布政司署
香港下亞囲畢道
CONFIDENTIAL
BY FAX
GOVERNMENT SECRETARIAT
LOWER ALBERT ROAD HONG KONG
本署檔號 Our Ref.. САВ И 1/16
來函檔號 Your Ret..
Dr. Simon Harkin,
Hong Kong Department,
Foreign & Commonwealth office,
London, SW1A 2AH,
United Kingdom.
Dean Simon,
Land Fund
25
23 July 1992
ра
MB23/7
the
Thanks for your fax.
Land Fund overall figures.
officially we do not have But I've checked with Mr. Joseph YAM, Director, Office of the Exchange Fund, who sits ad personam on the Land Fund Investment Committee. He advised that the total asset of the Land Fund was HK$33.946 billion as at 31 March 1992.
Since
1
has transferred a HKG April 1992, the
Land Fund. This then further HK$3.587 billion to the
about HK$37.533 billion produces
figure of a total (excluding accumulated earnings since 1 April 1992).
As I stressed over the phone, the above figures are for
The Chinese have internal consumption. strictly internal reacted strongly whenever we gave an estimate of the Land Fund in public.
ества,
Yours ev
Julma
( Joshua C.K. LAW )
for Secretary for Constitutional Affairs
CONFIDENTIAL