Tag: financial center

Hong Kong Retains Fourth Place as Finance Centre, Falls out of Top Ten Fintech Hubs

According to the latest Global Financial Centre Index (GFCI) report jointly compiled by UK-based think tank Z/Yen and the China (Shenzhen) Institute of Comprehensive Development, Hong Kong ranks fourth out of 120 financial centers worldwide, as it did six months ago, with New York, London, and Singapore still in the top three. Although Hong Kong’s…


The Glory Days of Hong Kong Are Definitely Gone

Commentary Throughout my long career as a hedge fund practitioner, I have participated in many major events, and witnessed blow-ups and turmoil that hit the financial markets. Such major events include the Asian Financial Crisis of 1997-98, the technology meltdown of 2000, the 9/11 terrorist attack incident in 2001, sub-prime crisis of 2007, and the…