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TABLE 2: QUARTERLY ANALYSIS OF LOANS FOR USE IN HONG KONG BY SECTOR
Dec 1989
DECEMBER 1989 # +
Earlier quarters
(* change to December 1989)
(HK$mn)
Sep 1989
Jun 1989
Dec 1988
Manufacturing
46,267
Transport and transport
equipment
37,174
47.618 (−2.8 %)
33.435 (11.2 %)
47,291 ( -2.2 %)
27.043 ( 37.5 %)
38,011 (18.6 %)
23,380 ( 59.0 %)
Building, construction.
96,299
96.772 (−0.5 %)
91,518 ( 5.2 X)
58,864 ( 63.6 %)
property development and investment
Wholesale and retail trade
62,663
Financial concerns *
85,158
62,728 (-0.1 %)
74.919 ( 13.7 %)
65,874 ( -4.9 X)
67.625 ( 25.9 X)
59,744 ( 4.9 X)
53,040 ( 60.6 %)
Individuals:
to purchase flats in the Home Ownership Scheme and Private Sector Participation Scheme
10,605
9,880 ( 7.3 X)
9,200 (15.2 %)
8,656 ( 22.5 %)
to purchase other residential property
99,493
89,957 ( 10.6 %)
85,635 (16.2 %)
other purposes
Others
Total
55,105
91,830
584,594
52,756 ( 4.5 %)
93,414 ( 1.7%)
561.481 ( 4.1 X)
-
53.420 ( 3.2 %)
87,608 ( 4
535.224 ( 9.2 X)
L
48,050 ( 14.
88,383 { 3.9 %)
456.487 ( 28.1 %)
77,359 ( 28.6 %)
7 X)
* 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 1989 issue onwards.
• In December 1988, the return for reporting loans for use by sector was revised. As a result 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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MONDAY, FEBRUARY 5, 1990
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