Question: Hong Kong
s stock market overtook stock exchange of which country to become the third largest stock market?
(a) China
(b) UK
(c) France
(d) Japan
Answer: (d)
Related facts:
- The Hong Kong
s equity stock market overtook Japan to become the world’s third largest stock market in value.
It is now behind only the U.S. and mainland China.
Hong Kong was hit hard since 2011 recession in their stock market but rebounded later and overtook Japan
s market.- As per data compiled by Bloomberg, Hong Kong’s market cap was $5.78 trillion as on 9th April, 2019 compared with $5.76 trillion for Japan.