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3. Hong Kong

GFCI 6 Rating: 729

Generally considered one of the world's leading financial centers, Hong Kong ranks third overall in this year's report. The Hong Kong Stock Exchange is this sixth largest in the world, and the government has chosen to play a more passive role in the financial industry compared to other developed economies. Across the board, Hong Kong ranks at #3 in the Z/Yen Group's major sub-indices, except for in government regulation and professional services, where it ranks in the #4 spot.

Photo: AP