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latest ranking: hong kong returns to third place in the world

2024-09-25

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according to a report by hong kong ta kung pao wen wei po on september 25, the british think tank z/yen group and the china (shenzhen) development research institute jointly released the 36th "global financial center index" report (gfci 36) on september 24. hong kong's overall ranking was third in the world and first in the asia-pacific region.
in the overall ranking of the 36th list, hong kong rose one place to rank third in the world and first in the asia-pacific region. in the 35th list released on march 21 this year, singapore ranked third in the world and hong kong ranked fourth. this time, hong kong surpassed singapore and its overall score rose by 8 points, becoming the city with the largest improvement among the top five financial centers.
hong kong's rankings in many financial industry sectors have also risen significantly, including "investment management", "insurance", "banking", "professional services", etc., among which the ranking in "investment management" has jumped to first place in the world. in addition, in terms of financial technology level, hong kong's ranking has risen by five places to ninth in the world, ranking among the top ten financial technology centers; in terms of the performance of various industries, hong kong's insurance industry has risen from tenth to third, and the banking industry has risen from ninth to fourth.
public data shows that the global financial centers index evaluates and ranks major global financial centers in terms of business environment, human capital, infrastructure, financial industry development level, reputation, etc. a total of 121 financial centers were selected for the 36th list, and the top ten global financial centers are ranked as follows: new york, london, hong kong, singapore, san francisco, chicago, los angeles, shanghai, shenzhen, and frankfurt.
a spokesman for the hong kong sar government said that hong kong's regulatory system is in line with major overseas markets, and information and capital flow freely. under the "one country, two systems" policy, hong kong has the unique advantage of being backed by the motherland and connected to the world. the sar government will continue to actively recognize, respond to and seek changes to promote the high-quality development of the financial industry. legislative council member leung hei believes that hong kong's return to the top three in the world in the global financial centers index, coupled with its impressive performance in multiple global rankings over the past period of time, reflects that the situation in hong kong has been stable since the national security law came into effect, which is conducive to business development.
review | hao junshi
editor | wu jin
proofreading | guo weitong
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