TNAG-1640-FCO40-2287-Economic-situation-in-Hong-Kong-1987 — Page 101

21.

There is also a notable growth of Japanese influence in Hong Kong. On the corporate front, Kumagai Gumi (Hong Kong) Limited of the Kumagai Japan Group was listed today.

22.

In the banking and stockbroking fields, there has been an influx of Japanese banks with currently over 30 Japanese broking houses in Hong Kong.

Office of the Commissioner

for Securities

29 May 1987