CONFIDENTIAL
CONFIDENTIAL
FM FCO
TO PRIORITY HONG KONG
TELNO 886
OF 2813OOZ MAY 92
WAY 101/2
INFO PRIORITY PEKING, UKREP JLG HONG KONG
PERSONAL FOR GOVERNOR FROM BURNS, AUS$
179)
YOUR TELNO 1411 AND PEKING TELNO
1. MANY THANKS.
(30
131
051634
MDLOAN 6832
TOP COPY
Q DIST?
32 HSBC/MIDLAND/LLOYDS
pa.o
2. IT WOULD BE HELPFUL IF SOMEONE COULD PULL TOGETHER FOR US A SUMMARY OF:
A) WHAT CHANGES ARE NOW AGREED TO (PROMISED BY OR DEMANDED OF) HSBC AS THE PRICE FOR BANK OF ENGLAND SUPPORT AND WHAT ACTION IS ENVISAGED WHEN:
ค
B) WHAT FURTHER ACTION WITH THE CHINESE BY HKG OR HMG OR HSBC OUGHT TO BE ENVISAGED:
C) HOW YOU INTEND TO PLAY YOUR FURTHER DISCUSSION OF THIS ISSUE IN THE CONFIDENTIAL FINANCIAL DIALOGUE.
HURD
YYYY
DISTRIBUTION
38
MAIN
38
HKD
FED
PS/MR PATTEN
PS/PUS
ECONOMIC ADVISERS
SIR J COLES
ERD
MR CROWE
PS
MR BURNS
PS/MR GOODLAD
MR BONE
NNNN
PAGE 1 CONFIDENTIAL