Hong Kong Set to Leapfrog London as Global Finance Hub in 2026

Hong Kong could overtake London as the world’s No.2 financial centre next year, according to GCM Grosvenor CEO Michael Sacks at the Global Financial Leaders’ Investment Summit. He cited the city’s talent depth, international access, and rule of law as major strengths. Hermes Li of Aspex Management said Hong Kong should benefit as Chinese savers shift from property to equities and as more A-share tech firms pursue local IPOs, including CATL’s 2025 debut (stock code 3750). For family offices and asset managers, the city’s rebound in listings and capital flows presents new opportunities despite China’s slower economy. With 300 finance leaders attending the summit, the focus remains on whether policy support and investor sentiment will help Hong Kong close the gap with London while keeping New York on top.