Panel on Financial Affairs

Special meeting on
Tuesday, 30 December 2008, at 9:00 am
in the Chamber of the Legislative Council Building

Revised agenda
(as at 31 December 2008)

#I.Issues relating to the Government's "buy-back" proposal for Lehman Brothers-related minibonds
(9:00 am - 10:30 am)

LC Paper No. CB(1)489/08-09(01)
(issued on 29 December 2008)

-List of follow-up actions for the special meeting on 18 December 2008 prepared by the Legislative Council Secretariat

LC Paper No. CB(1)489/08-09(02)
(issued on 29 December 2008)

-Letter dated 24 December 2008 from the Hong Kong and Shanghai Banking Corporation Limited (English version only)

LC Paper No. CB(1)489/08-09(03)
(issued on 29 December 2008)

-Submission dated 29 December 2008 from the Hong Kong Association of Banks' Task Force on Lehman Incident (English version only)

Papers issued for the special meeting on 18 December 2008

LC Paper No. CB(1)412/08-09(01)
(English version issued on 15 December 2008, Chinese version issued on 16 December 2008)

-Administration's paper on issues relating to the Government's "buy-back" proposal for Lehman Brothers-related minibonds

LC Paper No. CB(1)422/08-09(01)
(issued on 16 December 2008)

-Letter dated 15 December 2008 from the Hong Kong and Shanghai Banking Corporation Limited (attaching a copy of the letter dated 25 November 2008 from the legal counsel of Lehman in the United States) (English version only)

LC Paper No. CB(1)436/08-09(01)
(issued on 17 December 2008)

-Submission from distributor banks on Government's "buy-back" proposal for Lehman Brothers-related minibonds (English version only)

LC Paper No. CB(1)457/08-09(01)
(issued on 18 December 2008)

-Speaking note of Prof K C CHAN, SBS, JP, Secretary for Financial Services and the Treasury (Chinese version only)

LC Paper No. CB(1)457/08-09(02)
(issued on 18 December 2008)

-Press release issued by distributor banks on 17 December 2008 regarding latest developments on the buy back proposal for Lehman Brothers related mini-bonds

(A list of other relevant papers previously issued by the Subcommittee to Study Issues Arising from Lehman Brothers-related Minibonds and Structured Financial Products is available on the Legislative Council website at http://www.legco.gov.hk/yr08-09/english/hc/sub_com/hs01/papers/hs01_b2.htm)

II.Issues relating to the Hong Kong Exchanges and Clearing Limited's consultation papers on proposed changes to the Listing Rules and periodic financial reporting
(10:30 am - 11:55 am)

LC Paper No. CB(1)460/08-09(01)
(issued on 17 December 2008)

-Letter dated 17 December 2008 from Hon Abraham SHEK, Hon Vincent FANG Kang, Hon Jeffrey LAM Kin-fung and Hon CHIM Pui-chung (Chinese version only)

LC Paper No. CB(1)484/08-09(01)
(issued on 24 December 2008)

-Hon CHIM Pui-chung's letter dated 23 December 2008 on the Hong Kong Exchanges and Clearing Limited's proposed extension of blackout period (Chinese version only)

LC Paper No. CB(1)493/08-09(01)
(issued on 29 December 2008)

-Hong Kong Exchanges and Clearing Limited's paper on amendments to Listing Rules arising from the Combined Consultation Paper and proposals to mandate quarterly reporting

Submissions from deputations / individual not attending the meeting

  1. Asia Orient Holdings Limited
    (LC Paper No. CB(1)484/08-09(02) - issued on 24 December 2008 - English version only)

  2. Asia Standard Hotel Group Limited
    (LC Paper No. CB(1)484/08-09(03) - issued on 24 December 2008 - English version only)

  3. Asia Standard International Group Limited
    (LC Paper No. CB(1)484/08-09(04) - issued on 24 December 2008 - English version only)

