Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : China Strategic                (0235)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LIEN KAIT LONG                         G  ORD              CHINA STRATEGIC HOLDINGS LIMIT-         2,000,000                         0.300                1
                                                            ED                            

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD            500,000    040699-030600        1.290                1

 STOCK NAME : Chinney Alli                   (0385)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SCHOLZ PETER ALBERT HENDRIK            G  OPT              CHINNEY ALLIANCE GROUP LIMITED            800,000    030694-020604        0.780                1

                                        G  OPT              CHINNEY ALLIANCE GROUP LIMITED            400,000    030694-020604        0.780                0

                                        G  OPT              CHINNEY ALLIANCE GROUP LIMITED            800,000    290196-280106        0.780                1

                                        G  OPT              CHINNEY ALLIANCE GROUP LIMITED            400,000    290196-280106        0.780                0

 STOCK NAME : Concord Land                   (1121)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 KWAN KAI CHEONG                        G  ORD              PACIFIC CONCORD HOLDING LTD                10,000    070798-060701        3.660                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD             1,000,000    191099-181002        1.200                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD                16,000    010600-310503        0.820                1

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    191099-181002        2.000                1
                                                            D                             
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Concord Land                   (1121)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 KWAN KAI CHEONG                        G  ORD              CONCORD LAND DEVLEOPMENT CO LT-         1,000,000    010600-310503        1.540                1
                                                            D                             

 WONG SAI WA                            G  ORD              PACIFIC CONCORD HOLDING LTD                96,000    160698-150601        3.660                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD             1,000,000    191099-181002        1.200                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD               500,000    050600-040603        0.820                1

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    191099-181002        2.000                1
                                                            D                             

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    050600-040603        1.540                1
                                                            D                             

 STOCK NAME : Frankie Dominion               (0704)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LAM PO KWAI FRANKIE                    G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101095-300401        0.500                4
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101096-300401        0.500                4
                                                             LTD.                         
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : HKCB Bank                      (0655)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LEE WING HUNG RAYMOND                  G  OPT              HKCB BANK HOLDING CO. LTD., TH-         4,700,000    290302-280509        1.650                1
                                                            E                             

 STOCK NAME : High Fashion                   (0608)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SO SIU HANG PATRICIA                   G  ORD              HIGH FASHION INTERNATIONAL LTD-           480,000    050502-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-           360,000    050503-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-           360,000    050504-040509        0.505                1
                                                            .                             

 IP WENG KUN                            G  ORD              HIGH FASHION INTERNATIONAL LTD-           600,000    050502-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-           450,000    050503-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-           450,000    050504-040509        0.505                1
                                                            .                             

 WONG SHING LOONG RAYMOND               G  ORD              HIGH FASHION INTERNATIONAL LTD-           400,000    050502-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-           300,000    050503-040509        0.505                1
                                                            .                             
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   4
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : High Fashion                   (0608)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 WONG SHING LOONG RAYMOND               G  ORD              HIGH FASHION INTERNATIONAL LTD-           300,000    050504-040509        0.505                1
                                                            .                             

 LAM FOO WAH                            G  ORD              HIGH FASHION INTERNATIONAL LTD-         1,520,000    050502-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-         1,140,000    050503-040509        0.505                1
                                                            .                             

                                        G  ORD              HIGH FASHION INTERNATIONAL LTD-         1,140,000    050504-040509        0.505                1
                                                            .                             

 STOCK NAME : Pacific Concord                (0438)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 KWAN KAI CHEONG                        G  ORD              PACIFIC CONCORD HOLDING LTD.               10,000    070798-060701        3.660                1

                                        G  ORD              PACIFIC CONCORD HOLDINGS LTD.           1,000,000    191099-181002        1.200                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD.               16,000    010600-310503        0.820                1

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    191099-181002        2.000                1
                                                            D                             

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    010600-310503        1.540                1
                                                            D                             

 WONG SAI WA                            G  ORD              PACIFIC CONCORD HOLDING LTD.               96,000    160698-150601        3.660                1
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   5
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Pacific Concord                (0438)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 WONG SAI WA                            G  ORD              PACIFIC CONCORD HOLDING LTD.            1,000,000    191099-181002        1.200                1

                                        G  ORD              PACIFIC CONCORD HOLDING LTD.               50,000    050600-040603        0.820                1

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-         1,000,000    191099-181002        2.000                1
                                                            D                             

                                        G  ORD              CONCORD LAND DEVELOPMENT CO LT-       100,000,000    050600-040603        1.540                1
                                                            D                             

 STOCK NAME : Qualipak Int'l                 (1224)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHUNG KONG FEI STEPHEN                 G  ORD              QUALIPAK INTERNATIONAL HOLDING-         1,000,000    010699-080409        0.640                1
                                                            S LIMITED                     

 STOCK NAME : Rising Dev Hold                (1004)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHU PO KAN                             G  ORD              RISING DEVELOPMENT HOLDINGS LT-           250,000    080198-311207        0.290                1
                                                            D                             

 STOCK NAME : Shell Electric                 (0081)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YUNG YAU                               G  OPT              SHELL ELECTRIC MFG (HOLDINGS) -         2,100,000    050697-040600        3.250                1
                                                            CO LTD                        
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 08/06/99  PAGE:   6
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Shougang Int'l                 (0697)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YU LUP FAT JOSEPH                      G  ORD              SHOUGANG CONCORD INT'L ENT CO -         3,300,000    140797-100401        1.355                1
                                                            LTD                           

 LEUNG SHUN SANG TONY                   G  ORD              SHOUGANG CONCORD INT'L ENT CO -         2,600,000    100797-100401        1.355                1
                                                            LTD                           

 STOCK NAME : Star Telecom                   (0383)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LIEN KAIT LONG                         G  ORD              CHINA STRATEGIC HOLDINGS LTD            2,000,000                         0.300                1

                                        G  ORD              STAR TELECOM INTERNATIONAL HOL-           500,000    040699-030602        1.290                1
                                                            DING LTD                      

 WONG KAM FU                            G  ORD              STAR TELECOM INTERNATIONAL HOL-         1,500,000    030699-020602        1.290                1
                                                            DING LTD                      

 STOCK NAME : WKK Int'l (Hold)               (0532)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHAN CHI WING RODDY                    G  ORD              WONG'S KONG KING INTERNATIONAL-           800,000    250798-240702        0.390               10
                                                             (HOLDINS) LTD.               

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


NOTES:


N1   The figure represents the issue of 969,230,769 new shares
     in Lai Fung Holdings Limited ("Lai Fung") in the event of
     a full conversion by Sunny Group Investment Limited
     ("Sunny") of a HK$600 million convertible note (the "Note")
     to be issued by Lai Fung to Sunny pursuant to a
     subscription agreement in respect of the Note dated 11 May
     1999.

N2   Consideration per unit : $0.169 - $0.170

N3   Scrip Dividend

N4   Acquisitions were made from 01/06/99 to 03/06/99 at prices
     ranging from $1.37 to $1.38 per share.

N5   Disposals were made from 01/06/99 to 03/06/99 at prices
     ranging from $0.067 to $0.070 per share.

N6   Disposals were made from 24/05/99 to 28/05/99 at prices
     ranging from $0.32 to $0.34 per share.

N7   Expiry of warrants

N8   Acquisitions were made from 28/05/99 to 02/06/99 at prices
     ranging from $0.31 to $0.33 per share.

N9   Consideration per unit : $0.255 - $0.270