The latest Global Financial Center Index report released by the UK Z/Yen Group and the China (Shenzhen) Institute of Integrated Development shows that Hong Kong ranks third globally and first in the Asia Pacific region. Industry experts stated in an interview with reporters on the 25th that this highlights Hong Kong's strong financial strength and stable position as an international financial center, which they believe can attract diverse talents to develop in Hong Kong. The report shows that Hong Kong scored 749 points in the global financial center, an increase of 8 points, returning to the top ranking of financial centers in the Asia Pacific region. Although Singapore also improved by 5 points, its total score dropped to fourth place with 747 points. The Deputy Financial Secretary of the Hong Kong Special Administrative Region Government, Wong Wai lun, believes that this ranking improvement reflects the efforts of the SAR government in the past period, especially in the correct direction of various policies and measures related to financial business. This achievement also reflects the efforts and contributions of the financial industry and various regulatory agencies. The President of the Greater China Branch of the Australian Institute of Certified Public Accountants, Ye Yunkai, stated that the report results reflect Hong Kong's strong financial strength and stable position as an international financial center. He mentioned that due to the impact of the Federal Reserve's interest rate cuts, the Hong Kong stock market has risen strongly, and the overall economic system's money supply M3 (including banknotes, coins, bank deposits, and transferable certificates of deposit) is also increasing. The new stock market has also begun to recover, and he believes that the future development is very positive and proactive. The Chairman of the Hong Kong Financial Development Council (HKMA), Li Luyan, pointed out that Hong Kong has returned to the third place in the world in the report ranking, which is the result of the joint efforts of the Hong Kong financial industry. As a top international financial center, Hong Kong plays the role of a "super liaison" between mainland China and the global market. With a solid foundation and diverse advantages across industries, Hong Kong will continue to attract diverse talents and investments to the city. District Jinglin, Executive Director of Jinfa Bureau, stated that the report emphasizes the importance of a sound regulatory framework and professional talent in maintaining the competitiveness of the financial industry. With the continuous evolution of the global financial landscape, Hong Kong will strive to leverage its unique advantages to promote the growth and innovation of the financial industry. (New Society)
Edit：NiChengRan Responsible editor：LiaoXin
Source：China News Service Website
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
