Chinese personal foriegn exchange savings

[pms]

What are those?  Would that be US dollars?  Who do you suppose owns them?
[excpt]
Hong Kong's H-share index (^HSCE - news) of mainland incorporated companies
listed in Hong Kong rose 0.94 percent, adding to a 2.9 percent gain on
Tuesday, after China's central bank governor said Beijing was studying a
proposal to allow a fund firm to invest some of its US$86 billion in
personal foreign exchange savings in Hong Kong stocks.

http://biz.yahoo.com/rf/020312/hkg67299_1.html