CONFIDENTIAL
(c)
HONG KONG STOCK EXCHANGE
glad that, despite October crash and arrest of Ronald Li
etc, confidence in Hong Kong Stock Exchange has not been too
dangerously impaired.
welcome Hay Davison review of the stock and future exchanges.
Believe its recommendations should maintain and enhance Hong Kong's
reputation as an international financial centre. Understand Hong Kong Government intend to examine and implement them as appropriate
as soon as possible.
CONFIDENTIAL
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