Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 19/05/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Hikari Tsushin                 (0603)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 AKIKO KATO                             G  OPT              HIKARI TSUSHIN INTERNATIONAL L-        20,000,000    201000-190403        0.739                1
                                                            IMITED                        

 MASAHIDE SAITO                         G  OPT              HIKARI TSUSHIN INTERNATIONAL L-        40,000,000    201000-190403        0.739                1
                                                            IMITED                        

 LAU WAH SUM                            G  OPT              HIKARI TSUSHIN INTERNATIONAL L-         4,000,000    201000-190403        0.739                1
                                                            IMITED                        

 KAN FOOK YEE                           G  OPT              HIKARI TSUSHIN INTERNATIONAL L-         4,000,000    201000-190403        0.739                1
                                                            IMITED                        

 KAZUHIKO ABE                           G  OPT              HIKARI TSUSHIN INTERNATIONAL L-        12,000,000    201000-190403        0.739                1
                                                            IMITED                        

 TAKASHI TSUJIGUCHI                     G  OPT              HIKARI TSUSHIN INTERNATIONAL L-        12,000,000    201000-190403        0.739                1
                                                            IMITED                        

 STOCK NAME : N P H Int'l                    (0182)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 ZHAO DAKE                              G  ORD              N P H INTERNATIONAL HOLDINGS L-        27,000,000    160500-150503        0.639                1
                                                            IMITED                        

 SUN HIU LU                             G  ORD              N P H INTERNATIONAL HOLDINGS L-        27,000,000    160500-150503        0.639                1
                                                            IMITED                        

 HUANG SHUYUN                           G  ORD              N P H INTERNATIONAL HOLDINGS L-         2,000,000    301097-291000        3.350                1
                                                            IMITED                        
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 19/05/00  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : N P H Int'l                    (0182)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 HUANG SHUYUN                           G  ORD              N P H INTERNATIONAL HOLDINGS L-        25,000,000    160500-150503        0.639                1
                                                            IMITED                        

 CHU KWAN                               G  ORD              N P H INTERNATIONAL HOLDINGS L-         1,000,000    301097-291000        3.350                1
                                                            IMITED                        

                                        G  ORD              N P H INTERNATIONAL HOLDINGS L-           800,000    240398-230301        1.500                1
                                                            IMITED                        

                                        G  ORD              N P H INTERNATIONAL HOLDINGS L-        25,200,000    160500-150503        0.639                1
                                                            IMITED                        

 STOCK NAME : Quality Health                 (0593)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 INNES FRANK KENNEDY                    G  OPT              QUALITY HEALTHCARE ASIA LIMITE-         1,500,000    260401-251002        0.670                1
                                                            D                             

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


NOTES:

N1     By a sale and purchase of shares agreement dated 10th May 2000 ("the
       S&P Agreement"), Upstand Assets Limited ("Upstand"), a wholly owned
       subsidiary of Sun Hung Kai & Co. Limited ("the Company"), sold its 49%
       interest in Lippo Capital Limited ("Lippo Capital") to Lippo Cayman
       Limited ("LCL").
       On the other hand, LCL entered into a share mortgage on 10th May 2000
       with Ranbridge Finance Limited ("Ranbridge"), an indirect wholly owned
       subsidiary of the Company whereby LCL charged its 49% interest in Lippo
       Capital to Ranbridge as a security for a loan granted by Ranbridge to
       LCL pursuant to a loan agreement dated 10th May 2000 between LCL and
       Ranbridge.
       Pursuant to the S&P Agreement, Upstand also acquired approximately 7.18%
       (31,450,000 shares) in Lipppo Limited.

N2     Lippo Capital Limited is wholly owned by Lippo Cayman Limited ("LCL").
       LCL entered into a share mortgage on 10th May 2000 with Ranbridge Finance
       Limited ("Ranbridge", a wholly owned subsidiary of Sun Hung Kai Securities
       (Bermuda, Limited) whereby LCL charged its 49% interest in Lippo Capital
       Limited to Ranbridge as a security for a loan granted by Ranbridge to LCL
       pursuant to a loan agreement dated 10th May 2000 between LCL and Ranbridge.

N3     Skyscraper Realty Limited is an indirect wholly owned subsidiary of
       Lippo Limited.

N4     Appointed as a director of the Company on 10/05/00.  The notifiable
       interest hereby disclosed is pre-existing interest that Mr. Xie has
       acquired on 09/02/00.

N5     Appointed as a director of the Company on 10/05/00.  The notifiable
       interest hereby disclosed is pre-existing interest that Mr. Wang has
       acquired on 09/02/00.

N6     Consideration per unit : $2.80 - $2.90

N7     Consideration per unit : $1.28 - $1.33

N8     Consideration per unit : $1.37 - $1.39

N9     Consideration per unit : $2.70 - $2.75

N10    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 17/05/00 : 482,005,387

       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 11/F., One International Finance Centre, 1 Harbour View
           Street, 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.

N11    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 17/05/00 : 482,005,387

       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.  No Form 55
           filings have been made by MFC today.
        
       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.