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Hong Kong is an important banking and financial centre in the Asia Pacific. As at end-2016, there were 195 authorized institutions and 54 representative offices in Hong Kong. Total loans provided by the authorized institutions to finance international trade and other loans for use outside Hong Kong amounted to US$хх.х billion and US$ххх.х billion respectively. According to the Bank for International Settlements, Hong Kong is the second largest foreign exchange market in Asia and the fourth largest in the world in 2016, with the net daily average turnover of forex transactions reaching US$ххх billion.
Number of graphs and diagrams – 3
Number of tables – 8
Number of drawings – 0
Number of pages – 14
Preparation date of the market review – August 2017