How Singapore and Hong Kong Stack Up as Financial Centers

Hong Kong is likely to remain the bigger center for equities over the next five years.

(Bloomberg) — In recent weeks, Singapore has roared back to post-pandemic life while Hong Kong residents have been left watching from afar.

Speculation that Hong Kong has been severely weakened by strict Covid policies and a shrinking workforce seemed to be reinforced by the latest Global Financial Centres Index, which showed Singapore overtaking its rival financial hub.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Asia New Vision Forum Kicks Off in Singapore

PODCAST

Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe

00:00

00:00/00:00

MOST POPULAR

1: China, U.S. to Meet in Spain Over TikTok, Trade Disputes

2: Cover Story: Why Modi Won’t Play Cowboys and Indians With Trump, Opting Instead for Strategic Autonomy

3: AI Offers Hope for Growth, but Global ‘Disorder’ Poses Major Risks, Lawrence Summers Says

4: Weekend Long Read: Tycoon’s Eight-Hour Escape Exposes Failings of a Model Chinese Prison

5: Stability, Openness and Inclusiveness Are Key to an ‘Asian Century,’ Singapore Deputy PM Says