XN000022-1988-01-07 — Page 3

1

N

THURSDAY, JANUARY 7, 1988

AND

"BOTH OPTIONS

THEIR HAVE

MERITS ADMINISTRATION IS IN THE PROCESS OF FINALISING ITS OWN SUBJECT BEFORE PUTTING THEM TO THE GOVERNOR-IN-COUNCIL,

ALSO

DEMERITS,

AND

THE

VIEWS ON

HE SAID.

THE

WAS

THE

NENDICK SAID, ACTION

ALLOW ORDINANCE

IN ADDITION TO MORE DISCLOSURE, MR IN HAND TO AMEND THE SECURITIES COMMISSIONER FOR SECURITIES TO PASS ON RELEVANT IN THE COURSE OF HIS DUTIES TO OTHER REGULATORY KONG AND TO PARALLEL REGULATORY BODIES OVERSEAS.

ΤΟ INFORMATION OBTAINED AUTHORITIES IN HONG

THUS

OF THE REGULATORY

AND FUNCTIONS

** HE SAID.

"THIS WILL, I AM SURE, ENHANCE THE ABILITY

CARRY

THEIR OUT AGENCIES HERE AND OVERSEAS TO PROVIDE FURTHER SAFEGUARDS TO THE PUBLIC'S SAVINGS,

MR RESUMPTION OF

TURNING TO THE FALL OF THE LOCAL STOCK MARKET LAST OCTOBER,

THE THAT FOLLOWING SAY NENDICK SAID HE WAS GLAD TO TRADING ON THE STOCK EXCHANGE AND THE PROVISION OF TO THE HONG KONG FUTURES GUARANTEE CORPORATION TO RESCUE STOCK EXCHANGE, ORDERLY TRADING HAD RESUMED IN BOTH THE MARKETS.

CREDIT FACILITIES THE FUTURES AND FUTURES

THE

PERFORMANCE

OF

SURE BUT

BY AFFECTED MUCH VERY "THOUGH CLEARLY FINANCIAL MARKETS WORLDWIDE, THE LOCAL MARKETS HAVE SHOWN A

MOST ILLUSTRATED STEADY RETURN OF INVESTOR CONFIDENCE, THE FACT THAT THE EVENTS OF LAST WEEKEND WERE QUICKLY PUT INTO PERSPECTIVE AND HAD LITTLE EFFECT ON THE LEVEL OF PRICES," HE SAID.

RECENTLY BY PROPER

ALL IN ALL, MR NENDICK EXPECTED 1988 TO BE AN INTERESTING AND A PRODUCTIVE ONE FOR ALL CONCERNED WITH THE CONTINUING SUCCESS THE SECURITIES INDUSTRY.

YEAR OF

FROM THE EVENTS OF "WE MUST, THOUGH, DRAW THE RIGHT LESSONS

FOUNDATION FOR THE FUTURE

AND GROWTH LAST YEAR AND BUILD A SOLID

HE SAID. DEVELOPMENT OF HONG KONG'S FINANCIAL MARKETS,

-T

GOVERNOR VISITS NGAU TAU KOK CLINIC

CLUB

VISITED (THURSDAY}

WITH HIMSELF

THE

THE

FAMILIARISE

THE GOVERNOR, SIR DAVID WILSON, TODAY

ΤΟ CLINIC NGAU TAU KOK JOCKEY SERVICES OF A STANDARD OUT-PATIENT CLINIC.

ON THE TOUR BY LADY WILSON SIR DAVID WAS ACCOMPANIED DIRECTOR OF MEDICAL AND HEALTH SERVICES, DR K.L. THONG.

THE

AT

AND THE

OUT-PATIENT SERVICE

THE GENERAL GOVERNOR FIRST STOPPED DEPARTMENT ON THE GROUND FLOOR WHERE HE WAS BRIEFED ABOUT ITS AND HE WAS TOLD THAT ABOUT 350 PATIENTS ATTENDED THE CLINIC EACH DAY.

/AT THE