Regiilived-file when't returns.
GR 200
RESTRICTED
никочо п
* 18. $ MAR 1983
31
RESTRICTED
FM HONG KONG 3010052 MAR 33
TO ROUTINE F CO
TELEGRAM NUMBER 443 OF 30 MARCH
INFO PEKING
FUTURE OF HONG KONG SPEECH IN TOKYO BY FUNG KING-HEY
WIDE-SPREAD AND PROMINENT COVERAGE WAS GIVEN IN ALL NEWSPAPERS
ON 29 MARCH TO A SPEECH BY FUNG KING-HEY, CHAIRMAN OF SUNG HUNG
KAI SECURITIES. THE SPEECH WAS DELIVERED AT THE OPENING IN TOKYO
OF THE ASIAN HEADQUARTERS OF THE STANFORD RESEARCH INSTITUTE.
THE PASSAGE ON HONG KONG'S FUTURE ATTRACTED MOST ATTENTION. FUNG
SAID THAT HONG KONG WOULD IN FUTURE BE LED BY A NEW GENERATION
UF PEOPLE WITH A DEEP SENSE OF BELONGING AND GREAT CONFIDENCE.
IN HONG KONG'S FUTURE. HONG KONG WOULD MAINTAIN ITS PRESENT
LIFE-STYLE AND EVOLVE AS A SELF-GOVERNING TERRITORY UNDER CHINESE
SOVEREIGNTY, HONG KONG WOULD RETAIN ITS OWN LEGAL SYSTEM AND
INTERNAL SECURITY FORCES.
2. THE COMMUNIST PRESS PLAYED UP FUNG'S REFERENCE TO CHINESE
SOVEREIGNTY. THE INDEPENDENT PRESS CONCENTRATED ON HIS REMARKS
ABOUT CONTINUITY.
3. WE RECEIVED A COPY OF FUNG'S SPEECH VERY SHORTLY BEFORE HIS
DEPARTURE FOR JAPAN ON 28 MARCH. THERE WAS NO OPPORTUNITY TO
COMMENT.
4. THE ONLY EDITORIAL COMMENT TO DATE HAS BEEN IN THE HONG KONG
COMMERCIAL DAILY, THE LEAST IMPORTANT OF THE LOCAL COMMUNIST NEWSPAPERS. IN AN EDITORIAL ON 30 MARCH, THE COMMERCIAL DAILY
SAID THAT FUNG KING-HEY'S REMARKS DEMONSTRATED THAT CHINA'S PLANS
FOR HONG KONG'S FUTURE INSPIRED CONFIDENCE. THE EDITORIAL
ALSO REFERRED TO RECENT GOVERNMENT STATISTICS SHOWING THAT THERE
HAD BEEN RECORD INFLOWS OF FOREIGN INVESTMENT TO HONG KONG.
YOUDE
[NOT ADVANCED]
FUTURE OF HONG KONG
LIMITED
HD/HKGD
HD/FED
HD/PLANNING STAFF
HD/PUSD
PS
PS/MR HURD
PS/LORD BELSTEAD
PS/FUS
SIR J BULLARD
MR GIFFARD
MR DONALD
COPIES TO
SIR I SINCLAIR MR. BURROUS MR ROBERTS
MR MARTIN
LEGAL ADVISER
NEWS D
ASSESSMENTS STAFF
CABINET OFFICE
MR. FLOWER
PUSD
RESTRICTED
| CM13_14