XN000022-1993-12-28 — Page 6

5

-

TUESDAY, DECEMBER 28, 1993

IN "THE ISSUE SIZE OF EXCHANGE FUND BILLS IS RAISED

ΤΟ ORDER

FOR SUCH MEET INCREASED DEMAND

PAPER BY BANKS IN HONG KONG ΤΟ FACILITATE THEIR DAY-TO-DAY LIQUIDITY MANAGEMENT,

"THE HIGH DEMAND FOR EXCHANGE FUND BILLS IS EVIDENCED BY THE OVER SUBSCRIPTION RATIO IN PREVIOUS TENDERS AND A VERY HIGH TURNOVER IN THE SECONDARY MARKET.

"IT IS EXPECTED THAT THE INCREASE IN THE SUPPLY OF HIGHLY WILL ENHANCE THE MARKETABLE INSTRUMENTS SUCH AS EXCHANGE FUND BILLS LIQUIDITY OF THE BANKING SYSTEM AS A WHOLE, THE SPOKESMAN SAID.

11

RESTAURANT RECEIPTS AND PURCHASES FOR THIRD QUARTER

IN

THE

BY

THE

AND

THE VALUE OF TOTAL RECEIPTS FOR THE RESTAURANT SECTOR THIRD QUARTER OF THIS YEAR, ESTIMATED AT $12.7 BILLION, INCREASED

ACCORDING ΤΟ 6% WHEN COMPARED WITH THE SAME QUARTER LAST YEAR,

THE CENSUS PROVISIONAL STATISTICS RELEASED TODAY (TUESDAY) BY STATISTICS DEPARTMENT.

AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES OVER THE TOTAL RECEIPTS DECREASED BY 2% IN VOLUME TERMS.

PERIOD,

IN

THE

THIRD THAN IN

RESTAURANTS THE VALUE OF TOTAL PURCHASES OF QUARTER THIS YEAR, ESTIMATED AT $4.6 BILLION, WAS 7% HIGHER THE SAME QUARTER LAST YEAR.

TOTAL RECEIPTS OF

SHOPS REGISTERED FAST FOOD

THOSE OF INCREASE

IN VALUE AND 11% IN VOLUME; 20% OF RESTAURANTS INCREASED BY 15% IN VALUE AND 6% IN VOLUME.

THE

LARGEST NON-CHINESE

MEANWHILE,

TOTAL RECEIPTS OF BARS RECORDED A 11% VALUE BUT A 7% DECREASE IN VOLUME.

INCREASE

IN

CHINESE

ON THE OTHER HAND, THE TOTAL RECEIPTS OF REMAINED UNCHANGED IN VALUE BUT DECREASED BY 8% IN VOLUME.

RESTAURANTS

BY

COMPARING THE FIRST THREE QUARTERS OF 1993 WITH THE SAME PERIOD OF 1992, TOTAL RESTAURANT RECEIPTS ROSE BY 4% IN VALUE BUT DROPPED 5% IN VOLUME.

COMPARING THE THIRD QUARTER OF 1993 WITH THE PRECEDING QUARTER, BY SEASONAL AND BEARING IN MIND THAT THE COMPARISON MAY BE AFFECTED FACTORS, TOTAL RESTAURANT RECEIPTS INCREASED BY 14% IN VALUE AND IN VOLUME.

12%

IN

RESTAURANT RECEIPTS IN VOLUME TERMS ARE DERIVED FROM THE PRICE CHANGES. VALUE TERMS AFTER ADJUSTING FOR COMPONENTS OF THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.

RECEIPTS RELEVANT

AND

THE REPORT ON THE QUARTERLY SURVEY OF RESTAURANT RECEIPTS PURCHASES FOR THE THIRD QUARTER OF 1993 IS NOW ON SALE AT $2 A COPY AT POST OFFICE BUILDING, THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL CONNAUGHT PLACE, CENTRAL; AND THE PUBLICATIONS SECTION OF THE AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER, WAN CHAI.

CENSUS

/ENQUIRIES ABOUT