Hong Kong poised to overtake London, New York as top finance hub: GFCI creator

Z/Yen Group chairman Michael Mainelli predicts an Asian city, likely Hong Kong, will eventually surpass London and New York as the world's leading financial centre, citing Hong Kong's legal predictability and low tax burden. The claim is an expert projection based on narrowing GFCI score gaps, not a current ranking change. This matters as it signals a potential long-term shift in global financial center hierarchy, with implications for capital flows and regulatory competition.