Hong Kong tops the ranking of international financial centres (IFC) by foreign direct investments (FDI) in the financial services sector in the 12 months to the end of March 2013, having attracted a total of $1.32bn through 35 projects. The city-state has moved up one place in the ranking compared to the previous year's ranking.
Two other Asian cities, Shanghai and Beijing, also moved up the ranking to complete the top three. Climbing up from fifth to second place, Shanghai attracted a total of $1.29bn through 17 projects. Beijing moved from fourth to third place, having attracted $1.2bn through 16 projects.