public	ADJ
cjal-3180	311	22	utilities	utility	NOUN
cjal-3180	311	23	,	,	PUNCT
cjal-3180	311	24	infrastructure	infrastructure	NOUN
cjal-3180	311	25	,	,	PUNCT
cjal-3180	311	26	and	and	CCONJ
cjal-3180	311	27	telecommunications	telecommunication	NOUN
cjal-3180	311	28	.	.	PUNCT
cjal-3180	312	1	97	97	NUM
cjal-3180	312	2	one	one	NUM
cjal-3180	312	3	strategy	strategy	NOUN
cjal-3180	312	4	firms	firm	NOUN
cjal-3180	312	5	already	already	ADV
cjal-3180	312	6	employ	employ	VERB
cjal-3180	312	7	to	to	PART
cjal-3180	312	8	cope	cope	VERB
cjal-3180	312	9	with	with	ADP
cjal-3180	312	10	these	these	DET
cjal-3180	312	11	issues	issue	NOUN
cjal-3180	312	12	is	be	AUX
cjal-3180	312	13	the	the	DET
cjal-3180	312	14	inclusion	inclusion	NOUN
cjal-3180	312	15	of	of	ADP
cjal-3180	312	16	individuals	individual	NOUN
cjal-3180	312	17	with	with	ADP
cjal-3180	312	18	strong	strong	ADJ
cjal-3180	312	19	connections	connection	NOUN
cjal-3180	312	20	to	to	ADP
cjal-3180	312	21	the	the	DET
cjal-3180	312	22	prc	prc	PROPN
cjal-3180	312	23	in	in	ADP
cjal-3180	312	24	their	their	PRON
cjal-3180	312	25	boards	board	NOUN
cjal-3180	312	26	of	of	ADP
cjal-3180	312	27	directors.98	directors.98	NOUN
cjal-3180	312	28	conversely	conversely	ADV
cjal-3180	312	29	,	,	PUNCT
cjal-3180	312	30	the	the	DET
cjal-3180	312	31	prc	prc	PROPN
cjal-3180	312	32	may	may	AUX
cjal-3180	312	33	(	(	PUNCT
cjal-3180	312	34	explicitly	explicitly	ADV
cjal-3180	312	35	or	or	CCONJ
cjal-3180	312	36	otherwise	otherwise	ADV
cjal-3180	312	37	)	)	PUNCT
cjal-3180	312	38	make	make	VERB
cjal-3180	312	39	inclusion	inclusion	NOUN
cjal-3180	312	40	of	of	ADP
cjal-3180	312	41	such	such	ADJ
cjal-3180	312	42	individuals	individual	NOUN
cjal-3180	312	43	(	(	PUNCT
cjal-3180	312	44	or	or	CCONJ
cjal-3180	312	45	exclusion	exclusion	NOUN
cjal-3180	312	46	of	of	ADP
cjal-3180	312	47	disfavored	disfavored	ADJ
cjal-3180	312	48	persons)99	persons)99	PROPN
cjal-3180	312	49	a	a	DET
cjal-3180	312	50	requirement	requirement	NOUN
cjal-3180	312	51	for	for	ADP
cjal-3180	312	52	firms	firm	NOUN
cjal-3180	312	53	seeking	seek	VERB
cjal-3180	312	54	government	government	NOUN
cjal-3180	312	55	contracts	contract	NOUN
cjal-3180	312	56	or	or	CCONJ
cjal-3180	312	57	permits	permit	NOUN
cjal-3180	312	58	in	in	ADP
cjal-3180	312	59	hong	hong	PROPN
cjal-3180	312	60	kong	kong	PROPN
cjal-3180	312	61	or	or	CCONJ
cjal-3180	312	62	the	the	DET
cjal-3180	312	63	mainland	mainland	NOUN
cjal-3180	312	64	.	.	PUNCT
cjal-3180	313	1	this	this	PRON
cjal-3180	313	2	parallels	parallel	VERB
cjal-3180	313	3	past	past	ADJ
cjal-3180	313	4	efforts	effort	NOUN
cjal-3180	313	5	and	and	CCONJ
cjal-3180	313	6	allows	allow	VERB
cjal-3180	313	7	beijing	beijing	PROPN
cjal-3180	313	8	to	to	PART
cjal-3180	313	9	exert	exert	VERB
cjal-3180	313	10	further	far	ADV
cjal-3180	313	11	,	,	PUNCT
cjal-3180	313	12	but	but	CCONJ
cjal-3180	313	13	less	less	ADV
cjal-3180	313	14	publicly	publicly	ADV
cjal-3180	313	15	visible	visible	ADJ
cjal-3180	313	16	,	,	PUNCT
cjal-3180	313	17	influence	influence	NOUN
cjal-3180	313	18	upon	upon	SCONJ
cjal-3180	313	19	firms	firm	NOUN
cjal-3180	313	20	.	.	PUNCT
cjal-3180	314	1	c.	c.	PROPN
cjal-3180	314	2	non	non	PROPN
cjal-3180	314	3	-	-	NOUN
cjal-3180	314	4	compliance	compliance	NOUN
cjal-3180	314	5	with	with	ADP
cjal-3180	314	6	the	the	DET
cjal-3180	314	7	code	code	NOUN
cjal-3180	314	8	to	to	ADP
cjal-3180	314	9	the	the	DET
cjal-3180	314	10	extent	extent	NOUN
cjal-3180	314	11	that	that	PRON
cjal-3180	314	12	prc	prc	PROPN
cjal-3180	314	13	companies	company	NOUN
cjal-3180	314	14	operating	operate	VERB
cjal-3180	314	15	in	in	ADP
cjal-3180	314	16	hong	hong	PROPN
cjal-3180	314	17	kong	kong	PROPN
cjal-3180	314	18	benefit	benefit	NOUN
cjal-3180	314	19	by	by	ADP
cjal-3180	314	20	simply	simply	ADV
cjal-3180	314	21	ignoring	ignore	VERB
cjal-3180	314	22	the	the	DET
cjal-3180	314	23	"	"	PUNCT
cjal-3180	314	24	voluntary	voluntary	ADJ
cjal-3180	314	25	"	"	PUNCT
cjal-3180	314	26	rules	rule	NOUN
cjal-3180	314	27	of	of	ADP
cjal-3180	314	28	the	the	DET
cjal-3180	314	29	code	code	NOUN
cjal-3180	314	30	,	,	PUNCT
cjal-3180	314	31	the	the	DET
cjal-3180	314	32	likelihood	likelihood	NOUN
cjal-3180	314	33	that	that	SCONJ
cjal-3180	314	34	other	other	ADJ
cjal-3180	314	35	firms	firm	NOUN
cjal-3180	314	36	will	will	AUX
cjal-3180	314	37	follow	follow	VERB
cjal-3180	314	38	suit	suit	NOUN
cjal-3180	314	39	increases	increase	NOUN
cjal-3180	314	40	.	.	PUNCT
cjal-3180	315	1	non	non	ADJ
cjal-3180	315	2	-	-	NOUN
cjal-3180	315	3	compliance	compliance	NOUN
cjal-3180	315	4	with	with	ADP
cjal-3180	315	5	mandatory	mandatory	ADJ
cjal-3180	315	6	rules	rule	NOUN
cjal-3180	315	7	has	have	AUX
cjal-3180	315	8	largely	largely	ADV
cjal-3180	315	9	gone	go	VERB
cjal-3180	315	10	unpunished	unpunished	ADJ
cjal-3180	315	11	.	.	PUNCT
cjal-3180	316	1	so	so	ADV
cjal-3180	316	2	far	far	ADV
cjal-3180	316	3	"	"	PUNCT
cjal-3180	316	4	none	none	NOUN
cjal-3180	316	5	of	of	ADP
cjal-3180	316	6	the	the	DET
cjal-3180	316	7	chinese	chinese	ADJ
cjal-3180	316	8	companies	company	NOUN
cjal-3180	316	9	listed	list	VERB
cjal-3180	316	10	in	in	ADP
cjal-3180	316	11	hong	hong	PROPN
cjal-3180	316	12	kong	kong	PROPN
cjal-3180	316	13	...	...	PUNCT
cjal-3180	316	14	has	have	AUX
cjal-3180	316	15	received	receive	VERB
cjal-3180	316	16	more	more	ADJ
cjal-3180	316	17	than	than	ADP
cjal-3180	316	18	a	a	DET
cjal-3180	316	19	slap	slap	NOUN
cjal-3180	316	20	on	on	ADP
cjal-3180	316	21	the	the	DET
cjal-3180	316	22	wrist	wrist	NOUN
cjal-3180	316	23	from	from	ADP
cjal-3180	316	24	regulators	regulator	NOUN
cjal-3180	316	25	.	.	PUNCT
cjal-3180	317	1	yet	yet	CCONJ
cjal-3180	317	2	their	their	PRON
cjal-3180	317	3	numerous	numerous	ADJ
cjal-3180	317	4	and	and	CCONJ
cjal-3180	317	5	flagrant	flagrant	ADJ
cjal-3180	317	6	violations	violation	NOUN
cjal-3180	317	7	of	of	ADP
cjal-3180	317	8	hong	hong	PROPN
cjal-3180	317	9	kong	kong	PROPN
cjal-3180	317	10	rules	rule	NOUN
cjal-3180	317	11	range	range	VERB
cjal-3180	317	12	from	from	ADP
cjal-3180	317	13	failing	fail	VERB
cjal-3180	317	14	to	to	PART
cjal-3180	317	15	disclose	disclose	VERB
cjal-3180	317	16	major	major	ADJ
cjal-3180	317	17	events	event	NOUN
cjal-3180	317	18	in	in	ADP
cjal-3180	317	19	a	a	DET
cjal-3180	317	20	timely	timely	ADJ
cjal-3180	317	21	manner	manner	NOUN
cjal-3180	317	22	to	to	ADP
cjal-3180	317	23	misusing	misuse	VERB
cjal-3180	317	24	proceeds	proceed	NOUN
cjal-3180	317	25	from	from	ADP
cjal-3180	317	26	an	an	DET
cjal-3180	317	27	initial	initial	ADJ
cjal-3180	317	28	public	public	ADJ
cjal-3180	317	29	offering	offering	NOUN
cjal-3180	317	30	.	.	PUNCT
cjal-3180	318	1	"	"	PUNCT
cjal-3180	318	2	'	'	PUNCT
cjal-3180	318	3	°	°	NUM
cjal-3180	318	4	arguably	arguably	ADV
cjal-3180	318	5	,	,	PUNCT
cjal-3180	318	6	many	many	ADJ
cjal-3180	318	7	of	of	ADP
cjal-3180	318	8	these	these	DET
cjal-3180	318	9	violations	violation	NOUN
cjal-3180	318	10	probably	probably	ADV
cjal-3180	318	11	stem	stem	VERB
cjal-3180	318	12	from	from	ADP
cjal-3180	318	13	the	the	DET
cjal-3180	318	14	differences	difference	NOUN
cjal-3180	318	15	discussed	discuss	VERB
cjal-3180	318	16	above	above	ADV
cjal-3180	318	17	between	between	ADP
cjal-3180	318	18	business	business	NOUN
cjal-3180	318	19	practices	practice	NOUN
cjal-3180	318	20	and	and	CCONJ
cjal-3180	318	21	culture	culture	NOUN
cjal-3180	318	22	in	in	ADP
cjal-3180	318	23	the	the	DET
cjal-3180	318	24	prc	prc	PROPN
cjal-3180	318	25	and	and	CCONJ
cjal-3180	318	26	hong	hong	PROPN
cjal-3180	318	27	kong	kong	PROPN
cjal-3180	318	28	(	(	PUNCT
cjal-3180	318	29	as	as	ADV
cjal-3180	318	30	well	well	ADV
cjal-3180	318	31	as	as	ADP
cjal-3180	318	32	between	between	ADP
cjal-3180	318	33	operating	operate	VERB
cjal-3180	318	34	as	as	ADP
cjal-3180	318	35	a	a	DET
cjal-3180	318	36	public	public	ADJ
cjal-3180	318	37	company	company	NOUN
cjal-3180	318	38	versus	versus	ADP
cjal-3180	318	39	a	a	DET
cjal-3180	318	40	private	private	ADJ
cjal-3180	318	41	firm	firm	NOUN
cjal-3180	318	42	)	)	PUNCT
cjal-3180	318	43	and	and	CCONJ
cjal-3180	318	44	may	may	AUX
cjal-3180	318	45	decrease	decrease	VERB
cjal-3180	318	46	as	as	SCONJ
cjal-3180	318	47	firms	firm	NOUN
cjal-3180	318	48	become	become	VERB
cjal-3180	318	49	accustomed	accustomed	ADJ
cjal-3180	318	50	to	to	ADP
cjal-3180	318	51	the	the	DET
cjal-3180	318	52	standards	standard	NOUN
cjal-3180	318	53	expected	expect	VERB
cjal-3180	318	54	of	of	ADP
cjal-3180	318	55	them	they	PRON
cjal-3180	318	56	.	.	PUNCT
cjal-3180	319	1	if	if	SCONJ
cjal-3180	319	2	,	,	PUNCT
cjal-3180	319	3	however	however	ADV
cjal-3180	319	4	,	,	PUNCT
cjal-3180	319	5	widespread	widespread	ADJ
cjal-3180	319	6	disregard	disregard	NOUN
cjal-3180	319	7	for	for	ADP
cjal-3180	319	8	the	the	DET
cjal-3180	319	9	provisions	provision	NOUN
cjal-3180	319	10	of	of	ADP
cjal-3180	319	11	the	the	DET
cjal-3180	319	12	code	code	NOUN
cjal-3180	319	13	becomes	become	VERB
cjal-3180	319	14	the	the	DET
cjal-3180	319	15	norm	norm	NOUN
cjal-3180	319	16	among	among	ADP
cjal-3180	319	17	non	non	ADJ
cjal-3180	319	18	-	-	ADJ
cjal-3180	319	19	prc	prc	ADJ
cjal-3180	319	20	firms	firm	NOUN
cjal-3180	319	21	as	as	ADV
cjal-3180	319	22	well	well	ADV
cjal-3180	319	23	,	,	PUNCT
cjal-3180	319	24	certain	certain	ADJ
cjal-3180	319	25	currently	currently	ADV
cjal-3180	319	26	disfavored	disfavor	VERB
cjal-3180	319	27	offensive	offensive	ADJ
cjal-3180	319	28	and	and	CCONJ
cjal-3180	319	29	97	97	NUM
cjal-3180	319	30	.	.	PUNCT
cjal-3180	320	1	for	for	ADP
cjal-3180	320	2	instance	instance	NOUN
cjal-3180	320	3	,	,	PUNCT
cjal-3180	320	4	the	the	DET
cjal-3180	320	5	new	new	ADJ
cjal-3180	320	6	airport	airport	NOUN
cjal-3180	320	7	,	,	PUNCT
cjal-3180	320	8	the	the	DET
cjal-3180	320	9	proposed	propose	VERB
cjal-3180	320	10	western	western	ADJ
cjal-3180	320	11	corridor	corridor	ADJ
cjal-3180	320	12	railway	railway	NOUN
cjal-3180	320	13	,	,	PUNCT
cjal-3180	320	14	and	and	CCONJ
cjal-3180	320	15	the	the	DET
cjal-3180	320	16	battle	battle	NOUN
cjal-3180	320	17	over	over	ADP
cjal-3180	320	18	hongkong	hongkong	PROPN
cjal-3180	320	19	telecom	telecom	PROPN
cjal-3180	320	20	.	.	PUNCT
cjal-3180	321	1	see	see	VERB
cjal-3180	321	2	gary	gary	PROPN
cjal-3180	321	3	silverman	silverman	PROPN
cjal-3180	321	4	,	,	PUNCT
cjal-3180	321	5	miles	mile	NOUN
cjal-3180	321	6	to	to	PART
cjal-3180	321	7	go	go	VERB
cjal-3180	321	8	:	:	PUNCT
cjal-3180	321	9	beijing	beijing	PROPN
cjal-3180	321	10	's	's	PART
cjal-3180	321	11	suspicions	suspicion	NOUN
cjal-3180	321	12	cloud	cloud	VERB
cjal-3180	321	13	hong	hong	PROPN
cjal-3180	321	14	kong	kong	PROPN
cjal-3180	321	15	rail	rail	NOUN
cjal-3180	321	16	plan	plan	NOUN
cjal-3180	321	17	,	,	PUNCT
cjal-3180	321	18	fare	fare	PROPN
cjal-3180	321	19	.	.	PUNCT
cjal-3180	322	1	econ	econ	PROPN
cjal-3180	322	2	.	.	PUNCT
cjal-3180	323	1	rev	rev	PROPN
cjal-3180	323	2	.	.	PROPN
cjal-3180	323	3	,	,	PUNCT
cjal-3180	323	4	june	june	PROPN
cjal-3180	323	5	13	13	NUM
cjal-3180	323	6	,	,	PUNCT
cjal-3180	323	7	1996	1996	NUM
cjal-3180	323	8	,	,	PUNCT
cjal-3180	323	9	at	at	ADP
cjal-3180	323	10	69	69	NUM
cjal-3180	323	11	;	;	PUNCT
cjal-3180	323	12	mcgurn	mcgurn	NOUN
cjal-3180	323	13	,	,	PUNCT
cjal-3180	323	14	supra	supra	PROPN
cjal-3180	323	15	note	note	NOUN
cjal-3180	323	16	39	39	NUM
cjal-3180	323	17	,	,	PUNCT
cjal-3180	323	18	at	at	ADP
cjal-3180	323	19	66	66	NUM
cjal-3180	323	20	;	;	PUNCT
cjal-3180	323	21	carolyn	carolyn	PROPN
cjal-3180	323	22	koo	koo	PROPN
cjal-3180	323	23	,	,	PUNCT
cjal-3180	323	24	a	a	DET
cjal-3180	323	25	prc	prc	PROPN
cjal-3180	323	26	partnerforhongkong	partnerforhongkong	NOUN
cjal-3180	323	27	telecom	telecom	NOUN
cjal-3180	323	28	?	?	PUNCT
cjal-3180	323	29	,	,	PUNCT
cjal-3180	323	30	institutionalinvestor	institutionalinvestor	PROPN
cjal-3180	323	31	,	,	PUNCT
cjal-3180	323	32	june	june	PROPN
cjal-3180	323	33	1996	1996	NUM
cjal-3180	323	34	,	,	PUNCT
cjal-3180	323	35	at	at	ADP
cjal-3180	323	36	171	171	NUM
cjal-3180	323	37	(	(	PUNCT
cjal-3180	323	38	noting	note	VERB
cjal-3180	323	39	that	that	SCONJ
cjal-3180	323	40	"	"	PUNCT
cjal-3180	323	41	to	to	ADP
cjal-3180	323	42	many	many	ADJ
cjal-3180	323	43	observers	observer	NOUN
cjal-3180	323	44	it	it	PRON
cjal-3180	323	45	seems	seem	VERB
cjal-3180	323	46	inconceivable	inconceivable	ADJ
cjal-3180	323	47	that	that	SCONJ
cjal-3180	323	48	beijing	beijing	PROPN
cjal-3180	323	49	will	will	AUX
cjal-3180	323	50	allow	allow	VERB
cjal-3180	323	51	hong	hong	PROPN
cjal-3180	323	52	kong	kong	PROPN
cjal-3180	323	53	's	's	PART
cjal-3180	323	54	dominant	dominant	PROPN
cjal-3180	323	55	telecommunications	telecommunication	NOUN
cjal-3180	323	56	company	company	NOUN
cjal-3180	323	57	to	to	PART
cjal-3180	323	58	remain	remain	VERB
cjal-3180	323	59	in	in	ADP
cjal-3180	323	60	foreign	foreign	ADJ
cjal-3180	323	61	(	(	PUNCT
cjal-3180	323	62	especially	especially	ADV
cjal-3180	323	63	former	former	ADJ
cjal-3180	323	64	colonial	colonial	ADJ
cjal-3180	323	65	)	)	PUNCT
cjal-3180	323	66	hands	hand	NOUN
cjal-3180	323	67	"	"	PUNCT
cjal-3180	323	68	)	)	PUNCT
cjal-3180	323	69	.	.	PUNCT
cjal-3180	324	1	98	98	NUM
cjal-3180	324	2	.	.	PUNCT
cjal-3180	325	1	note	note	VERB
cjal-3180	325	2	swire	swire	NOUN
cjal-3180	325	3	group	group	NOUN
cjal-3180	325	4	's	's	PART
cjal-3180	325	5	inclusion	inclusion	NOUN
cjal-3180	325	6	of	of	ADP
cjal-3180	325	7	prc	prc	PROPN
cjal-3180	325	8	connected	connected	ADJ
cjal-3180	325	9	persons	person	NOUN
cjal-3180	325	10	in	in	ADP
cjal-3180	325	11	its	its	PRON
cjal-3180	325	12	board	board	NOUN
cjal-3180	325	13	of	of	ADP
cjal-3180	325	14	directors	director	NOUN
cjal-3180	325	15	(	(	PUNCT
cjal-3180	325	16	though	though	SCONJ
cjal-3180	325	17	this	this	PRON
cjal-3180	325	18	arguably	arguably	ADV
cjal-3180	325	19	was	be	AUX
cjal-3180	325	20	a	a	DET
cjal-3180	325	21	mixed	mixed	ADJ
cjal-3180	325	22	blessing	blessing	NOUN
cjal-3180	325	23	for	for	ADP
cjal-3180	325	24	swire	swire	NOUN
cjal-3180	325	25	at	at	ADP
cjal-3180	325	26	best	good	ADJ
cjal-3180	325	27	)	)	PUNCT
cjal-3180	325	28	.	.	PUNCT
cjal-3180	326	1	see	see	VERB
cjal-3180	326	2	economist	economist	NOUN
cjal-3180	326	3	,	,	PUNCT
cjal-3180	326	4	supra	supra	PROPN
cjal-3180	326	5	note	note	PROPN
cjal-3180	326	6	72	72	NUM
cjal-3180	326	7	,	,	PUNCT
cjal-3180	326	8	at	at	ADP
cjal-3180	326	9	65	65	NUM
cjal-3180	326	10	.	.	PUNCT
cjal-3180	327	1	see	see	VERB
cjal-3180	327	2	also	also	ADV
cjal-3180	327	3	de	de	PROPN
cjal-3180	327	4	mesquita	mesquita	PROPN
cjal-3180	327	5	,	,	PUNCT
cjal-3180	327	6	supra	supra	PROPN
cjal-3180	327	7	note	note	PROPN
cjal-3180	327	8	52	52	NUM
cjal-3180	327	9	,	,	PUNCT
cjal-3180	327	10	at	at	ADP
cjal-3180	327	11	140	140	NUM
cjal-3180	327	12	(	(	PUNCT
cjal-3180	327	13	noting	note	VERB
cjal-3180	327	14	the	the	DET
cjal-3180	327	15	possibility	possibility	NOUN
cjal-3180	327	16	of	of	ADP
cjal-3180	327	17	"	"	PUNCT
cjal-3180	327	18	appointments	appointment	NOUN
cjal-3180	327	19	of	of	ADP
cjal-3180	327	20	mainland	mainland	NOUN
cjal-3180	327	21	officials	official	NOUN
cjal-3180	327	22	to	to	ADP
cjal-3180	327	23	the	the	DET
cjal-3180	327	24	boards	board	NOUN
cjal-3180	327	25	of	of	ADP
cjal-3180	327	26	directors	director	NOUN
cjal-3180	327	27	of	of	ADP
cjal-3180	327	28	hong	hong	PROPN
cjal-3180	327	29	kong	kong	PROPN
cjal-3180	327	30	companies	company	NOUN
cjal-3180	327	31	"	"	PUNCT
cjal-3180	327	32	)	)	PUNCT
cjal-3180	327	33	.	.	PUNCT
cjal-3180	328	1	99	99	NUM
cjal-3180	328	2	.	.	PUNCT
cjal-3180	329	1	see	see	VERB
cjal-3180	329	2	de	de	PROPN
cjal-3180	329	3	mesquita	mesquita	PROPN
cjal-3180	329	4	,	,	PUNCT
cjal-3180	329	5	supra	supra	PROPN
cjal-3180	329	6	note	note	PROPN
cjal-3180	329	7	52	52	NUM
cjal-3180	329	8	,	,	PUNCT
cjal-3180	329	9	at	at	ADP
cjal-3180	329	10	125	125	NUM
cjal-3180	329	11	.	.	PUNCT
cjal-3180	330	1	(	(	PUNCT
cjal-3180	330	2	noting	note	VERB
cjal-3180	330	3	jimmy	jimmy	PROPN
cjal-3180	330	4	lai	lai	PROPN
cjal-3180	330	5	's	's	PART
cjal-3180	330	6	sale	sale	NOUN
cjal-3180	330	7	of	of	ADP
cjal-3180	330	8	his	his	PRON
cjal-3180	330	9	controlling	control	VERB
cjal-3180	330	10	interest	interest	NOUN
cjal-3180	330	11	in	in	ADP
cjal-3180	330	12	giordano	giordano	PROPN
cjal-3180	330	13	(	(	PUNCT
cjal-3180	330	14	which	which	PRON
cjal-3180	330	15	he	he	PRON
cjal-3180	330	16	originally	originally	ADV
cjal-3180	330	17	founded	found	VERB
cjal-3180	330	18	)	)	PUNCT
cjal-3180	330	19	following	follow	VERB
cjal-3180	330	20	a	a	DET
cjal-3180	330	21	dispute	dispute	NOUN
cjal-3180	330	22	with	with	ADP
cjal-3180	330	23	beijing	beijing	PROPN
cjal-3180	330	24	authorities	authority	NOUN
cjal-3180	330	25	arising	arise	VERB
cjal-3180	330	26	after	after	SCONJ
cjal-3180	330	27	he	he	PRON
cjal-3180	330	28	made	make	VERB
cjal-3180	330	29	comments	comment	NOUN
cjal-3180	330	30	critical	critical	ADJ
cjal-3180	330	31	of	of	ADP
cjal-3180	330	32	deng	deng	PROPN
cjal-3180	330	33	xiaoping	xiaoping	PROPN
cjal-3180	330	34	)	)	PUNCT
cjal-3180	330	35	.	.	PUNCT
cjal-3180	331	1	100	100	NUM
cjal-3180	331	2	.	.	PUNCT
cjal-3180	332	1	clifford	clifford	PROPN
cjal-3180	332	2	,	,	PUNCT
cjal-3180	332	3	supra	supra	PROPN
cjal-3180	332	4	note	note	PROPN
cjal-3180	332	5	7	7	NUM
cjal-3180	332	6	,	,	PUNCT
cjal-3180	332	7	at	at	ADP
cjal-3180	332	8	42	42	NUM
cjal-3180	332	9	.	.	PUNCT
cjal-3180	333	1	[	[	X
cjal-3180	333	2	12:1	12:1	NUM
cjal-3180	333	3	m	m	PROPN
cjal-3180	333	4	&	&	CCONJ
cjal-3180	333	5	a	a	DET
cjal-3180	333	6	regulations	regulation	NOUN
cjal-3180	333	7	in	in	ADP
cjal-3180	333	8	hong	hong	PROPN
cjal-3180	333	9	kong	kong	PROPN
cjal-3180	333	10	defensive	defensive	ADJ
cjal-3180	333	11	tactics	tactic	NOUN
cjal-3180	333	12	could	could	AUX
cjal-3180	333	13	become	become	VERB
cjal-3180	333	14	troublesome	troublesome	ADJ
cjal-3180	333	15	.	.	PUNCT
cjal-3180	334	1	one	one	NUM
cjal-3180	334	2	such	such	ADJ
cjal-3180	334	3	disfavored	disfavored	ADJ
cjal-3180	334	4	practice	practice	NOUN
cjal-3180	334	5	is	be	AUX
cjal-3180	334	6	that	that	PRON
cjal-3180	334	7	of	of	ADP
cjal-3180	334	8	"	"	PUNCT
cjal-3180	334	9	front	front	ADV
cjal-3180	334	10	-	-	PUNCT
cjal-3180	334	11	loaded	load	VERB
cjal-3180	334	12	"	"	PUNCT
cjal-3180	334	13	or	or	CCONJ
cjal-3180	334	14	coercive	coercive	ADJ
cjal-3180	334	15	offers	offer	NOUN
cjal-3180	334	16	.	.	PUNCT
cjal-3180	334	17	'o	'o	PART
cjal-3180	334	18	these	these	DET
cjal-3180	334	19	transactions	transaction	NOUN
cjal-3180	334	20	,	,	PUNCT
cjal-3180	334	21	common	common	ADJ
cjal-3180	334	22	in	in	ADP
cjal-3180	334	23	the	the	DET
cjal-3180	334	24	early	early	ADJ
cjal-3180	334	25	days	day	NOUN
cjal-3180	334	26	of	of	ADP
cjal-3180	334	27	securities	security	NOUN
cjal-3180	334	28	markets	market	NOUN
cjal-3180	334	29	,	,	PUNCT
cjal-3180	334	30	involve	involve	VERB
cjal-3180	334	31	an	an	DET
cjal-3180	334	32	offer	offer	NOUN
cjal-3180	334	33	to	to	PART
cjal-3180	334	34	purchase	purchase	VERB
cjal-3180	334	35	a	a	DET
cjal-3180	334	36	controlling	control	VERB
cjal-3180	334	37	amount	amount	NOUN
cjal-3180	334	38	of	of	ADP
cjal-3180	334	39	shares	share	NOUN
cjal-3180	334	40	coupled	couple	VERB
cjal-3180	334	41	with	with	ADP
cjal-3180	334	42	the	the	DET
cjal-3180	334	43	statement	statement	NOUN
cjal-3180	334	44	that	that	SCONJ
cjal-3180	334	45	the	the	DET
cjal-3180	334	46	price	price	NOUN
cjal-3180	334	47	offered	offer	VERB
cjal-3180	334	48	will	will	AUX
cjal-3180	334	49	not	not	PART
cjal-3180	334	50	be	be	AUX
cjal-3180	334	51	available	available	ADJ
cjal-3180	334	52	after	after	SCONJ
cjal-3180	334	53	a	a	DET
cjal-3180	334	54	control	control	NOUN
cjal-3180	334	55	block	block	NOUN
cjal-3180	334	56	has	have	AUX
cjal-3180	334	57	been	be	AUX
cjal-3180	334	58	acquired	acquire	VERB
cjal-3180	334	59	,	,	PUNCT
