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HK holds on to 3rd place in global financial centre rankings,as local markets defy Covid-19 restrict

Hong Kong held onto its third-place ranking globally, after New York and London, in the latest study of the world’s leading international financial centres even as a series of restrictive measures to combat the spread of the coronavirus weighed on the city’s economy.

The city ranked third in the 31st edition of the semi-annual Global Financial Centres Index, produced by the China Development Institute in Shenzhen and the London think tank Z/Yen Partners.

“The report reaffirms Hong Kong’s status and strengths as a leading global financial centre,” a Hong Kong government spokesman said.


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