China's overseas portfolio investment up by June
DATE:  Dec 03 2018
/ SOURCE:  yicai

 (Yicai Global) Dec. 3 -- The Chinese  mainland's overseas portfolio investment continued to rise in the first  half of the year, with Hong Kong still the prime destination, the  official Xinhua News agency repotered.

At the end of June, the  mainland's overseas portfolio investment assets (excluding reserve  assets) amounted to 518.3 billion U.S. dollars, up from 497.7 billion  dollars at the end of 2017, the data provided by the State  Administration of Foreign Exchange showed.

Of the total, 308 billion U.S. dollars were held in equities, while the remaining 210.3 billion dollars flowed into bonds.

Nearly  one-third of the total was invested in China's Hong Kong. The next  largest sums were invested in the United States, followed by the Cayman  Islands.

China started to publish 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. 

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