RESTRICTED
RESTRICTED
FM FCO
TO DESKBY 11010OZ BTC HONG KONG
TELNO 53
OF 102104Z APRIL 90
INFO PRIORITY HONG KONG
Hire 121/2
RECEIVED IN R
176132
MDHOAN 6881
(41)
10 APR 1990
DESK OFFICE
3Y
INDEX
Iskon
34
36
OUR TELNO 38 AND YOUR TELNO 103: VALUE OF BRITISH INVESTMENT IN HONG KONG
1.
WE ARE PREPARING BULL POINTS ON THE VALUE OF BRITISH INVESTMENT IN HONG KONG FOR USE DURING THE SECOND READING DEBATE ON THE BRITISH NATIONALITY CHONG KONG) BILL ON 19 APRIL.
2. WE NOTE THAT THE FIGURE OF POUNDS STERLING 20 BILLION IS NOW BEING WIDELY QUOTED AS THE TOTAL GROSS STOCK MARKET VALUE OF BRITISH OWNED, CONTROLED (OR MANAGED ?) COMPANIES IN HONG KONG. BUT IT IS NOT CLEAR WHETHER THIS FIGURE HAS ACTUALLY BEEN CHECKED (PARA 4 OF FIRST TUR REFERS). GRATEFUL IF YOU COULD CONFIRM WHETHER THIS IS A RELIABLE FIGURE TO QUOTE DURING THE DEBATE AND WHETHER IT ALSO TAKES ACCOUNT OF BRITISH MANAGED FIRMS.
3
HURD
GRATEFUL FOR A REPLY IF POSSIBLE DESKBY 1109ODZ.
YYYY
ΜΑΙΝ
15
LIMITED
HKD
DISTRIBUTION
18
MR MCLAREN
ADDITIONAL
3
OT2, DTI, VIC ST
MR BROADBENT, ECONOMIC ADVS
HONG KONG GOVT OFFICE, LONDON
NNNN
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