TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 30

3

7.

The SFC Bill should be seen as a first, but most

in a important, step securities and futures recommended by the SRC. take upwards of two years.

comprehensive legislation in

overhaul

of

the

Hong Kong,

as

The whole process is likely to

10 January 1989

c.c.

C T Wood Esq, HKD, F C O CO Pigott Esq, BE Peking D G Martin, UKREP JLG,

HK

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