The 39th Global Financial Centers Index report is released, with Hong Kong and Shenzhen maintaining their positions as the top two financial technology hubs in the world.

On March 26, the UK think tank Z/Yen Group and the China (Shenzhen) Institute of Comprehensive Development Research jointly released the 39th Global Financial Centres Index (GFCI 39) report simultaneously in London and Shenzhen. This edition’s ranking covers 120 financial centers; Shenzhen’s overall ranking remains the ninth globally, and the strength of fintech in the Hong Kong–Shenzhen region continues to rank among the top two in the world. The report assesses financial centers across five major dimensions: business environment, human capital, infrastructure, the level of development of the financial industry, and reputation. The top ten global financial centers are ranked as follows: New York, London, Hong Kong, Singapore, San Francisco, Shanghai, Dubai, Seoul, Shenzhen, and Tokyo. The top five centers’ rankings are unchanged from the previous edition, while positions six through ten have shifted. Top financial centers have formed two tiers: the first tier—New York, London, Hong Kong, and Singapore—has a scoring gap of only 1 point; the second tier—San Francisco, Shanghai, Dubai, Seoul, Shenzhen, and Tokyo—faces a gap of about 20 points from the first tier, with internal differences narrowed to 1 point, making the competition fierce. (Sina Finance)