cjal-3180	334	60	or	or	CCONJ
cjal-3180	334	61	after	after	ADP
cjal-3180	334	62	a	a	DET
cjal-3180	334	63	short	short	ADJ
cjal-3180	334	64	period	period	NOUN
cjal-3180	334	65	of	of	ADP
cjal-3180	334	66	time	time	NOUN
cjal-3180	334	67	.	.	PUNCT
cjal-3180	335	1	there	there	PRON
cjal-3180	335	2	is	be	VERB
cjal-3180	335	3	also	also	ADV
cjal-3180	335	4	often	often	ADV
cjal-3180	335	5	an	an	DET
cjal-3180	335	6	understanding	understanding	NOUN
cjal-3180	335	7	that	that	PRON
cjal-3180	335	8	the	the	DET
cjal-3180	335	9	offer	offer	NOUN
cjal-3180	335	10	will	will	AUX
cjal-3180	335	11	be	be	AUX
cjal-3180	335	12	followed	follow	VERB
cjal-3180	335	13	by	by	ADP
cjal-3180	335	14	a	a	DET
cjal-3180	335	15	freezeout	freezeout	NOUN
cjal-3180	335	16	merger	merger	NOUN
cjal-3180	335	17	at	at	ADP
cjal-3180	335	18	a	a	DET
cjal-3180	335	19	lower	low	ADJ
cjal-3180	335	20	price	price	NOUN
cjal-3180	335	21	.	.	PUNCT
cjal-3180	336	1	such	such	ADJ
cjal-3180	336	2	offers	offer	NOUN
cjal-3180	336	3	pressure	pressure	NOUN
cjal-3180	336	4	shareholders	shareholder	NOUN
cjal-3180	336	5	to	to	PART
cjal-3180	336	6	tender	tender	VERB
cjal-3180	336	7	their	their	PRON
cjal-3180	336	8	shares	share	NOUN
cjal-3180	336	9	immediately	immediately	ADV
cjal-3180	336	10	since	since	SCONJ
cjal-3180	336	11	delay	delay	NOUN
cjal-3180	336	12	could	could	AUX
cjal-3180	336	13	result	result	VERB
cjal-3180	336	14	in	in	ADP
cjal-3180	336	15	a	a	DET
cjal-3180	336	16	loss	loss	NOUN
cjal-3180	336	17	of	of	ADP
cjal-3180	336	18	not	not	PART
cjal-3180	336	19	just	just	ADV
cjal-3180	336	20	the	the	DET
cjal-3180	336	21	initial	initial	ADJ
cjal-3180	336	22	price	price	NOUN
cjal-3180	336	23	,	,	PUNCT
cjal-3180	336	24	but	but	CCONJ
cjal-3180	336	25	also	also	ADV
cjal-3180	336	26	a	a	DET
cjal-3180	336	27	forced	force	VERB
cjal-3180	336	28	sale	sale	NOUN
cjal-3180	336	29	at	at	ADP
cjal-3180	336	30	the	the	DET
cjal-3180	336	31	lower	low	ADJ
cjal-3180	336	32	freezeout	freezeout	NOUN
cjal-3180	336	33	price	price	NOUN
cjal-3180	336	34	.	.	PUNCT
cjal-3180	337	1	in	in	ADP
cjal-3180	337	2	practice	practice	NOUN
cjal-3180	337	3	,	,	PUNCT
cjal-3180	337	4	this	this	PRON
cjal-3180	337	5	tends	tend	VERB
cjal-3180	337	6	to	to	PART
cjal-3180	337	7	adversely	adversely	ADV
cjal-3180	337	8	affect	affect	VERB
cjal-3180	337	9	the	the	DET
cjal-3180	337	10	ability	ability	NOUN
cjal-3180	337	11	of	of	ADP
cjal-3180	337	12	a	a	DET
cjal-3180	337	13	firm	firm	NOUN
cjal-3180	337	14	's	's	PART
cjal-3180	337	15	board	board	NOUN
cjal-3180	337	16	of	of	ADP
cjal-3180	337	17	directors	director	NOUN
cjal-3180	337	18	to	to	PART
cjal-3180	337	19	create	create	VERB
cjal-3180	337	20	an	an	DET
cjal-3180	337	21	auction	auction	NOUN
cjal-3180	337	22	or	or	CCONJ
cjal-3180	337	23	otherwise	otherwise	ADV
cjal-3180	337	24	assist	assist	VERB
cjal-3180	337	25	shareholders	shareholder	NOUN
cjal-3180	337	26	in	in	ADP
cjal-3180	337	27	getting	get	VERB
cjal-3180	337	28	the	the	DET
cjal-3180	337	29	best	good	ADJ
cjal-3180	337	30	price	price	NOUN
cjal-3180	337	31	possible.10	possible.10	NOUN
cjal-3180	337	32	2	2	NUM
cjal-3180	337	33	the	the	DET
cjal-3180	337	34	result	result	NOUN
cjal-3180	337	35	is	be	AUX
cjal-3180	337	36	that	that	SCONJ
cjal-3180	337	37	even	even	ADV
cjal-3180	337	38	"	"	PUNCT
cjal-3180	337	39	low	low	ADJ
cjal-3180	337	40	-	-	PUNCT
cjal-3180	337	41	ball	ball	NOUN
cjal-3180	337	42	"	"	PUNCT
cjal-3180	337	43	bids	bid	NOUN
cjal-3180	337	44	may	may	AUX
cjal-3180	337	45	succeed	succeed	VERB
cjal-3180	337	46	.	.	PUNCT
cjal-3180	338	1	front	front	ADJ
cjal-3180	338	2	-	-	PUNCT
cjal-3180	338	3	loaded	load	VERB
cjal-3180	338	4	offers	offer	NOUN
cjal-3180	338	5	gain	gain	VERB
cjal-3180	338	6	much	much	ADJ
cjal-3180	338	7	of	of	ADP
cjal-3180	338	8	their	their	PRON
cjal-3180	338	9	power	power	NOUN
cjal-3180	338	10	from	from	ADP
cjal-3180	338	11	the	the	DET
cjal-3180	338	12	uncertainty	uncertainty	NOUN
cjal-3180	338	13	that	that	PRON
cjal-3180	338	14	surrounds	surround	VERB
cjal-3180	338	15	the	the	DET
cjal-3180	338	16	valuation	valuation	NOUN
cjal-3180	338	17	of	of	ADP
cjal-3180	338	18	a	a	DET
cjal-3180	338	19	corporation	corporation	NOUN
cjal-3180	338	20	,	,	PUNCT
cjal-3180	338	21	especially	especially	ADV
cjal-3180	338	22	in	in	ADP
cjal-3180	338	23	a	a	DET
cjal-3180	338	24	highly	highly	ADV
cjal-3180	338	25	time	time	NOUN
cjal-3180	338	26	-	-	PUNCT
cjal-3180	338	27	pressured	pressured	ADJ
cjal-3180	338	28	situation	situation	NOUN
cjal-3180	338	29	or	or	CCONJ
cjal-3180	338	30	when	when	SCONJ
cjal-3180	338	31	a	a	DET
cjal-3180	338	32	hostile	hostile	ADJ
cjal-3180	338	33	offer	offer	NOUN
cjal-3180	338	34	is	be	AUX
cjal-3180	338	35	made	make	VERB
cjal-3180	338	36	.	.	PUNCT
cjal-3180	339	1	03	03	NUM
cjal-3180	340	1	this	this	DET
cjal-3180	340	2	uncertainty	uncertainty	NOUN
cjal-3180	340	3	arises	arise	VERB
cjal-3180	340	4	even	even	ADV
cjal-3180	340	5	in	in	ADP
cjal-3180	340	6	well	well	ADV
cjal-3180	340	7	-	-	PUNCT
cjal-3180	340	8	developed	develop	VERB
cjal-3180	340	9	securities	security	NOUN
cjal-3180	340	10	markets	market	NOUN
cjal-3180	340	11	with	with	ADP
cjal-3180	340	12	extensive	extensive	ADJ
cjal-3180	340	13	and	and	CCONJ
cjal-3180	340	14	well	well	ADV
cjal-3180	340	15	-	-	PUNCT
cjal-3180	340	16	enforced	enforce	VERB
cjal-3180	340	17	disclosure	disclosure	NOUN
cjal-3180	340	18	requirements	requirement	NOUN
cjal-3180	340	19	.	.	PUNCT
cjal-3180	341	1	but	but	CCONJ
cjal-3180	341	2	it	it	PRON
cjal-3180	341	3	is	be	AUX
cjal-3180	341	4	particularly	particularly	ADV
cjal-3180	341	5	likely	likely	ADJ
cjal-3180	341	6	to	to	PART
cjal-3180	341	7	prove	prove	VERB
cjal-3180	341	8	troublesome	troublesome	ADJ
cjal-3180	341	9	in	in	ADP
cjal-3180	341	10	hong	hong	PROPN
cjal-3180	341	11	kong	kong	PROPN
cjal-3180	341	12	where	where	SCONJ
cjal-3180	341	13	substantial	substantial	ADJ
cjal-3180	341	14	discrepancies	discrepancy	NOUN
cjal-3180	341	15	routinely	routinely	ADV
cjal-3180	341	16	arise	arise	VERB
cjal-3180	341	17	in	in	ADP
cjal-3180	341	18	firm	firm	ADJ
cjal-3180	341	19	valuations	valuation	NOUN
cjal-3180	341	20	.	.	PUNCT
cjal-3180	342	1	04	04	NUM
cjal-3180	343	1	moreover	moreover	ADV
cjal-3180	343	2	,	,	PUNCT
cjal-3180	343	3	political	political	ADJ
cjal-3180	343	4	risk	risk	NOUN
cjal-3180	343	5	affects	affect	VERB
cjal-3180	343	6	the	the	DET
cjal-3180	343	7	valuation	valuation	NOUN
cjal-3180	343	8	of	of	ADP
cjal-3180	343	9	a	a	DET
cjal-3180	343	10	firm	firm	NOUN
cjal-3180	343	11	and	and	CCONJ
cjal-3180	343	12	could	could	AUX
cjal-3180	343	13	add	add	VERB
cjal-3180	343	14	greatly	greatly	ADV
cjal-3180	343	15	to	to	ADP
cjal-3180	343	16	the	the	DET
cjal-3180	343	17	coercive	coercive	ADJ
cjal-3180	343	18	power	power	NOUN
cjal-3180	343	19	of	of	ADP
cjal-3180	343	20	offers	offer	NOUN
cjal-3180	343	21	targeting	target	VERB
cjal-3180	343	22	foreign	foreign	ADJ
cjal-3180	343	23	firms	firm	NOUN
cjal-3180	343	24	since	since	SCONJ
cjal-3180	343	25	western	western	ADJ
cjal-3180	343	26	investors	investor	NOUN
cjal-3180	343	27	appear	appear	VERB
cjal-3180	343	28	to	to	PART
cjal-3180	343	29	perceive	perceive	VERB
cjal-3180	343	30	higher	high	ADJ
cjal-3180	343	31	political	political	ADJ
cjal-3180	343	32	risk	risk	NOUN
cjal-3180	343	33	in	in	ADP
cjal-3180	343	34	hong	hong	PROPN
cjal-3180	343	35	kong	kong	PROPN
cjal-3180	343	36	than	than	ADP
cjal-3180	343	37	chinese	chinese	ADJ
cjal-3180	343	38	investors	investor	NOUN
cjal-3180	343	39	.	.	PUNCT
cjal-3180	344	1	05	05	NUM
cjal-3180	345	1	101	101	NUM
cjal-3180	345	2	.	.	PUNCT
cjal-3180	346	1	these	these	DET
cjal-3180	346	2	transactions	transaction	NOUN
cjal-3180	346	3	are	be	AUX
cjal-3180	346	4	forbidden	forbid	VERB
cjal-3180	346	5	by	by	ADP
cjal-3180	346	6	general	general	ADJ
cjal-3180	346	7	principle	principle	ADJ
cjal-3180	346	8	number	number	NOUN
cjal-3180	346	9	4	4	NUM
cjal-3180	346	10	of	of	ADP
cjal-3180	346	11	the	the	DET
cjal-3180	346	12	code	code	NOUN
cjal-3180	346	13	,	,	PUNCT
cjal-3180	346	14	which	which	PRON
cjal-3180	346	15	requires	require	VERB
cjal-3180	346	16	that	that	SCONJ
cjal-3180	346	17	"	"	PUNCT
cjal-3180	346	18	shareholders	shareholder	NOUN
cjal-3180	346	19	must	must	AUX
cjal-3180	346	20	be	be	AUX
cjal-3180	346	21	given	give	VERB
cjal-3180	346	22	sufficient	sufficient	ADJ
cjal-3180	346	23	time	time	NOUN
cjal-3180	346	24	to	to	PART
cjal-3180	346	25	consider	consider	VERB
cjal-3180	346	26	[	[	PUNCT
cjal-3180	346	27	the	the	DET
cjal-3180	346	28	offer	offer	NOUN
cjal-3180	346	29	]	]	PUNCT
cjal-3180	346	30	properly	properly	ADV
cjal-3180	346	31	.	.	PUNCT
cjal-3180	346	32	"	"	PUNCT
cjal-3180	347	1	securities	security	NOUN
cjal-3180	347	2	laws	law	NOUN
cjal-3180	347	3	in	in	ADP
cjal-3180	347	4	most	most	ADJ
cjal-3180	347	5	other	other	ADJ
cjal-3180	347	6	major	major	ADJ
cjal-3180	347	7	markets	market	NOUN
cjal-3180	347	8	also	also	ADV
cjal-3180	347	9	ban	ban	VERB
cjal-3180	347	10	these	these	DET
cjal-3180	347	11	transactions	transaction	NOUN
cjal-3180	347	12	,	,	PUNCT
cjal-3180	347	13	whether	whether	SCONJ
cjal-3180	347	14	through	through	ADP
cjal-3180	347	15	similar	similar	ADJ
cjal-3180	347	16	general	general	ADJ
cjal-3180	347	17	principles	principle	NOUN
cjal-3180	347	18	(	(	PUNCT
cjal-3180	347	19	britain	britain	PROPN
cjal-3180	347	20	)	)	PUNCT
cjal-3180	347	21	or	or	CCONJ
cjal-3180	347	22	statutes	statute	NOUN
cjal-3180	347	23	(	(	PUNCT
cjal-3180	347	24	the	the	DET
cjal-3180	347	25	united	united	PROPN
cjal-3180	347	26	states	states	PROPN
cjal-3180	347	27	and	and	CCONJ
cjal-3180	347	28	australia	australia	PROPN
cjal-3180	347	29	)	)	PUNCT
cjal-3180	347	30	.	.	PUNCT
cjal-3180	348	1	102	102	NUM
cjal-3180	348	2	.	.	PUNCT
cjal-3180	349	1	it	it	PRON
cjal-3180	349	2	does	do	AUX
cjal-3180	349	3	so	so	ADV
cjal-3180	349	4	both	both	PRON
cjal-3180	349	5	by	by	ADP
cjal-3180	349	6	decreasing	decrease	VERB
cjal-3180	349	7	the	the	DET
cjal-3180	349	8	time	time	NOUN
cjal-3180	349	9	available	available	ADJ
cjal-3180	349	10	to	to	ADP
cjal-3180	349	11	the	the	DET
cjal-3180	349	12	board	board	NOUN
cjal-3180	349	13	or	or	CCONJ
cjal-3180	349	14	to	to	ADP
cjal-3180	349	15	shareholders	shareholder	NOUN
cjal-3180	349	16	to	to	PART
cjal-3180	349	17	scekor	scekor	AUX
cjal-3180	349	18	evaluate	evaluate	VERB
cjal-3180	349	19	competing	compete	VERB
cjal-3180	349	20	bids	bid	NOUN
cjal-3180	349	21	,	,	PUNCT
cjal-3180	349	22	and	and	CCONJ
cjal-3180	349	23	by	by	ADP
cjal-3180	349	24	decreasing	decrease	VERB
cjal-3180	349	25	the	the	DET
cjal-3180	349	26	willingness	willingness	NOUN
cjal-3180	349	27	of	of	ADP
cjal-3180	349	28	other	other	ADJ
cjal-3180	349	29	potential	potential	ADJ
cjal-3180	349	30	acquirers	acquirer	NOUN
cjal-3180	349	31	to	to	PART
cjal-3180	349	32	make	make	VERB
cjal-3180	349	33	an	an	DET
cjal-3180	349	34	offer	offer	NOUN
cjal-3180	349	35	since	since	SCONJ
cjal-3180	349	36	the	the	DET
cjal-3180	349	37	purchaser	purchaser	NOUN
cjal-3180	349	38	that	that	PRON
cjal-3180	349	39	made	make	VERB
cjal-3180	349	40	the	the	DET
cjal-3180	349	41	"	"	PUNCT
cjal-3180	349	42	front	front	ADJ
cjal-3180	349	43	-	-	PUNCT
cjal-3180	349	44	loaded	load	VERB
cjal-3180	349	45	"	"	PUNCT
cjal-3180	349	46	offer	offer	NOUN
cjal-3180	349	47	already	already	ADV
cjal-3180	349	48	has	have	VERB
cjal-3180	349	49	a	a	DET
cjal-3180	349	50	substantial	substantial	ADJ
cjal-3180	349	51	advantage	advantage	NOUN
cjal-3180	349	52	.	.	PUNCT
cjal-3180	350	1	moreover	moreover	ADV
cjal-3180	350	2	,	,	PUNCT
cjal-3180	350	3	the	the	DET
cjal-3180	350	4	time	time	NOUN
cjal-3180	350	5	pressure	pressure	NOUN
cjal-3180	350	6	impedes	impede	VERB
cjal-3180	350	7	communication	communication	NOUN
cjal-3180	350	8	between	between	ADP
cjal-3180	350	9	the	the	DET
cjal-3180	350	10	board	board	NOUN
cjal-3180	350	11	and	and	CCONJ
cjal-3180	350	12	shareholders	shareholder	NOUN
cjal-3180	350	13	,	,	PUNCT
cjal-3180	350	14	as	as	ADV
cjal-3180	350	15	well	well	ADV
cjal-3180	350	16	as	as	ADP
cjal-3180	350	17	accurate	accurate	ADJ
cjal-3180	350	18	analysis	analysis	NOUN
cjal-3180	350	19	of	of	ADP
cjal-3180	350	20	the	the	DET
cjal-3180	350	21	sufficiency	sufficiency	NOUN
cjal-3180	350	22	or	or	CCONJ
cjal-3180	350	23	viability	viability	NOUN
cjal-3180	350	24	of	of	ADP
cjal-3180	350	25	the	the	DET
cjal-3180	350	26	bid	bid	NOUN
cjal-3180	350	27	.	.	PUNCT
cjal-3180	351	1	103	103	NUM
cjal-3180	351	2	.	.	PUNCT
cjal-3180	352	1	obviously	obviously	ADV
cjal-3180	352	2	,	,	PUNCT
cjal-3180	352	3	if	if	SCONJ
cjal-3180	352	4	a	a	DET
cjal-3180	352	5	finn	finn	PROPN
cjal-3180	352	6	's	's	PART
cjal-3180	352	7	value	value	NOUN
cjal-3180	352	8	could	could	AUX
cjal-3180	352	9	be	be	AUX
cjal-3180	352	10	objectively	objectively	ADV
cjal-3180	352	11	calculated	calculate	VERB
cjal-3180	352	12	in	in	ADP
cjal-3180	352	13	a	a	DET
cjal-3180	352	14	manner	manner	NOUN
cjal-3180	352	15	that	that	PRON
cjal-3180	352	16	everyone	everyone	PRON
cjal-3180	352	17	involved	involve	VERB
cjal-3180	352	18	agreed	agree	VERB
cjal-3180	352	19	with	with	ADP
cjal-3180	352	20	,	,	PUNCT
cjal-3180	352	21	offersbelow	offersbelow	ADJ
cjal-3180	352	22	this	this	PRON
cjal-3180	352	23	valuewould	valuewould	AUX
cjal-3180	352	24	have	have	VERB
cjal-3180	352	25	littlechance	littlechance	NOUN
cjal-3180	352	26	ofsuccess	ofsuccess	NOUN
cjal-3180	352	27	(	(	PUNCT
cjal-3180	352	28	since	since	SCONJ
cjal-3180	352	29	shareholders	shareholder	NOUN
cjal-3180	352	30	could	could	AUX
cjal-3180	352	31	rationally	rationally	ADV
cjal-3180	352	32	expect	expect	VERB
cjal-3180	352	33	that	that	SCONJ
cjal-3180	352	34	other	other	ADJ
cjal-3180	352	35	shareholders	shareholder	NOUN
cjal-3180	352	36	would	would	AUX
cjal-3180	352	37	not	not	PART
cjal-3180	352	38	sell	sell	VERB
cjal-3180	352	39	for	for	ADP
cjal-3180	352	40	less	less	ADJ
cjal-3180	352	41	than	than	ADP
cjal-3180	352	42	this	this	DET
cjal-3180	352	43	price	price	NOUN
cjal-3180	352	44	)	)	PUNCT
cjal-3180	352	45	.	.	PUNCT
cjal-3180	353	1	unfortunately	unfortunately	ADV
cjal-3180	353	2	,	,	PUNCT
cjal-3180	353	3	most	most	ADJ
cjal-3180	353	4	transactions	transaction	NOUN
cjal-3180	353	5	lack	lack	VERB
cjal-3180	353	6	such	such	ADJ
cjal-3180	353	7	unanimity	unanimity	NOUN
cjal-3180	353	8	on	on	ADP
cjal-3180	353	9	the	the	DET
cjal-3180	353	10	value	value	NOUN
cjal-3180	353	11	of	of	ADP
cjal-3180	353	12	the	the	DET
cjal-3180	353	13	target	target	NOUN
cjal-3180	353	14	firm	firm	NOUN
cjal-3180	353	15	.	.	PUNCT
cjal-3180	354	1	this	this	PRON
cjal-3180	354	2	puts	put	VERB
cjal-3180	354	3	pressure	pressure	NOUN
cjal-3180	354	4	even	even	ADV
cjal-3180	354	5	on	on	ADP
cjal-3180	354	6	optimistic	optimistic	ADJ
cjal-3180	354	7	shareholders	shareholder	NOUN
cjal-3180	354	8	,	,	PUNCT
cjal-3180	354	9	since	since	SCONJ
cjal-3180	354	10	they	they	PRON
cjal-3180	354	11	can	can	AUX
cjal-3180	354	12	not	not	PART
cjal-3180	354	13	be	be	AUX
cjal-3180	354	14	sure	sure	ADJ
cjal-3180	354	15	that	that	SCONJ
cjal-3180	354	16	other	other	ADJ
cjal-3180	354	17	shareholders	shareholder	NOUN
cjal-3180	354	18	share	share	VERB
cjal-3180	354	19	their	their	PRON
cjal-3180	354	20	assessment	assessment	NOUN
cjal-3180	354	21	of	of	ADP
cjal-3180	354	22	the	the	DET
cjal-3180	354	23	firm	firm	NOUN
cjal-3180	354	24	's	's	PART
cjal-3180	354	25	value	value	NOUN
cjal-3180	354	26	.	.	PUNCT
cjal-3180	355	1	104	104	X
cjal-3180	355	2	.	.	PUNCT
cjal-3180	356	1	see	see	VERB
cjal-3180	356	2	lyons	lyon	NOUN
cjal-3180	356	3	,	,	PUNCT
cjal-3180	356	4	supra	supra	PROPN
cjal-3180	356	5	note	note	NOUN
cjal-3180	356	6	58	58	NUM
cjal-3180	356	7	.	.	PUNCT
cjal-3180	357	1	non	non	ADJ
cjal-3180	357	2	-	-	ADJ
cjal-3180	357	3	compliancewith	compliancewith	ADJ
cjal-3180	357	4	disclosure	disclosure	NOUN
cjal-3180	357	5	regulations	regulation	NOUN
cjal-3180	357	6	would	would	AUX
cjal-3180	357	7	also	also	ADV
cjal-3180	357	8	foster	foster	VERB
cjal-3180	357	9	uncertainty	uncertainty	NOUN
cjal-3180	357	10	.	.	PUNCT
cjal-3180	358	1	105	105	NUM
cjal-3180	358	2	.	.	PUNCT
cjal-3180	359	1	miller	miller	PROPN
cjal-3180	359	2	,	,	PUNCT
cjal-3180	359	3	supra	supra	PROPN
cjal-3180	359	4	note	note	NOUN
cjal-3180	359	5	44	44	NUM
cjal-3180	359	6	,	,	PUNCT
cjal-3180	359	7	at	at	ADP
cjal-3180	359	8	36	36	NUM
cjal-3180	359	9	(	(	PUNCT
cjal-3180	359	10	quoting	quote	VERB
cjal-3180	359	11	kal	kal	PROPN
cjal-3180	359	12	kuan	kuan	PROPN
cjal-3180	359	13	,	,	PUNCT
cjal-3180	359	14	general	general	ADJ
cjal-3180	359	15	manager	manager	NOUN
cjal-3180	359	16	and	and	CCONJ
cjal-3180	359	17	director	director	NOUN
cjal-3180	359	18	of	of	ADP
cjal-3180	359	19	guangzhou	guangzhou	PROPN
cjal-3180	359	20	nanfangtransmission	nanfangtransmission	PROPN
cjal-3180	359	21	systems	systems	PROPN
cjal-3180	359	22	co.	co.	PROPN
cjal-3180	359	23	,	,	PUNCT
cjal-3180	359	24	a	a	DET
cjal-3180	359	25	guangzhou	guangzhou	PROPN
cjal-3180	359	26	,	,	PUNCT
cjal-3180	359	27	china	china	PROPN
cjal-3180	359	28	-	-	PUNCT
cjal-3180	359	29	basedjoint	basedjoint	NOUN
cjal-3180	359	30	venture	venture	NOUN
cjal-3180	359	31	of	of	ADP
cjal-3180	359	32	siemens	siemens	PROPN
cjal-3180	359	33	ag	ag	PROPN
cjal-3180	359	34	)	)	PUNCT
cjal-3180	359	35	.	.	PUNCT
cjal-3180	360	1	19981	19981	NUM
cjal-3180	360	2	columbia	columbia	PROPN
cjal-3180	360	3	journal	journal	PROPN
cjal-3180	360	4	of	of	ADP
cjal-3180	360	5	asian	asian	ADJ
cjal-3180	360	6	law	law	NOUN
cjal-3180	360	7	other	other	ADJ
cjal-3180	360	8	generally	generally	ADV
cjal-3180	360	9	forbidden	forbid	VERB
cjal-3180	360	10	practices	practice	NOUN
cjal-3180	360	11	such	such	ADJ
cjal-3180	360	12	as	as	ADP
cjal-3180	360	13	"	"	PUNCT
cjal-3180	360	14	unequal	unequal	ADJ
cjal-3180	360	15	offers	offer	NOUN
cjal-3180	360	16	"	"	PUNCT
cjal-3180	360	17	and	and	CCONJ
cjal-3180	360	18	"	"	PUNCT
cjal-3180	360	19	creeping	creep	VERB
cjal-3180	360	20	control	control	NOUN
cjal-3180	360	21	acquisitions	acquisition	NOUN
cjal-3180	360	22	"	"	PUNCT
cjal-3180	360	23	differ	differ	VERB
cjal-3180	360	24	from	from	ADP
cjal-3180	360	25	front	front	NOUN
cjal-3180	360	26	-	-	PUNCT
cjal-3180	360	27	loaded	load	VERB
cjal-3180	360	28	offers	offer	NOUN
cjal-3180	360	29	in	in	SCONJ
cjal-3180	360	30	that	that	SCONJ
cjal-3180	360	31	they	they	PRON
cjal-3180	360	32	gain	gain	VERB
cjal-3180	360	33	their	their	PRON
cjal-3180	360	34	primary	primary	ADJ
cjal-3180	360	35	effectiveness	effectiveness	NOUN
cjal-3180	360	36	from	from	ADP
cjal-3180	360	37	weak	weak	ADJ
cjal-3180	360	38	or	or	CCONJ
cjal-3180	360	39	non	non	ADJ
cjal-3180	360	40	-	-	ADJ
cjal-3180	360	41	existent	existent	ADJ
cjal-3180	360	42	disclosure	disclosure	NOUN
cjal-3180	360	43	regulations	regulation	NOUN
cjal-3180	360	44	.	.	PUNCT
cjal-3180	361	1	unequal	unequal	ADJ
cjal-3180	361	2	offers	offer	NOUN
cjal-3180	361	3	refer	refer	VERB
cjal-3180	361	4	to	to	ADP
cjal-3180	361	5	the	the	DET
cjal-3180	361	6	practice	practice	NOUN
cjal-3180	361	7	of	of	ADP
cjal-3180	361	8	some	some	DET
cjal-3180	361	9	acquirers	acquirer	NOUN
cjal-3180	361	10	to	to	PART
cjal-3180	361	11	offer	offer	VERB
cjal-3180	361	12	different	different	ADJ
cjal-3180	361	13	prices	price	NOUN
cjal-3180	361	14	or	or	CCONJ
cjal-3180	361	15	terms	term	NOUN
cjal-3180	361	16	for	for	ADP
cjal-3180	361	17	identical	identical	ADJ
cjal-3180	361	18	securities	security	NOUN
cjal-3180	361	19	to	to	ADP
cjal-3180	361	20	various	various	ADJ
cjal-3180	361	21	groups	group	NOUN
cjal-3180	361	22	of	of	ADP
cjal-3180	361	23	shareholders	shareholder	NOUN
cjal-3180	361	24	in	in	ADP
cjal-3180	361	25	connection	connection	NOUN
cjal-3180	361	26	with	with	ADP
cjal-3180	361	27	an	an	DET
cjal-3180	361	28	acquisition	acquisition	NOUN
cjal-3180	361	29	.	.	PUNCT
