Hong Kong ranked third among global financial hubs and continued to lead in fintech with a slight increase in scores, according to the 39th Global Financial Centres Index published on Thursday.
In the overall ranking, competition among the world’s top four financial hubs — New York, London, Hong Kong, and Singapore — remains intense, with each separated by just one point.
Shanghai and Dubai rose to sixth place and seventh place, respectively. Tokyo climbed five spots to rank 10th, entering the world’s top 10 financial hubs again after four years.
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The score gap narrowed further among top financial hubs in Asia-Pacific, North America, and Western Europe, which still significantly outperform other regions.
This year, Hong Kong once again topped the fintech ranking, scoring seven points higher than last year. Shenzhen and New York followed closely behind. Tokyo, Busan, Stockholm, and Abu Dhabi all moved up in this field.
In terms of sub-indicators, Hong Kong ranked first in banking, insurance, and financing, and second in investment management.
The index was jointly published by UK-based Z/Yen and Shenzhen-based the China Development Institute, evaluating the competitiveness of 120 financial centers across the globe.
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Over the past year, Hong Kong’s financial sector has made strides in areas such as fintech, virtual-asset regulation, and renminbi internationalization.
In November 2025, the Hong Kong Monetary Authority unveiled its “FinTech 2030” development strategy, aiming to foster the city’s fintech ecosystem through payment infrastructure development, AI applications, technology resilience, and tokenization.
