China Development Institute – Charm

HK maintains third place in global financial center rankings

Cs news1 month ago04 mins

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 widens lead over Singapore as Asia’s top financial centre, report shows

Cs news1 month ago02 mins

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…