XN000022-1990-02-06 — Page 6

5

TUESDAY, FEBRUARY 6. 1990

F

ON MR "I'M CONCERNED THAT THE FACT THAT THERE WAS AN ATTACK ALLEN LEE AND I WOULD LIKE TO KNOW ALL THE INFORMATION THE POLICE HAVE GOT, AND I WOULD LIKE TO HAVE THAT AS SOON AS I POSSIBLY CAN GET IT, HE SAID.

NOT THE GOVERNOR POINTED OUT THAT AT THIS STAGE THE POLICE DID KNOW WHO WAS RESPONSIBLE AND WOULD BE FOLLOWING UP ON IT AS QUICKLY AS THEY POSSIBLY COULD.

"WE MUST MAKE SURE THAT THIS SORT OF VIOLENCE DOESN'T HAPPEN IN OUR SOCIETY. IT IS QUITE INTOLERABLE THAT THIS SORT OF VIOLENCE SHOULD DAVID AFFECT ANYBODY, AND THAT OF COURSE INCLUDES MR ALLEN LEE," SIR SAID.

A POLITICAL MOTIVE ASKED IF IT WAS POSSIBLE THAT THERE WAS INVOLVED, THE GOVERNOR SAID: "THERE IS ABSOLUTELY NO EVIDENCE AT MOMENT TO SUGGEST THAT THERE WAS ANYTHING POLITICAL BEHIND IT. IS A WHOLE RANGE OF POSSIBILITIES WHICH THE POLICE MUST PURSUE, BUT AT THAT THERE IS THIS STAGE THERE IS NO REASON WHATSOEVER TO BELIEVE ANYTHING POLITICAL BEHIND IT."

THE THERE

LAUNCHING OF HIBOR FUTURES CONTRACT AN IMPORTANT STEP

THE LAUNCHING OF THE HIBOR (HONG KONG INTER-BANK OFFERED

THE DEVELOPMENT FUTURES CONTRACT REPRESENTS AN IMPORTANT STEP IN

FINANCIAL THE FINANCIAL FUTURES MARKET IN HONG KONG, SIR PIERS JACOBS, SAID THIS (TUESDAY) EVENING.

RATE)

OF

THE

SECRETARY,

FUTURES EXCHANGE SIMILAR SUCCESS IN OVERSEAS

SPEAKING AT A DINNER HOSTED BY THE HONG KONG TO MARK ITS LAUNCHING, SIR PIERS NOTED THAT FINANCIAL FUTURES

HAD ENJOYED TREMENDOUS TO THE HIBOR CONTRACT MARKETS.

"THESE

FINANCIAL FUTURES CONTRACTS

ARE

OF CONSIDERABLE OF FINANCIAL

IMPORTANCE IN RELATION TO THE PROVISION OF A FULL RANGE SERVICES.

DIRECTLY RELATED ΤΟ OFFER TO THE MARKET RISK EFFECTIVELY

"THE SUCCESS OF THIS TYPE OF MARKET HAS BEEN TO THE BENEFITS THESE INSTRUMENTS ARE ABLE PARTICIPANTS, IN PARTICULAR THE ABILITY TO TRANSFER

AND EFFICIENTLY.

DOUBT "I HAVE NO

KONG FINANCIAL COMMUNITY,

TIME

AND WITH

CONTINUED MANAGEMENT, THE NEW CONTRACT WILL BRING THE SAME BENEFITS TO THE

THAT OVER

H

HE SAID.

GOOD

HONG

/ADDRESSING CONCERN