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TABLE 2 QUARTERLY ANALYSIS OF LOANS FOR USE IN HONG KONG BY SECTOR

Har 1990

FRIDAY, MAY 4, 1990

MARCH 1990 # +

(HE#mu}

Earlier quarters

(% change to March 1990)

Dec 1989

Sep 1989

Mar 1989

Manufacturing

48,062

Transport and transport

equipment

37.149

46,267 ( 3.9 X)

37.174 (−0.1

47.619 ( 0.9.)

33.435 ( 11.1 %)

43,529 ( 10.4

26.608 ( 39.E I)

Building, construction.

101,149

96,299 (

5.0 %)

96.772 ( 4.5 X)

64.243 (20.1 X1

property development and investment

Wholesale and retail trade

65,358

Financial concerns *

90,507

62.663 ( 4.3 %)

90.108 ( 6.3 X)

62.729 ( 4.2 X)

74.919 (20.8 %)

65.990 ( 0.0 %)

63,740 ( 43.0 %)

Individuals:

to purchase flats in the Home Ownership Scheme and Private Sector Participation Scheme

12.660

10.605 ( 19.4 %)

9,880 ( 28.1 %)

8,887 ( 42.5 %)

to purchase other residential property

107,406

99,493 (

*. *

89.957

19.4 X)

82,327 (30.5 X)

other purposes

Others

Total

56.828

99,428

615,547

55,105 (

9.1 X)

91.830 ( 8.3 X)

584.594 ( 5.8 X1

52,756 ( 7.7 %)

93.414 ( 8.4 %)

561.481 ( 10,2 %)

50.820 (11.6 %)

83.103 ( 19.6 %)

508,748 21.6 X)

#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 are published in the Monthly Digest of Statistics from the January 1989 issue onwards.

As a

+ In December 1988, the return for reporting loans for use by sector was revised.

result 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 excludes funds advanced to authorized institutions

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