HKUL digital repository exhibits a clearer image of the complete four pages of this particular edition. (link)
A good narration of the history context of The Friend of China as a newspaper could be found here. It was published on Thursdays then. It tells on the frontpage that it has correspondents in Chusan Ningpo and Amoy, and obtaining the Peking Gazettes.
Page 2 of it comprises a list of HONG KONG PROPRIETORS :
We give below an Alphabetical list of the Proprietors of lands and buildings in the Town of Hongkong. The list may not be entirely accurate, but in a future number we shall publish another list revised and corrected. Many of the parties have each several lots.
Almack W.
Burn D. L.
Boughton J.
Burd J. R.
Caine W. Major
Cadell Capt.
Campbell Ens.
Callery J. M.
Cowajee Rustomjee
Challaye F. C.
Dirom & Co. (?)
Dent & Co.
Durran J. A.
Duues Capt.
Edwards Robert
Fergusson, Leighton & Co.
Fox, Rawson & Co.
Framjee Rustomjee
Fearon C.
Fearon S.
Gemmell & Co.
Gribble, Capt.
Gibb, Livingstone & Co.
Gillespie, C. V.
Holliday, Wise & Co.
Herjeeboy Rustomjee
Harton, W. H.
Henderson, W.
Hughes W. H.
Holgate, Dr.
Innes Fletcher & Co.
Jardine Matheson & Co.
Jamieson How & Co. (?)
Joze Pedro (?)
Johnstone, A. R. Esq.
Larkins Capt.
Labrant, Afred (?)
Lindsay & Co.
Molby, Capt.
Markwick C.
Morrison Education Society
Missionary Society, American Baptist
Missionary Society, Medical.
Mission of the Amer. Board
Oswald, R.
Ochterlony, Lieut.
Pybus, H.
Pedder, Lieut.
Romsay Capt.
Robertson P. F.
Strachn, R.
Slade, John
Shaik Madeen
Turner & Co.
White James
Walker Capt.
Webster, R.
Zabell Capt.
* Chusan (舟山)
(?) denotes unclear text