- 4
The Chairman said there was a miscalculation in the counting record sheet for the constituency.
"There was apparently a mistake in that the correct sum of 28,009 votes for number one candidate was recorded as 29,009 votes.
"I don't think there is any inherent weakness in the counting system. From the evidence before me it appears that there has been purely a miscalculation," he said, adding that it was only an isolated incident.
"I am satisfied that for the time being that there was no material difference to the result of the election in question."
Mr Justice Woo advised Mr Tam that he should carefully consider all relevant factors in his case to see whether they would have substantially affected the election result and to consider whether to lodge an election petition.
According to the electoral law, a candidate may present an election petition within two months after the publication of the election result if he finds any material irregularity relating to that election or poll or count in respect of that election
End/Tuesday, September 19, 1995
Results of 1995 Survey of the Foreign Exchange Market in HK
The net daily turnover in the foreign exchange market in Hong Kong amounted to US$91 billion on the average day in April 1995, according to a survey conducted by the Hong Kong Monetary Authority (HKMA).
This represents almost 50% growth over the turnover of US$61 Bn recorded in April 1992 and 14% average annual growth rate.
The Chief Executive of HKMA, Mr Joseph Yam, says: "It is gratifying to see the Hong Kong foreign exchange market growing even more rapidly in the last three years than during the previous three." The survey is part of a global survey co- ordinated by the Bank for International Settlements (BIS) every three years.