Securities (Disclosure of Interests) Daily Summaries
 

                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 27/01/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : ABC Com. (Hold.)               (0030)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 HO GEORGE JOSEPH                      ORD                    ABC COMMUNICATIONS (HOLDINGS) -  18/01/00        2,078,000       1,928,000  A         1.750
                                                              LTD.                          

 STOCK NAME : CCT Telecom                    (0138)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 MAK SHIU TONG                         ORD                    CCT TELECOM HOLDINGS LIMITED     21/01/00      119,285,287     297,285,287  D         4.600   N1

                                       2000 WAR               CCT TELECOM HOLDINGS LIMITED       /  /        $63,155,156     $63,155,156            0.000   

 CHENG YUK CHING                       ORD                    CCT TELECOM HOLDINGS LIMITED     21/01/00        3,416,875      25,416,875  D         4.600   N1

                                       2000 WAR               CCT TELECOM HOLDINGS LIMITED       /  /         $2,359,374      $2,359,374            0.000

 STOCK NAME : Chaifa Holdings                (0139)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LO MING CHI CHARLES                   ORD                    CHAIFA HOLDINGS LTD                /  /                  0               0            0.000

 STOCK NAME : Chuang's Int'l                 (0367)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 KO SHEUNG CHI                         ORD                    CHUANG'S CONSORTIUM INTERNATIO-    /  /                  0               0            0.000
                                                              NAL LTD.                      

                                       ORD                    CHUANG'S CHINA INV LTD           21/01/00        2,000,000               0            0.587   N6 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 27/01/00  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Chun Wo Hold                   (0711)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAN SING CHO                         ORD                    CHUN WO HOLDINGS LTD.            20/01/00          393,750         355,000  A         0.480   N3

 WOO KAM WAI                           ORD                    CHUN WO HOLDINGS LTD.            20/01/00          346,000         266,200  A         0.480   N3

 WONG SAI WING JAMES                   ORD                    CHUN WO HOLDINGS LTD.            20/01/00          831,875         665,500  A         0.480   N3

 AU SON YIU                            ORD                    CHUN WO HOLDINGS LTD.            20/01/00          866,000         605,000  A         0.480   N3

 CHEN PO SUM                           ORD                    CHUN WO HOLDINGS LTD.            20/01/00          825,000         660,000  A         0.480   N3

 LI WAI HANG CHRISTINA                 ORD                    CHUN WO HOLDINGS LTD.            20/01/00       10,148,875       8,119,100  A         0.480   N3

 PANG KAM CHUN                         ORD                    CHUN WO HOLDINGS LTD.            20/01/00      300,114,950     240,091,960  A         0.480   N3

 STOCK NAME : G-Prop (Hold)                  (0286)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHEUNG KWAI SUN ROGER                 ORD                    G-PROP (HOLDINGS) LTD            20/01/00                0         500,000  D         3.025

 LO SIU WAH                            ORD                    G-PROP (HOLDINGS) LTD              /  /                  0               0            0.000

 SAM ZUCHOWSKI                         ORD                    G-PROP (HOLDINGS) LTD              /  /                  0               0            0.000

 CHEUNG YEE LING ELAINE                ORD                    G-PROP (HOLDINGS) LTD              /  /                  0               0            0.000

 LEE SZE KWONG WILLIAM                 ORD                    G-PROP (HOLDINGS) LTD              /  /                  0               0            0.000

 MA KWOK LEUNG                         ORD                    G-PROP (HOLDINGS) LTD              /  /                  0               0            0.000
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 27/01/00  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : G-Prop (Hold)                  (0286)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LEE SZE KWONG WILLIAM                 ORD                    G-PROP (HOLDINGS) LTD            21/01/00        1,000,000               0  A         0.970

