TNAG-2792-FCO40-4031-Relations-between-Hong-Kong-and-China-1993 — Page 76

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CONFIDENTIAL

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機密

26.

(III) Financial links between Hong Kong and China

(a)

Financial transactions between Hong Kong and China

During the second quarter of 1993, external liabilities of Hong Kong's authorized institutions to banks in China fell slightly by 1% to HK$154.2 billion, while

external claims of these institutions on banks in China

grew by 10%

HK$134.2 billion, thereby giving a net

liability of HK$20.0 billion at the end of June 1993. This

net liability fell by 40% from the end of March 1993, and by 48% from the end of December 1992. During the second

quarter, external claims of Hong Kong's

to

institutions to China's non-banking

increase of 6% to HK$54.6 billion.

shown in the following table:

authorized

entities recorded an

These developments are

CONFIDENTIAL #