5
-
TUESDAY, DECEMBER 28, 1993
IN "THE ISSUE SIZE OF EXCHANGE FUND BILLS IS RAISED
ΤΟ ORDER
FOR SUCH MEET INCREASED DEMAND
PAPER BY BANKS IN HONG KONG ΤΟ FACILITATE THEIR DAY-TO-DAY LIQUIDITY MANAGEMENT,
"THE HIGH DEMAND FOR EXCHANGE FUND BILLS IS EVIDENCED BY THE OVER SUBSCRIPTION RATIO IN PREVIOUS TENDERS AND A VERY HIGH TURNOVER IN THE SECONDARY MARKET.
"IT IS EXPECTED THAT THE INCREASE IN THE SUPPLY OF HIGHLY WILL ENHANCE THE MARKETABLE INSTRUMENTS SUCH AS EXCHANGE FUND BILLS LIQUIDITY OF THE BANKING SYSTEM AS A WHOLE, THE SPOKESMAN SAID.
11
RESTAURANT RECEIPTS AND PURCHASES FOR THIRD QUARTER
IN
THE
BY
THE
AND
THE VALUE OF TOTAL RECEIPTS FOR THE RESTAURANT SECTOR THIRD QUARTER OF THIS YEAR, ESTIMATED AT $12.7 BILLION, INCREASED
ACCORDING ΤΟ 6% WHEN COMPARED WITH THE SAME QUARTER LAST YEAR,
THE CENSUS PROVISIONAL STATISTICS RELEASED TODAY (TUESDAY) BY STATISTICS DEPARTMENT.
AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES OVER THE TOTAL RECEIPTS DECREASED BY 2% IN VOLUME TERMS.
PERIOD,
IN
THE
THIRD THAN IN
RESTAURANTS THE VALUE OF TOTAL PURCHASES OF QUARTER THIS YEAR, ESTIMATED AT $4.6 BILLION, WAS 7% HIGHER THE SAME QUARTER LAST YEAR.
TOTAL RECEIPTS OF
SHOPS REGISTERED FAST FOOD
THOSE OF INCREASE
IN VALUE AND 11% IN VOLUME; 20% OF RESTAURANTS INCREASED BY 15% IN VALUE AND 6% IN VOLUME.
THE
LARGEST NON-CHINESE
MEANWHILE,
TOTAL RECEIPTS OF BARS RECORDED A 11% VALUE BUT A 7% DECREASE IN VOLUME.
INCREASE
IN
CHINESE
ON THE OTHER HAND, THE TOTAL RECEIPTS OF REMAINED UNCHANGED IN VALUE BUT DECREASED BY 8% IN VOLUME.
RESTAURANTS
BY
COMPARING THE FIRST THREE QUARTERS OF 1993 WITH THE SAME PERIOD OF 1992, TOTAL RESTAURANT RECEIPTS ROSE BY 4% IN VALUE BUT DROPPED 5% IN VOLUME.
COMPARING THE THIRD QUARTER OF 1993 WITH THE PRECEDING QUARTER, BY SEASONAL AND BEARING IN MIND THAT THE COMPARISON MAY BE AFFECTED FACTORS, TOTAL RESTAURANT RECEIPTS INCREASED BY 14% IN VALUE AND IN VOLUME.
12%
IN
RESTAURANT RECEIPTS IN VOLUME TERMS ARE DERIVED FROM THE PRICE CHANGES. VALUE TERMS AFTER ADJUSTING FOR COMPONENTS OF THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.
RECEIPTS RELEVANT
AND
THE REPORT ON THE QUARTERLY SURVEY OF RESTAURANT RECEIPTS PURCHASES FOR THE THIRD QUARTER OF 1993 IS NOW ON SALE AT $2 A COPY AT POST OFFICE BUILDING, THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL CONNAUGHT PLACE, CENTRAL; AND THE PUBLICATIONS SECTION OF THE AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER, WAN CHAI.
CENSUS
/ENQUIRIES ABOUT