                                       ORD                    G-PROP (HOLDINGS) LTD            21/01/00          800,000       1,000,000  D         3.425

                                       ORD                    G-PROP (HOLDINGS) LTD            21/01/00          600,000         800,000  D         3.400

                                       ORD                    G-PROP (HOLDINGS) LTD            21/01/00          400,000         600,000  D         3.250

                                       ORD                    G-PROP (HOLDINGS) LTD            21/01/00          200,000         400,000  D         3.200

                                       ORD                    G-PROP (HOLDINGS) LTD            21/01/00                0         200,000  D         3.150

 STOCK NAME : GITIC Enter                    (0340)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LAM YAU PUI                           ORD                    GITIC ENTERPRISES LTD            24/01/00       78,674,000      79,200,000  D         0.770   N7

 STOCK NAME : GZITIC Hualing                 (0382)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 NG CHEONG LAM                         ORD                    GZITIC HUALING HOLDINGS LIMITE-  21/01/00        2,008,000       2,014,000  D         0.260
                                                              D                             
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 27/01/00  PAGE:   4
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : HSBC Holdings                  (0005)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 JEBSON ALAN WAYNE                     ORD US$0.50            HSBC HOLDINGS PLC                01/01/00           45,215            N.A.            0.000   N8

                                       11.69% SUBORDINATED -  HSBC HOLDINGS PLC                01/01/00          100,000            N.A.            0.000
                                       BONDS 2002                                           

 STOCK NAME : Hsin Chong Construction        (0404)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 YU LING SUN                           ORD                    HSIN CHONG CONSTRUCTION GROUP -    /  /                  0               0            0.000   N14
                                                              LTD                           

                                       ORD                    LINDERS VIEW LTD                   /  /               N.A.              45            0.000

                                       ORD                    HSIN CHONG (FOUNDATIONS) LTD       /  /               N.A.           4,500            0.000

                                       NON-VOTING DEFERRED -  HSIN CHONG (FOUNDATIONS) LTD       /  /               N.A.          45,000            0.000   
                                       SH                                                   

                                       ORD                    HSIN CHONG (FOUNDATIONS) ASIA -    /  /               N.A.          90,000            0.000
                                                              LTD                           

 STOCK NAME : K. Wah Cons                    (0027)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LUI WAI YU PADDY                      ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      729,310,245     721,681,800  A         0.000   N4
                                                              LTD                           
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : K. Wah Cons                    (0027)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LUI WAI YU PADDY                      ORD                    K. WAH INT'L HOLDINGS LTD          /  /        661,502,522     661,502,522            0.000

                                       2001 WAR               K. WAH INT'T HOLDINGS LTD          /  /            505,264         505,264            0.000

 LUI CHE WOO                           ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      788,950,335     779,541,035  A         0.000   N4
                                                              LTD                           

                                       ORD                    K. WAH INT'L HOLDINGS LTD          /  /        990,621,531     990,621,531            0.000

                                       2001 WAR               K. WAH INT'L HOLDINGS LTD          /  /         16,206,548      16,206,548            0.000

 LUI YIU TUNG FRANCIS                  ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      727,450,833     719,822,388  A         0.000   N4
                                                              LTD                           

                                       ORD                    K. WAH INT'L HOLDINGS LTD          /  /        657,243,160     657,243,160            0.000

                                       2001 WAR               K. WAH INT'L HOLDINGS LTD          /  /                677             677            0.000

 CHEUNG WAI BUN CHARLES                ORD                    K. WAH CONSTRUCTION MATERIALS -    /  /              1,810           1,810            0.000
                                                              LTD                           

                                       ORD                    K. WAH INT'L HOLDINGS LTD          /  /              7,239           7,239            0.000

                                       2001 WAR               K. WAH INT'L HOLDINGS LTD          /  /                490             452            0.000   N9

 YIP HING CHUNG                        ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00          137,308         133,333  A         0.000   N4
                                                              LTD                           

                                       2001 WAR               K. WAH INT'L HOLDINGS LTD          /  /             36,182          33,333            0.000   N9
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : K. Wah Int'l                   (0173)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHEUNG WAI BUN CHARLES                ORD                    K. WAH INTERNATIONAL HOLDINGS -    /  /              7,239           7,239            0.000
                                                              LTD.                          

