GF 323
CONFIDENTIAL
- 7
機密
institutions is in the region
of
(US$0.9-1.9 billion).
HK$7-15
billion
At present the 15 China-related
licensed banks have 342 branches in Hong Kong employing
more than 14 000 people.
13.
taken up
Kong and
Building and construction
Between 1979 and 1989, PRC-interest companies had
1 201 building and construction contracts in Hong
Macau, which involved a total contract value of
This was equivalent to around 13% by
US$1.55 billion.
value of the total
overseas contracts taken up by
PRC-interest companies registered in China. It was claimed
that about 30 000 jobs had been created in Hong Kong and
Macau as a result of these contracts.
Infrastructure
14.
Ltd.
Traditionally the only PRC-interest company which had an interest in infrastructural investment was the China
Merchants (Holdings) Co.
Its interest was
concentrated in the development of port and storage
facilities.
Since the early 1980s, many more PRC-interest
companies went into infrastructural development in Hong
Notable examples
Crossing (23.75%
Kong.
Harbour
were the building of the Eastern
stake by CITIC (HK)) and the
Tate's Cairn Tunnel (20% stake by China Resources
(Holdings) Co. Ltd.).
company acquired a minority stake in an existing infrastructural facility. An example was the acquisition
In some cases, the PRC-interest
of a 10% stake in Kwai Chung Container Terminals 4, 6 and 7 by China Resources (Holdings) Co. Ltd.
15.
Property investment
During
very active in
the 1980s, the PRC-interest companies were
property development and property trading.
CONFIDENTIAL #