Mr. WONG Po-yan: Sir, will Government agree that the freedom of
the oil market in Hong Kong is very limited?
Therefore more
Government encouragement or even suggestion to the oil companies to
improve their public relations is necessary.
Financial Secretary: Now I of course entirely agree with Mr. Wong.
He might be interested to know that the managing director of the
market leader in Hong Kong, that is the Shell Company, was out of
Hong Kong when the Budget speech was made. He returned on the
Thursday evening and there was a decrease in the price of petroleum
by 4 pm on the Friday afternoon.
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