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Hong Kong as an international financial centre. 1 st in the World Economic Forum’s Financial Development Index (October 2012) 3 rd in the Global Financial Centres Index (Sept 2012) Securities 1 st in fund raising through IPO (2009 to 2011)
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Hong Kong as an international financial centre 1st in the World Economic Forum’s Financial Development Index (October 2012) 3rd in the Global Financial Centres Index (Sept 2012) Securities • 1st in fund raising through IPO (2009 to 2011) • 2nd in Asia in terms of market capitalization (end 2012) Banking • 2nd largest banking centre in Asia in terms of outstanding amount of external transactions (Sept 2012) Insurance • Highest concentration of insurers in Asia (Jan 2013)
Hong Kong as an international financial centre Asset management • 2nd in Asia in terms of total capital under management in private equity (end 2012) • 2nd in Asia in terms of total private equity funds raised (end 2012) Renminbi (RMB) Business • RMB trade settlement: RMB 2,633 billion handled by banks in Hong Kong in 2012 (about 90% of Mainland China’s total cross-border trade settlement) • RMB deposits and certificates of deposit: RMB 720 billion (end 2012) • RMB bonds: 227 batches issued since 2007