CONFIDENTIAL
FM FCO
TO PRIORITY HONG KONG
TELNO 429
OF 171515Z FEBRUARY 88
CONFIDENTIAL
HKC 100
100/1
19
102165
MDLOAN 2712
TOP COPY O DIST ?
FOLLOWING PERSONAL FOR GOVERNOR FROM HUM, HKD
MR CHARLES SIN
#
1 I HAVE RECEIVED A LETTER FROM MR CHARLES SIN, THE (NOMINAL) CHAIRMAN OF THE HONG KONG STOCK EXCHANGE. HE IS IN LONDON, AND HAS ASKED TO COME AND SEE ME, I SHALL ARRANGE FOR THAT TO HAPPEN TOWARDS THE END OF NEXT WEEK.
2. YOU MAY RECALL THAT I HAVE BEEN IN CONTACT WITH MR SIN IN HAPPIER TIMES, AND THAT WHEN I WAS LAST IN HONG KONG HE ARRANGED A DINNER FOR ME. SINCE THEN THE ICAC INVESTIGATION INTO THE STOCK EXCHANGE HAS BECOME PUBLIC AND HE IS THE MOST PROMINENT OF THOSE WHO HAVE BEEN ASKED TO QUOTE DISTANCE THEMSELVES UNQUOTE FROM THE RUNNING OF THE EXCHANGE. I HAVE SEEN REPORTS OF HIS COMPLAINTS ABOUT THIS PROCEDURE, AND I SUPPOSE IT IS POSSIBLE THAT HE WILL RAISE THEM WITH ME.
3. IS THERE ANY BACKGROUND OF WHICH I SHOULD BE AWARE BEFORE HE CALLS? I SHALL NOT OF COURSE COMMENT DIRECTLY ON ACTION TAKEN BY THE ICAC OR CONSEQUENT UPON THEIR INVESTIGATION.
HOW E
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ΜΑΙΝ
17
LIMITED
HKD
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DISTRIBUTION
17
MR MCLAREN
1
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