cjal-3180	362	1	for	for	ADP
cjal-3180	362	2	instance	instance	NOUN
cjal-3180	362	3	,	,	PUNCT
cjal-3180	362	4	a	a	DET
cjal-3180	362	5	group	group	NOUN
cjal-3180	362	6	or	or	CCONJ
cjal-3180	362	7	individual	individual	ADJ
cjal-3180	362	8	holding	hold	VERB
cjal-3180	362	9	a	a	DET
cjal-3180	362	10	large	large	ADJ
cjal-3180	362	11	block	block	NOUN
cjal-3180	362	12	of	of	ADP
cjal-3180	362	13	stock	stock	NOUN
cjal-3180	362	14	might	might	AUX
cjal-3180	362	15	be	be	AUX
cjal-3180	362	16	offered	offer	VERB
cjal-3180	362	17	a	a	DET
cjal-3180	362	18	substantially	substantially	ADV
cjal-3180	362	19	higher	high	ADJ
cjal-3180	362	20	price	price	NOUN
cjal-3180	362	21	than	than	ADP
cjal-3180	362	22	that	that	PRON
cjal-3180	362	23	offered	offer	VERB
cjal-3180	362	24	to	to	ADP
cjal-3180	362	25	the	the	DET
cjal-3180	362	26	general	general	ADJ
cjal-3180	362	27	public	public	NOUN
cjal-3180	362	28	.	.	PUNCT
cjal-3180	363	1	'	'	NUM
cjal-3180	363	2	06	06	NUM
cjal-3180	363	3	as	as	ADP
cjal-3180	363	4	with	with	ADP
cjal-3180	363	5	coercive	coercive	ADJ
cjal-3180	363	6	or	or	CCONJ
cjal-3180	363	7	front	front	ADV
cjal-3180	363	8	-	-	PUNCT
cjal-3180	363	9	loaded	load	VERB
cjal-3180	363	10	offers	offer	NOUN
cjal-3180	363	11	,	,	PUNCT
cjal-3180	363	12	most	most	ADJ
cjal-3180	363	13	jurisdictions	jurisdiction	NOUN
cjal-3180	363	14	(	(	PUNCT
cjal-3180	363	15	including	include	VERB
cjal-3180	363	16	hong	hong	PROPN
cjal-3180	363	17	kong	kong	PROPN
cjal-3180	363	18	)	)	PUNCT
cjal-3180	363	19	prohibit	prohibit	VERB
cjal-3180	363	20	this	this	DET
cjal-3180	363	21	type	type	NOUN
cjal-3180	363	22	of	of	ADP
cjal-3180	363	23	offer	offer	NOUN
cjal-3180	363	24	because	because	SCONJ
cjal-3180	363	25	of	of	ADP
cjal-3180	363	26	the	the	DET
cjal-3180	363	27	potential	potential	NOUN
cjal-3180	363	28	for	for	ADP
cjal-3180	363	29	unfair	unfair	ADJ
cjal-3180	363	30	dealing	dealing	NOUN
cjal-3180	363	31	and	and	CCONJ
cjal-3180	363	32	a	a	DET
cjal-3180	363	33	distortion	distortion	NOUN
cjal-3180	363	34	of	of	ADP
cjal-3180	363	35	the	the	DET
cjal-3180	363	36	marketplace	marketplace	NOUN
cjal-3180	363	37	,	,	PUNCT
cjal-3180	363	38	as	as	ADV
cjal-3180	363	39	well	well	ADV
cjal-3180	363	40	as	as	ADP
cjal-3180	363	41	the	the	DET
cjal-3180	363	42	sense	sense	NOUN
cjal-3180	363	43	that	that	SCONJ
cjal-3180	363	44	identical	identical	ADJ
cjal-3180	363	45	shares	share	NOUN
cjal-3180	363	46	of	of	ADP
cjal-3180	363	47	a	a	DET
cjal-3180	363	48	company	company	NOUN
cjal-3180	363	49	should	should	AUX
cjal-3180	363	50	sell	sell	VERB
cjal-3180	363	51	for	for	ADP
cjal-3180	363	52	identical	identical	ADJ
cjal-3180	363	53	prices	price	NOUN
cjal-3180	363	54	.	.	PUNCT
cjal-3180	364	1	't	't	PROPN
cjal-3180	364	2	7	7	NUM
cjal-3180	364	3	ironically	ironically	ADV
cjal-3180	364	4	,	,	PUNCT
cjal-3180	364	5	in	in	ADP
cjal-3180	364	6	hong	hong	PROPN
cjal-3180	364	7	kong	kong	PROPN
cjal-3180	364	8	controlling	control	VERB
cjal-3180	364	9	shareholders	shareholder	NOUN
cjal-3180	364	10	may	may	AUX
cjal-3180	364	11	have	have	VERB
cjal-3180	364	12	the	the	DET
cjal-3180	364	13	most	most	ADJ
cjal-3180	364	14	to	to	PART
cjal-3180	364	15	worry	worry	VERB
cjal-3180	364	16	about	about	ADP
cjal-3180	364	17	in	in	ADP
cjal-3180	364	18	this	this	DET
cjal-3180	364	19	regard	regard	NOUN
cjal-3180	364	20	if	if	SCONJ
cjal-3180	364	21	political	political	ADJ
cjal-3180	364	22	influence	influence	NOUN
cjal-3180	364	23	is	be	AUX
cjal-3180	364	24	used	use	VERB
cjal-3180	364	25	to	to	PART
cjal-3180	364	26	coerce	coerce	VERB
cjal-3180	364	27	the	the	DET
cjal-3180	364	28	sale	sale	NOUN
cjal-3180	364	29	of	of	ADP
cjal-3180	364	30	control	control	NOUN
cjal-3180	364	31	blocks	block	NOUN
cjal-3180	364	32	at	at	ADP
cjal-3180	364	33	a	a	DET
cjal-3180	364	34	discount	discount	NOUN
cjal-3180	364	35	from	from	ADP
cjal-3180	364	36	the	the	DET
cjal-3180	364	37	market	market	NOUN
cjal-3180	364	38	price	price	NOUN
cjal-3180	364	39	.	.	PUNCT
cjal-3180	365	1	0	0	NUM
cjal-3180	365	2	8	8	NUM
cjal-3180	365	3	in	in	ADP
cjal-3180	365	4	any	any	DET
cjal-3180	365	5	case	case	NOUN
cjal-3180	365	6	,	,	PUNCT
cjal-3180	365	7	keeping	keep	VERB
cjal-3180	365	8	the	the	DET
cjal-3180	365	9	unequal	unequal	ADJ
cjal-3180	365	10	offer	offer	NOUN
cjal-3180	365	11	quiet	quiet	ADJ
cjal-3180	365	12	until	until	SCONJ
cjal-3180	365	13	after	after	ADP
cjal-3180	365	14	consummation	consummation	NOUN
cjal-3180	365	15	is	be	AUX
cjal-3180	365	16	usually	usually	ADV
cjal-3180	365	17	important	important	ADJ
cjal-3180	365	18	since	since	ADV
cjal-3180	365	19	,	,	PUNCT
cjal-3180	365	20	otherwise	otherwise	ADV
cjal-3180	365	21	,	,	PUNCT
cjal-3180	365	22	all	all	DET
cjal-3180	365	23	shareholders	shareholder	NOUN
cjal-3180	365	24	will	will	AUX
cjal-3180	365	25	try	try	VERB
cjal-3180	365	26	to	to	PART
cjal-3180	365	27	hold	hold	VERB
cjal-3180	365	28	out	out	ADP
cjal-3180	365	29	for	for	ADP
cjal-3180	365	30	the	the	DET
cjal-3180	365	31	higher	high	ADJ
cjal-3180	365	32	price	price	NOUN
cjal-3180	365	33	.	.	PUNCT
cjal-3180	366	1	well	well	ADV
cjal-3180	366	2	-	-	PUNCT
cjal-3180	366	3	enforced	enforce	VERB
cjal-3180	366	4	disclosure	disclosure	NOUN
cjal-3180	366	5	rules	rule	NOUN
cjal-3180	366	6	thus	thus	ADV
cjal-3180	366	7	substantially	substantially	ADV
cjal-3180	366	8	impede	impede	VERB
cjal-3180	366	9	the	the	DET
cjal-3180	366	10	effectiveness	effectiveness	NOUN
cjal-3180	366	11	of	of	ADP
cjal-3180	366	12	these	these	DET
cjal-3180	366	13	offers	offer	NOUN
cjal-3180	366	14	.	.	PUNCT
cjal-3180	367	1	creeping	creep	VERB
cjal-3180	367	2	control	control	NOUN
cjal-3180	367	3	acquisitions	acquisition	NOUN
cjal-3180	367	4	depend	depend	VERB
cjal-3180	367	5	even	even	ADV
cjal-3180	367	6	more	more	ADV
cjal-3180	367	7	on	on	ADP
cjal-3180	367	8	the	the	DET
cjal-3180	367	9	effectiveness	effectiveness	NOUN
cjal-3180	367	10	of	of	ADP
cjal-3180	367	11	enforcement	enforcement	NOUN
cjal-3180	367	12	of	of	ADP
cjal-3180	367	13	disclosure	disclosure	NOUN
cjal-3180	367	14	.	.	PUNCT
cjal-3180	368	1	an	an	DET
cjal-3180	368	2	acquirer	acquirer	NOUN
cjal-3180	368	3	pursuing	pursue	VERB
cjal-3180	368	4	a	a	DET
cjal-3180	368	5	creeping	creep	VERB
cjal-3180	368	6	control	control	NOUN
cjal-3180	368	7	acquisition	acquisition	NOUN
cjal-3180	368	8	simply	simply	ADV
cjal-3180	368	9	accumulates	accumulate	VERB
cjal-3180	368	10	a	a	DET
cjal-3180	368	11	control	control	NOUN
cjal-3180	368	12	block	block	NOUN
cjal-3180	368	13	over	over	ADP
cjal-3180	368	14	time	time	NOUN
cjal-3180	368	15	by	by	ADP
cjal-3180	368	16	purchasing	purchase	VERB
cjal-3180	368	17	the	the	DET
cjal-3180	368	18	stock	stock	NOUN
cjal-3180	368	19	on	on	ADP
cjal-3180	368	20	the	the	DET
cjal-3180	368	21	market	market	NOUN
cjal-3180	368	22	,	,	PUNCT
cjal-3180	368	23	without	without	ADP
cjal-3180	368	24	disclosing	disclose	VERB
cjal-3180	368	25	an	an	DET
cjal-3180	368	26	intent	intent	NOUN
cjal-3180	368	27	to	to	PART
cjal-3180	368	28	acquire	acquire	VERB
cjal-3180	368	29	the	the	DET
cjal-3180	368	30	target	target	NOUN
cjal-3180	368	31	.	.	PUNCT
cjal-3180	369	1	this	this	PRON
cjal-3180	369	2	generally	generally	ADV
cjal-3180	369	3	allows	allow	VERB
cjal-3180	369	4	the	the	DET
cjal-3180	369	5	acquirer	acquirer	NOUN
cjal-3180	369	6	to	to	PART
cjal-3180	369	7	purchase	purchase	VERB
cjal-3180	369	8	the	the	DET
cjal-3180	369	9	target	target	NOUN
cjal-3180	369	10	at	at	ADP
cjal-3180	369	11	a	a	DET
cjal-3180	369	12	cheaper	cheap	ADJ
cjal-3180	369	13	price	price	NOUN
cjal-3180	369	14	since	since	SCONJ
cjal-3180	369	15	tender	tender	NOUN
cjal-3180	369	16	offers	offer	NOUN
cjal-3180	369	17	virtually	virtually	ADV
cjal-3180	369	18	always	always	ADV
cjal-3180	369	19	require	require	VERB
cjal-3180	369	20	an	an	DET
cjal-3180	369	21	above	above	ADJ
cjal-3180	369	22	-	-	PUNCT
cjal-3180	369	23	market	market	NOUN
cjal-3180	369	24	price	price	NOUN
cjal-3180	369	25	to	to	PART
cjal-3180	369	26	succeed	succeed	VERB
cjal-3180	369	27	.	.	PUNCT
cjal-3180	370	1	more	more	ADV
cjal-3180	370	2	importantly	importantly	ADV
cjal-3180	370	3	,	,	PUNCT
cjal-3180	370	4	it	it	PRON
cjal-3180	370	5	does	do	AUX
cjal-3180	370	6	not	not	PART
cjal-3180	370	7	alert	alert	VERB
cjal-3180	370	8	the	the	DET
cjal-3180	370	9	target	target	NOUN
cjal-3180	370	10	company	company	NOUN
cjal-3180	370	11	or	or	CCONJ
cjal-3180	370	12	other	other	ADJ
cjal-3180	370	13	potential	potential	ADJ
cjal-3180	370	14	acquirers	acquirer	NOUN
cjal-3180	370	15	and	and	CCONJ
cjal-3180	370	16	thus	thus	ADV
cjal-3180	370	17	prevents	prevent	VERB
cjal-3180	370	18	early	early	ADJ
cjal-3180	370	19	implementation	implementation	NOUN
cjal-3180	370	20	of	of	ADP
cjal-3180	370	21	defenses	defense	NOUN
cjal-3180	370	22	and	and	CCONJ
cjal-3180	370	23	hinders	hinder	VERB
cjal-3180	370	24	competitive	competitive	ADJ
cjal-3180	370	25	bidding	bidding	NOUN
cjal-3180	370	26	or	or	CCONJ
cjal-3180	370	27	the	the	DET
cjal-3180	370	28	development	development	NOUN
cjal-3180	370	29	of	of	ADP
cjal-3180	370	30	an	an	DET
cjal-3180	370	31	auction.1	auction.1	NOUN
cjal-3180	370	32	9	9	NUM
cjal-3180	370	33	whether	whether	SCONJ
cjal-3180	370	34	106	106	NUM
cjal-3180	370	35	.	.	PUNCT
cjal-3180	371	1	these	these	DET
cjal-3180	371	2	offers	offer	NOUN
cjal-3180	371	3	have	have	AUX
cjal-3180	371	4	also	also	ADV
cjal-3180	371	5	been	be	AUX
cjal-3180	371	6	used	use	VERB
cjal-3180	371	7	in	in	ADP
cjal-3180	371	8	many	many	ADJ
cjal-3180	371	9	cases	case	NOUN
cjal-3180	371	10	to	to	PART
cjal-3180	371	11	induce	induce	VERB
cjal-3180	371	12	the	the	DET
cjal-3180	371	13	board	board	NOUN
cjal-3180	371	14	of	of	ADP
cjal-3180	371	15	directors	director	NOUN
cjal-3180	371	16	or	or	CCONJ
cjal-3180	371	17	management	management	NOUN
cjal-3180	371	18	of	of	ADP
cjal-3180	371	19	the	the	DET
cjal-3180	371	20	target	target	NOUN
cjal-3180	371	21	corporation	corporation	NOUN
cjal-3180	371	22	to	to	PART
cjal-3180	371	23	go	go	VERB
cjal-3180	371	24	along	along	ADV
cjal-3180	371	25	with	with	ADP
cjal-3180	371	26	the	the	DET
cjal-3180	371	27	deal	deal	NOUN
cjal-3180	371	28	by	by	ADP
cjal-3180	371	29	paying	pay	VERB
cjal-3180	371	30	a	a	DET
cjal-3180	371	31	higher	high	ADJ
cjal-3180	371	32	price	price	NOUN
cjal-3180	371	33	for	for	ADP
cjal-3180	371	34	the	the	DET
cjal-3180	371	35	shares	share	NOUN
cjal-3180	371	36	or	or	CCONJ
cjal-3180	371	37	options	option	NOUN
cjal-3180	371	38	they	they	PRON
cjal-3180	371	39	hold	hold	VERB
cjal-3180	371	40	.	.	PUNCT
cjal-3180	372	1	this	this	PRON
cjal-3180	372	2	creates	create	VERB
cjal-3180	372	3	a	a	DET
cjal-3180	372	4	conflict	conflict	NOUN
cjal-3180	372	5	of	of	ADP
cjal-3180	372	6	interest	interest	NOUN
cjal-3180	372	7	with	with	ADP
cjal-3180	372	8	the	the	DET
cjal-3180	372	9	rights	right	NOUN
cjal-3180	372	10	of	of	ADP
cjal-3180	372	11	other	other	ADJ
cjal-3180	372	12	shareholders	shareholder	NOUN
cjal-3180	372	13	.	.	PUNCT
cjal-3180	373	1	107	107	NUM
cjal-3180	373	2	.	.	PUNCT
cjal-3180	374	1	academic	academic	ADJ
cjal-3180	374	2	opinion	opinion	NOUN
cjal-3180	374	3	is	be	AUX
cjal-3180	374	4	somewhat	somewhat	ADV
cjal-3180	374	5	more	more	ADV
cjal-3180	374	6	divided	divided	ADJ
cjal-3180	374	7	,	,	PUNCT
cjal-3180	374	8	as	as	SCONJ
cjal-3180	374	9	some	some	DET
cjal-3180	374	10	scholars	scholar	NOUN
cjal-3180	374	11	argue	argue	VERB
cjal-3180	374	12	that	that	SCONJ
cjal-3180	374	13	unequal	unequal	ADJ
cjal-3180	374	14	offers	offer	NOUN
cjal-3180	374	15	simply	simply	ADV
cjal-3180	374	16	allow	allow	VERB
cjal-3180	374	17	controlling	control	VERB
cjal-3180	374	18	shareholders	shareholder	NOUN
cjal-3180	374	19	to	to	PART
cjal-3180	374	20	retain	retain	VERB
cjal-3180	374	21	a	a	DET
cjal-3180	374	22	control	control	NOUN
cjal-3180	374	23	premium	premium	NOUN
cjal-3180	374	24	rather	rather	ADV
cjal-3180	374	25	than	than	ADP
cjal-3180	374	26	dividing	divide	VERB
cjal-3180	374	27	it	it	PRON
cjal-3180	374	28	with	with	ADP
cjal-3180	374	29	minority	minority	NOUN
cjal-3180	374	30	shareholders	shareholder	NOUN
cjal-3180	374	31	(	(	PUNCT
cjal-3180	374	32	who	who	PRON
cjal-3180	374	33	they	they	PRON
cjal-3180	374	34	argue	argue	VERB
cjal-3180	374	35	get	get	VERB
cjal-3180	374	36	a	a	DET
cjal-3180	374	37	windfall	windfall	NOUN
cjal-3180	374	38	when	when	SCONJ
cjal-3180	374	39	their	their	PRON
cjal-3180	374	40	shares	share	NOUN
cjal-3180	374	41	,	,	PUNCT
cjal-3180	374	42	which	which	PRON
cjal-3180	374	43	do	do	AUX
cjal-3180	374	44	not	not	PART
cjal-3180	374	45	include	include	VERB
cjal-3180	374	46	control	control	NOUN
cjal-3180	374	47	of	of	ADP
cjal-3180	374	48	the	the	DET
cjal-3180	374	49	corporation	corporation	NOUN
cjal-3180	374	50	,	,	PUNCT
cjal-3180	374	51	are	be	AUX
cjal-3180	374	52	valued	value	VERB
cjal-3180	374	53	equally	equally	ADV
cjal-3180	374	54	with	with	ADP
cjal-3180	374	55	a	a	DET
cjal-3180	374	56	block	block	NOUN
cjal-3180	374	57	of	of	ADP
cjal-3180	374	58	shares	share	NOUN
cjal-3180	374	59	that	that	PRON
cjal-3180	374	60	does	do	AUX
cjal-3180	374	61	deliver	deliver	VERB
cjal-3180	374	62	control	control	NOUN
cjal-3180	374	63	)	)	PUNCT
cjal-3180	374	64	.	.	PUNCT
cjal-3180	375	1	108	108	NUM
cjal-3180	375	2	.	.	PUNCT
cjal-3180	376	1	this	this	PRON
cjal-3180	376	2	may	may	AUX
cjal-3180	376	3	already	already	ADV
cjal-3180	376	4	have	have	AUX
cjal-3180	376	5	happened	happen	VERB
cjal-3180	376	6	to	to	ADP
cjal-3180	376	7	the	the	DET
cjal-3180	376	8	swire	swire	NOUN
cjal-3180	376	9	group	group	NOUN
cjal-3180	376	10	,	,	PUNCT
cjal-3180	376	11	which	which	PRON
cjal-3180	376	12	reportedly	reportedly	ADV
cjal-3180	376	13	was	be	AUX
cjal-3180	376	14	forced	force	VERB
cjal-3180	376	15	to	to	PART
cjal-3180	376	16	sell	sell	VERB
cjal-3180	376	17	a	a	DET
cjal-3180	376	18	25	25	NUM
cjal-3180	376	19	%	%	NOUN
cjal-3180	376	20	stake	stake	NOUN
cjal-3180	376	21	of	of	ADP
cjal-3180	376	22	cathay	cathay	PROPN
cjal-3180	376	23	pacific	pacific	PROPN
cjal-3180	376	24	and	and	CCONJ
cjal-3180	376	25	a	a	DET
cjal-3180	376	26	35.9	35.9	NUM
cjal-3180	376	27	%	%	NOUN
cjal-3180	376	28	stake	stake	NOUN
cjal-3180	376	29	of	of	ADP
cjal-3180	376	30	dragonair	dragonair	NOUN
cjal-3180	376	31	to	to	ADP
cjal-3180	376	32	china	china	PROPN
cjal-3180	376	33	national	national	PROPN
cjal-3180	376	34	aviation	aviation	PROPN
cjal-3180	376	35	corporation	corporation	NOUN
cjal-3180	376	36	at	at	ADP
cjal-3180	376	37	a	a	DET
cjal-3180	376	38	discount	discount	NOUN
cjal-3180	376	39	of	of	ADP
cjal-3180	376	40	15	15	NUM
cjal-3180	376	41	%	%	NOUN
cjal-3180	376	42	from	from	ADP
cjal-3180	376	43	cathay	cathay	PROPN
cjal-3180	376	44	's	's	PART
cjal-3180	376	45	market	market	NOUN
cjal-3180	376	46	price	price	NOUN
cjal-3180	376	47	and	and	CCONJ
cjal-3180	376	48	an	an	DET
cjal-3180	376	49	estimated	estimate	VERB
cjal-3180	376	50	33	33	NUM
cjal-3180	376	51	%	%	NOUN
cjal-3180	376	52	of	of	ADP
cjal-3180	376	53	dragonair	dragonair	NOUN
cjal-3180	376	54	's	's	PART
cjal-3180	376	55	value	value	NOUN
cjal-3180	376	56	if	if	SCONJ
cjal-3180	376	57	publicly	publicly	ADV
cjal-3180	376	58	traded	trade	VERB
cjal-3180	376	59	.	.	PUNCT
cjal-3180	377	1	see	see	VERB
cjal-3180	377	2	the	the	DET
cjal-3180	377	3	economist	economist	NOUN
cjal-3180	377	4	,	,	PUNCT
cjal-3180	377	5	supra	supra	PROPN
cjal-3180	377	6	note	note	PROPN
cjal-3180	377	7	72	72	NUM
cjal-3180	377	8	,	,	PUNCT
cjal-3180	377	9	at	at	ADP
cjal-3180	377	10	65	65	NUM
cjal-3180	377	11	.	.	PUNCT
cjal-3180	378	1	109	109	NUM
cjal-3180	378	2	.	.	PUNCT
cjal-3180	379	1	this	this	PRON
cjal-3180	379	2	is	be	AUX
cjal-3180	379	3	usually	usually	ADV
cjal-3180	379	4	very	very	ADV
cjal-3180	379	5	helpful	helpful	ADJ
cjal-3180	379	6	to	to	ADP
cjal-3180	379	7	an	an	DET
cjal-3180	379	8	acquirer	acquirer	NOUN
cjal-3180	379	9	since	since	SCONJ
cjal-3180	379	10	defensive	defensive	ADJ
cjal-3180	379	11	tactics	tactic	NOUN
cjal-3180	379	12	and	and	CCONJ
cjal-3180	379	13	other	other	ADJ
cjal-3180	379	14	bidders	bidder	NOUN
cjal-3180	379	15	drive	drive	VERB
cjal-3180	379	16	up	up	ADP
cjal-3180	379	17	cost	cost	NOUN
cjal-3180	379	18	of	of	ADP
cjal-3180	379	19	acquisition	acquisition	NOUN
cjal-3180	379	20	as	as	ADV
cjal-3180	379	21	well	well	ADV
cjal-3180	379	22	as	as	ADP
cjal-3180	379	23	the	the	DET
cjal-3180	379	24	risk	risk	NOUN
cjal-3180	379	25	.	.	PUNCT
cjal-3180	380	1	since	since	SCONJ
cjal-3180	380	2	the	the	DET
cjal-3180	380	3	first	first	ADJ
cjal-3180	380	4	acquirer	acquirer	NOUN
cjal-3180	380	5	has	have	AUX
cjal-3180	380	6	often	often	ADV
cjal-3180	380	7	expended	expend	VERB
cjal-3180	380	8	large	large	ADJ
cjal-3180	380	9	amounts	amount	NOUN
cjal-3180	380	10	of	of	ADP
cjal-3180	380	11	money	money	NOUN
cjal-3180	380	12	locating	locate	VERB
cjal-3180	380	13	the	the	DET
cjal-3180	380	14	acquisition	acquisition	NOUN
cjal-3180	380	15	opportunity	opportunity	NOUN
cjal-3180	380	16	,	,	PUNCT
cjal-3180	380	17	costs	cost	NOUN
cjal-3180	380	18	which	which	PRON
cjal-3180	380	19	later	later	ADV
cjal-3180	380	20	acquirers	acquirer	NOUN
cjal-3180	380	21	free	free	ADJ
cjal-3180	380	22	-	-	PUNCT
cjal-3180	380	23	ride	ride	NOUN
cjal-3180	380	24	on	on	ADP
cjal-3180	380	25	,	,	PUNCT
cjal-3180	380	26	premature	premature	ADJ
cjal-3180	380	27	disclosure	disclosure	NOUN
cjal-3180	380	28	can	can	AUX
cjal-3180	380	29	sometimes	sometimes	ADV
cjal-3180	380	30	halt	halt	VERB
cjal-3180	380	31	takeover	takeover	NOUN
cjal-3180	380	32	efforts	effort	NOUN
cjal-3180	380	33	.	.	PUNCT
cjal-3180	381	1	[	[	X
cjal-3180	381	2	12:1	12:1	NUM
cjal-3180	381	3	m	m	PROPN
cjal-3180	381	4	&	&	CCONJ
cjal-3180	381	5	a	a	DET
cjal-3180	381	6	regulations	regulation	NOUN
cjal-3180	381	7	in	in	ADP
cjal-3180	381	8	hong	hong	PROPN
cjal-3180	381	9	kong	kong	PROPN
cjal-3180	381	10	shareholders	shareholder	NOUN
cjal-3180	381	11	receive	receive	VERB
cjal-3180	381	12	a	a	DET
cjal-3180	381	13	fair	fair	ADJ
cjal-3180	381	14	price	price	NOUN
cjal-3180	381	15	is	be	AUX
cjal-3180	381	16	doubtful	doubtful	ADJ
cjal-3180	381	17	,	,	PUNCT
cjal-3180	381	18	however	however	ADV
cjal-3180	381	19	,	,	PUNCT
cjal-3180	381	20	since	since	SCONJ
cjal-3180	381	21	the	the	DET
cjal-3180	381	22	prices	price	NOUN
cjal-3180	381	23	of	of	ADP
cjal-3180	381	24	targets	target	NOUN
cjal-3180	381	25	almost	almost	ADV
cjal-3180	381	26	always	always	ADV
cjal-3180	381	27	increase	increase	VERB
cjal-3180	381	28	when	when	SCONJ
cjal-3180	381	29	a	a	DET
cjal-3180	381	30	takeover	takeover	NOUN
cjal-3180	381	31	is	be	AUX
cjal-3180	381	32	announced	announce	VERB
cjal-3180	381	33	or	or	CCONJ
cjal-3180	381	34	even	even	ADV
cjal-3180	381	35	suspected	suspect	VERB
cjal-3180	381	36	.	.	PUNCT
cjal-3180	382	1	°	°	ADP
cjal-3180	382	2	market	market	NOUN
cjal-3180	382	3	inefficiency	inefficiency	NOUN
cjal-3180	382	4	also	also	ADV
cjal-3180	382	5	results	result	VERB
cjal-3180	382	6	if	if	SCONJ
cjal-3180	382	7	targets	target	NOUN
cjal-3180	382	8	are	be	AUX
cjal-3180	382	9	sold	sell	VERB
cjal-3180	382	10	to	to	ADP
cjal-3180	382	11	less	less	ADV
cjal-3180	382	12	efficient	efficient	ADJ
cjal-3180	382	13	acquirers	acquirer	NOUN
cjal-3180	382	14	.	.	PUNCT
cjal-3180	383	1	"	"	PUNCT
cjal-3180	383	2	'	'	PUNCT
cjal-3180	383	3	non	non	ADJ
cjal-3180	383	4	-	-	NOUN
cjal-3180	383	5	disclosure	disclosure	NOUN
cjal-3180	383	6	of	of	ADP
cjal-3180	383	7	large	large	ADJ
cjal-3180	383	8	holdings	holding	NOUN
cjal-3180	383	9	also	also	ADV
cjal-3180	383	10	increases	increase	VERB
cjal-3180	383	11	inefficiency	inefficiency	NOUN
cjal-3180	383	12	by	by	ADP
cjal-3180	383	13	reducing	reduce	VERB
cjal-3180	383	14	the	the	DET
cjal-3180	383	15	ability	ability	NOUN
cjal-3180	383	16	of	of	ADP
cjal-3180	383	17	acquirers	acquirer	NOUN
cjal-3180	383	18	to	to	PART
