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TUESDAY, JULY 14, 1992
+
SIX
THE NUMBER OF NEW COMPANIES REGISTERED DURING THE FIRST MONTHS OF THIS YEAR INCREASED BY 27 PER CENT, FROM 20,797 TO 26,472, AS COMPARED WITH THE SAME PERIOD LAST YEAR.
THE TOTAL NUMBER OF OVERSEAS COMPANIES THAT ESTABLISHED A PLACE OF BUSINESS IN HONG KONG UNDER PART XI OF THE COMPANIES ORDINANCE AT THE END OF LAST MONTH INCREASED BY 6 PER CENT END OF DECEMBER 1991, FROM 2,828 TO 2,1
.986.
OVER THE
PLACE OF HALF OF THIS WITH THE SAME
THE NUMBER OF NEW OVERSEAS COMPANIES ESTABLISHING A BUSINESS IN HONG KONG UNDER PART NI DURING THE FIRST YEAR WAS 254, AN INCREASE OF 27 PER CENT COMPARED PERIOD LAST YEAR.
NO SEPARATE STATISTICS ARE MAINTAINED ON HOW MANY OVERSEAS COMPANIES INCORPORATE LOCAL SUBSIDIARIES Ок TAKE UP A MAJORITY SHAREHOLDING IN A HONG KONG COMPANY.
IN THE FIRST HALF OF THIS YEAR EXISTING COMPANIES INCREASED THEIR NOMINAL CAPITAL BY $21,757 MILLION, AN INCREASE OF 57 PER CENT OVER THE SAME PERIOD LAST YEAR.
OVER THE SAME PERIOD OF COMPARISON, THE NOMINAL CAPITAL OF NEW COMPANIES INCORPORATED DECREASED FROM $2.139 MILLION ΤΟ $1,987 MILLION, A FALL OF 7 PER CENT.
THE TOTAL AMOUNT SECURED BY CHARGES REGISTERED ON THE ASSETS OF COMPANIES INCREASED BY 4 PER CENT, FROM $45,578 MILLION TO $47,234 MILLION, AND THE NUMBER OF CHARGES FILED IN THE FIRST SIX MONTHS OF THIS YEAR INCREASED BY 7 PER CENT FROM 15,643 TO 16,758 OVER THE SAME PERIOD LAST YEAR.
MILLION TO BY 26 PER
THE AMOUNT REPAID ON CHARGES, AS EVIDENCED BY CERTIFICATES OF SATISFACTION, INCREASED BY 29 PER CENT, FROM $4,057 $5,231 MILLION, AND THE NUMBER OF CERTIFICATES INCREASED CENT, FROM 7,656 TO 9,631.
OF PUBLIC
DURING THE PERIOD A TOTAL OF 92 PROSPECTUSES COMPANIES, INCLUDING 31 IN RESPECT OF MUTUAL FUNDS, WERE APPROVED AS AGAINST 93 PROSPECTUSES, INCLUDING 55 IN RESPECT DURING THE CORRESPONDING PERIOD IN 1991.
OF NUTUAL FUNDS,
DURING THE FIRST
THE NUMBER OF DOCUMENTS RECEIVED FOR FILING HALF OF THIS YEAR INCREASED BY 28 PER CENT OVER THE SAME PERIOD LAST YEAR, FROM 483,214 TO 616,230.
SYSTEM DURING
THE NUMBER OF SEARCHES MADE UNDER THE MICROFILM THE PERIOD INCREASED FROM 692,289 TO 783.976, A RISE OF 13 PER CENT OVER THE SAME PERIOD LAST YEAR.
THE TOTAL NUMBER OF SUMMONSES ISSUED BY THE REGISTRAR OF COMPANIES AGAINST COMPANIES AND THEIR DIRECTORS FOR BREACHES OF THE COMPANIES ORDINANCE, MAINLY FOR FAILURE TO FILE ANNUAL RETURNS WITH ACCOUNTS, WAS 66. THIS COMPARED WIT|| 60 DURING THE FIRST SIX MONTHS OF 1991.
/DURING THE