Top five destinations for China's overseas portfolio investment

The United States was the top destination for China's overseas portfolio investment at the end of the second quarter, according to the latest data from the State Administration of Foreign Exchange.

China invested about $312 billion, including in equities and bonds, in overseas markets by June, with $116.6 billion going to the United States, the administration said on its website.

China's Hong Kong was second, attracting $72.4 billion, followed by the Cayman Islands, attracting $20.3 billion.

Let's take a look at the top five destinations for China's overseas portfolio investment.

No 5 Britain

Amount: $13.7 billion

Participants celebrate The Lord Mayor procession in London, November 12, 2016. [Photo/IC]