cjal-3180	383	19	select	select	VERB
cjal-3180	383	20	appropriate	appropriate	ADJ
cjal-3180	383	21	targets	target	NOUN
cjal-3180	383	22	.	.	PUNCT
cjal-3180	384	1	"	"	PUNCT
cjal-3180	384	2	'	'	PUNCT
cjal-3180	384	3	currently	currently	ADV
cjal-3180	384	4	,	,	PUNCT
cjal-3180	384	5	the	the	DET
cjal-3180	384	6	code	code	NOUN
cjal-3180	384	7	addresses	address	VERB
cjal-3180	384	8	these	these	DET
cjal-3180	384	9	concerns	concern	NOUN
cjal-3180	384	10	by	by	ADP
cjal-3180	384	11	requiring	require	VERB
cjal-3180	384	12	disclosure	disclosure	NOUN
cjal-3180	384	13	of	of	ADP
cjal-3180	384	14	holdings	holding	NOUN
cjal-3180	384	15	when	when	SCONJ
cjal-3180	384	16	certain	certain	ADJ
cjal-3180	384	17	thresholds	threshold	NOUN
cjal-3180	384	18	are	be	AUX
cjal-3180	384	19	crossed	cross	VERB
cjal-3180	384	20	and	and	CCONJ
cjal-3180	384	21	a	a	DET
cjal-3180	384	22	public	public	ADJ
cjal-3180	384	23	tender	tender	NOUN
cjal-3180	384	24	offer	offer	NOUN
cjal-3180	384	25	once	once	SCONJ
cjal-3180	384	26	35	35	NUM
cjal-3180	384	27	%	%	NOUN
cjal-3180	384	28	of	of	ADP
cjal-3180	384	29	a	a	DET
cjal-3180	384	30	corporation	corporation	NOUN
cjal-3180	384	31	has	have	AUX
cjal-3180	384	32	been	be	AUX
cjal-3180	384	33	acquired	acquire	VERB
cjal-3180	384	34	.	.	PUNCT
cjal-3180	384	35	"	"	PUNCT
cjal-3180	385	1	3	3	NUM
cjal-3180	385	2	creeping	creep	VERB
cjal-3180	385	3	control	control	NOUN
cjal-3180	385	4	acquisitions	acquisition	NOUN
cjal-3180	385	5	could	could	AUX
cjal-3180	385	6	become	become	VERB
cjal-3180	385	7	increasingly	increasingly	ADV
cjal-3180	385	8	desirable	desirable	ADJ
cjal-3180	385	9	tactics	tactic	NOUN
cjal-3180	385	10	in	in	ADP
cjal-3180	385	11	hong	hong	PROPN
cjal-3180	385	12	kong	kong	PROPN
cjal-3180	385	13	because	because	SCONJ
cjal-3180	385	14	"	"	PUNCT
cjal-3180	385	15	the	the	DET
cjal-3180	385	16	corporate	corporate	ADJ
cjal-3180	385	17	model	model	NOUN
cjal-3180	385	18	favored	favor	VERB
cjal-3180	385	19	by	by	ADP
cjal-3180	385	20	chinese	chinese	ADJ
cjal-3180	385	21	companies	company	NOUN
cjal-3180	385	22	is	be	AUX
cjal-3180	385	23	so	so	ADV
cjal-3180	385	24	complex	complex	ADJ
cjal-3180	385	25	,	,	PUNCT
cjal-3180	385	26	with	with	ADP
cjal-3180	385	27	multiple	multiple	ADJ
cjal-3180	385	28	layers	layer	NOUN
cjal-3180	385	29	and	and	CCONJ
cjal-3180	385	30	various	various	ADJ
cjal-3180	385	31	offshore	offshore	ADJ
cjal-3180	385	32	entities	entity	NOUN
cjal-3180	385	33	as	as	ADP
cjal-3180	385	34	buffers	buffer	NOUN
cjal-3180	385	35	,	,	PUNCT
cjal-3180	385	36	that	that	SCONJ
cjal-3180	385	37	it	it	PRON
cjal-3180	385	38	is	be	AUX
cjal-3180	385	39	often	often	ADV
cjal-3180	385	40	hard	hard	ADJ
cjal-3180	385	41	to	to	PART
cjal-3180	385	42	determine	determine	VERB
cjal-3180	385	43	the	the	DET
cjal-3180	385	44	real	real	ADJ
cjal-3180	385	45	ownership	ownership	NOUN
cjal-3180	385	46	.	.	PUNCT
cjal-3180	385	47	'	'	PUNCT
cjal-3180	386	1	"	"	PUNCT
cjal-3180	386	2	14	14	NUM
cjal-3180	386	3	this	this	PRON
cjal-3180	386	4	may	may	AUX
cjal-3180	386	5	make	make	VERB
cjal-3180	386	6	a	a	DET
cjal-3180	386	7	creeping	creep	VERB
cjal-3180	386	8	acquisition	acquisition	NOUN
cjal-3180	386	9	the	the	DET
cjal-3180	386	10	most	most	ADV
cjal-3180	386	11	viable	viable	ADJ
cjal-3180	386	12	method	method	NOUN
cjal-3180	386	13	when	when	SCONJ
cjal-3180	386	14	these	these	DET
cjal-3180	386	15	firms	firm	NOUN
cjal-3180	386	16	are	be	AUX
cjal-3180	386	17	targets	target	NOUN
cjal-3180	386	18	,	,	PUNCT
cjal-3180	386	19	since	since	SCONJ
cjal-3180	386	20	market	market	NOUN
cjal-3180	386	21	purchases	purchase	NOUN
cjal-3180	386	22	do	do	AUX
cjal-3180	386	23	not	not	PART
cjal-3180	386	24	require	require	VERB
cjal-3180	386	25	tracing	trace	VERB
cjal-3180	386	26	the	the	DET
cjal-3180	386	27	actual	actual	ADJ
cjal-3180	386	28	owners	owner	NOUN
cjal-3180	386	29	.	.	PUNCT
cjal-3180	387	1	multiple	multiple	ADJ
cjal-3180	387	2	layers	layer	NOUN
cjal-3180	387	3	and	and	CCONJ
cjal-3180	387	4	buffers	buffer	NOUN
cjal-3180	387	5	can	can	AUX
cjal-3180	387	6	also	also	ADV
cjal-3180	387	7	impede	impede	VERB
cjal-3180	387	8	a	a	DET
cjal-3180	387	9	conventional	conventional	ADJ
cjal-3180	387	10	acquisition	acquisition	NOUN
cjal-3180	387	11	,	,	PUNCT
cjal-3180	387	12	giving	give	VERB
cjal-3180	387	13	the	the	DET
cjal-3180	387	14	target	target	NOUN
cjal-3180	387	15	time	time	NOUN
cjal-3180	387	16	to	to	PART
cjal-3180	387	17	take	take	VERB
cjal-3180	387	18	defensive	defensive	ADJ
cjal-3180	387	19	steps	step	NOUN
cjal-3180	387	20	including	include	VERB
cjal-3180	387	21	the	the	DET
cjal-3180	387	22	use	use	NOUN
cjal-3180	387	23	of	of	ADP
cjal-3180	387	24	connections	connection	NOUN
cjal-3180	387	25	or	or	CCONJ
cjal-3180	387	26	other	other	ADJ
cjal-3180	387	27	forms	form	NOUN
cjal-3180	387	28	of	of	ADP
cjal-3180	387	29	corruption	corruption	NOUN
cjal-3180	387	30	.	.	PUNCT
cjal-3180	388	1	defensive	defensive	ADJ
cjal-3180	388	2	measures	measure	NOUN
cjal-3180	388	3	are	be	AUX
cjal-3180	388	4	also	also	ADV
cjal-3180	388	5	less	less	ADJ
cjal-3180	388	6	of	of	ADP
cjal-3180	388	7	a	a	DET
cjal-3180	388	8	problem	problem	NOUN
cjal-3180	388	9	when	when	SCONJ
cjal-3180	388	10	simply	simply	ADV
cjal-3180	388	11	accumulating	accumulate	VERB
cjal-3180	388	12	shares	share	NOUN
cjal-3180	388	13	so	so	ADV
cjal-3180	388	14	long	long	ADV
cjal-3180	388	15	as	as	SCONJ
cjal-3180	388	16	the	the	DET
cjal-3180	388	17	size	size	NOUN
cjal-3180	388	18	of	of	ADP
cjal-3180	388	19	the	the	DET
cjal-3180	388	20	acquirer	acquirer	NOUN
cjal-3180	388	21	's	's	PART
cjal-3180	388	22	holding	holding	NOUN
cjal-3180	388	23	is	be	AUX
cjal-3180	388	24	not	not	PART
cjal-3180	388	25	prematurely	prematurely	ADV
cjal-3180	388	26	disclosed	disclose	VERB
cjal-3180	388	27	.	.	PUNCT
cjal-3180	389	1	persons	person	NOUN
cjal-3180	389	2	or	or	CCONJ
cjal-3180	389	3	firms	firm	NOUN
cjal-3180	389	4	operating	operate	VERB
cjal-3180	389	5	in	in	ADP
cjal-3180	389	6	hong	hong	PROPN
cjal-3180	389	7	kong	kong	PROPN
cjal-3180	389	8	may	may	AUX
cjal-3180	389	9	further	far	ADV
cjal-3180	389	10	prefer	prefer	VERB
cjal-3180	389	11	creeping	creep	VERB
cjal-3180	389	12	acquisitions	acquisition	NOUN
cjal-3180	389	13	if	if	SCONJ
cjal-3180	389	14	internal	internal	ADJ
cjal-3180	389	15	or	or	CCONJ
cjal-3180	389	16	external	external	ADJ
cjal-3180	389	17	politics	politic	NOUN
cjal-3180	389	18	cause	cause	VERB
cjal-3180	389	19	them	they	PRON
cjal-3180	389	20	to	to	PART
cjal-3180	389	21	hide	hide	VERB
cjal-3180	389	22	their	their	PRON
cjal-3180	389	23	activities	activity	NOUN
cjal-3180	389	24	and	and	CCONJ
cjal-3180	389	25	holdings	holding	NOUN
cjal-3180	389	26	.	.	PUNCT
cjal-3180	390	1	in	in	ADP
cjal-3180	390	2	light	light	NOUN
cjal-3180	390	3	of	of	ADP
cjal-3180	390	4	prc	prc	PROPN
cjal-3180	390	5	concerns	concern	NOUN
cjal-3180	390	6	about	about	ADP
cjal-3180	390	7	the	the	DET
cjal-3180	390	8	sale	sale	NOUN
cjal-3180	390	9	of	of	ADP
cjal-3180	390	10	firms	firm	NOUN
cjal-3180	390	11	in	in	ADP
cjal-3180	390	12	certain	certain	ADJ
cjal-3180	390	13	industries	industry	NOUN
cjal-3180	390	14	to	to	ADP
cjal-3180	390	15	foreign	foreign	ADJ
cjal-3180	390	16	acquirers	acquirer	NOUN
cjal-3180	390	17	,	,	PUNCT
cjal-3180	390	18	such	such	ADJ
cjal-3180	390	19	parties	party	NOUN
cjal-3180	390	20	could	could	AUX
cjal-3180	390	21	also	also	ADV
cjal-3180	390	22	find	find	VERB
cjal-3180	390	23	quiet	quiet	ADJ
cjal-3180	390	24	acquisitions	acquisition	NOUN
cjal-3180	390	25	useful	useful	ADJ
cjal-3180	390	26	.	.	PUNCT
cjal-3180	391	1	another	another	DET
cjal-3180	391	2	consideration	consideration	NOUN
cjal-3180	391	3	is	be	AUX
cjal-3180	391	4	that	that	SCONJ
cjal-3180	391	5	the	the	DET
cjal-3180	391	6	effect	effect	NOUN
cjal-3180	391	7	of	of	ADP
cjal-3180	391	8	any	any	PRON
cjal-3180	391	9	of	of	ADP
cjal-3180	391	10	these	these	DET
cjal-3180	391	11	tactics	tactic	NOUN
cjal-3180	391	12	increases	increase	NOUN
cjal-3180	391	13	when	when	SCONJ
cjal-3180	391	14	combined	combine	VERB
cjal-3180	391	15	with	with	ADP
cjal-3180	391	16	others	other	NOUN
cjal-3180	391	17	.	.	PUNCT
cjal-3180	392	1	for	for	ADP
cjal-3180	392	2	instance	instance	NOUN
cjal-3180	392	3	,	,	PUNCT
cjal-3180	392	4	an	an	DET
cjal-3180	392	5	acquirer	acquirer	NOUN
cjal-3180	392	6	might	might	AUX
cjal-3180	392	7	begin	begin	VERB
cjal-3180	392	8	with	with	ADP
cjal-3180	392	9	a	a	DET
cjal-3180	392	10	creeping	creep	VERB
cjal-3180	392	11	control	control	NOUN
cjal-3180	392	12	acquisition	acquisition	NOUN
cjal-3180	392	13	to	to	PART
cjal-3180	392	14	accumulate	accumulate	VERB
cjal-3180	392	15	as	as	ADV
cjal-3180	392	16	large	large	ADJ
cjal-3180	392	17	a	a	DET
cjal-3180	392	18	stake	stake	NOUN
cjal-3180	392	19	as	as	ADP
cjal-3180	392	20	possible	possible	ADJ
cjal-3180	392	21	before	before	ADP
cjal-3180	392	22	making	make	VERB
cjal-3180	392	23	a	a	DET
cjal-3180	392	24	front	front	ADV
cjal-3180	392	25	-	-	PUNCT
cjal-3180	392	26	loaded	load	VERB
cjal-3180	392	27	public	public	ADJ
cjal-3180	392	28	offer	offer	NOUN
cjal-3180	392	29	for	for	ADP
cjal-3180	392	30	the	the	DET
cjal-3180	392	31	firm	firm	NOUN
cjal-3180	392	32	.	.	PUNCT
cjal-3180	393	1	this	this	PRON
cjal-3180	393	2	would	would	AUX
cjal-3180	393	3	make	make	VERB
cjal-3180	393	4	the	the	DET
cjal-3180	393	5	front	front	ADV
cjal-3180	393	6	-	-	PUNCT
cjal-3180	393	7	loaded	load	VERB
cjal-3180	393	8	offer	offer	NOUN
cjal-3180	393	9	even	even	ADV
cjal-3180	393	10	more	more	ADV
cjal-3180	393	11	coercive	coercive	ADJ
cjal-3180	393	12	since	since	SCONJ
cjal-3180	393	13	the	the	DET
cjal-3180	393	14	transaction	transaction	NOUN
cjal-3180	393	15	would	would	AUX
cjal-3180	393	16	appear	appear	VERB
cjal-3180	393	17	inevitable	inevitable	ADJ
cjal-3180	393	18	and	and	CCONJ
cjal-3180	393	19	possibly	possibly	ADV
cjal-3180	393	20	allow	allow	VERB
cjal-3180	393	21	the	the	DET
cjal-3180	393	22	acquirer	acquirer	NOUN
cjal-3180	393	23	to	to	PART
cjal-3180	393	24	set	set	VERB
cjal-3180	393	25	a	a	DET
cjal-3180	393	26	lower	low	ADJ
cjal-3180	393	27	price	price	NOUN
cjal-3180	393	28	than	than	ADP
cjal-3180	393	29	110	110	NUM
cjal-3180	393	30	.	.	PUNCT
cjal-3180	394	1	to	to	ADP
cjal-3180	394	2	some	some	DET
cjal-3180	394	3	extent	extent	NOUN
cjal-3180	394	4	,	,	PUNCT
cjal-3180	394	5	this	this	DET
cjal-3180	394	6	question	question	NOUN
cjal-3180	394	7	implicates	implicate	VERB
cjal-3180	394	8	the	the	DET
cjal-3180	394	9	efficient	efficient	ADJ
cjal-3180	394	10	capital	capital	NOUN
cjal-3180	394	11	markets	market	NOUN
cjal-3180	394	12	hypothesis	hypothesis	NOUN
cjal-3180	394	13	,	,	PUNCT
cjal-3180	394	14	in	in	SCONJ
cjal-3180	394	15	that	that	SCONJ
cjal-3180	394	16	if	if	SCONJ
cjal-3180	394	17	the	the	DET
cjal-3180	394	18	stock	stock	NOUN
cjal-3180	394	19	is	be	AUX
cjal-3180	394	20	already	already	ADV
cjal-3180	394	21	trading	trade	VERB
cjal-3180	394	22	at	at	ADP
cjal-3180	394	23	its	its	PRON
cjal-3180	394	24	true	true	ADJ
cjal-3180	394	25	value	value	NOUN
cjal-3180	394	26	,	,	PUNCT
cjal-3180	394	27	then	then	ADV
cjal-3180	394	28	selling	sell	VERB
cjal-3180	394	29	shareholders	shareholder	NOUN
cjal-3180	394	30	have	have	VERB
cjal-3180	394	31	nothing	nothing	PRON
cjal-3180	394	32	to	to	PART
cjal-3180	394	33	complain	complain	VERB
cjal-3180	394	34	about	about	ADP
cjal-3180	394	35	,	,	PUNCT
cjal-3180	394	36	especially	especially	ADV
cjal-3180	394	37	since	since	SCONJ
cjal-3180	394	38	any	any	DET
cjal-3180	394	39	value	value	NOUN
cjal-3180	394	40	created	create	VERB
cjal-3180	394	41	by	by	ADP
cjal-3180	394	42	the	the	DET
cjal-3180	394	43	takeover	takeover	NOUN
cjal-3180	394	44	attempt	attempt	NOUN
cjal-3180	394	45	is	be	AUX
cjal-3180	394	46	created	create	VERB
cjal-3180	394	47	by	by	ADP
cjal-3180	394	48	the	the	DET
cjal-3180	394	49	acquirer	acquirer	NOUN
cjal-3180	394	50	.	.	PUNCT
cjal-3180	395	1	111	111	NUM
cjal-3180	395	2	.	.	PUNCT
cjal-3180	396	1	under	under	ADP
cjal-3180	396	2	fair	fair	ADJ
cjal-3180	396	3	and	and	CCONJ
cjal-3180	396	4	competitive	competitive	ADJ
cjal-3180	396	5	conditions	condition	NOUN
cjal-3180	396	6	the	the	DET
cjal-3180	396	7	potential	potential	ADJ
cjal-3180	396	8	acquirer	acquirer	NOUN
cjal-3180	396	9	that	that	PRON
cjal-3180	396	10	derives	derive	VERB
cjal-3180	396	11	the	the	DET
cjal-3180	396	12	most	most	ADJ
cjal-3180	396	13	value	value	NOUN
cjal-3180	396	14	from	from	ADP
cjal-3180	396	15	the	the	DET
cjal-3180	396	16	target	target	NOUN
cjal-3180	396	17	or	or	CCONJ
cjal-3180	396	18	can	can	AUX
cjal-3180	396	19	use	use	VERB
cjal-3180	396	20	its	its	PRON
cjal-3180	396	21	resources	resource	NOUN
cjal-3180	396	22	most	most	ADV
cjal-3180	396	23	efficiently	efficiently	ADV
cjal-3180	396	24	is	be	AUX
cjal-3180	396	25	generally	generally	ADV
cjal-3180	396	26	willing	willing	ADJ
cjal-3180	396	27	to	to	PART
cjal-3180	396	28	pay	pay	VERB
cjal-3180	396	29	the	the	DET
cjal-3180	396	30	most	most	ADJ
cjal-3180	396	31	.	.	PUNCT
cjal-3180	397	1	112	112	NUM
cjal-3180	397	2	.	.	PUNCT
cjal-3180	398	1	without	without	ADP
cjal-3180	398	2	accurate	accurate	ADJ
cjal-3180	398	3	ownership	ownership	NOUN
cjal-3180	398	4	information	information	NOUN
cjal-3180	398	5	,	,	PUNCT
cjal-3180	398	6	such	such	ADJ
cjal-3180	398	7	acquirers	acquirer	NOUN
cjal-3180	398	8	may	may	AUX
cjal-3180	398	9	waste	waste	VERB
cjal-3180	398	10	effort	effort	NOUN
cjal-3180	398	11	and	and	CCONJ
cjal-3180	398	12	resources	resource	NOUN
cjal-3180	398	13	on	on	ADP
cjal-3180	398	14	targets	target	NOUN
cjal-3180	398	15	for	for	ADP
cjal-3180	398	16	which	which	PRON
cjal-3180	398	17	no	no	DET
cjal-3180	398	18	realistic	realistic	ADJ
cjal-3180	398	19	possibility	possibility	NOUN
cjal-3180	398	20	of	of	ADP
cjal-3180	398	21	success	success	NOUN
cjal-3180	398	22	exists	exist	VERB
cjal-3180	398	23	due	due	ADJ
cjal-3180	398	24	to	to	ADP
cjal-3180	398	25	large	large	ADJ
cjal-3180	398	26	management	management	NOUN
cjal-3180	398	27	or	or	CCONJ
cjal-3180	398	28	single	single	ADJ
cjal-3180	398	29	controlling	control	VERB
cjal-3180	398	30	family	family	NOUN
cjal-3180	398	31	stock	stock	NOUN
cjal-3180	398	32	holdings	holding	NOUN
cjal-3180	398	33	(	(	PUNCT
cjal-3180	398	34	a	a	DET
cjal-3180	398	35	common	common	ADJ
cjal-3180	398	36	ownership	ownership	NOUN
cjal-3180	398	37	structure	structure	NOUN
cjal-3180	398	38	for	for	ADP
cjal-3180	398	39	hong	hong	PROPN
cjal-3180	398	40	kong	kong	PROPN
cjal-3180	398	41	firms	firm	NOUN
cjal-3180	398	42	)	)	PUNCT
cjal-3180	398	43	.	.	PUNCT
cjal-3180	399	1	fear	fear	NOUN
cjal-3180	399	2	of	of	ADP
cjal-3180	399	3	such	such	ADJ
cjal-3180	399	4	waste	waste	NOUN
cjal-3180	399	5	can	can	AUX
cjal-3180	399	6	overly	overly	ADV
cjal-3180	399	7	deter	deter	VERB
cjal-3180	399	8	takeover	takeover	NOUN
cjal-3180	399	9	activity	activity	NOUN
cjal-3180	399	10	since	since	SCONJ
cjal-3180	399	11	the	the	DET
cjal-3180	399	12	expense	expense	NOUN
cjal-3180	399	13	of	of	ADP
cjal-3180	399	14	even	even	ADV
cjal-3180	399	15	an	an	DET
cjal-3180	399	16	unsuccessful	unsuccessful	ADJ
cjal-3180	399	17	attempt	attempt	NOUN
cjal-3180	399	18	can	can	AUX
cjal-3180	399	19	be	be	AUX
cjal-3180	399	20	extremely	extremely	ADV
cjal-3180	399	21	high	high	ADJ
cjal-3180	399	22	.	.	PUNCT
cjal-3180	400	1	113	113	NUM
cjal-3180	400	2	.	.	PUNCT
cjal-3180	401	1	hong	hong	PROPN
cjal-3180	401	2	kong	kong	PROPN
cjal-3180	401	3	code	code	PROPN
cjal-3180	401	4	on	on	ADP
cjal-3180	401	5	takeovers	takeover	NOUN
cjal-3180	401	6	and	and	CCONJ
cjal-3180	401	7	mergers	merger	NOUN
cjal-3180	401	8	,	,	PUNCT
cjal-3180	401	9	§	§	NOUN
cjal-3180	401	10	33	33	NUM
cjal-3180	401	11	.	.	NOUN
cjal-3180	401	12	114	114	NUM
cjal-3180	401	13	.	.	PUNCT
cjal-3180	402	1	einhorn	einhorn	PROPN
cjal-3180	402	2	,	,	PUNCT
cjal-3180	402	3	supra	supra	PROPN
cjal-3180	402	4	note	note	PROPN
cjal-3180	402	5	39	39	NUM
cjal-3180	402	6	,	,	PUNCT
cjal-3180	402	7	at	at	ADP
cjal-3180	402	8	32	32	NUM
cjal-3180	402	9	.	.	PUNCT
cjal-3180	403	1	1998	1998	NUM
cjal-3180	403	2	]	]	PUNCT
cjal-3180	403	3	columbia	columbia	PROPN
cjal-3180	403	4	journal	journal	PROPN
cjal-3180	403	5	of	of	ADP
cjal-3180	403	6	asian	asian	ADJ
cjal-3180	403	7	law	law	NOUN
cjal-3180	403	8	otherwise	otherwise	ADV
cjal-3180	403	9	necessary	necessary	ADJ
cjal-3180	403	10	or	or	CCONJ
cjal-3180	403	11	to	to	PART
cjal-3180	403	12	finish	finish	VERB
cjal-3180	403	13	with	with	ADP
cjal-3180	403	14	an	an	DET
cjal-3180	403	15	unequal	unequal	ADJ
cjal-3180	403	16	offer	offer	NOUN
cjal-3180	403	17	because	because	SCONJ
cjal-3180	403	18	fewer	few	ADJ
cjal-3180	403	19	additional	additional	ADJ
cjal-3180	403	20	shares	share	NOUN
cjal-3180	403	21	would	would	AUX
cjal-3180	403	22	be	be	AUX
cjal-3180	403	23	needed	need	VERB
cjal-3180	403	24	.	.	PUNCT
cjal-3180	404	1	the	the	DET
cjal-3180	404	2	risk	risk	NOUN
cjal-3180	404	3	to	to	ADP
cjal-3180	404	4	the	the	DET
cjal-3180	404	5	acquirer	acquirer	NOUN
cjal-3180	404	6	would	would	AUX
cjal-3180	404	7	also	also	ADV
cjal-3180	404	8	be	be	AUX
cjal-3180	404	9	lessened	lessen	VERB
cjal-3180	404	10	because	because	SCONJ
cjal-3180	404	11	a	a	DET
cjal-3180	404	12	large	large	ADJ
cjal-3180	404	13	enough	enough	ADJ
cjal-3180	404	14	holding	holding	NOUN
cjal-3180	404	15	would	would	AUX
cjal-3180	404	16	deter	deter	VERB
cjal-3180	404	17	other	other	ADJ
cjal-3180	404	18	bidders	bidder	NOUN
cjal-3180	404	19	and	and	CCONJ
cjal-3180	404	20	because	because	SCONJ
cjal-3180	404	21	a	a	DET
cjal-3180	404	22	lower	low	ADJ
cjal-3180	404	23	overall	overall	ADJ
cjal-3180	404	24	price	price	NOUN
cjal-3180	404	25	might	might	AUX
cjal-3180	404	26	result	result	VERB
cjal-3180	404	27	if	if	SCONJ
cjal-3180	404	28	substantial	substantial	ADJ
cjal-3180	404	29	target	target	NOUN
cjal-3180	404	30	shares	share	NOUN
cjal-3180	404	31	are	be	AUX
cjal-3180	404	32	acquired	acquire	VERB
cjal-3180	404	33	at	at	ADP
cjal-3180	404	34	the	the	DET
cjal-3180	404	35	pre	pre	ADJ
cjal-3180	404	36	-	-	ADJ
cjal-3180	404	37	tender	tender	ADJ
cjal-3180	404	38	offer	offer	NOUN
cjal-3180	404	39	price	price	NOUN
cjal-3180	404	40	.	.	PUNCT
cjal-3180	405	1	the	the	DET
cjal-3180	405	2	corollary	corollary	NOUN
cjal-3180	405	3	to	to	ADP
cjal-3180	405	4	the	the	DET
cjal-3180	405	5	above	above	ADJ
cjal-3180	405	6	possibilities	possibility	NOUN
cjal-3180	405	7	is	be	AUX
cjal-3180	405	8	that	that	SCONJ
cjal-3180	405	9	if	if	SCONJ
cjal-3180	405	10	disfavored	disfavored	ADJ
cjal-3180	405	11	acquisition	acquisition	NOUN
cjal-3180	405	12	tactics	tactic	NOUN
cjal-3180	405	13	come	come	VERB
cjal-3180	405	14	back	back	ADV
cjal-3180	405	15	into	into	ADP
cjal-3180	405	16	play	play	NOUN
cjal-3180	405	17	,	,	PUNCT
cjal-3180	405	18	currently	currently	ADV
cjal-3180	405	19	disfavored	disfavor	VERB
cjal-3180	405	20	defensive	defensive	ADJ
cjal-3180	405	21	tactics	tactic	NOUN
cjal-3180	405	22	would	would	AUX
cjal-3180	405	23	likely	likely	ADV
cjal-3180	405	24	re	re	VERB
cjal-3180	405	25	-	-	VERB
cjal-3180	405	26	emerge	emerge	VERB
cjal-3180	405	27	as	as	ADV
cjal-3180	405	28	well	well	ADV
cjal-3180	405	29	.	.	PUNCT
cjal-3180	406	1	well	well	ADV
cjal-3180	406	2	-	-	PUNCT
cjal-3180	406	3	connected	connect	VERB
cjal-3180	406	4	firms	firm	NOUN
cjal-3180	406	5	might	might	AUX
cjal-3180	406	6	feel	feel	VERB
cjal-3180	406	7	comfortable	comfortable	ADJ
cjal-3180	406	8	simply	simply	ADV
cjal-3180	406	9	saying	say	VERB
cjal-3180	406	10	no	no	PRON
cjal-3180	406	11	to	to	ADP
cjal-3180	406	12	takeover	takeover	NOUN
cjal-3180	406	13	bids	bid	NOUN
cjal-3180	406	14	and	and	CCONJ
cjal-3180	406	15	refusing	refuse	VERB
cjal-3180	406	16	to	to	PART
cjal-3180	406	17	submit	submit	VERB
cjal-3180	406	18	the	the	DET
cjal-3180	406	19	offer	offer	NOUN
