23-25      Position and Flow of Outward Direct Investment

by Major Recipient Country/Territory

 

 

 

 

(HKD billion)

 

Outward Direct Investment at Market Value

Major Recipient

Country/Territory

Position at end of year

Outflow in year

 

1998

1999

1998

1999

 

 

 

 

 

 British Virgin Islands

720.2

1395.6

57.4

33.1

 The Mainland of China

547.7

620.6

54.1

78.6

 Bermuda

92.1

93.2

2.3

6.0

 Cayman Islands

97.9

86.1

8.4

1.4

 New Zealand

36.8

31.5

4.6

0.5

 Panama

22.8

30.9

-4.0

0.4

 The United Kingdom

56.6

26.0

3.8

-23.3

 Germany

0.9

23.2

**

22.6

 The United States

20.4

22.5

1.3

1.1

 Singapore

15.6

18.9

-8.4

4.0

 Others

123.4

151.4

12.0

25.6

 Total

1734.4

2499.9

131.5

150.0

 

 

 

 

 

 

 

 

 

 

Notes:Country/territory refers to the immediate destination economy. It does not necessarily reflect the country/territory in which the funds are

              ultimately used.

 

 

 

 

          Negative outflow does not necessarily mean equity withdrawal. It may be the result of repayment of loans by non-resident affiliates.

           ** Less than 0.5 HK$ billion