Hong Kong overtakes Singapore in world financial centres ranking

[tripleme]

HONG Kong reclaimed its spot as Asia’s top financial centre, 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 on Monday (Sep 23). Singapore placed fourth worldwide. Dublin, Chicago and Dubai moved up in the rankings, while Shanghai, Beijing and Geneva moved down in the index.

It’s welcome good news for Hong Kong’s finance sector, which was battered by pandemic restrictions that prompted many workers to leave the city. The property market, which has failed to recover, has slowed activity and consumer demand. The government is betting that its initiatives and lower interest rates may revive economic activity.

https://www.businesstimes.com.sg/in...kes-singapore-world-financial-centres-ranking

 

[popdod]

Sinkpore ish Doomed.

 

[maosaikopi]

hopefully this news will help our “non resident” population to fall as it should

 

[KYZT2021]

so when the increased chionging back?

 

[tExtra]

hopefully this news will help our “non resident” population to fall as it should

Dun learn from the state leh. There is only Singaporeans and foreigners. Simi residents?

 

[Ironside]

so when the increased chionging back?

Those Hong Kong stock listed in SGX from what I observed has already increased like 20-30% within 1-2 months.

 

[samferguson]

Expected. Nothing much to invest in Singapore... except laundry shops.

 

[kage]

Results of mindless mass importing of economic refugees ??

 

[dpsk3000]

these communist must have paid alot of bribes to the publication to go above Singapore.

 

[Thoreldan]

Looks at sgx and shake head.

 

[Tiny Shrimp]

Sg how to fight hk with mother China help

 

[Cmonster]

where are those people that keep posting HK is finished?

 

[MynameisS]

One more Link

Yet another failure of ruling party

 

[Shion]

Sinkpore ish Doomed.

under current mgmt, i not surprised

 

[blue666]

Family offices have done their part of cleaning till no dirt

They are now clean to move to anywhere in the world

 

[cpuer]

Means MAS is hitting laundrers hard wor, 坡县加油！！

 

[buttbERry]

hk satki again

 

[tokong]

Looks at sgx and shake head.

but they are now gonna revive it...

https://www.businesstimes.com.sg/co...nges-revitalise-equities-market-chee-hong-tat

https://www.channelnewsasia.com/com...ket-mas-review-group-company-list-ipo-4585451

 

[cpuer]

Sg how to fight hk with mother China help

细大大is going for 大水漫灌, the next few years HK is going to huat big big!

 

[hammerhammer]

See lah. Go disturb those laundromat bosses for what. Just keep quiet let them wash and collect your fees lah. Greedy want to makan all their money now end up lose face