cjal-3180	406	20	to	to	ADP
cjal-3180	406	21	shareholders	shareholder	NOUN
cjal-3180	406	22	for	for	ADP
cjal-3180	406	23	a	a	DET
cjal-3180	406	24	vote	vote	NOUN
cjal-3180	406	25	.	.	PUNCT
cjal-3180	407	1	this	this	PRON
cjal-3180	407	2	would	would	AUX
cjal-3180	407	3	be	be	AUX
cjal-3180	407	4	especially	especially	ADV
cjal-3180	407	5	possible	possible	ADJ
cjal-3180	407	6	for	for	ADP
cjal-3180	407	7	firms	firm	NOUN
cjal-3180	407	8	in	in	ADP
cjal-3180	407	9	such	such	ADJ
cjal-3180	407	10	areas	area	NOUN
cjal-3180	407	11	as	as	ADP
cjal-3180	407	12	telecommunications	telecommunication	NOUN
cjal-3180	407	13	or	or	CCONJ
cjal-3180	407	14	infrastructure	infrastructure	NOUN
cjal-3180	407	15	that	that	PRON
cjal-3180	407	16	the	the	DET
cjal-3180	407	17	prc	prc	PROPN
cjal-3180	407	18	has	have	AUX
cjal-3180	407	19	taken	take	VERB
cjal-3180	407	20	a	a	DET
cjal-3180	407	21	special	special	ADJ
cjal-3180	407	22	interest	interest	NOUN
cjal-3180	407	23	in	in	ADP
cjal-3180	407	24	.	.	PUNCT
cjal-3180	408	1	1	1	NUM
cjal-3180	408	2	5	5	NUM
cjal-3180	408	3	the	the	DET
cjal-3180	408	4	usual	usual	ADJ
cjal-3180	408	5	justification	justification	NOUN
cjal-3180	408	6	offered	offer	VERB
cjal-3180	408	7	by	by	ADP
cjal-3180	408	8	directors	director	NOUN
cjal-3180	408	9	in	in	ADP
cjal-3180	408	10	such	such	ADJ
cjal-3180	408	11	circumstances	circumstance	NOUN
cjal-3180	408	12	is	be	AUX
cjal-3180	408	13	that	that	SCONJ
cjal-3180	408	14	the	the	DET
cjal-3180	408	15	proposed	propose	VERB
cjal-3180	408	16	offer	offer	NOUN
cjal-3180	408	17	is	be	AUX
cjal-3180	408	18	either	either	CCONJ
cjal-3180	408	19	insufficient	insufficient	ADJ
cjal-3180	408	20	or	or	CCONJ
cjal-3180	408	21	an	an	DET
cjal-3180	408	22	attempt	attempt	NOUN
cjal-3180	408	23	to	to	PART
cjal-3180	408	24	purchase	purchase	VERB
cjal-3180	408	25	the	the	DET
cjal-3180	408	26	firm	firm	NOUN
cjal-3180	408	27	for	for	ADP
cjal-3180	408	28	less	less	ADJ
cjal-3180	408	29	than	than	ADP
cjal-3180	408	30	its	its	PRON
cjal-3180	408	31	full	full	ADJ
cjal-3180	408	32	worth	worth	NOUN
cjal-3180	408	33	.	.	PUNCT
cjal-3180	409	1	given	give	VERB
cjal-3180	409	2	the	the	DET
cjal-3180	409	3	concerns	concern	NOUN
cjal-3180	409	4	already	already	ADV
cjal-3180	409	5	expressed	express	VERB
cjal-3180	409	6	by	by	ADP
cjal-3180	409	7	the	the	DET
cjal-3180	409	8	prc	prc	PROPN
cjal-3180	409	9	about	about	ADP
cjal-3180	409	10	the	the	DET
cjal-3180	409	11	sale	sale	NOUN
cjal-3180	409	12	of	of	ADP
cjal-3180	409	13	state	state	NOUN
cjal-3180	409	14	assets	asset	NOUN
cjal-3180	409	15	to	to	ADP
cjal-3180	409	16	foreigners	foreigner	NOUN
cjal-3180	409	17	at	at	ADP
cjal-3180	409	18	bargain	bargain	NOUN
cjal-3180	409	19	prices	price	NOUN
cjal-3180	409	20	,	,	PUNCT
cjal-3180	409	21	'	'	PUNCT
cjal-3180	409	22	16	16	NUM
cjal-3180	409	23	this	this	DET
cjal-3180	409	24	argument	argument	NOUN
cjal-3180	409	25	could	could	AUX
cjal-3180	409	26	attract	attract	VERB
cjal-3180	409	27	considerable	considerable	ADJ
cjal-3180	409	28	political	political	ADJ
cjal-3180	409	29	support	support	NOUN
cjal-3180	409	30	.	.	PUNCT
cjal-3180	410	1	other	other	ADJ
cjal-3180	410	2	defensive	defensive	ADJ
cjal-3180	410	3	tactics	tactic	NOUN
cjal-3180	410	4	,	,	PUNCT
cjal-3180	410	5	such	such	ADJ
cjal-3180	410	6	as	as	ADP
cjal-3180	410	7	asset	asset	NOUN
cjal-3180	410	8	lockups	lockup	NOUN
cjal-3180	410	9	,	,	PUNCT
cjal-3180	410	10	issuance	issuance	NOUN
cjal-3180	410	11	of	of	ADP
cjal-3180	410	12	authorized	authorized	ADJ
cjal-3180	410	13	but	but	CCONJ
cjal-3180	410	14	unissued	unissued	ADJ
cjal-3180	410	15	stock	stock	NOUN
cjal-3180	410	16	,	,	PUNCT
cjal-3180	410	17	or	or	CCONJ
cjal-3180	410	18	especially	especially	ADV
cjal-3180	410	19	generous	generous	ADJ
cjal-3180	410	20	golden	golden	ADJ
cjal-3180	410	21	parachutes	parachute	NOUN
cjal-3180	410	22	triggered	trigger	VERB
cjal-3180	410	23	by	by	ADP
cjal-3180	410	24	a	a	DET
cjal-3180	410	25	takeover	takeover	NOUN
cjal-3180	410	26	are	be	AUX
cjal-3180	410	27	also	also	ADV
cjal-3180	410	28	possible	possible	ADJ
cjal-3180	410	29	,	,	PUNCT
cjal-3180	410	30	but	but	CCONJ
cjal-3180	410	31	difficult	difficult	ADJ
cjal-3180	410	32	,	,	PUNCT
cjal-3180	410	33	since	since	SCONJ
cjal-3180	410	34	they	they	PRON
cjal-3180	410	35	require	require	VERB
cjal-3180	410	36	more	more	ADJ
cjal-3180	410	37	time	time	NOUN
cjal-3180	410	38	to	to	PART
cjal-3180	410	39	implement	implement	VERB
cjal-3180	410	40	and	and	CCONJ
cjal-3180	410	41	the	the	DET
cjal-3180	410	42	offensive	offensive	ADJ
cjal-3180	410	43	tactics	tactic	NOUN
cjal-3180	410	44	discussed	discuss	VERB
cjal-3180	410	45	above	above	ADV
cjal-3180	410	46	substantially	substantially	ADV
cjal-3180	410	47	decrease	decrease	VERB
cjal-3180	410	48	the	the	DET
cjal-3180	410	49	time	time	NOUN
cjal-3180	410	50	available	available	ADJ
cjal-3180	410	51	to	to	ADP
cjal-3180	410	52	targets	target	NOUN
cjal-3180	410	53	.	.	PUNCT
cjal-3180	411	1	these	these	DET
cjal-3180	411	2	defenses	defense	NOUN
cjal-3180	411	3	may	may	AUX
cjal-3180	411	4	still	still	ADV
cjal-3180	411	5	be	be	AUX
cjal-3180	411	6	used	use	VERB
cjal-3180	411	7	as	as	ADP
cjal-3180	411	8	"	"	PUNCT
cjal-3180	411	9	shark	shark	NOUN
cjal-3180	411	10	repellent	repellent	NOUN
cjal-3180	411	11	"	"	PUNCT
cjal-3180	411	12	to	to	PART
cjal-3180	411	13	protect	protect	VERB
cjal-3180	411	14	favored	favored	ADJ
cjal-3180	411	15	transactions	transaction	NOUN
cjal-3180	411	16	from	from	ADP
cjal-3180	411	17	interference	interference	NOUN
cjal-3180	411	18	by	by	ADP
cjal-3180	411	19	other	other	ADJ
cjal-3180	411	20	bidders	bidder	NOUN
cjal-3180	411	21	.	.	PUNCT
cjal-3180	412	1	similarly	similarly	ADV
cjal-3180	412	2	,	,	PUNCT
cjal-3180	412	3	to	to	ADP
cjal-3180	412	4	the	the	DET
cjal-3180	412	5	extent	extent	NOUN
cjal-3180	412	6	that	that	SCONJ
cjal-3180	412	7	the	the	DET
cjal-3180	412	8	independence	independence	NOUN
cjal-3180	412	9	of	of	ADP
cjal-3180	412	10	the	the	DET
cjal-3180	412	11	judiciary	judiciary	NOUN
cjal-3180	412	12	decreases	decrease	VERB
cjal-3180	412	13	,	,	PUNCT
cjal-3180	412	14	litigation	litigation	NOUN
cjal-3180	412	15	and	and	CCONJ
cjal-3180	412	16	"	"	PUNCT
cjal-3180	412	17	poison	poison	NOUN
cjal-3180	412	18	pill	pill	NOUN
cjal-3180	412	19	"	"	PUNCT
cjal-3180	412	20	or	or	CCONJ
cjal-3180	412	21	"	"	PUNCT
cjal-3180	412	22	shareholders	shareholder	NOUN
cjal-3180	412	23	'	'	PART
cjal-3180	412	24	rights	right	NOUN
cjal-3180	412	25	"	"	PUNCT
cjal-3180	412	26	plans	plan	NOUN
cjal-3180	412	27	are	be	AUX
cjal-3180	412	28	less	less	ADV
cjal-3180	412	29	likely	likely	ADJ
cjal-3180	412	30	to	to	PART
cjal-3180	412	31	play	play	VERB
cjal-3180	412	32	major	major	ADJ
cjal-3180	412	33	roles	role	NOUN
cjal-3180	412	34	since	since	SCONJ
cjal-3180	412	35	the	the	DET
cjal-3180	412	36	effectiveness	effectiveness	NOUN
cjal-3180	412	37	of	of	ADP
cjal-3180	412	38	either	either	PRON
cjal-3180	412	39	depends	depend	VERB
cjal-3180	412	40	on	on	ADP
cjal-3180	412	41	a	a	DET
cjal-3180	412	42	judicial	judicial	ADJ
cjal-3180	412	43	system	system	NOUN
cjal-3180	412	44	that	that	PRON
cjal-3180	412	45	produces	produce	VERB
cjal-3180	412	46	consistent	consistent	ADJ
cjal-3180	412	47	and	and	CCONJ
cjal-3180	412	48	enforceable	enforceable	ADJ
cjal-3180	412	49	results	result	NOUN
cjal-3180	412	50	.	.	PUNCT
cjal-3180	413	1	iv	iv	X
cjal-3180	413	2	.	.	PUNCT
cjal-3180	413	3	conclusion	conclusion	NOUN
cjal-3180	413	4	:	:	PUNCT
cjal-3180	413	5	preserving	preserve	VERB
cjal-3180	413	6	the	the	DET
cjal-3180	413	7	hong	hong	PROPN
cjal-3180	413	8	kong	kong	PROPN
cjal-3180	413	9	merger	merger	PROPN
cjal-3180	413	10	and	and	CCONJ
cjal-3180	413	11	acquisitions	acquisition	NOUN
cjal-3180	413	12	environment	environment	NOUN
cjal-3180	413	13	given	give	VERB
cjal-3180	413	14	the	the	DET
cjal-3180	413	15	above	above	ADJ
cjal-3180	413	16	concerns	concern	NOUN
cjal-3180	413	17	,	,	PUNCT
cjal-3180	413	18	a	a	DET
cjal-3180	413	19	comprehensive	comprehensive	ADJ
cjal-3180	413	20	review	review	NOUN
cjal-3180	413	21	of	of	ADP
cjal-3180	413	22	the	the	DET
cjal-3180	413	23	code	code	NOUN
cjal-3180	413	24	's	's	PART
cjal-3180	413	25	provisions	provision	NOUN
cjal-3180	413	26	with	with	ADP
cjal-3180	413	27	an	an	DET
cjal-3180	413	28	aim	aim	NOUN
cjal-3180	413	29	to	to	ADP
cjal-3180	413	30	enhancing	enhance	VERB
cjal-3180	413	31	its	its	PRON
cjal-3180	413	32	enforcement	enforcement	NOUN
cjal-3180	413	33	mechanisms	mechanism	NOUN
cjal-3180	413	34	should	should	AUX
cjal-3180	413	35	be	be	AUX
cjal-3180	413	36	undertaken	undertake	VERB
cjal-3180	413	37	in	in	ADP
cjal-3180	413	38	order	order	NOUN
cjal-3180	413	39	to	to	PART
cjal-3180	413	40	maintain	maintain	VERB
cjal-3180	413	41	the	the	DET
cjal-3180	413	42	quality	quality	NOUN
cjal-3180	413	43	and	and	CCONJ
cjal-3180	413	44	efficiency	efficiency	NOUN
cjal-3180	413	45	of	of	ADP
cjal-3180	413	46	the	the	DET
cjal-3180	413	47	hong	hong	PROPN
cjal-3180	413	48	kong	kong	PROPN
cjal-3180	413	49	merger	merger	PROPN
cjal-3180	413	50	and	and	CCONJ
cjal-3180	413	51	acquisitions	acquisition	NOUN
cjal-3180	413	52	environment	environment	NOUN
cjal-3180	413	53	.	.	PUNCT
cjal-3180	414	1	however	however	ADV
cjal-3180	414	2	,	,	PUNCT
cjal-3180	414	3	many	many	ADJ
cjal-3180	414	4	parties	party	NOUN
cjal-3180	414	5	do	do	AUX
cjal-3180	414	6	not	not	PART
cjal-3180	414	7	perceive	perceive	VERB
cjal-3180	414	8	a	a	DET
cjal-3180	414	9	need	need	NOUN
cjal-3180	414	10	for	for	ADP
cjal-3180	414	11	such	such	ADJ
cjal-3180	414	12	efforts	effort	NOUN
cjal-3180	414	13	or	or	CCONJ
cjal-3180	414	14	even	even	ADV
cjal-3180	414	15	agree	agree	VERB
cjal-3180	414	16	that	that	SCONJ
cjal-3180	414	17	market	market	NOUN
cjal-3180	414	18	efficiency	efficiency	NOUN
cjal-3180	414	19	is	be	AUX
cjal-3180	414	20	a	a	DET
cjal-3180	414	21	115	115	NUM
cjal-3180	414	22	.	.	PUNCT
cjal-3180	415	1	supra	supra	PROPN
cjal-3180	415	2	note	note	PROPN
cjal-3180	415	3	98	98	NUM
cjal-3180	415	4	.	.	PUNCT
cjal-3180	415	5	116	116	NUM
cjal-3180	415	6	.	.	PUNCT
cjal-3180	416	1	lai	lai	PROPN
cjal-3180	416	2	,	,	PUNCT
cjal-3180	416	3	supra	supra	PROPN
cjal-3180	416	4	note	note	PROPN
cjal-3180	416	5	56	56	NUM
cjal-3180	416	6	,	,	PUNCT
cjal-3180	416	7	at	at	ADP
cjal-3180	416	8	3	3	NUM
cjal-3180	416	9	.	.	PUNCT
cjal-3180	417	1	[	[	X
cjal-3180	417	2	12:1	12:1	NUM
cjal-3180	417	3	1	1	NUM
cjal-3180	417	4	&	&	CCONJ
cjal-3180	417	5	a	a	DET
cjal-3180	417	6	regulations	regulation	NOUN
cjal-3180	417	7	in	in	ADP
cjal-3180	417	8	hong	hong	PROPN
cjal-3180	417	9	kong	kong	PROPN
cjal-3180	417	10	desirable	desirable	ADJ
cjal-3180	417	11	goal	goal	NOUN
cjal-3180	417	12	.	.	PUNCT
cjal-3180	418	1	well	well	ADV
cjal-3180	418	2	-	-	PUNCT
cjal-3180	418	3	connected	connect	VERB
cjal-3180	418	4	firms	firm	NOUN
cjal-3180	418	5	and	and	CCONJ
cjal-3180	418	6	individuals	individual	NOUN
cjal-3180	418	7	for	for	ADP
cjal-3180	418	8	instance	instance	NOUN
cjal-3180	418	9	,	,	PUNCT
cjal-3180	418	10	might	might	AUX
cjal-3180	418	11	benefit	benefit	VERB
cjal-3180	418	12	in	in	ADP
cjal-3180	418	13	the	the	DET
cjal-3180	418	14	short	short	ADJ
cjal-3180	418	15	term	term	NOUN
cjal-3180	418	16	from	from	ADP
cjal-3180	418	17	the	the	DET
cjal-3180	418	18	code	code	NOUN
cjal-3180	418	19	's	's	PART
cjal-3180	418	20	erosion	erosion	NOUN
cjal-3180	418	21	,	,	PUNCT
cjal-3180	418	22	although	although	SCONJ
cjal-3180	418	23	in	in	ADP
cjal-3180	418	24	the	the	DET
cjal-3180	418	25	long	long	ADJ
cjal-3180	418	26	run	run	NOUN
cjal-3180	418	27	the	the	DET
cjal-3180	418	28	adverse	adverse	ADJ
cjal-3180	418	29	effect	effect	NOUN
cjal-3180	418	30	of	of	ADP
cjal-3180	418	31	lost	lose	VERB
cjal-3180	418	32	investor	investor	NOUN
cjal-3180	418	33	confidence	confidence	NOUN
cjal-3180	418	34	would	would	AUX
cjal-3180	418	35	probably	probably	ADV
cjal-3180	418	36	overwhelm	overwhelm	VERB
cjal-3180	418	37	the	the	DET
cjal-3180	418	38	short	short	ADJ
cjal-3180	418	39	term	term	NOUN
cjal-3180	418	40	advantages	advantage	NOUN
cjal-3180	418	41	.	.	PUNCT
cjal-3180	419	1	commentators	commentator	NOUN
cjal-3180	419	2	have	have	AUX
cjal-3180	419	3	also	also	ADV
cjal-3180	419	4	noted	note	VERB
cjal-3180	419	5	that	that	SCONJ
cjal-3180	419	6	any	any	DET
cjal-3180	419	7	sort	sort	NOUN
cjal-3180	419	8	of	of	ADP
cjal-3180	419	9	reform	reform	NOUN
cjal-3180	419	10	that	that	PRON
cjal-3180	419	11	attempts	attempt	VERB
cjal-3180	419	12	to	to	PART
cjal-3180	419	13	implement	implement	VERB
cjal-3180	419	14	practices	practice	NOUN
cjal-3180	419	15	modeled	model	VERB
cjal-3180	419	16	after	after	ADP
cjal-3180	419	17	those	those	PRON
cjal-3180	419	18	in	in	ADP
cjal-3180	419	19	used	use	VERB
cjal-3180	419	20	in	in	ADP
cjal-3180	419	21	the	the	DET
cjal-3180	419	22	united	united	PROPN
cjal-3180	419	23	states	states	PROPN
cjal-3180	419	24	or	or	CCONJ
cjal-3180	419	25	britain	britain	PROPN
cjal-3180	419	26	has	have	AUX
cjal-3180	419	27	met	meet	VERB
cjal-3180	419	28	with	with	ADP
cjal-3180	419	29	substantial	substantial	ADJ
cjal-3180	419	30	local	local	ADJ
cjal-3180	419	31	opposition	opposition	NOUN
cjal-3180	419	32	.	.	PUNCT
cjal-3180	419	33	"	"	PUNCT
cjal-3180	420	1	7	7	NUM
cjal-3180	420	2	as	as	SCONJ
cjal-3180	420	3	one	one	NUM
cjal-3180	420	4	explains	explain	VERB
cjal-3180	420	5	,	,	PUNCT
cjal-3180	420	6	"	"	PUNCT
cjal-3180	420	7	the	the	DET
cjal-3180	420	8	issue	issue	NOUN
cjal-3180	420	9	of	of	ADP
cjal-3180	420	10	chinese	chinese	ADJ
cjal-3180	420	11	succession	succession	NOUN
cjal-3180	420	12	plays	play	VERB
cjal-3180	420	13	out	out	ADP
cjal-3180	420	14	against	against	ADP
cjal-3180	420	15	a	a	DET
cjal-3180	420	16	backdrop	backdrop	NOUN
cjal-3180	420	17	of	of	ADP
cjal-3180	420	18	fierce	fierce	ADJ
cjal-3180	420	19	squabbling	squabbling	NOUN
cjal-3180	420	20	between	between	ADP
cjal-3180	420	21	local	local	ADJ
cjal-3180	420	22	brokers	broker	NOUN
cjal-3180	420	23	,	,	PUNCT
cjal-3180	420	24	who	who	PRON
cjal-3180	420	25	see	see	VERB
cjal-3180	420	26	reform	reform	NOUN
cjal-3180	420	27	as	as	ADP
cjal-3180	420	28	a	a	DET
cjal-3180	420	29	threat	threat	NOUN
cjal-3180	420	30	to	to	ADP
cjal-3180	420	31	their	their	PRON
cjal-3180	420	32	survival	survival	NOUN
cjal-3180	420	33	,	,	PUNCT
cjal-3180	420	34	and	and	CCONJ
cjal-3180	420	35	foreign	foreign	ADJ
cjal-3180	420	36	brokers	broker	NOUN
cjal-3180	420	37	,	,	PUNCT
cjal-3180	420	38	who	who	PRON
cjal-3180	420	39	want	want	VERB
cjal-3180	420	40	more	more	ADJ
cjal-3180	420	41	western	western	ADJ
cjal-3180	420	42	practices	practice	NOUN
cjal-3180	420	43	to	to	PART
cjal-3180	420	44	prevail	prevail	VERB
cjal-3180	420	45	.	.	PUNCT
cjal-3180	421	1	many	many	ADJ
cjal-3180	421	2	observers	observer	NOUN
cjal-3180	421	3	fear	fear	VERB
cjal-3180	421	4	that	that	SCONJ
cjal-3180	421	5	the	the	DET
cjal-3180	421	6	local	local	ADJ
cjal-3180	421	7	firms	firm	NOUN
cjal-3180	421	8	will	will	AUX
cjal-3180	421	9	ally	ally	VERB
cjal-3180	421	10	with	with	ADP
cjal-3180	421	11	chinese	chinese	ADJ
cjal-3180	421	12	officials	official	NOUN
cjal-3180	421	13	against	against	ADP
cjal-3180	421	14	the	the	DET
cjal-3180	421	15	western	western	ADJ
cjal-3180	421	16	financial	financial	ADJ
cjal-3180	421	17	houses	house	NOUN
cjal-3180	421	18	and	and	CCONJ
cjal-3180	421	19	thwart	thwart	VERB
cjal-3180	421	20	any	any	DET
cjal-3180	421	21	further	further	ADJ
cjal-3180	421	22	reform	reform	NOUN
cjal-3180	421	23	.	.	PUNCT
cjal-3180	422	1	118	118	NUM
cjal-3180	422	2	aside	aside	ADV
cjal-3180	422	3	from	from	ADP
cjal-3180	422	4	the	the	DET
cjal-3180	422	5	immediate	immediate	ADJ
cjal-3180	422	6	economic	economic	ADJ
cjal-3180	422	7	issues	issue	NOUN
cjal-3180	422	8	,	,	PUNCT
cjal-3180	422	9	the	the	DET
cjal-3180	422	10	difficulties	difficulty	NOUN
cjal-3180	422	11	in	in	ADP
cjal-3180	422	12	maintaining	maintain	VERB
cjal-3180	422	13	effective	effective	ADJ
cjal-3180	422	14	regulation	regulation	NOUN
cjal-3180	422	15	may	may	AUX
cjal-3180	422	16	stem	stem	VERB
cjal-3180	422	17	partly	partly	ADV
cjal-3180	422	18	from	from	ADP
cjal-3180	422	19	the	the	DET
cjal-3180	422	20	cultural	cultural	ADJ
cjal-3180	422	21	change	change	NOUN
cjal-3180	422	22	that	that	SCONJ
cjal-3180	422	23	the	the	DET
cjal-3180	422	24	return	return	NOUN
cjal-3180	422	25	to	to	ADP
cjal-3180	422	26	chinese	chinese	ADJ
cjal-3180	422	27	sovereignty	sovereignty	NOUN
cjal-3180	422	28	is	be	AUX
cjal-3180	422	29	bringing	bring	VERB
cjal-3180	422	30	.	.	PUNCT
cjal-3180	423	1	this	this	PRON
cjal-3180	423	2	has	have	VERB
cjal-3180	423	3	its	its	PRON
cjal-3180	423	4	roots	root	NOUN
cjal-3180	423	5	in	in	ADP
cjal-3180	423	6	the	the	DET
cjal-3180	423	7	control	control	NOUN
cjal-3180	423	8	that	that	PRON
cjal-3180	423	9	the	the	DET
cjal-3180	423	10	british	british	ADJ
cjal-3180	423	11	colonial	colonial	ADJ
cjal-3180	423	12	government	government	NOUN
cjal-3180	423	13	and	and	CCONJ
cjal-3180	423	14	powerful	powerful	ADJ
cjal-3180	423	15	british	british	ADJ
cjal-3180	423	16	trading	trading	NOUN
cjal-3180	423	17	houses	house	NOUN
cjal-3180	423	18	exerted	exert	VERB
cjal-3180	423	19	over	over	ADP
cjal-3180	423	20	local	local	ADJ
cjal-3180	423	21	business	business	NOUN
cjal-3180	423	22	practices	practice	NOUN
cjal-3180	423	23	since	since	SCONJ
cjal-3180	423	24	the	the	DET
cjal-3180	423	25	middle	middle	NOUN
cjal-3180	423	26	of	of	ADP
cjal-3180	423	27	the	the	DET
cjal-3180	423	28	nineteenth	nineteenth	ADJ
cjal-3180	423	29	century	century	NOUN
cjal-3180	423	30	1	1	NUM
cjal-3180	423	31	9	9	NUM
cjal-3180	423	32	the	the	DET
cjal-3180	423	33	degree	degree	NOUN
cjal-3180	423	34	of	of	ADP
cjal-3180	423	35	economic	economic	ADJ
cjal-3180	423	36	dominance	dominance	NOUN
cjal-3180	423	37	of	of	ADP
cjal-3180	423	38	british	british	ADJ
cjal-3180	423	39	firms	firm	NOUN
cjal-3180	423	40	through	through	ADP
cjal-3180	423	41	at	at	ADV
cjal-3180	423	42	least	least	ADJ
cjal-3180	423	43	1976	1976	NUM
cjal-3180	423	44	made	make	VERB
cjal-3180	423	45	regulating	regulate	VERB
cjal-3180	423	46	their	their	PRON
cjal-3180	423	47	activities	activity	NOUN
cjal-3180	423	48	of	of	ADP
cjal-3180	423	49	primary	primary	ADJ
cjal-3180	423	50	importance	importance	NOUN
cjal-3180	423	51	.	.	PUNCT
cjal-3180	424	1	thus	thus	ADV
cjal-3180	424	2	,	,	PUNCT
cjal-3180	424	3	methods	method	NOUN
cjal-3180	424	4	designed	design	VERB
cjal-3180	424	5	for	for	ADP
cjal-3180	424	6	effectiveness	effectiveness	NOUN
cjal-3180	424	7	with	with	ADP
cjal-3180	424	8	respect	respect	NOUN
cjal-3180	424	9	to	to	ADP
cjal-3180	424	10	these	these	DET
cjal-3180	424	11	firms	firm	NOUN
cjal-3180	424	12	were	be	AUX
cjal-3180	424	13	implemented	implement	VERB
cjal-3180	424	14	.	.	PUNCT
cjal-3180	425	1	20	20	NUM
cjal-3180	425	2	it	it	PRON
cjal-3180	425	3	is	be	AUX
cjal-3180	425	4	not	not	PART
cjal-3180	425	5	surprising	surprising	ADJ
cjal-3180	425	6	therefore	therefore	ADV
cjal-3180	425	7	that	that	SCONJ
cjal-3180	425	8	the	the	DET
cjal-3180	425	9	existing	exist	VERB
cjal-3180	425	10	scheme	scheme	NOUN
cjal-3180	425	11	of	of	ADP
cjal-3180	425	12	regulation	regulation	NOUN
cjal-3180	425	13	is	be	AUX
cjal-3180	425	14	patterned	pattern	VERB
cjal-3180	425	15	after	after	SCONJ
cjal-3180	425	16	the	the	DET
cjal-3180	425	17	methods	method	NOUN
cjal-3180	425	18	by	by	ADP
cjal-3180	425	19	which	which	PRON
cjal-3180	425	20	these	these	DET
cjal-3180	425	21	transactions	transaction	NOUN
cjal-3180	425	22	have	have	AUX
cjal-3180	425	23	historically	historically	ADV
cjal-3180	425	24	been	be	AUX
cjal-3180	425	25	regulated	regulate	VERB
cjal-3180	425	26	in	in	ADP
cjal-3180	425	27	britain	britain	PROPN
cjal-3180	425	28	and	and	CCONJ
cjal-3180	425	29	assumes	assume	VERB
