Hong Kong became home to worlds third largest stock market

Hong Kong 3rd largest stock exchange

Question: Hong Kongs 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 Kongs 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 Japans 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.

Links:
https://www.business-standard.com/article/international/hong-kong-s-stock-market-overtakes-japan-to-be-world-s-third-largest-119041000776_1.html