• Sat
  • Aug 23, 2014
  • Updated: 9:54am

Paul Marriage

The risk behind mainland firms

THE vision of Hongkong as the Manhattan of China came a step closer yesterday with the signing of the Memorandum of Regulatory Co-operation (MORC).

Sunday, 20 June, 1993, 12:00am

The risk behind mainland firms

THE vision of Hongkong as the Manhattan of China came a step closer yesterday with the signing of the Memorandum of Regulatory Co-operation (MORC).

Hongkong stock exchange officials are justifiably proud at being able to strike agreement with their mainland counterparts.

20 Jun 1993 - 12:00am

Statistical Profile

Area: 10,654 square kilometres. Population: 6.73 million; 1.3 million in urban area. Foreign investment in 1992: US$2.5 billion Total foreign investment to date: US$4 billion (50 per cent from Hongkong, 10 per cent from South Korea). Gross industrial output: 49 billion yuan in 1992; 41 billion yuan in 1991.

30 May 1993 - 12:00am

Hong kong economy under control?

HAS Financial Secretary Mr Hamish Macleod got inflation on the run? In a radio interview yesterday he had the cheery ring of a man who had been proved right. Earlier forecasts that the benchmark inflation rate would be 9.5 per cent for the year were roundly pooh-poohed by commentators.

23 May 1993 - 12:00am