XN000022-1989-02-16 — Page 3

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THURSDAY, FEBRUARY 16, 1989

то THE

INITIATIVE

OF THE

STOCK

EXCHANGE.

A NEW

THANKS STRUCTURE WHICH FULLY MET THE SPIRIT OF THESE RECOMMENDATIONS WAS IN PLACE IN OCTOBER 1988, HE SAID.

MR

PUT

EXCHANGE, FUTURES

SAID NENDICK REGARDING CHANGES TO THE

AND ITS CONSTITUTION IT WAS AT AN

STAGE OF REVISING ADVANCED

IN LINE WITH IMPLEMENTING A NEW CLEARING AND RISK MANAGEMENT SYSTEM THE COMMITTEE'S RECOMMENDATIONS,

EXPECTED ΤΟ

A CENTRAL BE FULLY

'A START HAS ALSO BEEN MADE ON THE ESTABLISHMENT OF

IS WHICH SYSTEM AND CLEARING

DEPOSITORY OPERATIONAL IN 1990," HE ADDED.

HONG WHICH CUSTOMERS THROUGHOUT THE

LOOKING AHEAD TO THE FUTURE,

MOST IMPORTANT KONG WOULD REMAIN THE FINANCIAL INSTITUTIONS WOULD SERVICE THEIR ASIA-PACIFIC REGION.

MR

NENDICK BELIEVED REGIONAL CENTRE

THAT

FROM

SOUTH CHINA IN

IT WOULD ALSO BE THE MAJOR SERVICE CENTRE FOR GENERAL AND THE PEARL RIVER DELTA REGION IN PARTICULAR, HE ADDED.

WE

WILL

DO

OUR

BEST

TO CREATE

THE

1+ HE SAID.

"AS A GOVERNMENT, APPROPRIATE ENVIRONMENT FOR THIS,

ZHOU NAN TO VISIT HONG KONG

*

REPUBLIC OF CHINA,

OF THE GOVERNOR

THE VICE FOREIGN MINISTER OF THE PEOPLE'S MR ZHOU NAN, WILL VISIT HONG KONG AT THE INVITATION FROM FEBRUARY 28 TO MARCH 2.

PROGRAMMES OF HIS VISIT ARE BEING FINALISED.

HE

THE GUEST OF

WILL STAY ON IN HONG KONG FOR A FEW DAYS AS MR XU JIATUN, DIRECTOR OF THE XINHUA NEWS AGENCY HONG KONG BRANCH.

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