TNAG-1624-FCO40-2238-Relations-between-Hong-Kong-and-China-1987 — Page 185

CONFIDENTIAL B

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equal. Hong Kong's financial institutions had a

substantial amount of claims on China's non-banking

sector, which increased by 30.6% during the second quarter

of 1987 to HK$16.5 billion (US$2.1 billion). Their

liabilities to China's non-banking sector are believed to

be negligible.

As at :

External liabilities and claims against

China in respect of Hong Kong's

financial institutions (banks and dtcs)

Liabilities to China's

banks (HK$ Mn)

Claims on China's

banks (HK$ Mn)

Claims

on China's

non-

banking sector

(HK$ Mn)

27 Mar 1986

21,612

25,097

9,518

30 Jun 1986

23,485

27,091

11,060

30 Sep 1986

24,365

30,607

9,827

31 Dec 1986

27,139

30,602

11,521

31 Mar 1987

34,474

34,822

12,621

30 Jun 1987

40,032

39,300

16,479

G.F. 326

CONFIDENTIAL #✨