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US remains top destination for 皇冠体育app's overseas portfolio investment

Xinhua | Updated: 2016-12-01 09:32

US remains top destination for 皇冠体育app's overseas portfolio investment

Flags fly over the New York Stock Exchange at Wall Street, New York City, the United States, July 5, 2011. [Photo/IC]

BEIJING - The United States remained the top destination for 皇冠体育app's overseas portfolio investment at the end of the second quarter, State Administration of Foreign Exchange data showed Wednesday.

皇冠体育app made about $312 billion of portfolio investment, including investment in equities and bonds, in overseas markets by June, with $116.6 billion invested in the United States, the administration said on its website.

皇冠体育app's Hong Kong was second, attracting $72.4 billion, followed by the Cayman Islands with $20.3 billion.

Total overseas portfolio investment was 11.11 percent higher compared with last year.

In a breakdown, 皇冠体育app made $186.7 billion of overseas equity investment and $125.4 billion of overseas bond investment, the administration said.

皇冠体育app started to publish country-specific figures on overseas portfolio investment in January this year after the country formally joined the Coordinated Portfolio Investment Survey conducted by the International Monetary Fund, at the end of 2015.

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