WEDNESDAY, AUGUST 3, 1983
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LIQUIDITY RATIOS
THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S.18 OF THE BANKING ORDINANCE) FOR ALL BANKS ROSE IN JUNE TO 49.1 PER CENT FROM 48.3 PER CENT IN MAY. THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S.24A OF THE DEPOSIT-TAKING COMPANIES ORDINANCE) FOR ALL DEPOSIT-TAKING COMPANIES WAS 61.5 PER CENT IN JUNE, COMPARED WITH 62.8 PER CENT IN MAY.
NUMBER OR REPORTING INSTITUTIONS
THE NUMBER OF REPORTING LICENSED BANKS REMAINED UNCHANGED AT 132. THE NUMBER OF LICENSED DEPOSIT-TAKING COMPANIES ROSE BY 4 TO 26 WHILE THE NUMBER OF REGISTERED DEPOSIT-TAKING COMPANIES FELL BY 10 TO 326.
GOVERNOR RETURNS FROM PEKING TOMORROW
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THE GOVERNOR, SIR EDWARD YOUDE
SIR EDWARD YOUDE, RETURNS FROM PEKING TOMORROW (THURSDAY) ON FLIGHT CA 101 ETA 11.45 AM, AFTER ATTENDING ANOTHER TWO DAYS OF TALKS ON THE FUTURE OF HONG KONG.
A PRESS PHOTOGRAPHIC FACILITY WILL BE ARRANGED AT KAI TAK INTERNATIONAL AIRPORT.
PHOTOGRAPHERS AND CAMERAMEN ASSIGNED TO COVER THE ARRIVAL OF THE GOVERNOR SHOULD ASSEMBLE AT THE PRESS CONFERENCE ROOM ON THE GROUND FLOOR OF THE AIRPORT TERMINAL BUILDING NOT LATER THAN 10.45 AM.
619 OFFICERS WILL BE ON HAND TO ASSIST.
EXAMINATION AUTHORITY NEW CHAIRMAN APPOINTED
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MR GRAHAM C.H. CHENG, A PROMINENT HONG KONG INDUSTRIAL IST, HAS BEEN APPOINTED BY THE GOVERNOR AS CHAIRMAN OF THE INDEPENDENT HONG KONG EXAMINATION AUTHORITY WITH IMMEDIATE EFFECT.
MR CHENG, AGED 46, IS CHAIRMAN OF THE TACHING PETROLEUM CO LTD AND DOWDA ENTERPRISES CO LTD AND IS DIRECTOR FOR HONG KONG OF THE ASIAN PRODUCTIVITY ORGANISATION AND VICE CHAIRMAN OF THE HONG KONG PRODUCTIVITY COUNCIL.
HE IS ALSO CURRENTLY AN UNOFFICIAL MEMBER OF THE EXAMINATION AUTHORITY AND CHAIRMAN OF THE TECHNICAL EDUCATION COMMITTEE OF THE VOCATIONAL TRAINING COUNCIL.
MR CHENG TAKES OVER FROM THE CURRENT CHAIRMAN, THE DIRECTOR OF EDUCATION, MR COLVYN HAYE, WHO HAS BEEN CHAIRMAN SINCE 1980.
A GOVERNMENT SPOKESMAN SAID THAT MR CHENG'S APPOINTMENT MEANT THAT THE AUTHORITY WOULD NOW BE CHAIRED BY AN UNOFFICIAL.
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