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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	12/13/2011 9:30:55 PM
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Hong Kong Tops U.S., U.K. in Financial Market Growth By Sanat Vallikappen - Dec 13, 2011 Hong Kong topped the World Economic Forum’s 2011 index of financial market development, supplanting the U.S. and U.K. from the highest rankings for the first time. The U.S. and U.K. each dropped one place from last year to rank second and third respectively in the forum’s fourth annual Financial Development Report published yesterday. Hong Kong jumped from fourth, making it the first Asian financial center to lead the 60-country index, helped by non-banking services such as initial public offerings and insurance, it said. bloomberg.com

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