GF 323
circle.
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6
A list of the more important investment projects
PRC-interest companies since 1978 is annexed
undertaken
to this paper.
by
11.
investment
from the
Manufacturing
The
More accurate and detailed information on foreign
in Hong Kong's manufacturing sector is available
Industry Department's Survey on Overseas
Investment in Hong Kong's Manufacturing Sector.
cumulative total of China's investment in this sector,
measured at original cost, was HK$3.2 billion (US$0.4
billion) up to the end of 1989. This accounted for 11% of
the total foreign investment in Hong Kong's manufacturing
Here China ranked third after the United States
sector.
and Japan.
Its investment was concentrated in the
manufacture of transport equipment, chemical products, electronics, and textiles and clothing.
12.
Banking
China's presence in Hong Kong's banking sector
includes 15 China-related licensed banks (the Bank of China
(BOC) and its 12 sister banks, as well as Ka Wah Bank and
Union Bank) and some China-related financial institutions.
The China-related banks and financial institutions constitute the second most important banking group in Hong Kong after the Hongkong Bank Group. At end-1990, the
China-related banks and financial institutions had a total
deposit base of HK$254 billion (US$32.6 billion),
representing about 21% of the total deposits with all
authorized institutions in Hong Kong. Loans and advances extended by them for use in Hong Kong amounted to HK$102
billion (US$13.1 billion), representing about 13% of the
total extended by all authorized institutions in Hong
Kong. A very rough estimate suggests that the total net
equity of these China-related banks
and financial
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