52

FINANCIAL STRUCTURE

The Companies Ordinance empowers the Governor in Council to recognise stock exchanges for certain limited purposes connected with the offering in writing of shares to any member of the public. Conditions for recognition have been stipulated by the Governor in Council, and by the end of the year all of the three active exchanges had been recognised.

圖,

書館

香港

LIBRARIES

NG KONG PUBLIC LIBRA

Page 90Page 91

Share This Page