IDEAS home Printed from
   My bibliography  Save this paper

The British Stake in Hong Kong: Direct Investment


  • Simon Broadbent



Hong Kong is one of the main locations of British direct investment abroad, but there are wide discrepancies in official data on the scale of it. Hong Kong figures (end1995) book value of the British stake in Hong Kong at about £10.6 billions, nearly three times the British figure. We examine the reasons, largely definitional, for the gap, and conclude that £10.1 billions, some 5.1% of British FDI, is a reasonable estimate. This generates earnings of £2.5 billions a year, a total exceeded only by those from the United States, and one-tenth of the worldwide total. We also estimate that the market value of the British direct investment stake in Hong Kong was about £34 billions at the end of 1995. Recent volatility in stock markets resulted in this figure rising to a peak of £55 billions and then falling to 26 billions before recovering somewhat. Hong Kong's FDI in Britain is on a far smaller scale, with a market value of perhaps £3 billions, of which property investment may account for one third.

Suggested Citation

  • Simon Broadbent, 1999. "The British Stake in Hong Kong: Direct Investment," National Institute of Economic and Social Research (NIESR) Discussion Papers 136, National Institute of Economic and Social Research.
  • Handle: RePEc:nsr:niesrd:206

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Viola Angelini & Peter Simmons, "undated". "Housing Debt and Consumption," Discussion Papers 11/20, Department of Economics, University of York.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nsr:niesrd:206. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Library & Information Manager). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.