23-17  Hong Kong's International Investment Position (Position as at End of Period)
	(HKD 100 million)
Broad Component	2004	2005	2006	2007	2008@
Assets	106987.13	115883.12	149987.00	211940.93	175667.14
Direct Investment Abroad	31336.49	36539.05	52645.23	78889.93	60141.55
Portfolio Investment	31163.12	33847.31	45134.98	60740.91	43038.96
Financial Derivatives	1744.50	1332.88	1752.04	3736.19	6757.87
Other Investment	33138.41	34527.81	40094.63	56667.08	51581.65
Reserve Assets	9604.61	9636.08	10360.11	11906.82	14147.10
Liabilities	73969.40	81821.76	109689.82	174205.03	127661.91
Direct Investment in Hong Kong	35218.62	40562.59	57719.14	91865.49	64780.08
Portfolio Investment	12069.35	13833.44	20187.54	37260.25	17954.78
Financial Derivatives	1643.02	1325.75	1583.38	2538.36	5306.70
Other Investment	25038.41	26099.98	30199.76	42540.93	39620.35
Net International Investment Position①	33017.73	34061.36	40297.17	37735.90	48005.23
Note : ①Net International Investment Position is the difference between total external financial assets and total external financial liabilities.