1989-03-16 14:51 BRITISH TRADE COMMISSION
BRITISH HUUSINESS IN HONG KONG
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A REVIEW
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852 5 845 2870 P.03.
PART II: BRITISH LOMPANIES IN HONG KONG, INVESTMENT AND INVISIBLE FARNINGS
1. The first part of this review of British business interests in Hong Kong
dealt with sales of British merchandise, projects and opportunities. It noted
that British sales in Hong Kong in 1987 reached a record of £1,013m and that
our share of the market was 3.1 percent. Later figures are now available.
They show that British exports to Hong Kong in 1988 were £1,030m, an increase
of 1.7 percent. However, our share of the market fell to 2.6 percent.
2. This second part of the review deals with British companies in Hong Kong,
investment and invisible earnings.
British Companies in Hong Kong
3. The Trade Commission has dealings on a regular basis with more than 400
British companies established in Hong Kong. Many of these have local
subsidiaries. There are also a large number of companies that are not wholly
owned from Britain but in which there is significant British investment or
management. In all there is British involvement. through direct control,
investment or management - in close to a thousand companies in Hong Kong.
Additionally, 2,500 British companies have agents here.
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