Hong Kong is an established and highly respected international finance centre providing a favourable environment to conduct business both regionally and globally.
The financial services sector includes banks, wealth management, insurance, credit card companies, securities and futures brokerages, and fund management. The Hong Kong Stock Exchange (HKEx) is the sixth largest in the world with a market capitalization of around US$2.97 trillion.
HONG KONG HAS THE LARGEST NUMBER OF SKYSCRAPERS IN THE WORLD.
The robustness of the banking systems’ credit and liquidity risk management framework together with other regulatory standards encourage leading institutions to use the jurisdiction as a hub for their international businesses.
Its other economic strengths include virtually no public debt, no exchange controls, sufficient foreign exchange reserves, rigorous governance measures and a close relationship with mainland China.
Also, Hong Kong was ranked fourth in terms of global foreign direct investment inflows by the United Nations Conference on Trade and Development (UNCTAD).