21.  It calls for high capital requirements for media enterprises, which could force many papers to close down.

22.  The country is also attracting large corporations which have set up production facilities with high capital investment to produce semiconductors and other components.

23.  Those factors included lower inflation rates than neighbouring economies, high capital adequacy ratios and the judicious lending policies of Hong Kong banks.

24.  Both Templeton and Dresdner Thornton are focussing on under-performing Asian equities which have fallen to attractively low levels and offer potential for high capital growth.