TUESDAY, JANUARY 31, 1989
15
TABLE 2 : QUARTERLY ANALYSIS OF LOANS FOR USE IN HONG KONG BY SECTOR
DECEMBER 1983
Dec 1988
Earlier quarters
(* change to December 1998)
(HK$mn)
Sep 1988
Jun 1988
Dec 1987
Manufacturing
Transport and transport
equipment
39.011
23.380
37,324 (
23,140 (
4.5 X)
1.0 %)
34.591 ( 12.8 X)
22.472 ( 4.0 %)
29.833 ( 30.8 %)
19.598 ( 19.3 %)
Building, construction,
58,864
44.697 ( 31.7 %)
42.934 ( 37.1 %)
39,512 ( 49.0 %)
property development
and investment +
Wholesale and retail trade
59.744
Financial concerns *
53,040
51.579 ( 15.8 X)
46.370 ( 14.4 %)
50.125 ( 19.2 %)
41.436 28.0 %
43.404 ( 37.6 %)
34,445 ( 54.0 %)
Individuals:
to purchase flats in the Home Ownership Scheme and Private Sector Participation Scheme
to purchase other residential property
8.656
8.147 (
6.2 %)
7,569 ( 14.4 %)
7.497 (15.5 %)
77.359
71.710 (
7.9 %)
67.461 ( 14.7 %)
57,915 ( 33.6
3)
other purposes
48.050
Others
Total
88.383
456.487
52,100 ( 7.8 %)
82,955 ( 6.5 %)
418.022 ( 9.2 %)
48,750 ( 1.4 X)
81.556 ( 8.4 %)
396.895 ( 15.0 %)
-
9.2 %) 44,019 (
76,464 (15.8 %)
352.635 ( 29.4 %)
# Starting from December 1988. more detailed statistics on loans to the transport sector,
to building, construction, property development and investment and to financial concerns are available. They will be published in the Honthly Digest of Statistics from the January 1989 issue onwards.
+ A considerable proportion of the increase during the fourth quarter of 1988 was due to the rectification of a classification error by some authorized institutions, so that the loans are now more properly classified according to their intended usage rather than the businesses of the loan recipients
This excludes funds advanced te banks and deposit-taking companies
/16 ***