FRIDAY, JUNE 8, 1984
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GOVERNMENT TO CONTINUE EFFORTS FOR HK'S SUCCESS: GOVERNOR
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IT WILL BE THE GOVERNMENT'S CONSTANT CONCERN THAT THE ESSENTI AL ATTRIBUTES OF HONG KONG'S ECONOMIC SUCCESS SHOULD CONTINUE, THE GOVERNOR, SIR EDWARD YOUDE, SAID TODAY.
SPEAKING AT THE TOPPING-OUT CEREMONY OF EXCHANGE SQUARE THIS AFTERNOON, SIR EDWARD SAID:
+1 AM VERY GLAD TO BE HERE THIS AFTERNOON FOR THE TOPPING- OUT OF EXCHANGE SQUARE.
+WE ARE STANDING HERE ON THE ROOF OF WHAT WILL BECOME THE UNIFIED STOCK EXCHANGE OF HONG KONG. NEXT YEAR OUR FOUR STOCK EXCHANGES WILL COME TOGETHER IN THIS BUILDING. TODAY'S CEREMONY THEREFORE IS SYMBOLIC OF THE DEVELOPMENT OF HONG KONG AS THE WORLD'S THIRD LARGEST FINANCIAL CENTRE.
+WHILE WE CELEBRATE TODAY THE TOPPING-OUT OF THIS MAJOR COMMERCIAL DEVELOPMENT, WE SHOULD ALSO REFLECT WHY INTERNATIONAL BUSINESS AND FINANCE FINDS HONG KONG SO ATTRACTIVE. THE SECRET OF HONG KONG'S COMMERCIAL SUCCESS LIES IN A COMBINATION OF FACTORS.
+THERE ARE THE TRADING AND FINANCIAL SKILLS OF OUR PEOPLE, WHICH ARE ALLOWED FULL SCOPE IN A FREE ECONOMIC AND SOCIAL ENVIRONMENT. THERE IS THE BUSINESS ACUMEN OF OUR ENTREPRENEURS. THERE ARE HONG KONG'S EXCELLENT COMMUNICATIONS WHICH MAKE IT A NATURAL REGIONAL CENTRE.
+THERE IS THE FREE FLOW OF MONEY IN AND OUT OF THE TERRITORY. THERE IS A STABLE AND LOW TAXATION SYSTEM. AND, THERE IS A RESPECTED AND LONG-STANDING PARTNERSHIP BETWEEN THE GOVERNMENT AND BUSINESS COMMUNITY AIMED AT THE CONTINUED DEVELOPMENT OF HONG KONG AS A FINANCIAL CENTRE. IT WILL BE OUR CONSTANT CONCERN THAT THESE ESSENTIAL ATTRIBUTES OF HONG KONG'S SUCCESS SHOULD CONTINUE.
+I CONGRATULATE THE HONG KONG LAND COMPANY LIMITED AND ALL ASSOCIATED WITH THE DEVELOPMENT OF EXCHANGE SQUARE. THEY HAVE IN ONLY TWO YEARS TRANSFORMED THE SITE INTO THE MAGNIFICENT BUILDING WHICH WE TOP OUT TODAY, AND WHICH IS A WELCOME AND ATTRACTIVE ADDITION TO HONG KONG'S FAMOUS WATERFRONT SKYLINE.
+ I WISH HONG KONG LAND WELL WITH ITS BOLD PLANS FOR EXCHANGE SQUARE; AND I WISH THE NEW UNIFIED STOCK EXCHANGE SUCCESS AND PROSPERITY WHEN IT STARTS OPERATING IN THESE PREMISES.+
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