  4. Big Media Group Limited
    (LC Paper No. CB(1)484/08-09(05) - issued on 24 December 2008 - English version only)

  5. B M Intelligence International Limited
    (LC Paper No. CB(1)484/08-09(06) - issued on 24 December 2008 - English version only)

  6. Brilliant Arts Multi-media Holding Limited
    (LC Paper No. CB(1)489/08-09(04) - issued on 29 December 2008 - English version only)

  7. Capital Estate Limited
    (LC Paper No. CB(1)484/08-09(07) - issued on 24 December 2008 - English version only)

  8. Capital Strategic Investment Limited
    (LC Paper No. CB(1)484/08-09(08) - issued on 24 December 2008 - English version only)

  9. C C Land Holdings Limited
    (LC Paper No. CB(1)484/08-09(09) - issued on 24 December 2008 - English version only)

  10. The Chamber of Hong Kong Listed Companies
    (LC Paper No. CB(1)484/08-09(10) - issued on 24 December 2008 - English version only)

  11. Cheuk Nang (Holdings) Ltd.
    (LC Paper No. CB(1)484/08-09(11) - issued on 24 December 2008 - English version only)

  12. Cheung Kong (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(12) - issued on 24 December 2008 - English version only)

  13. Cheung Kong Infrastructure Holdings Limited
    (LC Paper No. CB(1)484/08-09(13) - issued on 24 December 2008 - English version only)

  14. Chi Cheung Investment Co., Ltd.
    (LC Paper No. CB(1)484/08-09(14) - issued on 24 December 2008 - English version only)

  15. China Chief Cable TV Group Limited
    (LC Paper No. CB(1)484/08-09(15) - issued on 24 December 2008 - English version only)

  16. China Fortune Group Limited
    (LC Paper No. CB(1)489/08-09(05) - issued on 29 December 2008 - English version only)

  17. China Grand Forestry Green Resources Group Limited
    (LC Paper No. CB(1)484/08-09(16) - issued on 24 December 2008 - English version only)

  18. China Metal Resources Holding's Limited
    (LC Paper No. CB(1)484/08-09(17) - issued on 24 December 2008 - English version only)

  19. China Power New Energy Development Company Limited
    (LC Paper No. CB(1)484/08-09(18) - issued on 24 December 2008 - English version only)

  20. China Railway Logistics Limited
    (LC Paper No. CB(1)484/08-09(19) - issued on 24 December 2008 - English version only)

  21. China Sci-Tech Holdings Limited
    (LC Paper No. CB(1)484/08-09(20) - issued on 24 December 2008 - English version only)

  22. China Star Entertainment Limited
    (LC Paper No. CB(1)489/08-09(06) - issued on 29 December 2008 - English version only)

  23. China Star Investment Holdings Limited
    (LC Paper No. CB(1)489/08-09(07) - issued on 29 December 2008 - English version only)

  24. China Strategic Holdings Limited
    (LC Paper No. CB(1)484/08-09(21) - issued on 24 December 2008 - English version only)

  25. China Yunnan Tin Minerals Group Co. Ltd.
    (LC Paper No. CB(1)484/08-09(22) - issued on 24 December 2008 - English version only)

  26. China Wind Power Group Limited
    (LC Paper No. CB(1)484/08-09(23) - issued on 24 December 2008 - English version only)

  27. Chinese Estates Holdings Limited
    (LC Paper No. CB(1)484/08-09(24) - issued on 24 December 2008 - English version only)

  28. The Chinese General Chamber of Commerce
    (LC Paper No. CB(1)489/08-09(08) - issued on 29 December 2008 - English version only)

  29. Chuang's China Investments Ltd.
    (LC Paper No. CB(1)484/08-09(25) - issued on 24 December 2008 - English version only)

  30. Chuang's Consortium International Ltd.
    (LC Paper No. CB(1)484/08-09(26) - issued on 24 December 2008 - English version only)

  31. CK Life Sciences Int'l., (Holdings) Inc.
    (LC Paper No. CB(1)484/08-09(27) - issued on 24 December 2008 - English version only)

