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Article: HK Stock Exchange To Play Active Role in China's Development
- Article from:
- Xinhua News Agency
- Article date:
- October 7, 1997
CopyrightCopyright 1997 Xinhua English Newswire. Provided by ProQuest LLC. (Hide copyright information)
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The Stock Exchange of Hong Kong will perform a uniquely important
role in the economic development of China, Financial Secretary of
the
Hong Kong Special Administrative Region (HKSAR) Donald Tsang said
here today.
Addressing a reception to mark the stock exchange's 11th
anniversary, Tsang said that in addition to playing a pivotal role
in
the international financial market, the stock exchange has also
become the most important fund raising center for enterprises from
China's interior areas.
He quoted Chairman Edgar Cheng of the stock exchange as saying a
few days ago that with the liquidity and robust infrastructure of
the
market, Hong Kong can play a leading role as the primary market for ...