Hong Kong Monetary Authority: Global Financial Center index once again confirms Hong Kong's stability and interconnected advantage.

The Z/Yen Group of the United Kingdom and the China (Shenzhen) Development Research Institute jointly released the 39th edition of the Global Financial Centres Index report. The report once again affirmed Hong Kong as the third-ranked international financial center globally, and it continues to maintain its position as the top financial center in the Asia-Pacific region. The Hong Kong Financial Development Bureau (Hong Kong FinTech) welcomed this. The Global Financial Centres Index evaluates the competitiveness of major financial centers around the world. The latest index shows that Hong Kong's overall score has risen to 765 points, only one point lower than London and two points lower than New York. Hong Kong once again topped the global rankings in the financial technology field, reflecting the strength of Hong Kong's vibrant financial technology product supply. Hong Kong also ranks first in areas such as banking, insurance, and finance, demonstrating its diverse and comprehensive competitiveness as a global financial hub. "The index once again confirms Hong Kong's stability, vitality, and connectivity advantages as a leading international financial center," said Mr. Gregory So, Chairman of Hong Kong FinTech. "With excellent regulatory systems and world-class infrastructure, Hong Kong provides international investors with a secure, neutral, and globally interconnected capital and wealth hub, demonstrating high resilience and lasting value in an uncertain environment." Dr. Duncan Wong, Executive Director of Hong Kong FinTech, said: "Recent reforms to the listing system will enhance Hong Kong's attractiveness to international issuers. Building on a mature stock market, Hong Kong has great potential to further develop its debt capital market by expanding its offshore renminbi business capabilities and establishing an effective long-term yield curve, which will consolidate Hong Kong's status as a crucial global capital hub." Hong Kong FinTech will continue to work closely with stakeholders in the financial ecosystem to enhance the competitiveness of Hong Kong's financial services industry. Through policy research, market promotion, and talent development, Hong Kong FinTech is committed to consolidating and enhancing Hong Kong's leadership position as an international financial center.