Hong Kong tops Asia in the Global Financial Centres Index, while Shanghai returns to the world's top five
People's Daily Japanese Edition 17 September 2026 15:12
The UK think tank Z/Yen Group and the China (Shenzhen) Comprehensive Development Research Institute released the 40th Global Financial Centres Index (GFCI 40) report on the 16th in Busan, South Korea, and Shenzhen, Guangdong, China, respectively.
This GFCI survey covered 117 financial centre cities worldwide, with the top ten being New York, London, Hong Kong SAR, Singapore, Shanghai, Tokyo, Seoul, Shenzhen, Dubai, and Zurich.
The report shows that the top four remain unchanged, with New York leading London by 4 points. Compared to second-place London, third-place Hong Kong SAR is 1 point behind, and fourth-place Singapore is 2 points behind. Shanghai rose one place from last time, becoming fifth globally. Tokyo rose four places to sixth globally, its growth surpassing other top financial centre cities. Following Tokyo are Seoul, Shenzhen, Dubai, and Zurich, with Zurich replacing San Francisco in the new top ten. In the top 20, Abu Dhabi, Beijing, and Osaka replaced Paris, Amsterdam, and Frankfurt.
People's Daily Japanese Edition September 17, 2026

