Top 10 Global Financial Centres Are In Asia : Asian cities have turned out to be the most favoured financial centres, according to a study jointly conducted by Z/Yen Partners in London and China Development Institute (CDI) in Shenzhen. A total of 114 financial centres were researched and 104 cities were indexed.
Hong Kong, Singapore, Shanghai, Tokyo, Beijing and Shenzhen were among the cities in the list of the top financial centres of world. New York in USA and London in United Kingdom took the first and second spot respectively while Hong Kong, despite massive protests against mainland China that disrupted normal life for the past three months, came in third.
The financial cities competed under five parameters namely human capital, finance that include capitalization, stocks, bonds etc, business environment, infrastructure and reputational.
The top 10 list of global financial centre are given below:
- New York
- Hong Kong
Top 10 Global Financial Centres Are In Asia : It is said that the Global Financial Centres Index (GFCI) serves as a reference for investment decision-makers’ and is published in March and September every year.
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