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THURSDAY, JULY 22, 1993
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COMPANIES REGISTRY FIGURES FOR FIRST HALF YEAR RELEASED
THE ACTING REGISTRAR OF COMPANIES, MR A H PATEL, TODAY (THURSDAY) RELEASED FIGURES INDICATING INCREASES OF ACTIVITY IN MOST AREAS FOR THE FIRST SIX MONTHS OF THIS YEAR BY COMPARISON WITH SAME PERIOD OF 1992 FOR THE COMPANIES REGISTRY.
THE
OF
1993 AS COMPARED HAD INCREASED BY
WITH 8.8%
THE COMPANIES REGISTRY FIGURES SHOWED THAT THE TOTAL NUMBER COMPANIES ON THE REGISTER AT THE END OF JUNE THE TOTAL NUMBER AT THE END OF DECEMBER 1992 FROM 358,129 TO 389,688.
DURING THE FIRST SIX
THE NUMBER OF NEW COMPANIES REGISTERED MONTHS OF 1993 HAD INCREASED 26% FROM 26, 472 TO 33,477 AS COMPARED WITH THE CORRESPONDING PERIOD OF 1992.
ESTABLISHED A
THE TOTAL NUMBER OF OVERSEA COMPANIES WHICH HAD PLACE OF BUSINESS IN HONG KONG UNDER PART XI OP THE COMPANIES ORDINANCE AT THE END OF JUNE 1993 AS COMPARED WITH THE TOTAL NUMBER AT THE END OF DECEMBER 1992 INCREASED BY 4.4% FROM 3,193 TO 3,334.
THE NUMBER OF NEW OVERSEA COMPANIES ESTABLISHING A PLACE OF BUSINESS IN HONG KONG UNDER PART XI DURING THE FIRST* SIX MONTHS OF 1993 WAS 224, A DECREASE OF 12% COMPARED WITH THE FIRST SIX MONTHS OF 1992.
NO SEPARATE STATISTICS ARE MAINTAINED ON HOW MANY OVERSEA COMPANIES INCORPORATE LOCAL SUBSIDIARIES OR TAKE UP A MAJORITY SHAREHOLDING IN A HONG KONG COMPANY.
IN THE FIRST HALF YEAR OF 1993 EXISTING COMPANIES INCREASED THEIR NOMINAL CAPITAL BY $19,392 MILLION, A DECREASE OF 11% COMPARED WITH THE SAME PERIOD OF 1992, WHILE THE NOMINAL CAPITAL COMPANIES INCORPORATED DURING JANUARY JUNE 1993 INCREASED FROM $1,987 MILLION TO $3,704 MILLION COMPARED WITH THE SAME IN 1992.
-
THE
OF NEW BY 86% PERIOD
ASSETS
TO $29,377 MONTHS OF FIRST SIX
THE TOTAL AMOUNT SECURED BY CHARGES REGISTERED ON OF COMPANIES DECREASED BY 38% FROM $47,234 MILLION MILLION, AND THE NUMBER OF CHARGES FILLED IN THE FIRST SIX 1993 HAD DECREASED BY 9.7 % FROM 16,758 TO 15,134 OVER THE MONTHS OF 1992, WHILE THE AMOUNT REPAID ON CHARGES, AS EVIDENCED BY CERTIFICATES OF SATISFACTION, INCREASED BY 23% FROM $5,231 MILLION ΤΟ $6,450 MILLION, AND THE NUMBER OF CERTIFICATES HAD DECREASED BY 11% FROM 9,631 TO 8,558 IN THE SAME PERIOD.
PROSPECTUSES OF PUBLIC FUNDS, WERE REGISTERED
DURING THE PERIOD, A TOTAL OF 78 COMPANIES, INCLUDING 34 IN RESPECT OF MUTUAL AS AGAINST 92 PROSPECTUSES, INCLUDING 31 IN RESPECT OF MUTUAL FUNDS, DURING THE CORRESPONDING PERIOD IN 1992.
THE NUMBER OF DOCUMENTS RECEIVED FOR FILING DURING THE FIRST SIX MONTHS OF 1993 AS COMPARED WITH THAT FOR THE SAME PERIOD IN 1992 INCREASED BY 8% FROM 616,230 TO 666,497.
/THE NUMBER