Financial Centres: Hong Kong
Tags: financial center, Financial Center Hong Kong, Financial Centres, Hong Kong, Hong Kong bank, Hong Kong banks, Hong Kong Financial Center
Hong Kong is the world’s 11th largest trading economy, one of the world’s four largest gold markets, the world’s 6th largest foreign Exchange market, the world’s 15th largest banking centre, and Asia’s 2nd biggest stock market. Banking transactions Volume are among the highest in the world in 2006.Hong Kong has 202 foreign-owned licensed banks, restricted licence banks, Deposit-taking companies and representative offices from 30 countries as at end of 2006. There are 181 foreign banks in Hong Kong with 69 of the world’s top 100 banks are present in Hong Kong.
The rule of law upheld by an … Continue Reading