Hong Kong's Global Financial Centre and China's Development PDF Download

Author: Yan-leung Cheung
Publisher: Taylor & Francis
ISBN: 1317284771
Category : Social Science
Languages : en
Pages : 154

View

Book Description
This book provides an overview of Hong Kong’s role as an international financial centre, focusing especially on how Hong Kong has contributed significantly, and continues to contribute significantly, to China’s economic development. It considers the importance of Hong Kong’s stock market in raising finance for Chinese companies, explores the potential of Hong Kong as an offshore financial centre, and discusses recent regulatory reforms. It concludes by assessing the prospects for Hong Kong’s continuing success as a global financial centre, and puts forward recommendations for policies which would help secure continuing success.

Author: Yan-leung Cheung
Publisher: Routledge
ISBN: 1317284763
Category : Social Science
Languages : en
Pages : 143

View

Book Description
This book provides an overview of Hong Kong’s role as an international financial centre, focusing especially on how Hong Kong has contributed significantly, and continues to contribute significantly, to China’s economic development. It considers the importance of Hong Kong’s stock market in raising finance for Chinese companies, explores the potential of Hong Kong as an offshore financial centre, and discusses recent regulatory reforms. It concludes by assessing the prospects for Hong Kong’s continuing success as a global financial centre, and puts forward recommendations for policies which would help secure continuing success.

Author: Stephen Chiu
Publisher: Routledge
ISBN: 1134600631
Category : History
Languages : en
Pages : 234

View

Book Description
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.

Author: Dr Catherine Schenk
Publisher: Routledge
ISBN: 1134626045
Category : Business & Economics
Languages : en
Pages : 304

View

Book Description
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

Author: Youssef Cassis
Publisher: Oxford University Press
ISBN: 0192549456
Category : Business & Economics
Languages : en
Pages : 316

View

Book Description
As well as marking the tenth anniversary of the collapse of Lehman Brothers and the consequent unleashing of the global financial crisis, 2018 is also the year of negotiations on the terms of the UK's exit from the European Union. Within a decade the banking world has witnessed two epochal events with potential to redraw the map of international financial centres: but how much has this map actually changed since 2008, and how is it likely to change in the near future? International Financial Centres after the Global Financial Crisis and Brexit gathers together leading economic historians, geographers, and other social scientists to focus on the post-2008 developments in key international financial centres. It focuses on the shifting hierarchies of New York, London, Paris, Geneva, Zurich, Frankfurt, Singapore, Hong Kong, Beijing, Shanghai, and Tokyo to question whether Asian financial centres have taken advantage of the crisis in the West. It also examines the medium-effects of the crisis, the level of regulation, and the rise of new technology (fintech). By exploring these crucial changes, it questions whether shifts in the financial industry and the global landscape will render these centres unnecessary for the functioning of the global economy, and which cities are likely to emerge as hubs of new financial technology.

Author: Yushi Jiang
Publisher: Springer Nature
ISBN: 9464631422
Category : Business & Economics
Languages : en
Pages : 838

View

Book Description
This is an open access book.Financial globalization plays a huge role in promoting the development of the world economy and the optimal allocation of world resources, stimulates the accelerated development of the international division of labor, and increases the international flow of production factors such as industrial transfer, capital transfer, and technology transfer. It enables developing countries to make up for the lack of their own capital and technology, and obtain industrial evolution, technological progress, and institutional innovation, thereby accelerating the speed of economic development; it also enables developed countries to open up cheap labor, raw material markets and broad consumer markets, prolonging product value. More profits, ease the economy, the contradiction of stagflation, and restore economic growth. The 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023) aims to accommodate this need, as well as to: 1. provide a platform for experts and scholars, engineers and technicians in the field of financial Innovation and economic development to share scientific research achievements and cutting-edge technologies 2. Understand academic development trends, broaden research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements 3. Promote the institutionalization and standardization of Financial Innovation and Economic Development through modern research 4. Increasing the number of scientific publications for financial Innovation and economic development

Author: Flora Huang
Publisher: Bloomsbury Publishing
ISBN: 1509949305
Category : Law
Languages : en
Pages : 281

View

Book Description
This significant and timely book explores a novel market mechanism, Stock Connect, which gives mutual market access to Chinese and international investors, and provides original analyses and fresh insights. This mechanism could become the new normal in future global financial integration. By examining this cross-border scheme from a regulatory perspective via a three-tiered analytical framework (investors, issuers and regulators), this book unearths the profound implications of Stock Connect to local and global financial markets and the legal impediments to its implementation. It covers a broad range of topics in this cross-boundary investment channel, including an overview of four existing connectivity arrangements (Shanghai-Hong Kong, Shenzhen-Hong Kong, Shanghai-London and China-Switzerland), the uniqueness of these connectivity arrangements, investor protection, regulations of connect issuers, regulatory cooperation and enforcement, the impacts on local and global financial markets, the implications for the world market connectivity as well as the challenges and future of Stock Connect. This pioneering study will appeal to a broad range of readers who are interested in the on-going reshaping of international financial systems and China's emerging influence in the international financial order.

Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9814579459
Category : Business & Economics
Languages : en
Pages : 1164

View

Book Description
China is emerging as one of the economic giants of the world, and is gaining international influence and global leadership that commensurate with its rise. China's performance will have far-reaching consequences on whether the economic awakening of the country, which began more than three decades ago, can become a good model to be emulated by other developing economies.This book is a collection of policy papers and data-sets for the 34 Greater China economies. With a comprehensive approach to competitiveness, the research by Asia Competitiveness Institute (ACI) at Lee Kuan Yew School of Public Policy, National University of Singapore, takes into account different factors that collectively shape the ability of a nation to achieve substantial and inclusive economic development over a sustained period of time.ACI's methodology goes beyond rankings as it conducts policy simulations on how each economy can improve its competitiveness. These policy simulations are a compelling value-added proposition as they enable policymakers, industry leaders and administrators to identify relative challenges and opportunities, and to prioritise areas in crafting public policies and development strategies.

Author: Pui-yin Ho
Publisher: Edward Elgar Publishing
ISBN: 1788117956
Category : Architecture
Languages : en
Pages : 398

View

Book Description
This insightful book provides a comprehensive survey of urban development in Hong Kong since 1841. Pui-yin Ho explores the ways in which the social, economic and political environments of different eras have influenced the city's development. From colonial governance, wartime experiences, high density development and adjustments before and after 1997 through contemporary challenges, this book explores forward-looking ideas that urban planning can offer to lead the city in the future. Evaluating the relationship between town planning and social change, this book looks at how a local Hong Kong identity emerged in the face of conflict and compromise between Chinese and European cultures. In doing so, it brings a fresh perspective to urban research, providing historical context and direction for the future development of the city. Hong Kong's urban development experience offers not only a model for other Chinese cities but also a better understanding of Asian cities more broadly. Urban studies scholars will find this an exemplary case study of a developing urban landscape. Town planners and architects will also benefit from reading this comprehensive book as it shows how Hong Kong can be taken to the next stage of urban development and modernisation.

Author: Gordon C.K. Cheung
Publisher: Edward Elgar Publishing
ISBN: 1784714917
Category : China
Languages : en
Pages : 170

View

Book Description
Is the US losing its economic authority to China, whose global economic identity is being determined more by entrepreneurial spirit than developmental principle? Through the exercise of soft power and hard currency in some areas of the global economy, China has clear national interest in the protection of intellectual property rights, financial integration and sovereign wealth funds. China’s Belt and Road Initiative and the Asian Infrastructure Investment Bank will set new standard to global economic development.