CO129-246 - Acting Governor Fleming - 1890 [8-9] — Page 729

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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attack by unscrupulous speculators. The growth of Trade in China, Japan, and the Straits has developed a number of Limited Liability Companies which are registered in Hongkong, and Hongkong has thus become the chief centre for the sale and purchase of their Stock. The business of buying and selling has not, since its inception, been governed by any recognised rules and the intolerable scandals of last year, resulting in numerous breaches of trust, were primarily caused by the facilities given for unrestricted share gambling.

When shares in Public Companies have been forced, perhaps beyond their actual value, by certain speculators who have, or may have, no means, the Public (seeing men they usually regard as possessing knowledge of working results steadily buying) gather confidence and invest, not only their savings, but their credit, only to find the men who were buyers now selling, and are selling not only shares they have, but shares they expect to obtain out of the necessities of those who were led astray by their previous action, and who are unable to meet their bargains, leading to the depreciation...

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attack by unscrupulous speculators. The growth of Trade in China, Japan, and the Straits has developed a number of Limited Liability Companies which are registered in Hongkong, and Hongkong has thus become the chief centre for the sale and purchase of their Stock. The business of buying and selling has not, since its inception, been governed by any recognised rules and the intolerable scandals of last year, resulting in numerous breaches of trust, were primarily caused by the facilities given for unrestricted share gambling. When shares in Public Companies have been forced, perhaps beyond their actual value, by certain speculators who have, or may have, no means, the Public (seeing men they usually regard as possessing knowledge of working results steadily buying) gather confidence and invest, not only their savings, but their credit, only to find the men who were buyers now selling, and are selling not only shares they have, but shares they expect to obtain out of the necessities of those who were led astray by their previous action, and who are unable to meet their bargains, leading to the depreciation... Page 725
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3 attack by unscrupulous speculators. The growth of Irade in China Japan and the Straits has developed a number of Limited Liability Companies which are StongKong, registered in and songsong has thus become the chief centre for the sale and purchase of their Stock. The business of buying and se selling has not since its inception been erned by any recognised governed rules and the intolerable scandals of last year resulting in numerous breaches of trust, were primarily caused by the facilities given for unrestricted share gambling. When shares in Public Companies ここ 725 Companies have been forced perhaps beyond their actual value by certain speculators who have or may noh have means, means, the Public (seeing men they usually regard as possessing knowledge of working results stea steadily buying) gather confidence and invest, not only their but their credit, savings, only to find the men who were buyers now sell selling, and are selling not only shares they have,. but shares they expect to obtain out of the necessities of those who were led astray by their previous action, and who are unable to meet their bargains ning to the depreciation
2026-05-26 11:09:23 · Baseline
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3

attack by unscrupulous speculators. The growth of Irade in China Japan

and the Straits has developed a number of Limited Liability Companies

which are

StongKong,

registered in

and songsong

has thus become the

chief centre for the sale and purchase of their

Stock. The business of buying

and se

selling

has not since

its inception been

erned by any recognised

governed

rules and the intolerable

scandals of last year

resulting

in numerous

breaches of trust, were

primarily caused by

the facilities given for unrestricted share gambling.

When shares in Public

Companies

ここ

725

Companies have been forced

perhaps beyond their actual value by certain speculators who have or may

noh

have means,

means, the Public

(seeing

men

they usually

regard as possessing knowledge of working

results stea

steadily buying)

gather confidence and

invest, not

only

their

but their credit,

savings,

only

to find

the men

who were buyers

now sell

selling,

and

are

selling

not only shares they have,. but shares they expect to obtain out of the necessities of those who were led astray by their previous action, and who are

unable to meet their

bargains ning

to the

depreciation

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