Email this article Government Homepage
FS speaks at The Link REIT Listing Ceremony (English only) (with photos)

    The following are the remarks by the Financial Secretary, Mr Henry Tang, at The Link REIT Listing Ceremony at the Stock Exchange of Hong Kong Limited this morning (November 25):

Moses, Paul, Michael, ladies and gentlemen,
     The vitality of Hong Kong is built on our innovative ideas, sophisticated financial markets and, most of all, the entrepreneurial spirit of our people.  
     Today, we are here to celebrate the successful listing of The Link REIT on the Stock Exchange of Hong Kong.  This is the first REIT listed in Hong Kong and the IPO is the biggest among its peers in the world.  I would like to congratulate all parties involved in this exercise which amply showcases Hong Kong's strengths as a leading international financial centre.  
     The listing of The Link REIT also demonstrates the Government's commitment to the principle of "market leads and government facilitates".  From today onward, The Link REIT will take over from the Housing Authority the ownership and management of 180 retail and car parking facilities, which serve nearly half of Hong Kong's population.  
     I am sure that under this new mode of operation, the Link will continue to work closely with the relevant parties and strive to generate better value for the shop tenants, the housing estate residents as well as the general public.
     Thank you very much.

Ends/Friday, November 25, 2005
Issued at HKT 11:00


Photo Photo Photo
Print this page