                                       2001 WAR               K. WAH INTERNATIONAL HOLDINGS -    /  /                490             452            0.000   N9
                                                              LTD.                          

                                       ORD                    K. WAH CONSTRUCTION MATERIALS -    /  /              1,810           1,810            0.000
                                                              LTD                           

 LUI YIU TUNG FRANCIS                  ORD                    K. WAH INTERNATIONAL HOLDINGS -    /  /        657,243,160     657,243,160            0.000
                                                              LTD.                          

                                       2001 WAR               K. WAH INTERNATIONAL HOLDINGS -    /  /                677             677            0.000
                                                              LTD.                          

                                       ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      727,450,833     719,822,388  A         0.000   N4
                                                              LTD                           

 LUI WAI YU PADDY                      ORD                    K. WAH INTERNATIONAL HOLDINGS -    /  /        661,502,522     661,502,522            0.000
                                                              LTD.                          

                                       2001 WAR               K. WAH INTERNATIONAL HOLDINGS -    /  /            505,264         505,264            0.000
                                                              LTD.                          

                                       ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      729,310,245     721,681,800  A         0.000   N4
                                                              LTD                           

 LUI CHE WOO                           ORD                    K. WAH INTERNATIONAL HOLDINGS -    /  /        990,621,531     990,621,531            0.000
                                                              LTD.                          
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : K. Wah Int'l                   (0173)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LUI CHE WOO                           2001 WAR               K. WAH INTERNATIONAL HOLDINGS -    /  /         16,206,548      16,206,548            0.000
                                                              LTD.                          

                                       ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00      788,950,335     779,541,035  A         0.000   N4
                                                              LTD                           

 LAU KI CHIT                           ORD                    K. WAH INTERNATIONAL HOLDINGS -    /  /             16,500          16,500            0.000
                                                              LTD.                          

                                       2001 WAR               K. WAH INTERNATIONAL HOLDINGS -    /  /                745             745            0.000
                                                              LTD.                          

                                       ORD                    K. WAH CONSTRUCTION MATERIALS -  18/01/00            2,832           2,750  A         0.000   N4
                                                              LTD                           

 STOCK NAME : MAE Holdings                   (0851)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 HO WING YUK                           ORD                    MAE HOLDINGS LIMITED             25/01/00                0       8,390,000  D         0.210

                                       ORD                    MAE HOLDINGS LIMITED             25/01/00        9,340,000               0  A         0.107

 STOCK NAME : Man Yue Int'l                  (0894)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 HUI SING CHEUNG DAVE                  ORD                    MAN YUE INTERNATIONAL HOLDINGS-    /  /                  0               0            0.000
                                                               LTD                          
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Manulife                       (0945)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
   N16                                                                                                                                           

 STOCK NAME : Q-Tech Holdings                (0109)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAN TAK HUNG                         ORD                    Q-TECH HOLDINGS LTD              25/01/00      105,326,968      86,418,968  A         0.425

 STOCK NAME : Qualipak Int'l                 (1224)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHUNG KONG FEI STEPHEN                ORD                    QUALIPAK INTERNATIONAL HOLDING-  19/01/00           50,000       4,000,000  D         0.830
                                                              S LIMITED                     

                                       ORD                    QUALIPAK INTERNATIONAL HOLDING-  19/01/00                0          50,000  D         0.850
                                                              S LIMITED                     

 STOCK NAME : Shangri-la Asia                (0069)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 ANGELINI GIOVANNI                     ORD                    SHANGRI-LA ASIA LTD.             20/01/00          100,000          60,000  A         8.050

 STOCK NAME : Singapore Hong Kong Properties (0245)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHEUNG CHUNG LEUNG                    ORD                    SINGAPORE HONG KONG PROPERTIES-  21/01/00       28,000,000      29,000,000  D         0.058
                                                               INVESTMENT LTD.              
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Singapore Hong Kong Properties (0245)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHEUNG CHUNG LEUNG                    ORD                    SINGAPORE HONG KONG PROPERTIES-  21/01/00       26,000,000      28,000,000  D         0.059
                                                               INVESTMENT LTD.              

