£££££

Those investments generated £486 million in

earnings in 1987.

(4p11)

[4p 10]

Skp")

££££££ More than 1,000 Hong Kong companies have British involvement through direct control, investment or

management.

The gross stock market value of these companies is about

£20 billion.

£££££££

British companies have net assets in Hong Kong

of £3 billion.

Total net assets of companies controlled from Britain are at least £6 billion. British portfolio investment in Hong

Kong is some 30% of the total market.

££££££££ Twenty British banks do business in Hong Kong.

In 1989 these banks and deposit taking companies held 7.6%

of Hong Kong's total deposits.

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