XN000022-1989-08-01 — Page 10

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TUESDAY, AUGUST 1. 1989

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TABLE 2: QUARTERLY ANALYSIS OF LOANS FOR USE IN HONG KONG BY SECTOR JUNE 1989 * +

Jun 1989

Earlier quarters

(* change to June 1989)

(HK San)

Har 1999

Dec 1988

Jun 1988

Hanufacturing

47.291

Transport and transport

equipment

27.043

43,529 (

26.608 (

8.6

1.6 %)

39,011 ( 21.2 %)

23.380 ( 15.7 %)

34.691 1 30.7 %1

22.472 ( 20.3 %)

Building, construction,

91,518

84,243 (

6.6 %)

58,864 ( 55.5 %)

42.934 (113.2 %)

property development and investment

Wholesale and retail trade

Financial concerns *

65.874

67,625

65,390 ( 0.7 %)

63.740 ( 6.1 %)

59.744 ( 10.3 %)

53,040 ( 27.5 %)

50.125 ( 31.4 %)

41,436 1 63.2 %)

Individuals:

to purchase flats in the Home Ownership Scheme and Private Sector Participation Scheme

9.209

0.887 (

3.6 %)

0.656 ( 6.4 %)

7,569 (21.7 %)

to purchase other residential property

05.635

82.327 (

4.0 %)

77,359 ( 10.7 %)

67,461 ( 26.9 %)

other purposes

Others

Total

53.420

57,608

535.224

50,920 ( 4.9 %)

#3.203 ( 5.4 %)

508.748 ( $.2 %)

48.050.( 11.2 X)

82.383 t -0.9 )

456,487 ( 17.2 %)

П

48.750 ( 9.6 %)

81.556 ( 7.4 31

396,895 | 34.9 %)

* Starting from December 1988, more detailed statistics on loans to the transport sector,

to building, construction. property development and investment and to financial concerns are available. They will be published in the Monthly Digest of Statistics from the January 1999 issue onwards.

'n December 1988, the return for reporting leans for use by sector was revised.

As a --gult of this, some authorized institutions have now more properly classified their loans according to Intended usage rather than the business of the loan recipients. This reclassification is an important reason accounting for the significant increase In loans to certain sectors. for example, the building, construction and property development sector and financial concerns.

This excludes funds advanced to banks and deposit-taking companies

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