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Hong Kong Overtakes Japan as World's Third Largest Stock Market

Residential and commercial buildings are seen from Victoria Peak in Hong Kong.

Residential and commercial buildings are seen from Victoria Peak in Hong Kong.

Photographer: Billy H.C. Kwok/Bloomberg
Updated on

Bragging rights to Hong Kong, for now.

The city’s equity market has overtaken Japan to be the world’s third largest in value, behind only the U.S. and mainland China, courtesy of a rebound in Hong Kong stocks after their worst year since 2011.