HC Deb 09 April 1984 vol 58 c23W
Mr. Parry

asked the Secretary of State for Foreign and Commonwealth Affairs if he will assess the effect on the economy of Hong Kong of the recent announcement by Jardine Matheson.

Mr. Luce

The chairman of Jardine Matheson and Co. Ltd. stated that the proposals to establish a new Bermudan company as the ultimate holding company for the group neither involved nor heralded any withdrawal from Hong Kong. It is not possible to assess at this stage whether the announcement will have any wider effect on the economy of Hong Kong.

Forward to