The Government will consider privatising three more assets after yesterday's strong stock-market debut of the Mass Transit Railway Corp, according to Financial Secretary Donald Tsang Yam-kuen. The three potential candidates are Kowloon-Canton Railway Corp, the Airport Authority and the cross harbour tunnel. The overwhelming public support yesterday for MTRC's initial public offering (IPO) sent a strong signal to the Government that investors wanted other commercial assets to be privatised, Mr Tsang said. As a result, Mr Tsang said the Government would continue to study the privatisation of its commercial assets. Investment bankers said yesterday that the Airport Authority was likely to be the next candidate, given the willingness of the management to see the entity go public and the expected surge in airport traffic. However, they said the next privatisation exercise likely would not take place before 2002, when the Government plans to sell the second tranche of MTRC shares. The Government said it aims to raise HK$30 billion by selling a minority stake of the MTRC in two tranches over two years. The Government would sell the second tranche a year after MTRC's flotation. The government raised HK$9.08 billion by selling a 20 per cent stake. It could raise up to HK$10.48 billion, after sponsors exercised the over-allotment option to sell another 3 per cent of shares in the transport company in its first privatisation exercise. In addition, it could gain more than HK$70 million interest income from the HK$55 billion deposited by investors subscribing to the 5.89 billion shares in the IPO.