23-34  Position and Flow of Outward Direct Investment by Major Recipient Country/Territory
	(HKD 100 million)
Major Recipient	Outward Direct Investment at Market Value
Country/Territory	Position at End of Year			Outflow in Year
	2005	2006	2007	2005	2006	2007
British Virgin Islands	16093	24676	37737	181	780	1039
The mainland of China	14774	21172	34237	1303	1666	2839
Bermuda	1261	1378	1330	125	-50	162
United Kingdom	596	621	735	49	-2	121
Singapore	400	331	569	60	21	184
Cayman Islands	251	411	501	148	79	294
Liberia	223	233	410	-11	25	53
Thailand	230	347	383	26	64	-2
Malaysia	216	256	347	0#	39	40
United States of America	263	291	306	9	31	41
Others	2232	2929	2336	225	841	-7
Total	36539	52645	78890	2115	3494	4765
Note : Country/territory here refers to the immediate destination economy. It does not necessarily reflect the country/territory in which the
funds are ultimately used.