Evolution of Hong Kong International Center and Future Development Trends

Beier Lu ()
Additional contact information
Beier Lu: The University of Nottingham Ningbo China, Business School China

A chapter in Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024), 2025, pp 146-160 from Springer

Abstract: Abstract In today’s global economy, finance plays an increasingly important role and has gradually become the flagship of any country’s economic system, or even its cornerstone. Growth and development of Hong Kong as an international financial center are inextricably linked to a highly open and transparent economy and an environment of fair and free competition. An analysis is provided in this paper of the growth and development of Hong Kong as an international financial center, a comparison is made of the similarities and differences that exist between Hong Kong and London, Tokyo, and Singapore, and a conclusion is drawn. Lastly, it makes a prediction regarding the future development of the Hong Kong financial industry. According to this study, Hong Kong’s development as an international financial center began before the 1970s and has continued to this day. In comparison with London, Tokyo, and Singapore, Hong Kong’s development is distinguished by its background and its use of means. This paper forecasts that Hong Kong’s securities market will continue to develop positively in the future and that the financial industry will be transformed and upgraded. Nevertheless, Hong Kong’s financial sector may also experience fluctuations.

Keywords: International Financial Center; Hong Kong; Financial Industry; Economic Development (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-642-0_16

Ordering information: This item can be ordered from
http://www.springer.com/9789464636420

DOI: 10.2991/978-94-6463-642-0_16

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().