cjal-3180	425	30	to	to	ADP
cjal-3180	425	31	some	some	DET
cjal-3180	425	32	degree	degree	NOUN
cjal-3180	425	33	shared	share	VERB
cjal-3180	425	34	cultural	cultural	ADJ
cjal-3180	425	35	values	value	NOUN
cjal-3180	425	36	and	and	CCONJ
cjal-3180	425	37	norms	norm	NOUN
cjal-3180	425	38	that	that	PRON
cjal-3180	425	39	encourage	encourage	VERB
cjal-3180	425	40	compliance	compliance	NOUN
cjal-3180	425	41	and	and	CCONJ
cjal-3180	425	42	make	make	VERB
cjal-3180	425	43	sanctions	sanction	NOUN
cjal-3180	425	44	effective	effective	ADJ
cjal-3180	425	45	.	.	PUNCT
cjal-3180	426	1	history	history	NOUN
cjal-3180	426	2	suggests	suggest	VERB
cjal-3180	426	3	though	though	ADV
cjal-3180	426	4	,	,	PUNCT
cjal-3180	426	5	that	that	SCONJ
cjal-3180	426	6	chinese	chinese	ADJ
cjal-3180	426	7	culture	culture	NOUN
cjal-3180	426	8	has	have	AUX
cjal-3180	426	9	traditionally	traditionally	ADV
cjal-3180	426	10	embraced	embrace	VERB
cjal-3180	426	11	different	different	ADJ
cjal-3180	426	12	values	value	NOUN
cjal-3180	426	13	and	and	CCONJ
cjal-3180	426	14	norms	norm	NOUN
cjal-3180	426	15	and	and	CCONJ
cjal-3180	426	16	,	,	PUNCT
cjal-3180	426	17	in	in	ADP
cjal-3180	426	18	particular	particular	ADJ
cjal-3180	426	19	,	,	PUNCT
cjal-3180	426	20	has	have	AUX
cjal-3180	426	21	long	long	ADV
cjal-3180	426	22	emphasized	emphasize	VERB
cjal-3180	426	23	a	a	DET
cjal-3180	426	24	clearly	clearly	ADV
cjal-3180	426	25	defined	define	VERB
cjal-3180	426	26	social	social	ADJ
cjal-3180	426	27	structure	structure	NOUN
cjal-3180	426	28	that	that	PRON
cjal-3180	426	29	imposes	impose	VERB
cjal-3180	426	30	strict	strict	ADJ
cjal-3180	426	31	or	or	CCONJ
cjal-3180	426	32	authoritarian	authoritarian	ADJ
cjal-3180	426	33	control	control	NOUN
cjal-3180	426	34	upon	upon	SCONJ
cjal-3180	426	35	its	its	PRON
cjal-3180	426	36	members.12	members.12	PROPN
cjal-3180	426	37	'	'	PART
cjal-3180	426	38	these	these	DET
cjal-3180	426	39	social	social	ADJ
cjal-3180	426	40	control	control	NOUN
cjal-3180	426	41	methods	method	NOUN
cjal-3180	426	42	117	117	NUM
cjal-3180	426	43	.	.	PUNCT
cjal-3180	427	1	see	see	VERB
cjal-3180	427	2	mark	mark	PROPN
cjal-3180	427	3	sharp	sharp	ADJ
cjal-3180	427	4	,	,	PUNCT
cjal-3180	427	5	fresh	fresh	ADJ
cjal-3180	427	6	voice	voice	NOUN
cjal-3180	427	7	in	in	ADP
cjal-3180	427	8	legco	legco	PROPN
cjal-3180	427	9	needed	need	VERB
cjal-3180	427	10	,	,	PUNCT
cjal-3180	427	11	s.	s.	PROPN
cjal-3180	427	12	china	china	PROPN
cjal-3180	427	13	morning	morning	PROPN
cjal-3180	427	14	post	post	PROPN
cjal-3180	427	15	,	,	PUNCT
cjal-3180	427	16	mar	mar	PROPN
cjal-3180	427	17	.	.	PROPN
cjal-3180	427	18	8	8	NUM
cjal-3180	427	19	,	,	PUNCT
cjal-3180	427	20	1998	1998	NUM
cjal-3180	427	21	,	,	PUNCT
cjal-3180	427	22	at2	at2	PROPN
cjal-3180	427	23	(	(	PUNCT
cjal-3180	427	24	noting	note	VERB
cjal-3180	427	25	that	that	SCONJ
cjal-3180	427	26	the	the	DET
cjal-3180	427	27	securities	security	NOUN
cjal-3180	427	28	and	and	CCONJ
cjal-3180	427	29	futures	future	NOUN
cjal-3180	427	30	commission	commission	NOUN
cjal-3180	427	31	has	have	AUX
cjal-3180	427	32	discussed	discuss	VERB
cjal-3180	427	33	,	,	PUNCT
cjal-3180	427	34	but	but	CCONJ
cjal-3180	427	35	is	be	AUX
cjal-3180	427	36	"	"	PUNCT
cjal-3180	427	37	expecting	expect	VERB
cjal-3180	427	38	a	a	DET
cjal-3180	427	39	tough	tough	ADJ
cjal-3180	427	40	time	time	NOUN
cjal-3180	427	41	devising	devise	VERB
cjal-3180	427	42	"	"	PUNCT
cjal-3180	427	43	,	,	PUNCT
cjal-3180	427	44	a	a	DET
cjal-3180	427	45	code	code	NOUN
cjal-3180	427	46	of	of	ADP
cjal-3180	427	47	conduct	conduct	NOUN
cjal-3180	427	48	for	for	ADP
cjal-3180	427	49	merger	merger	NOUN
cjal-3180	427	50	and	and	CCONJ
cjal-3180	427	51	acquisitions	acquisition	NOUN
cjal-3180	427	52	professionals	professional	NOUN
cjal-3180	427	53	)	)	PUNCT
cjal-3180	427	54	.	.	PUNCT
cjal-3180	428	1	118	118	NUM
cjal-3180	428	2	.	.	PUNCT
cjal-3180	429	1	clifford	clifford	PROPN
cjal-3180	429	2	,	,	PUNCT
cjal-3180	429	3	supra	supra	PROPN
cjal-3180	429	4	note	note	PROPN
cjal-3180	429	5	7	7	NUM
cjal-3180	429	6	,	,	PUNCT
cjal-3180	429	7	at	at	ADP
cjal-3180	429	8	42	42	NUM
cjal-3180	429	9	.	.	PUNCT
cjal-3180	430	1	119	119	NUM
cjal-3180	430	2	.	.	PUNCT
cjal-3180	430	3	katharyne	katharyne	PROPN
cjal-3180	430	4	mitchell	mitchell	PROPN
cjal-3180	430	5	,	,	PUNCT
cjal-3180	430	6	flexible	flexible	ADJ
cjal-3180	430	7	circulation	circulation	NOUN
cjal-3180	430	8	in	in	ADP
cjal-3180	430	9	the	the	DET
cjal-3180	430	10	pacific	pacific	ADJ
cjal-3180	430	11	rim	rim	PROPN
cjal-3180	430	12	:	:	PUNCT
cjal-3180	430	13	capitalisms	capitalism	NOUN
cjal-3180	430	14	in	in	ADP
cjal-3180	430	15	cultural	cultural	ADJ
cjal-3180	430	16	context	context	NOUN
cjal-3180	430	17	,	,	PUNCT
cjal-3180	430	18	econ	econ	PROPN
cjal-3180	430	19	.	.	PUNCT
cjal-3180	431	1	geography	geography	PROPN
cjal-3180	431	2	,	,	PUNCT
cjal-3180	431	3	oct	oct	PROPN
cjal-3180	431	4	.	.	PROPN
cjal-3180	431	5	1995	1995	NUM
cjal-3180	431	6	,	,	PUNCT
cjal-3180	431	7	at	at	ADP
cjal-3180	431	8	364	364	NUM
cjal-3180	431	9	.	.	PUNCT
cjal-3180	431	10	120	120	NUM
cjal-3180	431	11	.	.	PUNCT
cjal-3180	432	1	see	see	VERB
cjal-3180	432	2	i	i	PRON
cjal-3180	432	3	d.	d.	PROPN
cjal-3180	432	4	121	121	NUM
cjal-3180	432	5	.	.	PUNCT
cjal-3180	433	1	anne	anne	PROPN
cjal-3180	433	2	thurston	thurston	PROPN
cjal-3180	433	3	,	,	PUNCT
cjal-3180	433	4	a	a	DET
cjal-3180	433	5	society	society	NOUN
cjal-3180	433	6	at	at	ADP
cjal-3180	433	7	the	the	DET
cjal-3180	433	8	crossroads	crossroad	NOUN
cjal-3180	433	9	;	;	PUNCT
cjal-3180	433	10	chinese	chinese	ADJ
cjal-3180	433	11	society	society	NOUN
cjal-3180	433	12	faces	face	VERB
cjal-3180	433	13	change	change	NOUN
cjal-3180	433	14	in	in	ADP
cjal-3180	433	15	values	value	NOUN
cjal-3180	433	16	with	with	ADP
cjal-3180	433	17	economic	economic	ADJ
cjal-3180	433	18	growth	growth	NOUN
cjal-3180	433	19	,	,	PUNCT
cjal-3180	433	20	china	china	PROPN
cjal-3180	433	21	bus	bus	PROPN
cjal-3180	433	22	.	.	PUNCT
cjal-3180	434	1	rev	rev	PROPN
cjal-3180	434	2	.	.	PROPN
cjal-3180	434	3	,	,	PUNCT
cjal-3180	434	4	may	may	AUX
cjal-3180	434	5	1994	1994	NUM
cjal-3180	434	6	,	,	PUNCT
cjal-3180	434	7	at	at	ADP
cjal-3180	434	8	16	16	NUM
cjal-3180	434	9	(	(	PUNCT
cjal-3180	434	10	explaining	explain	VERB
cjal-3180	434	11	that	that	SCONJ
cjal-3180	434	12	"	"	PUNCT
cjal-3180	434	13	chinese	chinese	ADJ
cjal-3180	434	14	values	value	NOUN
cjal-3180	434	15	,	,	PUNCT
cjal-3180	434	16	both	both	CCONJ
cjal-3180	434	17	confucian	confucian	ADJ
cjal-3180	434	18	and	and	CCONJ
cjal-3180	434	19	communist	communist	ADJ
cjal-3180	434	20	,	,	PUNCT
cjal-3180	434	21	have	have	AUX
cjal-3180	434	22	been	be	AUX
cjal-3180	434	23	fundamentally	fundamentally	ADV
cjal-3180	434	24	based	base	VERB
cjal-3180	434	25	on	on	ADP
cjal-3180	434	26	a	a	DET
cjal-3180	434	27	correct	correct	ADJ
cjal-3180	434	28	ordering	ordering	NOUN
cjal-3180	434	29	and	and	CCONJ
cjal-3180	434	30	hierarchy	hierarchy	NOUN
cjal-3180	434	31	of	of	ADP
cjal-3180	434	32	human	human	ADJ
cjal-3180	434	33	relations	relation	NOUN
cjal-3180	434	34	"	"	PUNCT
cjal-3180	434	35	)	)	PUNCT
cjal-3180	434	36	;	;	PUNCT
cjal-3180	434	37	peter	peter	PROPN
cjal-3180	434	38	seidlitz	seidlitz	PROPN
cjal-3180	434	39	and	and	CCONJ
cjal-3180	434	40	david	david	PROPN
cjal-3180	434	41	murphy	murphy	PROPN
cjal-3180	434	42	,	,	PUNCT
cjal-3180	434	43	business	business	NOUN
cjal-3180	434	44	ethics	ethic	NOUN
cjal-3180	434	45	focus	focus	VERB
cjal-3180	434	46	of	of	ADP
cjal-3180	434	47	mainland	mainland	NOUN
cjal-3180	434	48	conference	conference	NOUN
cjal-3180	434	49	,	,	PUNCT
cjal-3180	434	50	s.	s.	PROPN
cjal-3180	434	51	china	china	PROPN
cjal-3180	434	52	morning	morning	PROPN
cjal-3180	434	53	post	post	PROPN
cjal-3180	434	54	,	,	PUNCT
cjal-3180	434	55	apr	apr	PROPN
cjal-3180	434	56	.	.	PROPN
cjal-3180	434	57	13	13	NUM
cjal-3180	434	58	,	,	PUNCT
cjal-3180	434	59	1997	1997	NUM
cjal-3180	434	60	,	,	PUNCT
cjal-3180	434	61	at	at	ADP
cjal-3180	434	62	3	3	NUM
cjal-3180	434	63	(	(	PUNCT
cjal-3180	434	64	noting	note	VERB
cjal-3180	434	65	that	that	SCONJ
cjal-3180	434	66	china	china	PROPN
cjal-3180	434	67	has	have	AUX
cjal-3180	434	68	been	be	AUX
cjal-3180	434	69	"	"	PUNCT
cjal-3180	434	70	strictly	strictly	ADV
cjal-3180	434	71	authoritarian	authoritarian	ADJ
cjal-3180	434	72	"	"	PUNCT
cjal-3180	434	73	before	before	ADP
cjal-3180	434	74	and	and	CCONJ
cjal-3180	434	75	during	during	ADP
cjal-3180	434	76	rule	rule	NOUN
cjal-3180	434	77	by	by	ADP
cjal-3180	434	78	the	the	DET
cjal-3180	434	79	communist	communist	PROPN
cjal-3180	434	80	party	party	PROPN
cjal-3180	434	81	)	)	PUNCT
cjal-3180	434	82	.	.	PUNCT
cjal-3180	435	1	1998	1998	NUM
cjal-3180	435	2	]	]	PUNCT
cjal-3180	435	3	columbia	columbia	PROPN
cjal-3180	435	4	journal	journal	PROPN
cjal-3180	435	5	of	of	ADP
cjal-3180	435	6	asian	asian	ADJ
cjal-3180	435	7	law	law	NOUN
cjal-3180	435	8	differ	differ	VERB
cjal-3180	435	9	markedly	markedly	ADV
cjal-3180	435	10	from	from	ADP
cjal-3180	435	11	the	the	DET
cjal-3180	435	12	british	british	ADJ
cjal-3180	435	13	system	system	NOUN
cjal-3180	435	14	which	which	PRON
cjal-3180	435	15	emphasizes	emphasize	VERB
cjal-3180	435	16	individual	individual	ADJ
cjal-3180	435	17	self	self	NOUN
cjal-3180	435	18	-	-	PUNCT
cjal-3180	435	19	regulation	regulation	NOUN
cjal-3180	435	20	and	and	CCONJ
cjal-3180	435	21	make	make	VERB
cjal-3180	435	22	it	it	PRON
cjal-3180	435	23	likely	likely	ADJ
cjal-3180	435	24	that	that	SCONJ
cjal-3180	435	25	methods	method	NOUN
cjal-3180	435	26	that	that	PRON
cjal-3180	435	27	attain	attain	VERB
cjal-3180	435	28	an	an	DET
cjal-3180	435	29	optimal	optimal	ADJ
cjal-3180	435	30	level	level	NOUN
cjal-3180	435	31	of	of	ADP
cjal-3180	435	32	deterrence	deterrence	NOUN
cjal-3180	435	33	in	in	ADP
cjal-3180	435	34	one	one	NUM
cjal-3180	435	35	system	system	NOUN
cjal-3180	435	36	would	would	AUX
cjal-3180	435	37	not	not	PART
cjal-3180	435	38	have	have	VERB
cjal-3180	435	39	the	the	DET
cjal-3180	435	40	same	same	ADJ
cjal-3180	435	41	effect	effect	NOUN
cjal-3180	435	42	in	in	ADP
cjal-3180	435	43	the	the	DET
cjal-3180	435	44	other	other	ADJ
cjal-3180	435	45	.	.	PUNCT
cjal-3180	436	1	22	22	NUM
cjal-3180	436	2	because	because	SCONJ
cjal-3180	436	3	chinese	chinese	ADJ
cjal-3180	436	4	firms	firm	NOUN
cjal-3180	436	5	are	be	AUX
cjal-3180	436	6	superceding	supercede	VERB
cjal-3180	436	7	british	british	ADJ
cjal-3180	436	8	and	and	CCONJ
cjal-3180	436	9	western	western	ADJ
cjal-3180	436	10	firms	firm	NOUN
cjal-3180	436	11	in	in	ADP
cjal-3180	436	12	market	market	NOUN
cjal-3180	436	13	capitalization	capitalization	NOUN
cjal-3180	436	14	and	and	CCONJ
cjal-3180	436	15	local	local	ADJ
cjal-3180	436	16	importance,'23	importance,'23	PROPN
cjal-3180	437	1	the	the	DET
cjal-3180	437	2	dominant	dominant	ADJ
cjal-3180	437	3	players	player	NOUN
cjal-3180	437	4	in	in	ADP
cjal-3180	437	5	the	the	DET
cjal-3180	437	6	hong	hong	PROPN
cjal-3180	437	7	kong	kong	PROPN
cjal-3180	437	8	business	business	PROPN
cjal-3180	437	9	environment	environment	NOUN
cjal-3180	437	10	are	be	AUX
cjal-3180	437	11	regulated	regulate	VERB
cjal-3180	437	12	by	by	ADP
cjal-3180	437	13	rules	rule	NOUN
cjal-3180	437	14	that	that	PRON
cjal-3180	437	15	are	be	AUX
cjal-3180	437	16	not	not	PART
cjal-3180	437	17	culturally	culturally	ADV
cjal-3180	437	18	relevant	relevant	ADJ
cjal-3180	437	19	and	and	CCONJ
cjal-3180	437	20	result	result	VERB
cjal-3180	437	21	in	in	ADP
cjal-3180	437	22	under	under	NOUN
cjal-3180	437	23	-	-	PUNCT
cjal-3180	437	24	deterrence	deterrence	NOUN
cjal-3180	437	25	.	.	PUNCT
cjal-3180	438	1	24	24	NUM
cjal-3180	438	2	some	some	DET
cjal-3180	438	3	historians	historian	NOUN
cjal-3180	438	4	also	also	ADV
cjal-3180	438	5	argue	argue	VERB
cjal-3180	438	6	that	that	SCONJ
cjal-3180	438	7	throughout	throughout	ADP
cjal-3180	438	8	china	china	PROPN
cjal-3180	438	9	's	's	PART
cjal-3180	438	10	history	history	NOUN
cjal-3180	438	11	the	the	DET
cjal-3180	438	12	end	end	NOUN
cjal-3180	438	13	of	of	ADP
cjal-3180	438	14	each	each	DET
cjal-3180	438	15	dynasty	dynasty	NOUN
cjal-3180	438	16	brought	bring	VERB
cjal-3180	438	17	with	with	ADP
cjal-3180	438	18	it	it	PRON
cjal-3180	438	19	a	a	DET
cjal-3180	438	20	period	period	NOUN
cjal-3180	438	21	of	of	ADP
cjal-3180	438	22	chaos	chaos	NOUN
cjal-3180	438	23	and	and	CCONJ
cjal-3180	438	24	disorder	disorder	NOUN
cjal-3180	438	25	where	where	SCONJ
cjal-3180	438	26	social	social	ADJ
cjal-3180	438	27	control	control	NOUN
cjal-3180	438	28	systems	system	NOUN
cjal-3180	438	29	collapsed	collapse	VERB
cjal-3180	438	30	and	and	CCONJ
cjal-3180	438	31	individuals	individual	NOUN
cjal-3180	438	32	acted	act	VERB
cjal-3180	438	33	without	without	ADP
cjal-3180	438	34	constraint	constraint	NOUN
cjal-3180	438	35	to	to	PART
cjal-3180	438	36	maximize	maximize	VERB
cjal-3180	438	37	their	their	PRON
cjal-3180	438	38	personal	personal	ADJ
cjal-3180	438	39	benefit	benefit	NOUN
cjal-3180	438	40	before	before	SCONJ
cjal-3180	438	41	a	a	DET
cjal-3180	438	42	new	new	ADJ
cjal-3180	438	43	government	government	NOUN
cjal-3180	438	44	reimposed	reimpose	VERB
cjal-3180	438	45	order	order	NOUN
cjal-3180	438	46	and	and	CCONJ
cjal-3180	438	47	the	the	DET
cjal-3180	438	48	chance	chance	NOUN
cjal-3180	438	49	for	for	ADP
cjal-3180	438	50	rapid	rapid	ADJ
cjal-3180	438	51	social	social	ADJ
cjal-3180	438	52	mobility	mobility	NOUN
cjal-3180	438	53	disappeared	disappear	VERB
cjal-3180	438	54	again	again	ADV
cjal-3180	438	55	.	.	PUNCT
cjal-3180	439	1	25	25	NUM
cjal-3180	439	2	in	in	ADP
cjal-3180	439	3	other	other	ADJ
cjal-3180	439	4	words	word	NOUN
cjal-3180	439	5	,	,	PUNCT
cjal-3180	439	6	"	"	PUNCT
cjal-3180	439	7	as	as	SCONJ
cjal-3180	439	8	the	the	DET
cjal-3180	439	9	dynasty	dynasty	NOUN
cjal-3180	439	10	slides	slide	VERB
cjal-3180	439	11	unpredictably	unpredictably	ADV
cjal-3180	439	12	toward	toward	ADP
cjal-3180	439	13	its	its	PRON
cjal-3180	439	14	end	end	NOUN
cjal-3180	439	15	,	,	PUNCT
cjal-3180	439	16	its	its	PRON
cjal-3180	439	17	legitimacy	legitimacy	NOUN
cjal-3180	439	18	sapped	sap	VERB
cjal-3180	439	19	and	and	CCONJ
cjal-3180	439	20	its	its	PRON
cjal-3180	439	21	control	control	NOUN
cjal-3180	439	22	slipping	slipping	NOUN
cjal-3180	439	23	,	,	PUNCT
cjal-3180	439	24	[	[	X
cjal-3180	439	25	citizens	citizen	NOUN
cjal-3180	439	26	]	]	PUNCT
cjal-3180	439	27	grab	grab	VERB
cjal-3180	439	28	what	what	PRON
cjal-3180	439	29	they	they	PRON
cjal-3180	439	30	can	can	AUX
cjal-3180	439	31	...	...	PUNCT
cjal-3180	439	32	before	before	SCONJ
cjal-3180	439	33	chaos	chaos	NOUN
cjal-3180	439	34	progresses	progress	VERB
cjal-3180	439	35	to	to	ADP
cjal-3180	439	36	the	the	DET
cjal-3180	439	37	point	point	NOUN
cjal-3180	439	38	where	where	SCONJ
cjal-3180	439	39	nothing	nothing	PRON
cjal-3180	439	40	is	be	AUX
cjal-3180	439	41	possible	possible	ADJ
cjal-3180	439	42	or	or	CCONJ
cjal-3180	439	43	before	before	SCONJ
cjal-3180	439	44	order	order	NOUN
cjal-3180	439	45	is	be	AUX
cjal-3180	439	46	restored	restore	VERB
cjal-3180	439	47	and	and	CCONJ
cjal-3180	439	48	opportunities	opportunity	NOUN
cjal-3180	439	49	vanish	vanish	VERB
cjal-3180	439	50	.	.	PUNCT
cjal-3180	440	1	"1	"1	NOUN
cjal-3180	440	2	26	26	NUM
cjal-3180	441	1	arguably	arguably	ADV
cjal-3180	441	2	such	such	DET
cjal-3180	441	3	an	an	DET
cjal-3180	441	4	"	"	PUNCT
cjal-3180	441	5	end	end	NOUN
cjal-3180	441	6	of	of	ADP
cjal-3180	441	7	the	the	DET
cjal-3180	441	8	dynasty	dynasty	NOUN
cjal-3180	441	9	"	"	PUNCT
cjal-3180	441	10	period	period	NOUN
cjal-3180	441	11	is	be	AUX
cjal-3180	441	12	occurring	occur	VERB
cjal-3180	441	13	or	or	CCONJ
cjal-3180	441	14	just	just	ADV
cjal-3180	441	15	ending	end	VERB
cjal-3180	441	16	in	in	ADP
cjal-3180	441	17	china	china	PROPN
cjal-3180	441	18	and	and	CCONJ
cjal-3180	441	19	helps	help	VERB
cjal-3180	441	20	explain	explain	VERB
cjal-3180	441	21	the	the	DET
cjal-3180	441	22	rapid	rapid	ADJ
cjal-3180	441	23	rise	rise	NOUN
cjal-3180	441	24	in	in	ADP
cjal-3180	441	25	corruption	corruption	NOUN
cjal-3180	441	26	.	.	PUNCT
cjal-3180	442	1	27	27	NUM
cjal-3180	442	2	under	under	ADP
cjal-3180	442	3	this	this	DET
cjal-3180	442	4	scenario	scenario	NOUN
cjal-3180	442	5	,	,	PUNCT
cjal-3180	442	6	abuse	abuse	NOUN
cjal-3180	442	7	of	of	ADP
cjal-3180	442	8	the	the	DET
cjal-3180	442	9	existing	exist	VERB
cjal-3180	442	10	hong	hong	PROPN
cjal-3180	442	11	kong	kong	PROPN
cjal-3180	442	12	merger	merger	PROPN
cjal-3180	442	13	and	and	CCONJ
cjal-3180	442	14	acquisition	acquisition	NOUN
cjal-3180	442	15	regulatory	regulatory	ADJ
cjal-3180	442	16	system	system	NOUN
cjal-3180	442	17	by	by	ADP
cjal-3180	442	18	individuals	individual	NOUN
cjal-3180	442	19	able	able	ADJ
cjal-3180	442	20	to	to	PART
cjal-3180	442	21	do	do	VERB
cjal-3180	442	22	122	122	NUM
cjal-3180	442	23	.	.	PUNCT
cjal-3180	443	1	see	see	VERB
cjal-3180	443	2	richard	richard	PROPN
cjal-3180	443	3	priem	priem	PROPN
cjal-3180	443	4	,	,	PUNCT
cjal-3180	443	5	et	et	PROPN
cjal-3180	443	6	al	al	PROPN
cjal-3180	443	7	.	.	PROPN
cjal-3180	443	8	,	,	PUNCT
cjal-3180	443	9	moral	moral	ADJ
cjal-3180	443	10	judgment	judgment	NOUN
cjal-3180	443	11	and	and	CCONJ
cjal-3180	443	12	values	value	NOUN
cjal-3180	443	13	in	in	ADP
cjal-3180	443	14	a	a	DET
cjal-3180	443	15	developed	developed	ADJ
cjal-3180	443	16	and	and	CCONJ
cjal-3180	443	17	a	a	DET
cjal-3180	443	18	developing	develop	VERB
cjal-3180	443	19	nation	nation	NOUN
cjal-3180	443	20	:	:	PUNCT
cjal-3180	443	21	a	a	DET
cjal-3180	443	22	comparative	comparative	ADJ
cjal-3180	443	23	analysis	analysis	NOUN
cjal-3180	443	24	,	,	PUNCT
cjal-3180	443	25	17	17	NUM
cjal-3180	443	26	j.	j.	PROPN
cjal-3180	443	27	bus.etrtcs	bus.etrtcs	PROPN
cjal-3180	443	28	(	(	PUNCT
cjal-3180	443	29	1998	1998	NUM
cjal-3180	443	30	)	)	PUNCT
cjal-3180	443	31	(	(	PUNCT
cjal-3180	443	32	noting	note	VERB
cjal-3180	443	33	that	that	SCONJ
cjal-3180	443	34	comparative	comparative	ADJ
cjal-3180	443	35	studies	study	NOUN
cjal-3180	443	36	generally	generally	ADV
cjal-3180	443	37	find	find	VERB
cjal-3180	443	38	similar	similar	ADJ
cjal-3180	443	39	ethical	ethical	ADJ
cjal-3180	443	40	attitudes	attitude	NOUN
cjal-3180	443	41	among	among	ADP
cjal-3180	443	42	developed	develop	VERB
cjal-3180	443	43	western	western	ADJ
cjal-3180	443	44	countries	country	NOUN
cjal-3180	443	45	but	but	CCONJ
cjal-3180	443	46	some	some	DET
cjal-3180	443	47	differences	difference	NOUN
cjal-3180	443	48	when	when	SCONJ
cjal-3180	443	49	developed	develop	VERB
cjal-3180	443	50	western	western	ADJ
cjal-3180	443	51	and	and	CCONJ
cjal-3180	443	52	developed	developed	ADJ
cjal-3180	443	53	asian	asian	ADJ
cjal-3180	443	54	countries	country	NOUN
cjal-3180	443	55	are	be	AUX
cjal-3180	443	56	compared	compare	VERB
cjal-3180	443	57	)	)	PUNCT
cjal-3180	443	58	.	.	PUNCT
cjal-3180	444	1	see	see	VERB
cjal-3180	444	2	also	also	ADV
cjal-3180	444	3	studies	study	NOUN
cjal-3180	444	4	cited	cite	VERB
cjal-3180	444	5	by	by	ADP
cjal-3180	444	6	lisa	lisa	PROPN
cjal-3180	444	7	pelled	pelle	VERB
cjal-3180	444	8	and	and	CCONJ
cjal-3180	444	9	katherine	katherine	PROPN
cjal-3180	444	10	xin	xin	PROPN
cjal-3180	444	11	,	,	PUNCT
cjal-3180	444	12	work	work	NOUN
cjal-3180	444	13	values	value	NOUN
cjal-3180	444	14	and	and	CCONJ
cjal-3180	444	15	their	their	PRON
cjal-3180	444	16	human	human	ADJ
cjal-3180	444	17	resource	resource	NOUN
cjal-3180	444	18	management	management	NOUN
cjal-3180	444	19	implications	implication	NOUN
cjal-3180	444	20	:	:	PUNCT
cjal-3180	444	21	a	a	DET
cjal-3180	444	22	theoretical	theoretical	ADJ
cjal-3180	444	23	comparison	comparison	NOUN
cjal-3180	444	24	of	of	ADP
cjal-3180	444	25	china	china	PROPN
cjal-3180	444	26	,	,	PUNCT
