So
Con
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Henley
FOR ANSWER ON 15 February 1990.
47 Mr Michael Heseltine
To ask Mr Chancellor of the Exchequer, what calculations he has made of the value of UK assets in Hong Kong.
REPLY
Information is available only for certain categories. The latest
information for direct investment is for end-1987 when
the book value of UK direct investment in Hong Kong was £1924m.
There is no information on UK portfolio investment by country.
Information is available on external assets and claims on
Hong Kong by banks and other financial institutions in the UK.
(See Table 14 of the Bank of England Quarterly Bulletin.) At end-
September 1989 UK liabilities to Hong Kong were £18781m.
whilst UK claims on Hong Kong were £18446m.
W HALL CSQ, D4/1
GTN 217 4200
PARuban.
PH RICHARDSON CSO, D4
GTN 217 4189