Financial Services Opportunities
For the past decade, Hong Kong has consistently ranked among the top 10 on the Global Financial Centres Index's (GFCI) world financial centre list. With low taxation, legislation favouring free trade, strong capital inflow, as well as world-class, progressive regulators, the city offers a host of rich financial services market opportunities.
Features
Asset & Wealth Management
Market Stats (HKD)
$28.7tn
Firms
818 1
Banking
Market Stats (HKD)
$24.5tn
Firms
160+
Banks 2
8
Digital Payment
Market Stats (HKD)
$128bn+
Volume 3
Firms
100+ 4
Insurance
Market Stats (HKD)
$514bn
Firms
165
Companies 5
4
SMEs
Market Stats (HKD)
Import/Export
$8.7tn
Firms
Total
340k+
Import/Export
106k+ 6
Remarks
- 1 Asset and Wealth Management Activities Survey 2019, released in August 2020 by Securities and Future Commission
- 2 Hong Kong Monetary Authority, 2019
- 3 Statista, Inc., 2020
- 4 PayDollar, 2020
- 5 Insurance Authority, 2020
- 6 Trade and Industry Department, 2020