Hong Kong maintained its position as the world’s third-ranked financial hub, narrowing the gap with leading cities New York and London, according to the latest Global Financial Centres Index (GFCI) report on Thursday. The report, which is published twice a year, said Hong Kong’s overall rating rose 4 points, just 1 point below London and…
China’s consumer robotics start-ups are finding new growth opportunities in overseas markets, providing a new development model for the country’s manufacturers as they attempt to escape problems wrought by excess capacity and destructive price wars at home. These up-and-coming robotics firms are leveraging mature supply chains and rapid product iteration cycles to compete on technology…
This undated photo shows a view of the Victoria Harbour in Hong Kong. (PHOTO / CHINA DAILY) The Hong Kong Special Administrative Region secured third place globally in the Global Financial Centres Index, published on Thursday, narrowing the gap with the top-ranked financial center. The 37th edition of the index, published by UK-based Z/Yen and…
Hong Kong retained its status as Asia’s top financial centre and was the third globally, distancing itself from regional rival Singapore and also closing the gap with top-ranked New York, according to the latest edition of the Global Financial Centres Index. Hong Kong’s overall rating increased 11 points, while Singapore gained three points to stay…