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CONFIDENTIAL

機密

territory was running at an average annual rate of £180

million.

Is this

The Lavest

year for Wendi fezwer

ar available?

17.

In 1987, UK companies' direct investments in Hong

Kong (by book value of net assets) amounted to £1.9 billion

(compared with £1.5 billion in 1984). This UK portfolio in

Hong Kong represented just over 9% of the assets owned by UK

companies throughout the Commonwealth.

GF 323

18.

The net

returns generated by UK companies' direct

territory amounted to £486 million in

L211 million in 1984). These earnings

1987 represented almost 17% of UK

investments in the

1987 (compared with

from Hong Kong in

companies' total net earnings from their direct investments

in Commonwealth countries.

19.

lucrative

Hong Kong has been a particularly

investment opportunity for UK business. In 1987, of the

total UK company worldwide direct investment, only 2.2% was

located in the territory. Nevertheless, in that year, their

Hong Kong portfolios generated 4.4% of UK companies' net

earnings from this source. In other words, profits from

Hong Kong investments offered twice the rate of return

obtained on the UK global portfolio.

CONFIDENTIAL

機密

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