ZCZC
BCN-31
CHINA-OVERSEAS-INVESTMENT
Chinese mainland’s overseas portfolio investment hits 498 bln USD
BEIJING, June 3, 2018 (BSS/Xinhua) – The Chinese mainland’s overseas
portfolio investment rose last year, with Hong Kong being the prime
destination, official data showed.
At the end of last year, the mainland’s overseas portfolio investment
assets (excluding reserve assets) were worth 498 billion U.S. dollars, up
from 360 billion dollars at the end of 2016, according to the State
Administration of Foreign Exchange.
Of the total, 304 billion dollars were held in equity investments while
the remaining 194 billion dollars flowed into bond investment.
In breakdown, nearly a third of the total was invested in Hong Kong,
followed by the United States with 145 billion dollars and the Cayman Islands
with 38 billion dollars.
China started to publish country-specific figures on overseas portfolio
investment in January 2016 after joining the Coordinated Portfolio Investment
Survey conducted by the International Monetary Fund at the end of 2015.
BSS/XINHUA/HR/1435