cjal-3180	444	27	mexico	mexico	PROPN
cjal-3180	444	28	and	and	CCONJ
cjal-3180	444	29	the	the	DET
cjal-3180	444	30	united	united	PROPN
cjal-3180	444	31	states	states	PROPN
cjal-3180	444	32	,	,	PUNCT
cjal-3180	444	33	6	6	NUM
cjal-3180	444	34	j.	j.	PROPN
cjal-3180	444	35	applied	apply	VERB
cjal-3180	444	36	mgmt	mgmt	PROPN
cjal-3180	444	37	.	.	PUNCT
cjal-3180	444	38	stud	stud	PROPN
cjal-3180	444	39	.	.	PUNCT
cjal-3180	444	40	,	,	PUNCT
cjal-3180	444	41	185198	185198	NUM
cjal-3180	444	42	(	(	PUNCT
cjal-3180	444	43	1997	1997	NUM
cjal-3180	444	44	)	)	PUNCT
cjal-3180	444	45	(	(	PUNCT
cjal-3180	444	46	suggesting	suggest	VERB
cjal-3180	444	47	"	"	PUNCT
cjal-3180	444	48	that	that	SCONJ
cjal-3180	444	49	national	national	ADJ
cjal-3180	444	50	culture	culture	NOUN
cjal-3180	444	51	and	and	CCONJ
cjal-3180	444	52	business	business	NOUN
cjal-3180	444	53	environment	environment	NOUN
cjal-3180	444	54	are	be	AUX
cjal-3180	444	55	two	two	NUM
cjal-3180	444	56	major	major	ADJ
cjal-3180	444	57	forces	force	NOUN
cjal-3180	444	58	in	in	ADP
cjal-3180	444	59	shaping	shape	VERB
cjal-3180	444	60	the	the	DET
cjal-3180	444	61	formation	formation	NOUN
cjal-3180	444	62	of	of	ADP
cjal-3180	444	63	work	work	NOUN
cjal-3180	444	64	values	value	NOUN
cjal-3180	444	65	in	in	ADP
cjal-3180	444	66	organizations	organization	NOUN
cjal-3180	444	67	.	.	PUNCT
cjal-3180	444	68	"	"	PUNCT
cjal-3180	444	69	)	)	PUNCT
cjal-3180	445	1	123	123	NUM
cjal-3180	445	2	.	.	PUNCT
cjal-3180	446	1	mitchell	mitchell	PROPN
cjal-3180	446	2	,	,	PUNCT
cjal-3180	446	3	supra	supra	PROPN
cjal-3180	446	4	note	note	PROPN
cjal-3180	446	5	119	119	NUM
cjal-3180	446	6	,	,	PUNCT
cjal-3180	446	7	at	at	ADP
cjal-3180	446	8	364	364	NUM
cjal-3180	446	9	(	(	PUNCT
cjal-3180	446	10	explaining	explain	VERB
cjal-3180	446	11	that	that	SCONJ
cjal-3180	446	12	"	"	PUNCT
cjal-3180	446	13	by	by	ADP
cjal-3180	446	14	1986	1986	NUM
cjal-3180	446	15	,	,	PUNCT
cjal-3180	446	16	the	the	DET
cjal-3180	446	17	rapid	rapid	ADJ
cjal-3180	446	18	rise	rise	NOUN
cjal-3180	446	19	of	of	ADP
cjal-3180	446	20	large	large	ADJ
cjal-3180	446	21	,	,	PUNCT
cjal-3180	446	22	multicompany	multicompany	NOUN
cjal-3180	446	23	chinese	chinese	ADJ
cjal-3180	446	24	businesses	business	NOUN
cjal-3180	446	25	and	and	CCONJ
cjal-3180	446	26	the	the	DET
cjal-3180	446	27	exodus	exodus	NOUN
cjal-3180	446	28	of	of	ADP
cjal-3180	446	29	many	many	ADJ
cjal-3180	446	30	british	british	ADJ
cjal-3180	446	31	businesses	business	NOUN
cjal-3180	446	32	transformed	transform	VERB
cjal-3180	446	33	the	the	DET
cjal-3180	446	34	economic	economic	ADJ
cjal-3180	446	35	profile	profile	NOUN
cjal-3180	446	36	of	of	ADP
cjal-3180	446	37	hong	hong	PROPN
cjal-3180	446	38	kong	kong	PROPN
cjal-3180	446	39	"	"	PUNCT
cjal-3180	446	40	)	)	PUNCT
cjal-3180	446	41	.	.	PUNCT
cjal-3180	447	1	124	124	NUM
cjal-3180	447	2	.	.	PUNCT
cjal-3180	448	1	see	see	VERB
cjal-3180	448	2	studies	study	NOUN
cjal-3180	448	3	cited	cite	VERB
cjal-3180	448	4	by	by	ADP
cjal-3180	448	5	peter	peter	PROPN
cjal-3180	448	6	antoniou	antoniou	PROPN
cjal-3180	448	7	and	and	CCONJ
cjal-3180	448	8	katherine	katherine	PROPN
cjal-3180	448	9	whitman	whitman	PROPN
cjal-3180	448	10	,	,	PUNCT
cjal-3180	448	11	understanding	understand	VERB
cjal-3180	448	12	chinese	chinese	ADJ
cjal-3180	448	13	interpersonal	interpersonal	ADJ
cjal-3180	448	14	norms	norm	NOUN
cjal-3180	448	15	and	and	CCONJ
cjal-3180	448	16	effective	effective	ADJ
cjal-3180	448	17	management	management	NOUN
cjal-3180	448	18	of	of	ADP
cjal-3180	448	19	sino	sino	ADJ
cjal-3180	448	20	-	-	PUNCT
cjal-3180	448	21	western	western	ADJ
cjal-3180	448	22	joint	joint	ADJ
cjal-3180	448	23	ventures	venture	NOUN
cjal-3180	448	24	,	,	PUNCT
cjal-3180	448	25	6	6	NUM
cjal-3180	448	26	multinational	multinational	ADJ
cjal-3180	448	27	bus	bus	NOUN
cjal-3180	448	28	.	.	PUNCT
cjal-3180	449	1	rev	rev	PROPN
cjal-3180	449	2	.	.	PROPN
cjal-3180	449	3	,	,	PUNCT
cjal-3180	449	4	53	53	NUM
cjal-3180	449	5	,	,	PUNCT
cjal-3180	449	6	53	53	NUM
cjal-3180	449	7	-	-	SYM
cjal-3180	449	8	62	62	NUM
cjal-3180	449	9	(	(	PUNCT
cjal-3180	449	10	1998	1998	NUM
cjal-3180	449	11	)	)	PUNCT
cjal-3180	449	12	,	,	PUNCT
cjal-3180	449	13	concluding	conclude	VERB
cjal-3180	449	14	that	that	SCONJ
cjal-3180	449	15	"	"	PUNCT
cjal-3180	449	16	personal	personal	ADJ
cjal-3180	449	17	value	value	NOUN
cjal-3180	449	18	systems	system	NOUN
cjal-3180	449	19	have	have	VERB
cjal-3180	449	20	an	an	DET
cjal-3180	449	21	important	important	ADJ
cjal-3180	449	22	impact	impact	NOUN
cjal-3180	449	23	on	on	ADP
cjal-3180	449	24	actual	actual	ADJ
cjal-3180	449	25	decision	decision	NOUN
cjal-3180	449	26	making	making	NOUN
cjal-3180	449	27	,	,	PUNCT
cjal-3180	449	28	"	"	PUNCT
cjal-3180	449	29	and	and	CCONJ
cjal-3180	449	30	that	that	SCONJ
cjal-3180	449	31	"	"	PUNCT
cjal-3180	449	32	values	value	NOUN
cjal-3180	449	33	influence	influence	VERB
cjal-3180	449	34	corporate	corporate	ADJ
cjal-3180	449	35	strategy	strategy	NOUN
cjal-3180	449	36	.	.	PUNCT
cjal-3180	449	37	"	"	PUNCT
cjal-3180	450	1	see	see	VERB
cjal-3180	450	2	also	also	ADV
cjal-3180	450	3	hanke	hanke	PROPN
cjal-3180	450	4	,	,	PUNCT
cjal-3180	450	5	supra	supra	PROPN
cjal-3180	450	6	note	note	NOUN
cjal-3180	450	7	84	84	NUM
cjal-3180	450	8	(	(	PUNCT
cjal-3180	450	9	arguing	argue	VERB
cjal-3180	450	10	that	that	SCONJ
cjal-3180	450	11	the	the	DET
cjal-3180	450	12	reduced	reduced	ADJ
cjal-3180	450	13	likelihood	likelihood	NOUN
cjal-3180	450	14	of	of	ADP
cjal-3180	450	15	punishment	punishment	NOUN
cjal-3180	450	16	increases	increase	VERB
cjal-3180	450	17	corruption	corruption	NOUN
cjal-3180	450	18	)	)	PUNCT
cjal-3180	450	19	.	.	PUNCT
cjal-3180	451	1	125	125	NUM
cjal-3180	451	2	.	.	X
cjal-3180	451	3	thurston	thurston	PROPN
cjal-3180	451	4	,	,	PUNCT
cjal-3180	451	5	supra	supra	PROPN
cjal-3180	451	6	note	note	NOUN
cjal-3180	451	7	121	121	NUM
cjal-3180	451	8	.	.	PUNCT
cjal-3180	452	1	126	126	NUM
cjal-3180	452	2	.	.	PUNCT
cjal-3180	453	1	see	see	VERB
cjal-3180	453	2	i	i	PRON
cjal-3180	453	3	d.	d.	PROPN
cjal-3180	453	4	127	127	NUM
cjal-3180	453	5	.	.	PUNCT
cjal-3180	454	1	thurston	thurston	PROPN
cjal-3180	454	2	,	,	PUNCT
cjal-3180	454	3	supra	supra	PROPN
cjal-3180	454	4	note	note	PROPN
cjal-3180	454	5	121	121	NUM
cjal-3180	454	6	,	,	PUNCT
cjal-3180	454	7	at	at	ADP
cjal-3180	454	8	16	16	NUM
cjal-3180	454	9	(	(	PUNCT
cjal-3180	454	10	noting	note	VERB
cjal-3180	454	11	that	that	SCONJ
cjal-3180	454	12	"	"	PUNCT
cjal-3180	454	13	some	some	DET
cjal-3180	454	14	chinese	chinese	PROPN
cjal-3180	454	15	,	,	PUNCT
cjal-3180	454	16	particularly	particularly	ADV
cjal-3180	454	17	in	in	ADP
cjal-3180	454	18	the	the	DET
cjal-3180	454	19	south	south	NOUN
cjal-3180	454	20	,	,	PUNCT
cjal-3180	454	21	assert	assert	VERB
cjal-3180	454	22	that	that	SCONJ
cjal-3180	454	23	the	the	DET
cjal-3180	454	24	luan	luan	PROPN
cjal-3180	454	25	that	that	SCONJ
cjal-3180	454	26	western	western	ADJ
cjal-3180	454	27	analysts	analyst	NOUN
cjal-3180	454	28	posit	posit	VERB
cjal-3180	454	29	as	as	ADP
cjal-3180	454	30	one	one	NUM
cjal-3180	454	31	of	of	ADP
cjal-3180	454	32	several	several	ADJ
cjal-3180	454	33	possibilities	possibility	NOUN
cjal-3180	454	34	following	follow	VERB
cjal-3180	454	35	the	the	DET
cjal-3180	454	36	death	death	NOUN
cjal-3180	454	37	of	of	ADP
cjal-3180	454	38	deng	deng	PROPN
cjal-3180	454	39	has	have	AUX
cjal-3180	454	40	already	already	ADV
cjal-3180	454	41	begun	begin	VERB
cjal-3180	454	42	"	"	PUNCT
cjal-3180	454	43	)	)	PUNCT
cjal-3180	454	44	;	;	PUNCT
cjal-3180	454	45	louise	louise	PROPN
cjal-3180	454	46	de	de	PROPN
cjal-3180	454	47	rosario	rosario	PROPN
cjal-3180	454	48	,	,	PUNCT
cjal-3180	454	49	risky	risky	ADJ
cjal-3180	454	50	business	business	NOUN
cjal-3180	454	51	,	,	PUNCT
cjal-3180	454	52	far	far	PROPN
cjal-3180	454	53	e.	e.	PROPN
cjal-3180	454	54	econ	econ	PROPN
cjal-3180	454	55	.	.	PUNCT
cjal-3180	455	1	rev	rev	PROPN
cjal-3180	455	2	.	.	PROPN
cjal-3180	455	3	,	,	PUNCT
cjal-3180	455	4	jan	jan	PROPN
cjal-3180	455	5	.	.	PROPN
cjal-3180	455	6	26	26	NUM
cjal-3180	455	7	,	,	PUNCT
cjal-3180	455	8	1995	1995	NUM
cjal-3180	455	9	,	,	PUNCT
cjal-3180	455	10	at	at	ADP
cjal-3180	455	11	21	21	NUM
cjal-3180	455	12	(	(	PUNCT
cjal-3180	455	13	quoting	quote	VERB
cjal-3180	455	14	an	an	DET
cjal-3180	455	15	american	american	ADJ
cjal-3180	455	16	attorney	attorney	NOUN
cjal-3180	455	17	arguing	argue	VERB
cjal-3180	455	18	that	that	SCONJ
cjal-3180	455	19	"	"	PUNCT
cjal-3180	455	20	there	there	PRON
cjal-3180	455	21	has	have	AUX
cjal-3180	455	22	been	be	AUX
cjal-3180	455	23	a	a	DET
cjal-3180	455	24	very	very	ADV
cjal-3180	455	25	extensive	extensive	ADJ
cjal-3180	455	26	breakdown	breakdown	NOUN
cjal-3180	455	27	in	in	ADP
cjal-3180	455	28	social	social	ADJ
cjal-3180	455	29	order	order	NOUN
cjal-3180	455	30	within	within	ADP
cjal-3180	455	31	chinese	chinese	ADJ
cjal-3180	455	32	enterprises	enterprise	NOUN
cjal-3180	455	33	"	"	PUNCT
cjal-3180	455	34	)	)	PUNCT
cjal-3180	455	35	.	.	PUNCT
cjal-3180	456	1	[	[	X
cjal-3180	456	2	12:1	12:1	NUM
cjal-3180	456	3	m	m	PROPN
cjal-3180	456	4	&	&	CCONJ
cjal-3180	456	5	a	a	DET
cjal-3180	456	6	regulations	regulation	NOUN
cjal-3180	456	7	in	in	ADP
cjal-3180	456	8	hong	hong	PROPN
cjal-3180	456	9	kong	kong	PROPN
cjal-3180	456	10	so	so	ADV
cjal-3180	456	11	would	would	AUX
cjal-3180	456	12	be	be	AUX
cjal-3180	456	13	expected	expect	VERB
cjal-3180	456	14	.	.	PUNCT
cjal-3180	457	1	'2	'2	PROPN
cjal-3180	457	2	the	the	DET
cjal-3180	457	3	question	question	NOUN
cjal-3180	457	4	of	of	ADP
cjal-3180	457	5	what	what	PRON
cjal-3180	457	6	can	can	AUX
cjal-3180	457	7	or	or	CCONJ
cjal-3180	457	8	should	should	AUX
cjal-3180	457	9	be	be	AUX
cjal-3180	457	10	done	do	VERB
cjal-3180	457	11	to	to	PART
cjal-3180	457	12	maintain	maintain	VERB
cjal-3180	457	13	effective	effective	ADJ
cjal-3180	457	14	regulation	regulation	NOUN
cjal-3180	457	15	then	then	ADV
cjal-3180	457	16	arises	arise	VERB
cjal-3180	457	17	.	.	PUNCT
cjal-3180	458	1	one	one	NUM
cjal-3180	458	2	of	of	ADP
cjal-3180	458	3	the	the	DET
cjal-3180	458	4	strongest	strong	ADJ
cjal-3180	458	5	options	option	NOUN
cjal-3180	458	6	available	available	ADJ
cjal-3180	458	7	,	,	PUNCT
cjal-3180	458	8	aside	aside	ADV
cjal-3180	458	9	from	from	ADP
cjal-3180	458	10	continuing	continue	VERB
cjal-3180	458	11	with	with	ADP
cjal-3180	458	12	the	the	DET
cjal-3180	458	13	system	system	NOUN
cjal-3180	458	14	as	as	SCONJ
cjal-3180	458	15	it	it	PRON
cjal-3180	458	16	is	be	AUX
cjal-3180	458	17	and	and	CCONJ
cjal-3180	458	18	accepting	accept	VERB
cjal-3180	458	19	decreased	decrease	VERB
cjal-3180	458	20	efficiency	efficiency	NOUN
cjal-3180	458	21	and	and	CCONJ
cjal-3180	458	22	potential	potential	ADJ
cjal-3180	458	23	abuses	abuse	NOUN
cjal-3180	458	24	,	,	PUNCT
cjal-3180	458	25	is	be	AUX
cjal-3180	458	26	to	to	PART
cjal-3180	458	27	review	review	VERB
cjal-3180	458	28	and	and	CCONJ
cjal-3180	458	29	update	update	VERB
cjal-3180	458	30	the	the	DET
cjal-3180	458	31	code	code	NOUN
cjal-3180	458	32	and	and	CCONJ
cjal-3180	458	33	perhaps	perhaps	ADV
cjal-3180	458	34	enact	enact	VERB
cjal-3180	458	35	all	all	DET
cjal-3180	458	36	or	or	CCONJ
cjal-3180	458	37	sections	section	NOUN
cjal-3180	458	38	of	of	ADP
cjal-3180	458	39	it	it	PRON
cjal-3180	458	40	into	into	ADP
cjal-3180	458	41	mandatory	mandatory	ADJ
cjal-3180	458	42	,	,	PUNCT
cjal-3180	458	43	enforceable	enforceable	ADJ
cjal-3180	458	44	laws	law	NOUN
cjal-3180	458	45	.	.	PUNCT
cjal-3180	459	1	to	to	ADP
cjal-3180	459	2	this	this	DET
cjal-3180	459	3	end	end	NOUN
cjal-3180	459	4	,	,	PUNCT
cjal-3180	459	5	enacting	enact	VERB
cjal-3180	459	6	disclosure	disclosure	NOUN
cjal-3180	459	7	requirements	requirement	NOUN
cjal-3180	459	8	focused	focus	VERB
cjal-3180	459	9	on	on	ADP
cjal-3180	459	10	providing	provide	VERB
cjal-3180	459	11	information	information	NOUN
cjal-3180	459	12	to	to	ADP
cjal-3180	459	13	stockholders	stockholder	NOUN
cjal-3180	459	14	and	and	CCONJ
cjal-3180	459	15	potential	potential	ADJ
cjal-3180	459	16	acquirers	acquirer	NOUN
cjal-3180	459	17	,	,	PUNCT
cjal-3180	459	18	control	control	NOUN
cjal-3180	459	19	thresholds	threshold	VERB
cjal-3180	459	20	that	that	SCONJ
cjal-3180	459	21	trigger	trigger	VERB
cjal-3180	459	22	mandatory	mandatory	ADJ
cjal-3180	459	23	equal	equal	ADJ
cjal-3180	459	24	offers	offer	NOUN
cjal-3180	459	25	,	,	PUNCT
cjal-3180	459	26	prohibitions	prohibition	NOUN
cjal-3180	459	27	on	on	ADP
cjal-3180	459	28	defensive	defensive	ADJ
cjal-3180	459	29	tactics	tactic	NOUN
cjal-3180	459	30	,	,	PUNCT
cjal-3180	459	31	and	and	CCONJ
cjal-3180	459	32	minimum	minimum	NOUN
cjal-3180	459	33	periods	period	NOUN
cjal-3180	459	34	that	that	PRON
cjal-3180	459	35	an	an	DET
cjal-3180	459	36	offer	offer	NOUN
cjal-3180	459	37	must	must	AUX
cjal-3180	459	38	remain	remain	VERB
cjal-3180	459	39	open	open	ADJ
cjal-3180	459	40	would	would	AUX
cjal-3180	459	41	be	be	AUX
cjal-3180	459	42	good	good	ADJ
cjal-3180	459	43	places	place	NOUN
cjal-3180	459	44	to	to	PART
cjal-3180	459	45	start.1	start.1	PROPN
cjal-3180	459	46	9	9	NUM
cjal-3180	459	47	while	while	SCONJ
cjal-3180	459	48	the	the	DET
cjal-3180	459	49	effectiveness	effectiveness	NOUN
cjal-3180	459	50	of	of	ADP
cjal-3180	459	51	such	such	ADJ
cjal-3180	459	52	measures	measure	NOUN
cjal-3180	459	53	would	would	AUX
cjal-3180	459	54	be	be	AUX
cjal-3180	459	55	affected	affect	VERB
cjal-3180	459	56	by	by	ADP
cjal-3180	459	57	the	the	DET
cjal-3180	459	58	concerns	concern	NOUN
cjal-3180	459	59	discussed	discuss	VERB
cjal-3180	459	60	above	above	ADP
cjal-3180	459	61	regarding	regard	VERB
cjal-3180	459	62	corruption	corruption	NOUN
cjal-3180	459	63	,	,	PUNCT
cjal-3180	459	64	the	the	DET
cjal-3180	459	65	rule	rule	NOUN
cjal-3180	459	66	of	of	ADP
cjal-3180	459	67	law	law	NOUN
cjal-3180	459	68	and	and	CCONJ
cjal-3180	459	69	the	the	DET
cjal-3180	459	70	independence	independence	NOUN
cjal-3180	459	71	of	of	ADP
cjal-3180	459	72	thejudiciary	thejudiciary	PROPN
cjal-3180	459	73	,	,	PUNCT
cjal-3180	459	74	doing	do	VERB
cjal-3180	459	75	so	so	ADV
cjal-3180	459	76	would	would	AUX
cjal-3180	459	77	at	at	ADV
cjal-3180	459	78	least	least	ADJ
cjal-3180	459	79	give	give	VERB
cjal-3180	459	80	regulation	regulation	NOUN
cjal-3180	459	81	and	and	CCONJ
cjal-3180	459	82	fair	fair	ADJ
cjal-3180	459	83	play	play	VERB
cjal-3180	459	84	a	a	DET
cjal-3180	459	85	fighting	fighting	NOUN
cjal-3180	459	86	chance	chance	NOUN
cjal-3180	459	87	.	.	PUNCT
cjal-3180	460	1	non	non	ADJ
cjal-3180	460	2	-	-	NOUN
cjal-3180	460	3	compliance	compliance	NOUN
cjal-3180	460	4	would	would	AUX
cjal-3180	460	5	be	be	AUX
cjal-3180	460	6	more	more	ADV
cjal-3180	460	7	obvious	obvious	ADJ
cjal-3180	460	8	,	,	PUNCT
cjal-3180	460	9	which	which	PRON
cjal-3180	460	10	could	could	AUX
cjal-3180	460	11	increase	increase	VERB
cjal-3180	460	12	disincentives	disincentive	NOUN
cjal-3180	460	13	for	for	ADP
cjal-3180	460	14	political	political	ADJ
cjal-3180	460	15	interference	interference	NOUN
cjal-3180	460	16	and	and	CCONJ
cjal-3180	460	17	corruption.139	corruption.139	NOUN
cjal-3180	460	18	creating	create	VERB
cjal-3180	460	19	enforceable	enforceable	ADJ
cjal-3180	460	20	laws	law	NOUN
cjal-3180	460	21	and	and	CCONJ
cjal-3180	460	22	penalties	penalty	NOUN
cjal-3180	460	23	would	would	AUX
cjal-3180	460	24	also	also	ADV
cjal-3180	460	25	bring	bring	VERB
cjal-3180	460	26	the	the	DET
cjal-3180	460	27	regulatory	regulatory	ADJ
cjal-3180	460	28	system	system	NOUN
cjal-3180	460	29	into	into	ADP
cjal-3180	460	30	closer	close	ADJ
cjal-3180	460	31	accord	accord	NOUN
cjal-3180	460	32	with	with	ADP
cjal-3180	460	33	chinese	chinese	ADJ
cjal-3180	460	34	culture	culture	NOUN
cjal-3180	460	35	and	and	CCONJ
cjal-3180	460	36	regulatory	regulatory	ADJ
cjal-3180	460	37	norms	norm	NOUN
cjal-3180	460	38	for	for	ADP
cjal-3180	460	39	the	the	DET
cjal-3180	460	40	region	region	NOUN
cjal-3180	460	41	generally	generally	ADV
cjal-3180	460	42	,	,	PUNCT
cjal-3180	460	43	thereby	thereby	ADV
cjal-3180	460	44	increasing	increase	VERB
cjal-3180	460	45	the	the	DET
cjal-3180	460	46	likelihood	likelihood	NOUN
cjal-3180	460	47	that	that	SCONJ
cjal-3180	460	48	effective	effective	ADJ
cjal-3180	460	49	regulation	regulation	NOUN
cjal-3180	460	50	would	would	AUX
cjal-3180	460	51	continue	continue	VERB
cjal-3180	460	52	.	.	PUNCT
cjal-3180	461	1	some	some	DET
cjal-3180	461	2	evidence	evidence	NOUN
cjal-3180	461	3	of	of	ADP
cjal-3180	461	4	the	the	DET
cjal-3180	461	5	efficacy	efficacy	NOUN
cjal-3180	461	6	of	of	ADP
cjal-3180	461	7	this	this	DET
cjal-3180	461	8	solution	solution	NOUN
cjal-3180	461	9	is	be	AUX
cjal-3180	461	10	provided	provide	VERB
cjal-3180	461	11	by	by	ADP
cjal-3180	461	12	singapore	singapore	PROPN
cjal-3180	461	13	's	's	PART
cjal-3180	461	14	approach	approach	NOUN
cjal-3180	461	15	to	to	ADP
cjal-3180	461	16	regulation	regulation	NOUN
cjal-3180	461	17	of	of	ADP
cjal-3180	461	18	mergers	merger	NOUN
cjal-3180	461	19	and	and	CCONJ
cjal-3180	461	20	acquisitions	acquisition	NOUN
cjal-3180	461	21	.	.	PUNCT
cjal-3180	462	1	like	like	ADP
cjal-3180	462	2	hong	hong	PROPN
cjal-3180	462	3	kong	kong	PROPN
cjal-3180	462	4	,	,	PUNCT
cjal-3180	462	5	singapore	singapore	PROPN
cjal-3180	462	6	initially	initially	ADV
cjal-3180	462	7	adopted	adopt	VERB
cjal-3180	462	8	a	a	DET
cjal-3180	462	9	regime	regime	NOUN
cjal-3180	462	10	based	base	VERB
cjal-3180	462	11	largely	largely	ADV
cjal-3180	462	12	on	on	ADP
cjal-3180	462	13	the	the	DET
cjal-3180	462	14	london	london	PROPN
cjal-3180	462	15	city	city	PROPN
cjal-3180	462	16	code	code	PROPN
cjal-3180	462	17	,	,	PUNCT
cjal-3180	462	18	but	but	CCONJ
cjal-3180	462	19	"	"	PUNCT
cjal-3180	462	20	decided	decide	VERB
cjal-3180	462	21	that	that	SCONJ
cjal-3180	462	22	the	the	DET
cjal-3180	462	23	pure	pure	ADJ
cjal-3180	462	24	self	self	NOUN
cjal-3180	462	25	-	-	PUNCT
cjal-3180	462	26	regulatory	regulatory	ADJ
cjal-3180	462	27	system	system	NOUN
cjal-3180	462	28	in	in	ADP
cjal-3180	462	29	operation	operation	NOUN
cjal-3180	462	30	in	in	ADP
cjal-3180	462	31	london	london	PROPN
cjal-3180	462	32	would	would	AUX
cjal-3180	462	33	not	not	PART
cjal-3180	462	34	work	work	VERB
cjal-3180	462	35	in	in	ADP
cjal-3180	462	36	singapore	singapore	PROPN
cjal-3180	462	37	"	"	PUNCT
cjal-3180	462	38	and	and	CCONJ
cjal-3180	462	39	so	so	ADV
cjal-3180	462	40	"	"	PUNCT
cjal-3180	462	41	it	it	PRON
cjal-3180	462	42	was	be	AUX
cjal-3180	462	43	deemed	deem	VERB
cjal-3180	462	44	desirable	desirable	ADJ
cjal-3180	462	45	to	to	PART
cjal-3180	462	46	give	give	VERB
cjal-3180	462	47	the	the	DET
cjal-3180	462	48	singapore	singapore	PROPN
cjal-3180	462	49	code	code	PROPN
cjal-3180	462	50	on	on	ADP
cjal-3180	462	51	take	take	NOUN
cjal-3180	462	52	-	-	PUNCT
cjal-3180	462	53	overs	over	NOUN
cjal-3180	462	54	and	and	CCONJ
cjal-3180	462	55	mergers	merger	NOUN
cjal-3180	462	56	statutory	statutory	ADJ
cjal-3180	462	57	backing	backing	NOUN
cjal-3180	462	58	and	and	CCONJ
cjal-3180	462	59	some	some	DET
cjal-3180	462	60	statutory	statutory	ADJ
cjal-3180	462	61	teeth	tooth	NOUN
cjal-3180	462	62	.	.	PUNCT
cjal-3180	463	1	"	"	PUNCT
cjal-3180	463	2	''	''	PUNCT
cjal-3180	463	3	admittedly	admittedly	ADV
cjal-3180	463	4	,	,	PUNCT
cjal-3180	463	5	the	the	DET
cjal-3180	463	6	situation	situation	NOUN
cjal-3180	463	7	in	in	ADP
cjal-3180	463	8	singapore	singapore	PROPN
cjal-3180	463	9	is	be	AUX
cjal-3180	463	10	very	very	ADV
cjal-3180	463	11	different	different	ADJ
cjal-3180	463	12	from	from	ADP
cjal-3180	463	13	hong	hong	PROPN
cjal-3180	463	14	kong	kong	PROPN
cjal-3180	463	15	.	.	PUNCT
cjal-3180	464	1	singapore	singapore	PROPN
cjal-3180	464	2	enjoys	enjoy	VERB
