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

Hong Kong Assets as at end of 2000 was HK$ million 8899295
Hong Kong Assets as at end of 2001 was HK$ million 8487770

Hong Kong Assets : Direct investment abroad as at end of 2000 was HK$ million 3027809
Hong Kong Assets : Direct investment abroad as at end of 2001 was HK$ million 2807152
Hong Kong Assets : Portfolio investment as at end of 2000 was HK$ million 1394320
Hong Kong Assets : Portfolio investment as at end of 2001 was HK$ million 1639761
Hong Kong Assets : Financial derivatives as at end of 2000 was HK$ million 131063
Hong Kong Assets : Financial derivatives as at end of 2001 was HK$ million 140492
Hong Kong Assets : Other investment as at end of 2000 was HK$ million 3507266
Hong Kong Assets : Other investment as at end of 2001 was HK$ million 3033444
Hong Kong Assets : Reserve assets as at end of 2000 was HK$ million 838839
Hong Kong Assets : Reserve assets as at end of 2001 was HK$ million 866922

Hong Kong Liabilities as at end of 2000 was HK$ million 7169749
Hong Kong Liabilities as at end of 2001 was HK$ million 6364641

Hong Kong Liabilities : Direct investment in Hong Kong as at end of 2000 was HK$ million 3550840
Hong Kong Liabilities : Direct investment in Hong Kong as at end of 2001 was HK$ million 3349425
Hong Kong Liabilities : Portfolio investment as at end of 2000 was HK$ million 1194477
Hong Kong Liabilities : Portfolio investment as at end of 2001 was HK$ million 930361
Hong Kong Liabilities : Financial derivatives as at end of 2000 was HK$ million 97582
Hong Kong Liabilities : Financial derivatives as at end of 2001 was HK$ million 82444
Hong Kong Liabilities : Other investment as at end of 2000 was HK$ million 2326849
Hong Kong Liabilities : Other investment as at end of 2001 was HK$ million 2002412

Net International Investment Position as at end of 2000 was HK$ million 1729547
Net International Investment Position as at end of 2001 was HK$ million 2123129

Net International Investment Position : Direct investment as at end of 2000 was HK$ million -523031
Net International Investment Position : Direct investment as at end of 2001 was HK$ million -542272
Net International Investment Position : Portfolio investment as at end of 2000 was HK$ million 199843
Net International Investment Position : Portfolio investment as at end of 2001 was HK$ million 709400
Net International Investment Position : Financial derivatives as at end of 2000 was HK$ million 33481
Net International Investment Position : Financial derivatives as at end of 2001 was HK$ million 58048
Net International Investment Position : Other investment as at end of 2000 was HK$ million 1180416
Net International Investment Position : Other investment as at end of 2001 was HK$ million 1031032
Net International Investment Position : Reserve assets as at end of 2000 was HK$ million 838839
Net International Investment Position : Reserve assets as at end of 2001 was HK$ million 866922




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