  32. Computer and Technologies Holdings Limited
    (LC Paper No. CB(1)484/08-09(28) - issued on 24 December 2008 - English version only)

  33. The Cross-harbour (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(29) - issued on 24 December 2008 - English version only)

  34. Mr David M Webb
    (LC Paper No. CB(1)489/08-09(09) - issued on 29 December 2008 - English version only)

  35. DVN (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(30) - issued on 24 December 2008 - English version only)

  36. Emperor International Holdings Ltd.
    (LC Paper No. CB(1)484/08-09(31) - issued on 24 December 2008 - English version only)

  37. EPI (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(32) - issued on 24 December 2008 - English version only)

  38. eSun Holdings Limited
    (LC Paper No. CB(1)484/08-09(33) - issued on 24 December 2008 - English version only)

  39. GFT Holdings Limited
    (LC Paper No. CB(1)484/08-09(34) - issued on 24 December 2008 - English version only)

  40. G-Prop (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(35) - issued on 24 December 2008 - English version only)

  41. Golden Harvest Entertainment (Holdings) Limited
    (LC Paper No. CB(1)489/08-09(10) - issued on 29 December 2008 - English version only)

  42. Golden Resorts Group Limited
    (LC Paper No. CB(1)484/08-09(36) - issued on 24 December 2008 - English version only)

  43. Great Eagle Holdings Limited
    (LC Paper No. CB(1)484/08-09(37) - issued on 24 December 2008 - English version only)

  44. GR Vietnam Holdings Limited
    (LC Paper No. CB(1)484/08-09(38) - issued on 24 December 2008 - English version only)

  45. Hanny Holdings Limited
    (LC Paper No. CB(1)484/08-09(39) - issued on 24 December 2008 - English version only)

  46. Hongkong Electric Holdings Ltd.
    (LC Paper No. CB(1)484/08-09(40) - issued on 24 December 2008 - English version only)

  47. The Hong Kong Institute of Chartered Secretaries
    (LC Paper No. CB(1)484/08-09(41) - issued on 24 December 2008 - English version only)

  48. Hua Yi Copper Holdings Ltd
    (LC Paper No. CB(1)489/08-09(11) - issued on 29 December 2008 - English version only)

  49. Hutchison Harbour Ring Limited
    (LC Paper No. CB(1)484/08-09(42) - issued on 24 December 2008 - English version only)

  50. Hutchison Telecommunications International Limited
    (LC Paper No. CB(1)484/08-09(43) - issued on 24 December 2008 - English version only)

  51. Hutchison Whampoa Limited
    (LC Paper No. CB(1)484/08-09(44) - issued on 24 December 2008 - English version only)

  52. ITC Corporation Limited
    (LC Paper No. CB(1)484/08-09(45) - issued on 24 December 2008 - English version only)

  53. ITC Properties Group Limited
    (LC Paper No. CB(1)484/08-09(46) - issued on 24 December 2008 - English version only)

  54. Kee Shing (Holdings) Ltd.
    (LC Paper No. CB(1)484/08-09(47) - issued on 24 December 2008 - English version only)

  55. Lai Fung Holdings
    (LC Paper No. CB(1)484/08-09(48) - issued on 24 December 2008 - English version only)

  56. Lai Sun Development
    (LC Paper No. CB(1)484/08-09(49) - issued on 24 December 2008 - English version only)

  57. Lai Sun Garment
    (LC Paper No. CB(1)484/08-09(50) - issued on 24 December 2008 - English version only)

  58. Lifestyle International Holdings Limited
    (LC Paper No. CB(1)484/08-09(51) - issued on 24 December 2008 - English version only)

  59. Linefan Technology Holdings Limited
    (LC Paper No. CB(1)484/08-09(52) - issued on 24 December 2008 - English version only)

  60. MAE Holdings Limited
    (LC Paper No. CB(1)484/08-09(53) - issued on 24 December 2008 - English version only)

  61. Mei Ah Entertainment Group Ltd.
    (LC Paper No. CB(1)484/08-09(54) - issued on 24 December 2008 - English version only)

