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FRIDAY, DECEMBER 31, 1993

PARTLY OF CHINESE RIGHT OF ABODE IN KONG IS

UNDER THE OLD CRITERIA, A PERSON WHOLLY OR RACE WHO HAS A FOREIGN PASSPORT AND WHO HAS THE HONG KONG OR WHO HAS BEEN GRANTED UNCONDITIONAL STAY IN HONG NOT ELIGIBLE FOR A REP UNLESS HE IS A HKBDTC OR BN(O).

FACILITIES

IS ALSO ELIGIBLE ANY PERSON ELIGIBLE FOR REP HAVE A *** OR * SYMBOL ENDORSED ON HIS IDENTITY CARD.

ΤΟ

MONETARY STATISTICS FOR NOVEMBER

* * * * *

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS RECORDED

INCREASE DURING

то OWING MAINLY

THREE TOTAL APPLICATION MONIES OF $181.9

A SIGNIFICANT

FLOTATION BILLION.

EXERCISES INVOLVING

NOVEMBER,

THIS IS SHOWN IN STATISTICS PUBLISHED TODAY (FRIDAY) BY THE HONG KONG MONETARY AUTHORITY.

CONSISTENT WITH THIS, THE BROADEST HONG KONG DOLLAR MONEY SUPPLY, HK$M3, ROSE SUBSTANTIALLY IN THE MONTH. HONG KONG DOLLAR LOANS AND ADVANCES ALSO INCREASED.

DEPOSITS

AFFECTED BY SHARE

SUBSCRIPTION

MONIES, HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS (ADJUSTED TO INCLUDE SWAP DEPOSITS) ROSE STRONGLY BY 15.0% IN NOVEMBER, FOLLOWING INCREASES OF 0.9% AND 11.7% IN SEPTEMBER AND OCTOBER RESPECTIVELY.

AMONG THESE DEPOSITS, DEMAND DEPOSITS FELL BY 29.8% DURING THE MONTH,

ATTRIBUTABLE TO THE REFUNDING OF APPLICATION MONIES OF A NEW SHARE ISSUR LAUNCHED IN LATE OCTOBER.

SAVING DEPOSITS FELL BY 0.3% WHILE TIME DEPOSITS INCREASED BY 38.0%. YEAR-ON-YEAR, TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 48.8%.

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS DECLINED 0.2% IN NOVEMBER, AFTER A DECREASE OF 2.1% IN SEPTEMBER AND AN INCREASE OF 1.6% IN OCTOBER.

BY

OF THESE DEPOSITS, U.S. DOLLAR DEPOSITS AND NON-U.S. DOLLAR FOREIGN

YEAR- CURRENCY DEPOSITS FELL BY 0.3% AND 0.1% RESPECTIVELY. ON-YEAR, TOTAL FOREIGN CURRENCY DEPOSITS GREW BY 5.9%.

DURING NOVEMBER, DEPOSITS IN ALL CURRENCIES WITH LICENSED BANKS AND RESTRICTED LICENCE BANKS INCREASED BY 7.6% AND 1.3% RESPECTIVELY WHILE DEPOSITS WITH DEPOSIT-TAKING COMPANIES DECREASED BY 0.5%.

YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 27.0% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DECLINED BY 22.3% AND 8.9% RESPECTIVELY.

/MONEY_SUPPLY

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