Balance between Hong Kong and Singapore ‘vital’ for financial stability

hong-kong-island
Hong Kong

The "complementarity" of the financial centres in Hong Kong and Singapore is "vital" to regional and global financial stability, according to researchers at the International Monetary Fund (IMF).

Hong Kong and Singapore are the two largest international financial centres in Asia. They have both grown in size and interconnectedness in the past 20 years but, importantly, in very different ways.

A working paper, published earlier this week, analyses their relationship and finds they "seem to comple

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: