HONG KONG, June 19 (ABC): Despite challenges brought about by the COVID-19 pandemic and external uncertainties, Hong Kong remains a leading financial center in the world, with fresh opportunities ahead to lift its global status.
Hong Kong secured a third place in the latest Global Financial Centers Index, remaining among the top in areas including business environment, human capital, infrastructure and general reputation, according to the index compiled by British think tank Z/Yen Group and the China Development Institute in Shenzhen.
Since Hong Kong’s return to the motherland in 1997, its financial market has evolved both in scale and openness, with remarkable progress made in the banking system, capital market, as well as the foreign exchange market.