TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 10

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FM BTC HONG KONG

TO DESKBY 181030Z FCO

TELNO 124

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011315

MDHIAN 7216

SI

RECE

OPY

25 APR 1990

2

DES

OF 18095OZ APRIL 90

INDEX

INFO IMMEDIATE HONG KONG

50

YOUR TELNO 56: VALUE OF UK ECONOMIC STAKE IN HONG KONG

1. A AGREE GENERALLY WITH THE PROPOSED PQ ANSWER BUT SUGGEST YOU REFER TO ''TOTAL ESTIMATED ANNUAL INVISIBLE EARNINGS''. IT WOULD ALSO BE PREFERABLE TO REFER TO ''ABOUT 1000 COMPANIES IN HONG KONG ETC'' THIS ALLOWS US A MARGIN OF ERROR EITHER WAY AND COVERS HONG KONG COMPANIES AND UK AND OTHER COMPANIES ESTABLISHED HERE.

HEAP

YYYY

MAIN

17

LIMITED

HKD

PS/MR MAUDE

ADDITIONAL

3

OT2, DTI, VIC ST

MR BROADBENT, ECONOMIC ADVS HONG KONG GOVERNMENT OFFICE, (LONDON)

NNNN

DISTRIBUTION

20

MR GILLMORE

MR MCLAREN

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