# ROYAL ASIATIC SOCIETY-HONG KONG BRANCH
## NOTES TO THE ACCOUNTS
### YEAR ENDED 31ST DECEMBER 1993
## 2. LISTED INVESTMENTS
The Society's listed investments are stated at cost and comprise the following:
1993 1992 HK$ HK$ 3,077 shares in Hang Seng Bank Ltd. 34,272 1,690 shares in HSBC Holdings PLC. 32,450 5,083 shares in Hong Kong Electric (Holdings) Co. Ltd. 14,827 81,549The market value at the balance sheet date was nil (1992: HK$336,155).
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