Table 1: International Investment Position by Broad Component
  (position as at end of year)
     
HK$ million

Broad Component 2000 2001

Hong Kong Assets 8,899,295 8,487,770
   Direct investment abroad 3,027,809 2,807,152
   Portfolio investment 1,394,320 1,639,761
   Financial derivatives 131,063 140,492
   Other investment 3,507,266 3,033,444
   Reserve assets 838,839 866,922

Hong Kong Liabilities

7,169,749

6,364,641
   Direct investment in Hong Kong 3,550,840 3,349,425
   Portfolio investment 1,194,477 930,361
   Financial derivatives 97,582 82,444
   Other investment 2,326,849 2,002,412

Net International Investment Position
(1)

1,729,547

2,123,129
   Direct investment -523,031 -542,272
   Portfolio investment 199,843 709,400
   Financial derivatives 33,481 58,048
   Other investment 1,180,416 1,031,032
   Reserve assets 838,839 866,922

Note: (1) Net international investment position is the difference between total external financial assets and total external financial liabilities.