TNAG-0623-FCO40-771-Hong-Kong-Government-investments-in-South-African-stocks-1977 — Page 49

pretty small fraction of Hong Kong's reserves, and Sir

M. Marlehore

may

as "t

i

indeed not have noticed it. But small amount it should be possible for

has Government to unload gradually without fuss.

1612

with the argument and

I

agree

let-

me

Recommendation.

c đ

the

дластив

you

Islal

qracial picture

diversification

For

have

my

am

reserves;

H. K.

their

7

for steding

Cun

thinking (!)

7

estimate

and

location

a4

a

has proceeded

18/2