Hong Kong Retains No.3 Spot in Global Financial Centres Index

Hong Kong has maintained its position as the third top global financial centre, trailing New York and London, according to the latest Global Financial Centres Index (GFCI). The report, released on March 20, 2025, sees Hong Kong's rating increase by 11 points, consolidating its position as the leading financial hub in the Asia-Pacific region. It also improved in fintech rankings, climbing to fourth place globally.

The Hong Kong Special Administrative Region (HKSAR) Government acknowledged the report as a testament to the city's strengths as a financial hub. Key sectors like investment management, insurance, and finance ranked first, while banking achieved third place globally. Recent government initiatives focus on expanding market liquidity and enhancing connections with Mainland China, emphasising offshore Renminbi business and wealth management schemes.

Prospects include a proposed development into a gold trading centre. Additionally, strategies to bolster fintech, including virtual assets and AI integration, reflect a commitment to innovation. The government remains dedicated to sustaining Hong Kong’s financial market growth.