JUN. 11 '87 19:44 IMF WASH DC RAPICOM6300 477-7491

Document of the

International Finance Corporation

FOR OFFICIAL USE ONLY

REPORT

TO THE

BOARD OF DIRECTORS.

ON

PROPOSED INVESTIENTS, IN.

JF CHINA INVESTMENT COMPANY LTD

AND

JF CHINA MANAGEMENT COMPANY LTD.

HONG RON

June 5, 1987

P.006

Report No. IFC/P-837.

This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without IFC authorization,.

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