XN000022-1991-07-06 — Page 3

ON

SATURDAY, JULY 6, 1991

IN

THE IR

FOR YOUNG PEOPLE IN

IN PARTICIPATION

THE

HE NOTED THAT THERE WAS A GROWING TREND HONG KONG TO BE INCREASINGLY ACTIVE REPRESENTATIVE GOVERNMENT SYSTEM.

COUNCIL ELECTIONS,

FOR 55 AND

IN THE LATEST DISTRICT BOARD AND MUNICIPAL THE NUMBER OF ELECTED CANDIDATES AGED 21 TO 40 ACCOUNTED 59 PER CENT RESPECTIVELY, MR LAN SAID.

WOULD "IT WOULD BE INTERESTING TO SEE WHETHER YOUNG CANDIDATES

IN RESULTS

THE COMING IMPRESSIVE BE ABLE

EQUALLY TO ACHIEVE LEGISLATIVE COUNCIL ELECTIONS IN SEPTEMBER,'

I HE ADDED.

MONETARY STATISTICS FOR MAY PUBLISHED

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS AND THE

WERE SUPPLY

LITTLE BROADEST

HONG KONG DOLLAR MONEY DEFINITION OF CHANGED IN MAY COMPARED WITH APRIL, ACCORDING TO STATISTICS TODAY (SATURDAY) BY THE MONETARY AFFAIRS BRANCH.

PUBLISHED

ON THE OTHER HAND, HONG KONG DOLLAR LOANS AND ADVANCES RECORDED AN INCREASE IN MAY.

DEPOSITS

HONG

KONG

DOLLAR

DEPOSIT'S

WITH

AUTHORISED

INSTITUTIONS,

GROWTH 1.2%

ADJUSTED TO INCLUDE SWAP DEPOSITS, REGISTERED A ZERO PER CENT IN MAY, FOLLOWING A DECREASE OF 0.8% IN MARCH AND AN INCREASE OF IN APRIL.

OF THESE DEPOSITS, DEMAND DEPOSITS AND SAVINGS DEPOSITS FELL BY 6.7% AND 1.9% RESPECTIVELY WHILE TIME DEPOSITS ROSE BY 2.4% IN MAY.

COMPARED WITH A YEAR AGO, TOTAL HONG KONG DOLLAR DEPOSITS BY 12.0%, BROADLY IN LINE WITH THE GROWTH IN ECONOMIC ACTIVITIES,

GREW

DROPPED AND APRIL

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS BY 0.6% IN MAY, AFTER INCREASES OF 1.5% AND 0.6% IN MARCH RESPECTIVELY.

AMONG THESE DEPOSITS, U.S. DOLLAR DEPOSITS DECLINED WHILE NON-U.S. DOLLAR DEPOSITS INCREASED BY 0.2% IN MAY.

OVER THE YEAR, TOTAL FOREIGN CURRENCY DEPOSITS

20.2%.

ALL CURRENCIES WITH

LICENSED

BY 1.7%

INCREASED BY

BANKS,

RESTRICTED

5.6% AND 3.9%

OF DEPOSITS LICENCE BANKS AND DEPOSIT-TAKING COMPANIES FELL BY 0.1%, RESPECTIVELY IN MAY.

/COMPARED WITH