                                       ORD                    SINGAPORE HONG KONG PROPERTIES-  21/01/00       24,000,000      26,000,000  D         0.060
                                                               INVESTMENT LTD.              

 STOCK NAME : Tai Cheung Hold                (0088)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAN PUN DAVID                        ORD                    TAI CHEUNG HOLDINGS LTD.         21/01/00      144,721,045     144,552,045  A         1.690   N10

 STOCK NAME : Van Shung Chong                (1001)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 HO SAI HOU                            ORD                    VAN SHUNG CHONG HOLDINGS LTD     21/01/00          804,400         304,400  A         0.000   N6  N11

 STOCK NAME : Wo Kee Hong                    (0720)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LEE MAN FAI                           ORD                    WO KEE HONG (HOLDINGS) LTD       24/01/00       20,020,000      19,816,000  A         0.405

                                       ORD                    MEGA WAREHOUSE (B.V.I.) LTD        /  /                 45              45            0.000

                                       ORD                    MEGA WAREHOUSE (HONG KONG) LTD     /  /                  2               2            0.000

                                       ORD                    MEGA WAREHOUSE I & E LTD           /  /                  1               1            0.000

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


NOTES:



N1     Completion of placing

N2     Pursuant to the Subscription Agreement made between the Company and
       Chamberlin Investments Limited ("Chamberlin"), 110,000,000 new shares
       of the Company were allotted and issued to Chamberlin.  Therefore, the
       issued share capital of the Company had been increase to 2,190,909,642.

N3     Rights issue

N4     Scrip dividend

N5     Placing of shares

N6     Exercise of share option

N7     Consideration per unit : $0.75 - $0.79

N8     Declaration of interests subsisting at 1 January 2000, being the date of
       my appointment as a director, in the securities of the listed company and
       associated corporations.

N9     This is to re-state the number of units of 2001 Warrants after the adjustment
       of the subscription price from HK$0.72 to HK$0.6633.  There is no transaction
       involved.
      
N10    Acquisition were made from 21/01/00 to 24/01/00 at prices ranging from
       $1.66 to $1.74 per share.

N11    Total consideration:  HK$567,200
     
N12    Mr Lo Ming Chi, Charles has surrendered the share option granted to him on
       28 December 1999 to subscribe for 1,500,000 ordinary shares in Chaifa
       Holdings Limited.

N13    It was announced on 8th January, 2000 that a subscription agreement was
       entered with Catic Limited on 4th January, 2000 whereby the listed company
       has conditionally agreed to issue and Catic Limited has agreed to subscribe
       for 178,468,000 new shares in the share capital of the listed company
       ("Subscription") at a price of HK$0.85 per Subscription Share (the
       "Subscription Price").  Upon completion of the Subscription on
       20th January, 2000, 178,468,000 new shares of the listed company were
       allotted and issued for cash at the Subscription Price to Catic Limited.

N14    Yu Ling-Sun has ceased to have notifiable interest in associated
       corporation by virtue of "Corporate Interest".  The above shares are
       held by a corporation in which Yu Ling-Sun has held less than one-third
       voting right of control the Board.
  
N15    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 26/01/00 : 493,988,687

       The Securities and Futures Commission has granted Manulife Financial
       Corporation ("MFC") a partial exemption from compliance with the
       Securities (Disclosure of Interests) Ordinance pursuant to guidelines
       published under section 2A of the Ordinance.  Under the partial
       exemption, MFC is not required to prepare registers, maintain records
       or file, and MFC's corporate insiders are not required to file, with
       Hong Kong regulatory authorities disclosure of interest reports
       pursuant to the Ordinance on the condition that MFC will file with
       the SEHK disclosures of interests made in Canada and the U.S. where
       it maintains primary listings.

