The report will be published on 2 June 1988 with the Chinese version to be available in mid-June 1988. Advance copies of the Chinese version of the first chapter, will also be available for the press on 2 June 1988.
Overview,
Public Reaction
10
of
the
It will attract communities and They will also to seek early recommendations.
It is believed that the publication of the report will be welcomed by the public and the media as an indication of Government's determination to protect investors and to restore confidence in the local markets. special attention from the securities investors both in Hong Kong and overseas. welcome Government's declared intention implementation
appropriate Individual members of the securities industry adversely affected by the recommendations will, however, have reservation about some of the proposals. Briefing for the HKSE, HKFE, SC, CTC as well as the Legco Ad Нос Group to Study Legislation Governing the Regulation of the Stock Exchange and Futures Exchange will also be arranged on the day of publication.
Publicity
11
The SRC will hold a press conference announcing their findings and recommendations on 2 June 1988. This will be followed by special briefing by the SRC Chairman to both foreign and local financial writers the following day.
12
The Financial Secretary will issue a statement the late afternoon of 2 June 1988 as in Annex D.
in
(The Secretary
for Monetary
NENDICK, and the Deputy
Deputy Secretary for B.C.L. LAM, will attend for this item.)
Affairs, Mr D.A .C. Monetary Affairs,
Mr
28 May 1988
(SRC 1/1)
COUNCIL CHAMBERS
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