HK financial system 'resilient' as city moves up in world ranking


Image from China Daily/Asian News Network

HONG KONG/SHENZGEN, Sept 26 (China Daily/ANN): Hong Kong has moved up a notch to fifth place in terms of comprehensive competitiveness among 111 financial centres in the world.

While New York and London maintained their respective top two rankings, Shanghai also advanced to the third spot, pushing Tokyo down to fourth place, according to the latest Global Financial Centres Index released on Friday.

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