Hong Kong as an International Financial Centre

Hong Kong as an International Financial Centre
Author: Y. C. Jao
Publisher:
Total Pages: 200
Release: 1997
Genre: Business & Economics
ISBN:

This book analyzes the role of Hong Kong as a prominent financial centre . Issues such as taxonomy of financial centres, reasons for Hong Kong's past success, competition from other centres, policy issues, and speculation upon Hong Kong's future are discussed.

Hong Kong as an International Financial Centre

Hong Kong as an International Financial Centre
Author: Dr Catherine Schenk
Publisher: Routledge
Total Pages: 304
Release: 2001-03-15
Genre: Business & Economics
ISBN: 1134626045

Based on previously unpublished archival records, this book studies the origins of Hong Kong's post war rise to global prominence. It explores the expansion of the gold market, stock market, banking system, foreign exchange market, and insurance in the years 1945-1965. This book makes a significant contribution to our understanding of the developme

Hong Kong as an International Financial Centre

Hong Kong as an International Financial Centre
Author: Dr Catherine Schenk
Publisher: Routledge
Total Pages: 225
Release: 2001-03-15
Genre: Business & Economics
ISBN: 1134626053

Based on previously unpublished archival records, this book makes a significant contribution to our understanding of the development of Hong Kong as one of the worlds premier international financial centres.

Hong Kong

Hong Kong
Author: Stephen Chiu
Publisher: Routledge
Total Pages: 234
Release: 2009-06-09
Genre: History
ISBN: 1134600631

Hong Kong is a small city with a big reputation. As mainland China has become an 'economic powerhouse' Hong Kong has taken a route of development of its own, flourishing as an entrepot and a centre of commerce and finance for Chinese business, then as an industrial city and subsequently a regional and international financial centre. This volume examines the developmental history of Hong Kong, focusing on its rise to the status of a Chinese global city in the world economy. Chiu and Lui's analysis is distinct in its perspective of the development as an integrated process involving economic, political and social dimensions, and as such this insightful and original book will be a core text on Hong Kong society for students.

Financial Markets in Hong Kong

Financial Markets in Hong Kong
Author: Berry Fong-Chung Hsu
Publisher: Oxford University Press, USA
Total Pages: 574
Release: 2006
Genre: Business & Economics
ISBN:

This is an essential text for anyone working in the financial markets in Hong Kong. The book, written by a team of market professionals and academics associated with the Asian Institute of International Financial Law of the University of Hong Kong, provides a comprehensive review of the regulation of Hong Kong's financial markets

A Financial Centre for Two Empires

A Financial Centre for Two Empires
Author: David C. Donald
Publisher: Cambridge University Press
Total Pages: 295
Release: 2014-06-19
Genre: Business & Economics
ISBN: 1107004802

An historical, empirical, doctrinal and comparative case study of how a former British colony became China's international financial centre.

Made in Hong Kong

Made in Hong Kong
Author: Peter E. Hamilton
Publisher: Columbia University Press
Total Pages: 295
Release: 2021-01-05
Genre: History
ISBN: 0231545703

Between 1949 and 1997, Hong Kong transformed from a struggling British colonial outpost into a global financial capital. Made in Hong Kong delivers a new narrative of this metamorphosis, revealing Hong Kong both as a critical engine in the expansion and remaking of postwar global capitalism and as the linchpin of Sino-U.S. trade since the 1970s. Peter E. Hamilton explores the role of an overlooked transnational Chinese elite who fled to Hong Kong amid war and revolution. Despite losing material possessions, these industrialists, bankers, academics, and other professionals retained crucial connections to the United States. They used these relationships to enmesh themselves and Hong Kong with the U.S. through commercial ties and higher education. By the 1960s, Hong Kong had become a manufacturing powerhouse supplying American consumers, and by the 1970s it was the world’s largest sender of foreign students to American colleges and universities. Hong Kong’s reorientation toward U.S. international leadership enabled its transplanted Chinese elites to benefit from expanding American influence in Asia and positioned them to act as shepherds to China’s reengagement with global capitalism. After China’s reforms accelerated under Deng Xiaoping, Hong Kong became a crucial node for China’s export-driven development, connecting Chinese labor with the U.S. market. Analyzing untapped archival sources from around the world, this book demonstrates why we cannot understand postwar globalization, China’s economic rise, or today’s Sino-U.S. trade relationship without centering Hong Kong.

Why Complementarity Matters for Stability—Hong Kong SAR and Singapore as Asian Financial Centers

Why Complementarity Matters for Stability—Hong Kong SAR and Singapore as Asian Financial Centers
Author: Mrs.Vanessa Le Lesle
Publisher: International Monetary Fund
Total Pages: 46
Release: 2014-07-08
Genre: Business & Economics
ISBN: 149835713X

There is much speculation regarding a “race for dominance” among financial centers in Asia, arising from the anticipated financial opening up of China. This frame of reference is, to an extent, a predilection that results from a traditional understanding of financial centers as possessing historical, geographic, and scale economy advantages. This paper, however, suggests that there is an alternative prism through which the evolution of financial centers in Asia needs to be viewed. It underscores the importance of “complementarity” rather than “dominance” to better serve regional and global financial stability. We posit that such complementarity is vital, through network analysis of the roles of Hong Kong SAR and Singapore as the current leading financial centers in the region. This analysis suggests that a competition for dominance can result in de-stabilizing levels of interconnectivity that render the global “network” as a whole more susceptible to rapid propagation of shocks. We then examine the regulatory and policy challenges that may be encountered in furthering such complementary coexistence.

The Role of offshore Centers in International Financial Intermediation

The Role of offshore Centers in International Financial Intermediation
Author: Marcel Cassard
Publisher: International Monetary Fund
Total Pages: 68
Release: 1994-09-01
Genre: Business & Economics
ISBN: 1451946783

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Hong Kong as a Global Metropolis

Hong Kong as a Global Metropolis
Author: David R. Meyer
Publisher: Cambridge University Press
Total Pages: 292
Release: 2000-05-04
Genre: History
ISBN: 1139427857

Hong Kong has remained the global metropolis for Asia since its founding in the 1840s following the Opium Wars between Britain and China. David Meyer traces its vibrant history from the arrival of the foreign trading firms, when it was established as one of the leading Asian business centres, to its celebrated handover to China in 1997. Throughout this period, Hong Kong has been prominent as a pivotal meeting place of the Chinese and foreign social networks of capital and as such has been China's window on to the world economy, dominating other financial centers such as Singapore and Tokyo. Looking into the future, the author presents an optimistic view of Hong Kong in the twenty-first century, challenging those who predict its decline under Chinese rule. This accessible and broad-ranging look at the story of Hong Kong's success will interest anyone concerned with its past, present and future.