The development of Hong Kong as an international financial center and the prospect of constructing Shanghai as the next one : based on a comparative functional study

Abstract

Shanghai is a building international financial center. And, Hong Kong as a part of China has been the one of the most important international financial centers for many years. At present, it is rare to find the literatures which compare the two cities comprehensively, especially from the financial system’s functional aspects. Therefore, this thesis would be committed to this point, which aims to conclude experiences from Hong Kong’s success and provide suggestions to the construction of Shanghai.