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FRIDAY, JUNE 12, 1987
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IMPORTANCE OF INVESTORS' CONFIDENCE STRESSED
THE GOVERNMENT OF HONG KONG HAS
INTERFERE WRONG FOR IT TO INVESTMENT DECISIONS, THE (FRIDAY).
ALWAYS BELIEVED THAT IT IS DECISIONS OR INDIVIDUAL DAVID WILSON, SAID TODAY
IN
BUSINESS
SIR GOVERNOR,
TO KNOW YOUR INVESTMENT SPEAKING AT THE OPENING OF THE "GET
ΤΟ '87 EXHIBITION" SIR DAVID SAID THE GOVERNMENT SOUGHT ONLY
PROFESSIONALS AND ESTABLISH A FAIR FRAMEWORK IN WHICH ALL CONCERNED, NON-PROFESSIONALS ALIKE, COULD OPERATE WITH CONFIDENCE.
LEGISLATION, TAKING
"WE ARE THEREFORE UPDATING OUR INVESTMENT INTO ACCOUNT BOTH DEVELOPMENTS IN OTHER MAJOR CENTRES AND HONG UNIQUE FEATURES.
KONG'S
HAVE DIRECT
·
H
"WE ARE DOING THIS IN CONSULTATION WITH THOSE WHO EXPERIENCE THROUGH THEIR OWN INVOLVEMENT IN THE MARKET.
AN EXAMPLE THE HE QUOTED AS SHAREHOLDINGS, WHICH WAS PUBLISHED FOR DAYS AGO.
WHITE BILL ON DISCLOSURE
PUBLIC CONSULTATION SOME 10
OF
PRESENT LEGISLATION
TO STRENGTHEN THE "WE ARE ALSO WORKING AGAINST INSIDER DEALING," HE SAID.
STABLE FINANCIAL "WE ARE DETERMINED TO CONTINUE TO MAINTAIN A
BUSINESSES THE FREEDOM TO ENVIRONMENT, THAT ALLOWS INDIVIDUALS AND ENGAGE IN ACTIVITIES OF THEIR OWN CHOICE, AND THAT ALLOWS THE DRIVING RISK AND FORCES OF PRIVATE
INNOVATION, COMPETITION, INITIATIVE, REWARD TO PLAY A FULL PART IN THE TERRITORY'S CONTINUING SUCCESS."
DECLARATION HAD PROVIDED THE AS AN INTERNATIONAL FINANCIAL
SIR DAVID NOTED THAT THE JOINT POLITICAL BASIS FOR HONG KONG'S ROLE CENTRE TO CONTINUE WELL INTO THE FUTURE.
THROUGH HONG THE CONFIDENCE THE
"THE GROWTH IN INTERNATIONAL BUSINESS CHANNELLED KONG, WHICH IS CONTINUING UNABATED, DEMONSTRATES INTERNATIONAL COMMUNITY HAS IN HONG KONG'S FUTURE,
OUR
ΤΟ
WARRANT AS EFFICIENT AS ANY
THAT
MARKETPLACE CONTINUES "WE MUST ENSURE INVESTORS' CONFIDENCE: THAT IT CONTINUES TO BE ELSEWHERE," HE ADDED.
SIR DAVID POINTED OUT THAT IF HONG KONG POSITION AS A MAJOR FINANCIAL CENTRE, IT HAD TO ITS STANDARDS.
WAS то MAINTAIN ITS CONTINUE то UPGRADE
WILL
HAVE TO
CONTINUE TO
"THOSE WHO OPERATE IN THE MARKETS IMPROVE THE EFFICIENCY AND CONVENIENCE OF THEIR TRADING METHODS.
"THEY MUST