XN000022-1989-09-20 — Page 5

WEDNESDAY, SEPTEMBER 20, 1989

SHOULD

AUTOMATICALLY ANY DAMAGE

ΤΟ

WHEN AN PASSING

THESE DEVICES WOULD ENSURE THAT THE CLOSING OF THE GATE

GATE RE-OPEN STOP IMMEDIATELY AND THE

PREVENTING

IS

DETECTED,

OBSTRUCTION OBJECTS OR INJURY TO PERSONS.

THUS

BODIES PRACTICE ON

MEANWHILE, IN CONSULTATION WITH INTERESTED PROFESSIONAL AND ASSOCIATIONS, THE EMSD IS ALSO COMPILING A CODE OF THE SUBJECT FOR DISTRIBUTION TO THE PROFESSIONS IN THE RELATED FIELD.

GATES,

IN ADDITION TO TECHNICAL GUIDANCE ON HORIZONTAL SLIDING ALSO COVER WOULD

OTHER ELECTRICALLY-OPERATED THE CODE OF PRACTICE INSTALLATIONS SUCH AS SLIDING GLASS DOORS AND ROLLING SHUTTERS.

INVESTMENT FUNDAMENTALS REMAIN UNCHANGED

SMA

* *

NOT CHANGED SEVERELY MONETARY

THE FUNDAMENTALS FOR INVESTMENT IN HONG KONG HAVE ALTHOUGH RECENT EVENTS IN PEKING AND ELSEWHERE IN CHINA HAVE SHAKEN

IN THE TERRITORY, AFFAIRS, MR DAVID NENDICK, SAID.

CONFIDENCE

SPEAKING

THE SECRETARY FOR

MARKETS

AND EMERGING LONDON, MR NENDICK AFFIRMED AN IMPORTANT SOURCE OF TRADE, FOR CHINA AND THE BRIDGE LINKING

AT THE FIRST ASIA/PACIFIC INVESTMENT CONFERENCE HELD RECENTLY IN THAT HONG KONG WOULD CONTINUE TO BE INVESTMENT AND FOREIGN EXCHANGE CHINA WITH THE REST OF THE WORLD.

BEEN

EVIDENCE NO

ΤΟ

SUGGEST THAT THE

"IN FACT, THERE HAS INTEREST OF OVERSEAS FINANCIAL INSTITUTIONS IN HONG KONG HAS DECLINED.

+

SEVEN FOREIGN-OWNED BANKS "FOR INSTANCE. SINCE JUNE 1

HAVE HONG KONG AND BEEN GRANTED LICENCES TO CARRY ON BANKING BUSINESS IN

FROM APPLICATIONS NINE WE HAVE ALSO RECEIVED

INSTITUTIONS

HONG KONG WISHING TO OPERATE

IN THE FORM OF DEPOSIT-TAKING COMPANIES OR REPRESENTATIVE OFFICES.

IN

OTHER

"IN

JULY

THERE WAS

AN

OF UNDERWRITING PROJECT то PROVIDE

OVER-SUBSCRIPTION

A FINANCING FOR ADDITIONAL FACILITIES AT HONG KONG'S CONTAINER PORT.

COMMITMENTS IN RESPECT OF THE

"THE GROUP OF BANKS INVOLVED INCLUDED LEADING BANKS FROM AND THE USA," HE SAID.

JAPAN

A

BUSINESS

MAJOR UNITED STATES BANK MR NENDICK ADDED THAT LAST MONTH A ALSO COMMITTED ITSELF TO PROVIDE LOANS TOTALLING US$667 MILLION FOR

CONSTRUCTION

IN THE PROJECT MAJOR COMMERCIAL DISTRICT.

CENTRAL

/THESE ARE