2. LISTED INVESTMENTS
The Society's listed investments are stated at cost and comprise the following:
1988 1987 HK$ HK$ 4,620 shares in Cavendish International Holdings Ltd 9,365 9,365 1,425 shares in Hang Seng Bank Ltd 34,272 34,272 5,589 shares in Hongkong & Shanghai Banking Corporation Ltd 32,450 32,450 4,620 shares in Hong Kong Electric (Holdings) Co Ltd 14,827 14,827 90,914 90,914The market value at the balance sheet date was HK$124,050 (1987: HK$116,697).
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