  62. Midas International Holdings Limited
    (LC Paper No. CB(1)484/08-09(55) - issued on 24 December 2008 - English version only)

  63. Nan Fung Development Limited
    (LC Paper No. CB(1)489/08-09(12) - issued on 29 December 2008 - English version only)

  64. Nan Luen International Limited
    (LC Paper No. CB(1)489/08-09(13) - issued on 29 December 2008 - English version only)

  65. Paul Y. Engineering Group Limited
    (LC Paper No. CB(1)484/08-09(56) - issued on 24 December 2008 - English version only)

  66. PME Group Limited
    (LC Paper No. CB(1)484/08-09(57) - issued on 24 December 2008 - English version only)

  67. PYI Corporation Limited
    (LC Paper No. CB(1)484/08-09(58) - issued on 24 December 2008 - English version only)

  68. QPL International Holdings Limited
    (LC Paper No. CB(1)484/08-09(59) - issued on 24 December 2008 - English version only)

  69. The Real Estate Developers Association of Hong Kong
    (LC Paper No. CB(1)489/08-09(14) - issued on 29 December 2008 - English version only)

  70. Rising Development Holdings Limited
    (LC Paper No. CB(1)484/08-09(60) - issued on 24 December 2008 - English version only)

  71. SEA Holdings Limited
    (LC Paper No. CB(1)489/08-09(15) - issued on 29 December 2008 - English version only)

  72. See Corporation Limited
    (LC Paper No. CB(1)484/08-09(61) - issued on 24 December 2008 - English version only)

  73. Sino Prosper Holdings Limited
    (LC Paper No. CB(1)489/08-09(16) - issued on 29 December 2008 - English version only)

  74. Solartech International Holdings Limited
    (LC Paper No. CB(1)489/08-09(17) - issued on 29 December 2008 - English version only)

  75. Starlight International Holdings Ltd.
    (LC Paper No. CB(1)484/08-09(62) - issued on 24 December 2008 - English version only)

  76. Sun Innovational Holdings Limited
    (LC Paper No. CB(1)484/08-09(63) - issued on 24 December 2008 - English version only)

  77. Sunny Global Holdings Limited
    (LC Paper No. CB(1)489/08-09(18) - issued on 29 December 2008 - English version only)

  78. Swire pacific Limited
    (LC Paper No. CB(1)484/08-09(64) - issued on 24 December 2008 - English version only)

  79. Tiger Tech Holdings Limited
    (LC Paper No. CB(1)484/08-09(65) - issued on 24 December 2008 - English version only)

  80. Tom Group Limited
    (LC Paper No. CB(1)484/08-09(66) - issued on 24 December 2008 - English version only)

  81. Town Health International Holdings Co. Ltd.
    (LC Paper No. CB(1)493/08-09(02) - issued on 24 December 2008 - English version only)

  82. Trasy Gold Ex Limited
    (LC Paper No. CB(1)484/08-09(67) - issued on 24 December 2008 - English version only)

  83. Vision Tech International Holdings Limited
    (LC Paper No. CB(1)484/08-09(68) - issued on 24 December 2008 - English version only)

  84. Wing On Travel (Holdings) Limited
    (LC Paper No. CB(1)484/08-09(69) - issued on 24 December 2008 - English version only)

  85. Wonderful World Holdings Limited
    (LC Paper No. CB(1)484/08-09(70) - issued on 24 December 2008 - English version only)

  86. Y. T. Realty Group Limited
    (LC Paper No. CB(1)484/08-09(71) - issued on 24 December 2008 - English version only)

  87. Yugang International Limited
    (LC Paper No. CB(1)484/08-09(72) - issued on 24 December 2008 - English version only)
III.Any other business
(11:55 am - 12:00 noon)

# Members of the Subcommittee to Study Issues Arising from Lehman Brothers-related Minibonds and Structured Financial Products are invited to join the discussion on agenda item I.

Council Business Division 1
Legislative Council Secretariat
31 December 2008