FRIDAY, MAY 4, 1990
11
GOVERNOR TO VISIT NORTH AMERICA THIS MONTH
*
* *
AMERICA FROM
THE GOVERNOR, SIR DAVID WILSON, WILL VISIT NORTH MAY 20 TO 25, A GOVERNMENT SPOKESMAN ANNOUNCED TODAY (FRIDAY).
OTTAWA MINISTERS, AND PROVINCIAL
DURING HIS SIX-DAY TOUR, SIR DAVID WILL VISIT NEW YORK,
OTTAWA AND TORONTO, HE WILL MEET CANADIAN AND TORONTO. IN MEMBERS OF PARLIAMENT, SENIOR LEADERS.
GOVERNMENT
OFFICIALS,
AND TORONTO IN NEW YORK
WILL BRIEF BUSINESS ENGAGEMENTS AND DEVELOPMENTS IN HONG KONG.
HE
UNDERTAKE WILL AND COMMUNITY
TWO SPEAKING ON LEADERS
DETAILS OF HIS PROGRAMME ARE
BEING FINALISED,
THE SPOKESMAN
SAID.
TO THIRD VISIT THIS WILL BE SIR DAVID'S SINCE TAKING UP OFFICE AND THE FIRST OFFICIAL VISIT OF HONG KONG TO OTTAWA.
STATES THE UNITED
BY ANY GOVERNOR
INTERNATIONAL BANKING AND FINANCIAL COMMUNITY SHOWS CONFIDENCE IN HK
ON THE PART PROSPECTS MR DAVID
THERE ARE CLEAR SIGNS OF A CONTINUING CONFIDENCE OF THE INTERNATIONAL BANKING AND FINANCIAL COMMUNITY IN THE THE SECRETARY FOR MONETARY AFFAIRS, FOR HONG KONG'S FUTURE, NENDICK, SAID TODAY (FRIDAY).
BANK OUT THAT GROWTH AS A
SPEAKING AT A GOVERNOR'S SESSION OF THE ASIAN DEVELOPMENT
ITS 23RD ANNUAL MEETING IN NEW DELHI, INDIA, MR NENDICK POINTED DESPITE RECENT UNCERTAINTIES, HONG KONG LEADING INTERNATIONAL FINANCIAL CENTRE.
CONTINUED
COMPANIES LAST YEAR, 12 INTERNATIONAL
AND COMMODITIES CAME TO HONG KONG, HE SAID.
TRADING IN SECURITIES
1989 REGIONAL
ELEVEN BANKING LICENCES WERE GRANTED TO OVERSEAS BANKS IN AND A NUMBER OF MAJOR FINANCIAL INSTITUTIONS HAD ESTABLISHED HEADQUARTERS IN HONG KONG IN RECENT MONTHS, HE SAID.
WE
ARE PARTICULARLY
VULNERABLE
ΤΟ AND
"AS AN OPEN ECONOMY, EXTERNAL INFLUENCES. BUT HISTORY HAS DEMONSTRATED OUR FLEXIBILITY RESILIENCE, HE POINTED OUT.
NOTABLY ON OUR
GENERALLY, AND THE IMPACT WELL, HE SAID.
"ALTHOUGH LAST YEAR'S
PROPERTY AND FINANCIAL
EVENTS
IN
HAD TOURIST-RELATED SECTORS, SECTOR IN
CHINA
THEIR
EFFECT,
PARTICULAR,
THE ECONOMY WITHSTOOD THE
/HE STRESSED