cjal-3180	464	3	substantially	substantially	ADV
cjal-3180	464	4	less	less	ADJ
cjal-3180	464	5	corruption	corruption	NOUN
cjal-3180	464	6	,	,	PUNCT
cjal-3180	464	7	a	a	DET
cjal-3180	464	8	strong	strong	ADJ
cjal-3180	464	9	legal	legal	ADJ
cjal-3180	464	10	system	system	NOUN
cjal-3180	464	11	,	,	PUNCT
cjal-3180	464	12	and	and	CCONJ
cjal-3180	464	13	does	do	AUX
cjal-3180	464	14	not	not	PART
cjal-3180	464	15	have	have	VERB
cjal-3180	464	16	a	a	DET
cjal-3180	464	17	powerful	powerful	ADJ
cjal-3180	464	18	nation	nation	NOUN
cjal-3180	464	19	reasserting	reassert	VERB
cjal-3180	464	20	sovereignty	sovereignty	NOUN
cjal-3180	464	21	and	and	CCONJ
cjal-3180	464	22	influencing	influence	VERB
cjal-3180	464	23	its	its	PRON
cjal-3180	464	24	internal	internal	ADJ
cjal-3180	464	25	processes	process	NOUN
cjal-3180	464	26	.	.	PUNCT
cjal-3180	465	1	yet	yet	CCONJ
cjal-3180	465	2	substantial	substantial	ADJ
cjal-3180	465	3	similarities	similarity	NOUN
cjal-3180	465	4	also	also	ADV
cjal-3180	465	5	exist	exist	VERB
cjal-3180	465	6	,	,	PUNCT
cjal-3180	465	7	such	such	ADJ
cjal-3180	465	8	as	as	ADP
cjal-3180	465	9	a	a	DET
cjal-3180	465	10	mixture	mixture	NOUN
cjal-3180	465	11	of	of	ADP
cjal-3180	465	12	western	western	ADJ
cjal-3180	465	13	and	and	CCONJ
cjal-3180	465	14	chinese	chinese	ADJ
cjal-3180	465	15	cultures	culture	NOUN
cjal-3180	465	16	128	128	NUM
cjal-3180	465	17	.	.	PUNCT
cjal-3180	466	1	several	several	ADJ
cjal-3180	466	2	studies	study	NOUN
cjal-3180	466	3	have	have	AUX
cjal-3180	466	4	found	find	VERB
cjal-3180	466	5	that	that	SCONJ
cjal-3180	466	6	firms	firm	NOUN
cjal-3180	466	7	operating	operate	VERB
cjal-3180	466	8	in	in	ADP
cjal-3180	466	9	highly	highly	ADV
cjal-3180	466	10	competitive	competitive	ADJ
cjal-3180	466	11	environments	environment	NOUN
cjal-3180	466	12	,	,	PUNCT
cjal-3180	466	13	with	with	ADP
cjal-3180	466	14	scarce	scarce	ADJ
cjal-3180	466	15	resources	resource	NOUN
cjal-3180	466	16	and	and	CCONJ
cjal-3180	466	17	declining	decline	VERB
cjal-3180	466	18	or	or	CCONJ
cjal-3180	466	19	uncertain	uncertain	ADJ
cjal-3180	466	20	profitability	profitability	NOUN
cjal-3180	466	21	are	be	AUX
cjal-3180	466	22	more	more	ADV
cjal-3180	466	23	likely	likely	ADJ
cjal-3180	466	24	to	to	PART
cjal-3180	466	25	engage	engage	VERB
cjal-3180	466	26	in	in	ADP
cjal-3180	466	27	illegal	illegal	ADJ
cjal-3180	466	28	behavior	behavior	NOUN
cjal-3180	466	29	.	.	PUNCT
cjal-3180	467	1	see	see	VERB
cjal-3180	467	2	priem	priem	NOUN
cjal-3180	467	3	,	,	PUNCT
cjal-3180	467	4	supra	supra	PROPN
cjal-3180	467	5	note	note	VERB
cjal-3180	467	6	122	122	NUM
cjal-3180	467	7	.	.	PUNCT
cjal-3180	468	1	129	129	NUM
cjal-3180	468	2	.	.	PUNCT
cjal-3180	469	1	such	such	ADJ
cjal-3180	469	2	as	as	ADP
cjal-3180	469	3	general	general	ADJ
cjal-3180	469	4	principles	principle	NOUN
cjal-3180	469	5	2	2	NUM
cjal-3180	469	6	through	through	ADP
cjal-3180	469	7	5	5	NUM
cjal-3180	469	8	,	,	PUNCT
cjal-3180	469	9	and	and	CCONJ
cjal-3180	469	10	rules	rule	NOUN
cjal-3180	469	11	2	2	NUM
cjal-3180	469	12	,	,	PUNCT
cjal-3180	469	13	10	10	NUM
cjal-3180	469	14	,	,	PUNCT
cjal-3180	469	15	12	12	NUM
cjal-3180	469	16	.	.	NOUN
cjal-3180	469	17	13	13	NUM
cjal-3180	469	18	,	,	PUNCT
cjal-3180	469	19	23	23	NUM
cjal-3180	469	20	and	and	CCONJ
cjal-3180	469	21	24	24	NUM
cjal-3180	469	22	of	of	ADP
cjal-3180	469	23	the	the	DET
cjal-3180	469	24	hong	hong	PROPN
cjal-3180	469	25	kong	kong	PROPN
cjal-3180	469	26	code	code	PROPN
cjal-3180	469	27	on	on	ADP
cjal-3180	469	28	takeovers	takeover	NOUN
cjal-3180	469	29	and	and	CCONJ
cjal-3180	469	30	mergers	merger	NOUN
cjal-3180	469	31	.	.	PUNCT
cjal-3180	469	32	130	130	NUM
cjal-3180	469	33	.	.	PUNCT
cjal-3180	470	1	this	this	PRON
cjal-3180	470	2	would	would	AUX
cjal-3180	470	3	occurboth	occurboth	NOUN
cjal-3180	470	4	because	because	SCONJ
cjal-3180	470	5	ofhigher	ofhigher	NOUN
cjal-3180	470	6	expectations	expectation	NOUN
cjal-3180	470	7	regarding	regard	VERB
cjal-3180	470	8	appropriate	appropriate	ADJ
cjal-3180	470	9	behavior	behavior	NOUN
cjal-3180	470	10	and	and	CCONJ
cjal-3180	470	11	because	because	SCONJ
cjal-3180	470	12	parties	party	NOUN
cjal-3180	470	13	would	would	AUX
cjal-3180	470	14	have	have	VERB
cjal-3180	470	15	a	a	DET
cjal-3180	470	16	better	well	ADJ
cjal-3180	470	17	incentive	incentive	NOUN
cjal-3180	470	18	to	to	PART
cjal-3180	470	19	monitor	monitor	VERB
cjal-3180	470	20	and	and	CCONJ
cjal-3180	470	21	take	take	VERB
cjal-3180	470	22	action	action	NOUN
cjal-3180	470	23	to	to	PART
cjal-3180	470	24	enforce	enforce	VERB
cjal-3180	470	25	compliance	compliance	NOUN
cjal-3180	470	26	by	by	ADP
cjal-3180	470	27	opposing	oppose	VERB
cjal-3180	470	28	parties	party	NOUN
cjal-3180	470	29	.	.	PUNCT
cjal-3180	471	1	131	131	NUM
cjal-3180	471	2	.	.	PUNCT
cjal-3180	472	1	ffrench	ffrench	ADJ
cjal-3180	472	2	,	,	PUNCT
cjal-3180	472	3	supra	supra	PROPN
cjal-3180	472	4	note	note	NOUN
cjal-3180	472	5	15	15	NUM
cjal-3180	472	6	,	,	PUNCT
cjal-3180	472	7	at	at	ADP
cjal-3180	472	8	132	132	NUM
cjal-3180	472	9	.	.	PUNCT
cjal-3180	472	10	1998	1998	NUM
cjal-3180	472	11	]	]	PUNCT
cjal-3180	472	12	columbia	columbia	PROPN
cjal-3180	472	13	journal	journal	PROPN
cjal-3180	472	14	ofasian	ofasian	ADJ
cjal-3180	472	15	law	law	NOUN
cjal-3180	472	16	and	and	CCONJ
cjal-3180	472	17	dependence	dependence	NOUN
cjal-3180	472	18	on	on	ADP
cjal-3180	472	19	foreign	foreign	ADJ
cjal-3180	472	20	investment	investment	NOUN
cjal-3180	472	21	and	and	CCONJ
cjal-3180	472	22	economic	economic	ADJ
cjal-3180	472	23	efficiency	efficiency	NOUN
cjal-3180	472	24	.	.	PUNCT
cjal-3180	473	1	132	132	NUM
cjal-3180	473	2	the	the	DET
cjal-3180	473	3	need	need	NOUN
cjal-3180	473	4	for	for	ADP
cjal-3180	473	5	foreign	foreign	ADJ
cjal-3180	473	6	investment	investment	NOUN
cjal-3180	473	7	alone	alone	ADV
cjal-3180	473	8	may	may	AUX
cjal-3180	473	9	sufficiently	sufficiently	ADV
cjal-3180	473	10	counterbalance	counterbalance	VERB
cjal-3180	473	11	political	political	ADJ
cjal-3180	473	12	pressures	pressure	NOUN
cjal-3180	473	13	if	if	SCONJ
cjal-3180	473	14	officials	official	NOUN
cjal-3180	473	15	perceive	perceive	VERB
cjal-3180	473	16	that	that	SCONJ
cjal-3180	473	17	losses	loss	NOUN
cjal-3180	473	18	from	from	ADP
cjal-3180	473	19	firms	firm	NOUN
cjal-3180	473	20	exiting	exit	VERB
cjal-3180	473	21	outweigh	outweigh	NOUN
cjal-3180	473	22	gains	gain	NOUN
cjal-3180	473	23	from	from	ADP
cjal-3180	473	24	corrupt	corrupt	ADJ
cjal-3180	473	25	dealing	dealing	NOUN
cjal-3180	473	26	.	.	PUNCT
cjal-3180	474	1	this	this	PRON
cjal-3180	474	2	is	be	AUX
cjal-3180	474	3	a	a	DET
cjal-3180	474	4	strong	strong	ADJ
cjal-3180	474	5	possibility	possibility	NOUN
cjal-3180	474	6	;	;	PUNCT
cjal-3180	474	7	the	the	DET
cjal-3180	474	8	consensus	consensus	NOUN
cjal-3180	474	9	of	of	ADP
cjal-3180	474	10	most	most	ADJ
cjal-3180	474	11	observers	observer	NOUN
cjal-3180	474	12	is	be	AUX
cjal-3180	474	13	that	that	SCONJ
cjal-3180	474	14	"	"	PUNCT
cjal-3180	474	15	hong	hong	PROPN
cjal-3180	474	16	kong	kong	PROPN
cjal-3180	474	17	appears	appear	VERB
cjal-3180	474	18	too	too	ADV
cjal-3180	474	19	important	important	ADJ
cjal-3180	474	20	for	for	SCONJ
cjal-3180	474	21	any	any	DET
cjal-3180	474	22	set	set	NOUN
cjal-3180	474	23	of	of	ADP
cjal-3180	474	24	leaders	leader	NOUN
cjal-3180	474	25	to	to	PART
cjal-3180	474	26	wish	wish	VERB
cjal-3180	474	27	it	it	PRON
cjal-3180	474	28	serious	serious	ADJ
cjal-3180	474	29	or	or	CCONJ
cjal-3180	474	30	long	long	ADJ
cjal-3180	474	31	term	term	NOUN
cjal-3180	474	32	harm	harm	NOUN
cjal-3180	474	33	"	"	PUNCT
cjal-3180	474	34	.	.	PUNCT
cjal-3180	475	1	133	133	NUM
cjal-3180	475	2	moreover	moreover	ADV
cjal-3180	475	3	,	,	PUNCT
cjal-3180	475	4	many	many	ADJ
cjal-3180	475	5	of	of	ADP
cjal-3180	475	6	the	the	DET
cjal-3180	475	7	sort	sort	NOUN
cjal-3180	475	8	of	of	ADP
cjal-3180	475	9	abuses	abuse	NOUN
cjal-3180	475	10	feared	fear	VERB
cjal-3180	475	11	actually	actually	ADV
cjal-3180	475	12	took	take	VERB
cjal-3180	475	13	place	place	NOUN
cjal-3180	475	14	in	in	ADP
cjal-3180	475	15	singapore	singapore	PROPN
cjal-3180	475	16	prior	prior	ADV
cjal-3180	475	17	to	to	ADP
cjal-3180	475	18	enactment	enactment	NOUN
cjal-3180	475	19	of	of	ADP
cjal-3180	475	20	legislation	legislation	NOUN
cjal-3180	475	21	and	and	CCONJ
cjal-3180	475	22	have	have	AUX
cjal-3180	475	23	largely	largely	ADV
cjal-3180	475	24	disappeared	disappear	VERB
cjal-3180	475	25	in	in	ADP
cjal-3180	475	26	its	its	PRON
cjal-3180	475	27	wake	wake	NOUN
cjal-3180	475	28	.	.	PUNCT
cjal-3180	476	1	3	3	NUM
cjal-3180	476	2	4	4	NUM
cjal-3180	476	3	these	these	DET
cjal-3180	476	4	similarities	similarity	NOUN
cjal-3180	476	5	suggest	suggest	VERB
cjal-3180	476	6	that	that	SCONJ
cjal-3180	476	7	implementing	implement	VERB
cjal-3180	476	8	laws	law	NOUN
cjal-3180	476	9	to	to	PART
cjal-3180	476	10	enforce	enforce	VERB
cjal-3180	476	11	portions	portion	NOUN
cjal-3180	476	12	of	of	ADP
cjal-3180	476	13	the	the	DET
cjal-3180	476	14	code	code	NOUN
cjal-3180	476	15	could	could	AUX
cjal-3180	476	16	provide	provide	VERB
cjal-3180	476	17	greater	great	ADJ
cjal-3180	476	18	compliance	compliance	NOUN
cjal-3180	476	19	and	and	CCONJ
cjal-3180	476	20	efficiency	efficiency	NOUN
cjal-3180	476	21	.	.	PUNCT
cjal-3180	477	1	in	in	ADP
cjal-3180	477	2	sum	sum	NOUN
cjal-3180	477	3	,	,	PUNCT
cjal-3180	477	4	the	the	DET
cjal-3180	477	5	increase	increase	NOUN
cjal-3180	477	6	in	in	ADP
cjal-3180	477	7	prc	prc	PROPN
cjal-3180	477	8	firms	firm	NOUN
cjal-3180	477	9	operating	operate	VERB
cjal-3180	477	10	in	in	ADP
cjal-3180	477	11	hong	hong	PROPN
cjal-3180	477	12	kong	kong	PROPN
cjal-3180	477	13	,	,	PUNCT
cjal-3180	477	14	closer	close	ADJ
cjal-3180	477	15	ties	tie	NOUN
cjal-3180	477	16	to	to	ADP
cjal-3180	477	17	the	the	DET
cjal-3180	477	18	prc	prc	PROPN
cjal-3180	477	19	,	,	PUNCT
cjal-3180	477	20	and	and	CCONJ
cjal-3180	477	21	growing	grow	VERB
cjal-3180	477	22	perception	perception	NOUN
cjal-3180	477	23	that	that	SCONJ
cjal-3180	477	24	non	non	ADJ
cjal-3180	477	25	-	-	NOUN
cjal-3180	477	26	compliance	compliance	NOUN
cjal-3180	477	27	is	be	AUX
cjal-3180	477	28	beneficial	beneficial	ADJ
cjal-3180	477	29	,	,	PUNCT
cjal-3180	477	30	place	place	VERB
cjal-3180	477	31	a	a	DET
cjal-3180	477	32	tremendous	tremendous	ADJ
cjal-3180	477	33	amount	amount	NOUN
cjal-3180	477	34	of	of	ADP
cjal-3180	477	35	stress	stress	NOUN
cjal-3180	477	36	upon	upon	SCONJ
cjal-3180	477	37	the	the	DET
cjal-3180	477	38	current	current	ADJ
cjal-3180	477	39	merger	merger	NOUN
cjal-3180	477	40	and	and	CCONJ
cjal-3180	477	41	acquisition	acquisition	NOUN
cjal-3180	477	42	regulatory	regulatory	ADJ
cjal-3180	477	43	system	system	NOUN
cjal-3180	477	44	.	.	PUNCT
cjal-3180	478	1	coupled	couple	VERB
cjal-3180	478	2	with	with	ADP
cjal-3180	478	3	the	the	DET
cjal-3180	478	4	substantially	substantially	ADV
cjal-3180	478	5	different	different	ADJ
cjal-3180	478	6	cultural	cultural	ADJ
cjal-3180	478	7	values	value	NOUN
cjal-3180	478	8	underlying	underlie	VERB
cjal-3180	478	9	the	the	DET
cjal-3180	478	10	code	code	NOUN
cjal-3180	478	11	in	in	ADP
cjal-3180	478	12	its	its	PRON
cjal-3180	478	13	current	current	ADJ
cjal-3180	478	14	form	form	NOUN
cjal-3180	478	15	,	,	PUNCT
cjal-3180	478	16	the	the	DET
cjal-3180	478	17	eventual	eventual	ADJ
cjal-3180	478	18	result	result	NOUN
cjal-3180	478	19	may	may	AUX
cjal-3180	478	20	be	be	AUX
cjal-3180	478	21	widespread	widespread	ADJ
cjal-3180	478	22	non	non	ADJ
cjal-3180	478	23	-	-	ADJ
cjal-3180	478	24	compliance	compliance	ADJ
cjal-3180	478	25	and	and	CCONJ
cjal-3180	478	26	corresponding	corresponding	ADJ
cjal-3180	478	27	changes	change	NOUN
cjal-3180	478	28	in	in	ADP
cjal-3180	478	29	offensive	offensive	ADJ
cjal-3180	478	30	and	and	CCONJ
cjal-3180	478	31	defensive	defensive	ADJ
cjal-3180	478	32	tactics	tactic	NOUN
cjal-3180	478	33	by	by	ADP
cjal-3180	478	34	firms	firm	NOUN
cjal-3180	478	35	operating	operate	VERB
cjal-3180	478	36	in	in	ADP
cjal-3180	478	37	the	the	DET
cjal-3180	478	38	region	region	NOUN
cjal-3180	478	39	.	.	PUNCT
cjal-3180	479	1	if	if	SCONJ
cjal-3180	479	2	this	this	PRON
cjal-3180	479	3	occurs	occur	VERB
cjal-3180	479	4	,	,	PUNCT
cjal-3180	479	5	the	the	DET
cjal-3180	479	6	hong	hong	PROPN
cjal-3180	479	7	kong	kong	PROPN
cjal-3180	479	8	market	market	NOUN
cjal-3180	479	9	for	for	ADP
cjal-3180	479	10	corporate	corporate	ADJ
cjal-3180	479	11	control	control	NOUN
cjal-3180	479	12	could	could	AUX
cjal-3180	479	13	become	become	VERB
cjal-3180	479	14	substantially	substantially	ADV
cjal-3180	479	15	less	less	ADV
cjal-3180	479	16	efficient	efficient	ADJ
cjal-3180	479	17	as	as	ADP
cjal-3180	479	18	uncertainty	uncertainty	NOUN
cjal-3180	479	19	and	and	CCONJ
cjal-3180	479	20	risk	risk	NOUN
cjal-3180	479	21	make	make	VERB
cjal-3180	479	22	it	it	PRON
cjal-3180	479	23	more	more	ADV
cjal-3180	479	24	costly	costly	ADJ
cjal-3180	479	25	for	for	SCONJ
cjal-3180	479	26	firms	firm	NOUN
cjal-3180	479	27	to	to	PART
cjal-3180	479	28	raise	raise	VERB
cjal-3180	479	29	capital	capital	NOUN
cjal-3180	479	30	to	to	PART
cjal-3180	479	31	finance	finance	VERB
cjal-3180	479	32	acquisitions	acquisition	NOUN
cjal-3180	479	33	and	and	CCONJ
cjal-3180	479	34	corruption	corruption	NOUN
cjal-3180	479	35	and/or	and/or	CCONJ
cjal-3180	479	36	inefficient	inefficient	ADJ
cjal-3180	479	37	regulation	regulation	NOUN
cjal-3180	479	38	create	create	VERB
cjal-3180	479	39	deadweight	deadweight	NOUN
cjal-3180	479	40	losses	loss	NOUN
cjal-3180	479	41	.	.	PUNCT
cjal-3180	480	1	overall	overall	ADV
cjal-3180	480	2	,	,	PUNCT
cjal-3180	480	3	the	the	DET
cjal-3180	480	4	opportunities	opportunity	NOUN
cjal-3180	480	5	for	for	ADP
cjal-3180	480	6	merger	merger	NOUN
cjal-3180	480	7	and	and	CCONJ
cjal-3180	480	8	acquisition	acquisition	NOUN
cjal-3180	480	9	activity	activity	NOUN
cjal-3180	480	10	in	in	ADP
cjal-3180	480	11	hong	hong	PROPN
cjal-3180	480	12	kong	kong	PROPN
cjal-3180	480	13	are	be	AUX
cjal-3180	480	14	constantly	constantly	ADV
cjal-3180	480	15	increasing	increase	VERB
cjal-3180	480	16	.	.	PUNCT
cjal-3180	481	1	in	in	ADP
cjal-3180	481	2	the	the	DET
cjal-3180	481	3	long	long	ADJ
cjal-3180	481	4	run	run	NOUN
cjal-3180	481	5	though	though	ADV
cjal-3180	481	6	,	,	PUNCT
cjal-3180	481	7	the	the	DET
cjal-3180	481	8	prospects	prospect	NOUN
cjal-3180	481	9	for	for	ADP
cjal-3180	481	10	the	the	DET
cjal-3180	481	11	continued	continue	VERB
cjal-3180	481	12	development	development	NOUN
cjal-3180	481	13	of	of	ADP
cjal-3180	481	14	hong	hong	PROPN
cjal-3180	481	15	kong	kong	PROPN
cjal-3180	481	16	's	's	PART
cjal-3180	481	17	merger	merger	NOUN
cjal-3180	481	18	and	and	CCONJ
cjal-3180	481	19	acquisition	acquisition	NOUN
cjal-3180	481	20	environment	environment	NOUN
cjal-3180	481	21	parallel	parallel	VERB
cjal-3180	481	22	those	those	PRON
cjal-3180	481	23	of	of	ADP
cjal-3180	481	24	the	the	DET
cjal-3180	481	25	rest	rest	NOUN
cjal-3180	481	26	of	of	ADP
cjal-3180	481	27	china	china	PROPN
cjal-3180	481	28	in	in	ADP
cjal-3180	481	29	that	that	DET
cjal-3180	481	30	sustainable	sustainable	ADJ
cjal-3180	481	31	growth	growth	NOUN
cjal-3180	481	32	will	will	AUX
cjal-3180	481	33	require	require	VERB
cjal-3180	481	34	effective	effective	ADJ
cjal-3180	481	35	rules	rule	NOUN
cjal-3180	481	36	and	and	CCONJ
cjal-3180	481	37	a	a	DET
cjal-3180	481	38	reliable	reliable	ADJ
cjal-3180	481	39	and	and	CCONJ
cjal-3180	481	40	predictable	predictable	ADJ
cjal-3180	481	41	legal	legal	ADJ
cjal-3180	481	42	system	system	NOUN
cjal-3180	481	43	.	.	PUNCT
cjal-3180	482	1	acting	act	VERB
cjal-3180	482	2	now	now	ADV
cjal-3180	482	3	to	to	PART
cjal-3180	482	4	preserve	preserve	VERB
cjal-3180	482	5	these	these	DET
cjal-3180	482	6	protections	protection	NOUN
cjal-3180	482	7	in	in	ADP
cjal-3180	482	8	hong	hong	PROPN
cjal-3180	482	9	kong	kong	PROPN
cjal-3180	482	10	can	can	AUX
cjal-3180	482	11	only	only	ADV
cjal-3180	482	12	benefit	benefit	VERB
cjal-3180	482	13	the	the	DET
cjal-3180	482	14	city	city	NOUN
cjal-3180	482	15	and	and	CCONJ
cjal-3180	482	16	the	the	DET
cjal-3180	482	17	industry	industry	NOUN
cjal-3180	482	18	.	.	PUNCT
cjal-3180	483	1	132	132	X
cjal-3180	483	2	.	.	PUNCT
cjal-3180	484	1	see	see	VERB
cjal-3180	484	2	gerald	gerald	PROPN
cjal-3180	484	3	singham	singham	PROPN
cjal-3180	484	4	and	and	CCONJ
cjal-3180	484	5	young	young	ADJ
cjal-3180	484	6	whee	whee	NOUN
cjal-3180	484	7	choo	choo	NOUN
cjal-3180	484	8	,	,	PUNCT
cjal-3180	484	9	major	major	ADJ
cjal-3180	484	10	legal	legal	ADJ
cjal-3180	484	11	issues	issue	NOUN
cjal-3180	484	12	:	:	PUNCT
cjal-3180	484	13	singapore	singapore	NOUN
cjal-3180	484	14	,	,	PUNCT
cjal-3180	484	15	int'l	int'l	ADV
cjal-3180	484	16	bus	bus	NOUN
cjal-3180	484	17	.	.	PUNCT
cjal-3180	485	1	acquisitions	acquisition	NOUN
cjal-3180	485	2	,	,	PUNCT
cjal-3180	485	3	1996	1996	NUM
cjal-3180	485	4	,	,	PUNCT
cjal-3180	485	5	at	at	ADP
cjal-3180	485	6	241	241	NUM
cjal-3180	485	7	(	(	PUNCT
cjal-3180	485	8	"	"	PUNCT
cjal-3180	485	9	singapore	singapore	PROPN
cjal-3180	485	10	has	have	AUX
cjal-3180	485	11	always	always	ADV
cjal-3180	485	12	encouraged	encourage	VERB
cjal-3180	485	13	foreign	foreign	ADJ
cjal-3180	485	14	investments	investment	NOUN
cjal-3180	485	15	;	;	PUNCT
cjal-3180	485	16	in	in	ADP
cjal-3180	485	17	fact	fact	NOUN
cjal-3180	485	18	,	,	PUNCT
cjal-3180	485	19	the	the	DET
cjal-3180	485	20	backbone	backbone	NOUN
cjal-3180	485	21	of	of	ADP
cjal-3180	485	22	the	the	DET
cjal-3180	485	23	singapore	singapore	PROPN
cjal-3180	485	24	economy	economy	NOUN
cjal-3180	485	25	is	be	AUX
cjal-3180	485	26	very	very	ADV
cjal-3180	485	27	much	much	ADV
cjal-3180	485	28	the	the	DET
cjal-3180	485	29	strength	strength	NOUN
cjal-3180	485	30	of	of	ADP
cjal-3180	485	31	multinationals	multinational	NOUN
cjal-3180	485	32	.	.	PUNCT
cjal-3180	486	1	"	"	PUNCT
cjal-3180	486	2	)	)	PUNCT
cjal-3180	486	3	;	;	PUNCT
cjal-3180	486	4	anthony	anthony	PROPN
cjal-3180	486	5	neoh	neoh	PROPN
cjal-3180	486	6	,	,	PUNCT
cjal-3180	486	7	hong	hong	PROPN
cjal-3180	486	8	kong	kong	PROPN
cjal-3180	486	9	's	's	PART
cjal-3180	486	10	future	future	NOUN
cjal-3180	486	11	:	:	PUNCT
cjal-3180	486	12	the	the	DET
cjal-3180	486	13	view	view	NOUN
cjal-3180	486	14	of	of	ADP
cjal-3180	486	15	a	a	DET
cjal-3180	486	16	hong	hong	PROPN
cjal-3180	486	17	kong	kong	PROPN
cjal-3180	486	18	lawyer	lawyer	NOUN
cjal-3180	486	19	,	,	PUNCT
cjal-3180	486	20	cal	cal	PROPN
cjal-3180	486	21	w.	w.	PROPN
cjal-3180	486	22	int'll.j	int'll.j	PROPN
cjal-3180	486	23	.	.	PROPN
cjal-3180	486	24	,	,	PUNCT
cjal-3180	486	25	1992	1992	NUM
cjal-3180	486	26	(	(	PUNCT
cjal-3180	486	27	explaining	explain	VERB
cjal-3180	486	28	hong	hong	PROPN
cjal-3180	486	29	kong	kong	PROPN
cjal-3180	486	30	's	's	PART
cjal-3180	486	31	"	"	PUNCT
cjal-3180	486	32	need	need	NOUN
cjal-3180	486	33	to	to	PART
cjal-3180	486	34	court	court	VERB
cjal-3180	486	35	foreign	foreign	ADJ
cjal-3180	486	36	capital	capital	NOUN
cjal-3180	486	37	"	"	PUNCT
cjal-3180	486	38	)	)	PUNCT
cjal-3180	486	39	.	.	PUNCT
cjal-3180	487	1	133	133	NUM
cjal-3180	487	2	.	.	PUNCT
cjal-3180	488	1	hamlin	hamlin	PROPN
cjal-3180	488	2	,	,	PUNCT
cjal-3180	488	3	supra	supra	PROPN
cjal-3180	488	4	note	note	NOUN
cjal-3180	488	5	74	74	NUM
cjal-3180	488	6	,	,	PUNCT
cjal-3180	488	7	at	at	ADP
cjal-3180	488	8	32	32	NUM
cjal-3180	488	9	.	.	PUNCT
cjal-3180	488	10	134	134	NUM
cjal-3180	488	11	.	.	PUNCT
cjal-3180	489	1	ffrench	ffrench	ADJ
cjal-3180	489	2	,	,	PUNCT
cjal-3180	489	3	supra	supra	PROPN
cjal-3180	489	4	note	note	NOUN
cjal-3180	489	5	15	15	NUM
cjal-3180	489	6	,	,	PUNCT
cjal-3180	489	7	at	at	ADP
cjal-3180	489	8	131	131	NUM
cjal-3180	489	9	-	-	SYM
cjal-3180	489	10	2	2	NUM
cjal-3180	489	11	.	.	PUNCT