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TUESDAY, AUGUST 1. 1989
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TABLE 2: QUARTERLY ANALYSIS OF LOANS FOR USE IN HONG KONG BY SECTOR JUNE 1989 * +
Jun 1989
Earlier quarters
(* change to June 1989)
(HK San)
Har 1999
Dec 1988
Jun 1988
Hanufacturing
47.291
Transport and transport
equipment
27.043
43,529 (
26.608 (
8.6
1.6 %)
39,011 ( 21.2 %)
23.380 ( 15.7 %)
34.691 1 30.7 %1
22.472 ( 20.3 %)
Building, construction,
91,518
84,243 (
6.6 %)
58,864 ( 55.5 %)
42.934 (113.2 %)
property development and investment
Wholesale and retail trade
Financial concerns *
65.874
67,625
65,390 ( 0.7 %)
63.740 ( 6.1 %)
59.744 ( 10.3 %)
53,040 ( 27.5 %)
50.125 ( 31.4 %)
41,436 1 63.2 %)
Individuals:
to purchase flats in the Home Ownership Scheme and Private Sector Participation Scheme
9.209
0.887 (
3.6 %)
0.656 ( 6.4 %)
7,569 (21.7 %)
to purchase other residential property
05.635
82.327 (
4.0 %)
77,359 ( 10.7 %)
67,461 ( 26.9 %)
other purposes
Others
Total
53.420
57,608
535.224
50,920 ( 4.9 %)
#3.203 ( 5.4 %)
508.748 ( $.2 %)
48.050.( 11.2 X)
82.383 t -0.9 )
456,487 ( 17.2 %)
П
48.750 ( 9.6 %)
81.556 ( 7.4 31
396,895 | 34.9 %)
* 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 Monthly Digest of Statistics from the January 1999 issue onwards.
'n December 1988, the return for reporting leans for use by sector was revised.
As a --gult of this, some authorized institutions have now more properly classified their loans according to Intended usage rather than the business of the loan recipients. This reclassification is an important reason accounting for the significant increase In loans to certain sectors. for example, the building, construction and property development sector and financial concerns.
This excludes funds advanced to banks and deposit-taking companies
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