       1.  Under Canadian law, 10% shareholders of MFC have to file reports to
           the Ontario Securities Commission ("OSC").  Reports made by 10%
           shareholders, if any, can be found in OSC website www.sedar.com.
           MFC has agreed to monitor the OSC Weekly Bulletin and Insider Early
           Warning Report Press Releases every two weeks and if any reports by
           or concerning 10% shareholders and filed, MFC will provide a hard
           copy to the SEHK for inspection by the Hong Kong public.  So far,
           the SEHK has not received any such reports from MFC.
  
       2.  Under U.S. law, 5% shareholders of MFC have to file reports to the
           U.S. Securities and Exchange Commission ("SEC") pursuant to Schedule
           13G/13D of the Securities and Exchange Act 1934 of the United States.    
           Up-to-date reports made by 5% shareholders, if any, can be found in
           SEC website at www.sec.gov.  MFC has agreed to monitor the SEC
           website every two weeks and if any reports on 5% shareholders are
           filed, MFC will provide a hard copy to the SEHK for inspection by
           the Hong Kong public.  So far, the SEHK has not received any such
           reports from MFC.

       3.  Hard copies of filings or reports provided by MFC under paragraphs 1
           and 2 above (if any) are available for inspection at the SEHK's
           office at UG/F, V-Heun Building, 128-140 Queen's Road Central,
           Hong Kong, and upon request in writing to MFC at MFC's office at
           Manulife Plaza, The Lee Gardens, 48th Floor, 33 Hysan Avenue,
           Causeway Bay, Hong Kong.  For enquiries or arrangements regarding
           inspection at the SEHK please contact the SEHK SDI Unit (Miss Chin
           (2840-3707) or Miss Tsui (2840-3769)).

       * ISC refers to the latest Issued Share Capital of the listed company
         recorded by the Exchange as at the date of this summaries.  It might
         not promptly reflect changes caused by share placements, rights issue,
         bonus issue, etc.  Readers should exercise caution when using these
         figures.

N16    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 26/01/00 : 493,988,687

       The Securities and Futures Commission has granted Manulife Financial
       Corporation ("MFC") a partial exemption from compliance with the
       Securities (Disclosure of Interests) Ordinance pursuant to guidelines
       published under section 2A of the Ordinance.  Under the partial
       exemption, MFC is not required to prepare registers, maintain records
       or file, and MFC's corporate insiders are not required to file, with
       Hong Kong regulatory authorities disclosure of interest reports
       pursuant to the Ordinance on the condition that MFC will file with
       the SEHK disclosures of interests made in Canada and the U.S. where
       it maintains primary listings.

       1.  Under Canadian law, "insiders" including directors of MFC have
           to file reports to the Ontario Securities Commission ("OSC")
           in Form 55 pursuant to the Ontario Securities Act.  MFC has agreed
           to provide Forms 55 filed by MFC in Canada to the SEHK at the same
           time as they are filed in Canada.  Pursuant to this, MFC has today
           filed with the SEHK 4 copies of Form 55 which can be found in the
           hard copy of the Daily Summaries of Directors' and Chief Executives'
           Notifications Report.
        
       2.  MFC is presently a "foreign private issuer" under U.S. law.  As
           such, no directors of MFC are required to make any disclosure of
           interests filings under the Securities Exchange Act 1934 of the
           United States.

       *  ISC refers to the latest Issued Share Capital of the listed company
          recorded by the Exchange as at the date of this summaries.  It might
          not promptly reflect changes caused by share placements, rights issue,
          bonus issue, etc.  Readers should exercise caution when using these
          figures.