+

56

-

(b)

Of the ten applications, three have been approved, two have been granted approval in principle, subject to their setting up a Hong Kong office in accordance with their business plan, and three are being processed. Further information is still awaited from the three applicants concerned to substantiate their financial position and their proposals for establishment of a Hong Kong office. No application has been rejected. However, two applications were withdrawn after the applicants realized that they were unable to meet the authorisation criteria for a strong financial position or the establishment of an office in Hong Kong.

End/Wednesday, February 22, 1995

Children of HK residents in China

Following is a question by the Hon Cheung Man-kwong and a written reply by the Secretary for Security, Mr Peter Lai, in the Legislative Council today (Wednesday):

Question:

According to the Government's recent estimation, about 300,000 children of Hong Kong residents are living in China. In this connection, will the Government inform this Council of:

(a)

(b)

(c)

the basis on which the above figure is arrived at and the distribution by age groups in intervals of five years;

the estimated number of such children who will become permanent residents of Hong Kong in 1997; and what variations of this figure are expected in the next two years;

the estimated number of such children born to unmarried couples and the basis of the estimation; whether children of this category will be eligible to become permanent residents of Hong Kong; and whether the government has discussed the issue with the Chinese Government and reached any agreement; if so, what is the outcome of the discussion; and

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