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Chief Executive talks about London explosions

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    Following is the transcript of remarks (English portion) by the Chief Executive, Mr Donald Tsang, to the media in the Main Wing lobby, Central Government Offices this (July 8) morning:

    I am deeply shocked and saddened by what has happened in London.  We feel quite clearly that terrorism is the enemy of the civilised world and I feel very much aggrieved.  I spoke to the Consul General of the United Kingdom last night to convey our condolences and our sadness.  I promised him that the British nationals in Hong Kong would be protected as much as all the expatriate community in Hong Kong.  We are not complacent although we are, of course, a low-risk area.  We are not a high-risk area in terms of terrorist attack.  But we are monitoring events very closely.  We are upgrading our security arrangements.  

    As far as the markets are concerned, there was some turbulence in the London market following the events but I can see that it has tapered off quite quickly when market closed.  There were no excessive activities in the Wall Street market.  Although there might be some ramifications for our market today, as you know, our market has very good foundations and all the fundamentals are good.  We are able to handle events of this kind.  

    We have received calls from Hong Kong citizens about their relatives in the UK. We will be doing our very best.  We have kept contact with our embassy in London.  We also have direct contact with the hospitals taking care of the injured.  We hope that no Hong Kong citizen has been hurt as a result of this incident.  But we are on the alert and we are ready to help as much as we can.  Thank you very much.

(Please also refer to the Chinese portion of the transcript.)

Ends/Friday, July 8, 2005
Issued at HKT 10:17

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