Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/06/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : CIL Holdings                   (0479)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 TAM YEUNG KAI VICKO                    G  ORD              CIL HOLDINGS LIMITED                    1,000,000    251196-241106        0.320                0

                                        G  ORD              CIL HOLDINGS LIMITED                    2,000,000    311297-301207        0.626                0

                                        G  ORD              CIL HOLDINGS LIMITED                    7,000,000    030699-020609        0.100                0

 STOCK NAME : Dransfield Hold                (0632)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YAO YEE CHEONG HORACE                  G  OPT              DRANSFIELD HOLDINGS LIMITED             6,750,000    250898-240899        0.340               10

                                        G  OPT              DRANSFIELD HOLDINGS LIMITED            20,000,000    210600-200603        0.100               10

                                        G  OPT (US$)        DRANSFIELD CHINA PAPER CORP               210,000    311098-230401        2.800                2

 MA KWOK HUNG WARREN                    G  OPT              DRANSFIELD HOLDINGS LIMITED               300,000    100897-090899        0.410               10

                                        G  OPT              DRANSFIELD HOLDINGS LIMITED               900,000    250898-240899        0.340               10

                                        G  OPT              DRANSFIELD HOLDINGS LIMITED             5,000,000    210600-200603        0.100               10

                                        G  STOCK OPT (US$)  DRANSFIELD CHINA PAPER CORP                45,000    311098-230401        2.800                2

 FUNG HING PIU ROBERT                   G  STOCK OPT (US$)  DRANSFIELD CHINA PAPER CORP                30,000    311098-230401        2.800                2

                                        G  OPT              DRANSFIELD HOLDINGS LTD                   750,000    250898-240899        0.340               10

                                        G  OPT              DRANSFIELD HOLDINGS LTD                 2,500,000    210600-200603        0.100               10
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/06/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Great Eagle H                  (0041)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LO KAI SHUI                            G  ORD              GREAT EAGLE HOLDINGS LTD.                 160,000    050597-040500       12.303                1

                                        G  ORD              GREAT EAGLE HOLDINGS LTD.                 150,000    090598-080501       19.584                1

                                        G  ORD              GREAT EAGLE HOLDINGS LTD.                 120,000    160499-150402       21.519                1

                                        G  ORD              GREAT EAGLE HOLDINGS LTD.                 300,000    230100-220103        6.912                1

                                        G  ORD              GREAT EAGLE HOLDINGS LTD.                 120,000    130301-120304        7.020                1

 STOCK NAME : HK Construction                (0190)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHEN LI BO                             G  ORD              HONG KONG CONSTRUCTION (HOLDIN-         3,000,000    280399-280905        1.480                0
                                                            GS) LTD                       

                                        G  ORD              HONG KONG CONSTRUCTION (HOLDIN-         2,000,000    181298-180605        2.290                0
                                                            GS) LTD                       

                                        G  ORD              HONG KONG CONSTRUCTION (HOLDIN-         4,000,000                         3.480                0
                                                            GS) LTD                       

 STOCK NAME : HSBC Holdings                  (0005)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 BOND JOHN REGINALD HARTNELL            G  ORD 75P (GBP)    HSBC HOLDINGS PLC                          20,181    121096-121003        7.218                0
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/06/99  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : HSBC Holdings                  (0005)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 BOND JOHN REGINALD HARTNELL            G  ORD 75P (GBP)    HSBC HOLDINGS PLC                          20,181    080397-080304        8.513                0

                                        G  ORD 75P (GBP)    HSBC HOLDINGS PLC                          25,000    070398-070305        6.518                0

                                        G  ORD 75P (GBP)    HSBC HOLDINGS PLC                           3,183    010800-310101        5.418                0

                                        G  ORD 75P (GBP)    HSBC HOLDINGS PLC                          25,000    010499-010406       10.000                0

 STOCK NAME : Leung Kee Hold                 (0307)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHEUNG KA LUNG TOM                     G  ORD              LEUNG KEE HOLDINGS LTD.                 5,000,000    101192-091102        0.220                1

 STOCK NAME : Man Sang Int'l                 (0938)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 HUNG KWOK WING                         G  ORD              MAN SANG INTERNATIONAL LTD              4,000,000    200498-190400        0.621               10

 STOCK NAME : Styland Hold.                  (0211)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LI WANG TAI                            G  OPT              STYLAND HOLDINGS LTD.                  18,666,667    120897-110800        0.267                0
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/06/99  PAGE:   4
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

                                                                     *****  END OF REPORT  *****


NOTES:


N1   Upon completion of a placing and subscription agreement,
     the shareholdings of Multi-Investment Group Limited in
     Chinney Alliance Group Limited will be increased back to
     246,880,303.

N2   289,157,580 shares are share interests in a unit trust and
     a discretionary trust.

N3   Subscription of 65,000,000 shares in Oriental Union
     Holdings Limited ("Oriental Union") pursuant to the
     Subscription Agreement entered into between the Company and
     Oriental Union on 10 June 1999.

N4   The acquisition of 227,160,000 shares is subject to and
     conditional upon the Heads of Agreement entered into
     between Windway Enterprises Limited, Dragon Centre Limited
     and Wah Tak Fung Holdings Limited on 24 June 1999.

N5   Consideration per unit : $1.66 - $1.74

N6   Consideration per unit : $1.68 - $1.76

N7   Consideration per unit : $0.63 - $0.68

N8   These US$2,000,000 3.25% Convertible Bonds are held under
     a unit trust.

N9   Exercise of share option