XN000022-1992-05-11 — Page 5

TIT

MONDAY, MAY 11, 1992

HE WELCOMED THE SLOWING RECENT MONTHS.

DOWN OF THE GROWTH

OF LENDING IN

THAT UNTIL IT BECAME CLEAR THAT INSTITUTIONS SHOULD

HOWEVER, HE CAUTIONED, CONDITIONS IN THE HOUSING MARKET HAD STABILISED, CONTINUE TO EXERCISE RESTRAINT IN THEIR MORTGAGE LENDING.

YEARS OF FOREIGN DEPOSITS

THE REPORT NOTED THAT THE TREND IN PREVIOUS CURRENCY DEPOSITS GROWING MORE RAPIDLY THAN HONG KONG DOLLAR WAS REVERSED IN 1991.

FUNDS

KONG DOLLARS MR CARSE BELIEVED THAT THE SWITCH BACK INTO HONG MIGHT HAVE PARTLY REFLECTED THE BUILDING UP OF HONG KONG DOLLAR BY INVESTORS IN RESPONSE TO INVESTMENT OPPORTUNITIES IN HONG KONG.

OF

SUPERVISORY RESOURCES MR CARSE SAID DESPITE THE IMPACT ON

THE NUMBER OF THE CLOSURE OF BCCHK, HIS OFFICE WAS ABLE TO INCREASE OFF-SITE REVIEWS, ON-SITE EXAMINATIONS AND PRUDENTIAL INTERVIEWS.

PARTICULARLY

EFFORTS ON ON-SITE FOR LOCALLY

THE OFFICE AIMS TO FURTHER STRENGTHEN ITS EXAMINATION

THE IN INCORPORATED INSTITUTIONS.

COMING YEARS,

THE STRUCTURE OF THE OFFICE HAS BEEN REORGANISED TO AND IMPROVE WORK ARRANGEMENTS.

STREAMLINE

INSTITUTIONS WITHIN THE SAME UNDER THE NEW STRUCTURE,

UNDER COMMON GROUP AND WITH COMMON CHARACTERISTICS HAVE BEEN BROUGHT OVERSIGHT.

PEER

THE REPORT IS AVAILABLE FROM THE GOVERNMENT PUBLICATIONS CENTRE AT GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL AT PER COPY.

PLANNING DEPARTMENT OFFICIALS VISITING CHINA

SALES $28

DIRECTOR OF PLANNING,

A FIVE-MEMBER DELEGATION HEADED BY THE DR PETER K.S. PUN, IS CURRENTLY VISITING BEIJING AND SHANGHAI.

VISIT

MAY (FROM

10 TO MAY 17), DURING THE EIGHT-DAY DELEGATION WILL EXCHANGE EXPERIENCE WITH EXPERTS IN THE TWO CITIES AND DEVELOPMENT ORDER TO GAIN A DEEPER UNDERSTANDING ON PLANNING CHINA IN GENERAL AND IN THOSE CITIES IN PARTICULAR.

MEMBERS OF THE DELEGATION

THE

IN

IN

INCLUDE PRINCIPAL GOVERNMENT TOWN DR TED PRYOR; CHIEF TOWN SIT-MING; CHIEF TOWN PLANNER AND SENIOR

SUB-REGIONAL), PLANNER (TERRITORIAL AND PLANNER (TERRITORIAL STUDIES), MR LAU (TRANSPORT STUDIES AND CENTRAL DATA), MR ALAN KAM WAI-YIP TOWN PLANNER (INFORMATION AND TRAINING), MS HEIDI CHAN YUET-MEI.

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