TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 167

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

·金

HK

HONG KONG GOVERNMENT OFFICE PARLIAMENTARY INFORMATION

DEC

DCK

21st February, 1990 511/12

No 105

Written Answer in the House of Commons

on 20th February, 1990

MR MICHAEL HESELTINE (CONSERVATIVE, HENLEY)

MR JOHN MANJOR (CHANCELLOR OF THE EXCHEQUER)

Mr Michael Heseltine

To ask Mr Chancellor of the Exchequer, what calculations has he made of the value of United Kingdom assets in Hong Kong.

MR JOHN MAJOR

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.

6 Grafton Street London W1X 3LB Phone 01-499 9821

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