XN000022-1985-10-25 — Page 2

FRIDAY, OCTOBER 25, 1985

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BUSY DAY FOR VISITING MP'S

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THE VISITING CHAIRMAN OF THE BRITISH HONG KONG PARLIAMENTARY GROUP, SIR PETER BLAKER, AND CONSERVATIVE MEMBER OF PARLIAMENT, SIR PAUL BRYAN, HAD A BUSY DAY TODAY MEETING PEOPLE AND SEEING THE LATEST DEVELOPMENT IN HONG KONG.

THEY STARTED THE DAY WITH AN HOUR-LONG HELICOPTER TOUR DURING WHICH THEY SAW MANY NEW BUILDINGS AND ROADS COMPLETED SINCE THE IR PREVIOUS VISIT TO THIS CITY LAST YEAR.

THE MP'S, TOGETHER WITH LADY BLAKER AND LADY BRYAN, THEN CALLED ON THE CHAIRMAN OF THE SECURITIES COMMISSION, MR ́ARCHIBALD ZIMMERN, AND THE COMMISSIONER FOR SECURITIES AND COMMODITIES TRADING, MR RAY ASTIN, AND WERE BRIEFED OF THE GENERAL SITUATION OF THE LOCAL STOCK MARKET.

THIS WAS FOLLOWED BY A BRIEF VISIT TO THE KAM NGAN STOCK EXCHANGE DURING WHICH THE VISITORS SAW ACTUAL TRADING IN PROGRESS.

ACCOMPANIED BY THE DEPUTY COMMISSIONER FOR SECURITIES AND COMMODITIES TRADING, MR DEREK MURPHY, THEY THEN TOURED THE STOCK EXCHANGE OF HONG KONG LIMITED AT THE NEWLY-COMPLETED EXCHANGE SQUARE.

THERE THEY WERE TOLD BY THE ACTING CHAIRMAN OF THE STOCK EXCHANGE OF HONG KONG LIMITED, DR RONALD LI, THAT AFTER NEXT FEBRUARY THERE WOULD BE ONE UNIFIED STOCK EXCHANGE OPERATING ON THE NEW TRADING FLOOR, AND THAT SECURITIES TRADING WOULD BECOME COMPUTER-ASSISTED.

AFTER THE TOUR, THE VISITORS ATTENDED A LUNCH HOSTED BY THE ACTING SECRETARY FOR DISTRICT ADMINISTRATION, MR BARRIE WIGGHAM, WHICH WAS ALSO ATTENDED BY COMMUNITY LEADERS.

MINISTER OF STATE ARRIVING ON SUNDAY

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THE MINISTER OF STATE FOR FOREIGN AND COMMONWEALTH AFFAIRS, MR TIMOTHY RENTON, WILL ARRIVE IN HONG KONG ON SUNDAY (OCTOBER 27) FOR A FIVE-DAY VISIT.

THIS WILL BE MR RENTON'S FIRST VISIT TO THE TERRITORY SINCE TAKING UP HIS APPOINTMENT IN SEPTEMBER AS MINISTER OF STATE WITH SPECIAL RESPONSIBILITIES FOR HONG KONG.

MR RENTON IS EXPECTED TO ARRIVE FROM LONDON ON FLIGHT CX 250, ETA 2.45 PM.

WHILE IN HONG KONG, MR RENTON WILL ATTEND THE INAUGURATION OF THE NEW LEGISLATIVE COUNCIL BUILDING AND THE OPENING OF THE 1985/3J SESSION ON OCTOBER 30.

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