The demise of Hong Kong has been prophesied nearly as long as the territory has been founded.  Despite this, and having weathered numerous crises, it has grown to become a global financial centre with a thriving asset and wealth management industry.  Recent unrest and political developments threaten to derail its progress and could see it removed from its position atop the financial world.  In this episode, Conal McMahon examines the factors which make a financial centre, the evolution of Hong Kong into a global financial centre, recent developments which threaten to dethrone it as THE financial centre of the Far East, potential claimants to its position, and what the future of Hong Kong as a financial centre could entail.

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Timestamps:

What makes a financial centre? - 1:01

Hong Kong’s rise to global financial centre - 3:42

What has changed and how this could detract from Hong Kong as a global financial centre? - 8:39

Other contenders across APAC? - 27:35

Final thoughts - 44:39

Global Financial Services Index Methodology:

Available here