Hong Kong Overtakes Singapore in World Financial Centers Ranking
- Singapore had edged out Hong Kong in the index last year
- Shanghai, Beijing move down, while Dubai, Dublin climb up
This article is for subscribers only.
Hong Kong reclaimed its spot as Asia’s top financial center, knocking Singapore back to second place in the region, according to a survey.
Globally, Hong Kong ranked third, behind New York and London in the latest Global Financial Centres Index released Monday. Singapore placed fourth worldwide. Dublin, Chicago and Dubai moved up in the rankings, while Shanghai, Beijing and Geneva moved down in the index.