The International Basketball Federation (FIBA) announced Thursday the 3x3 World Tour season grand finale will be held in Hong Kong, China on November 23-24.

Mark Tallo (L) of Cebu Chooks from the Philippines defends Mihailo Vasic of Liman Huishan NE from Serbia during their quarterfinal match in the FIBA 3x3 World Tour Manila 2022 in Paranaque City, the Philippines on May 29, 2022. (Xinhua/Rouelle Umali)

This is the first time for Hong Kong to host this final, and the host team has a chance to compete in the season-ending stop of the 2024 World Tour.

According to competition rules, the top 11 teams in the season standings will automatically qualify for the Hong Kong Final. The 12th-ranked team, the host team (Hong Kong), and the team with the most combined Challenger and World Tour wins - excluding those already qualified - will battle for the remaining spot in a play-in event.

"The 13th edition of the FIBA 3x3 World Tour Final in Hong Kong is a testament to the city's growing importance in the 3x3 community and its ability to host world-class sporting events," said Alex Sanchez, Managing Director of FIBA 3x3. "After the success of our World Tour events here in the past two years and the recent FIBA 3x3 Universality Olympic qualifying tournament, it was a natural step to bring our biggest pro tour event to this vibrant city."

Ub Huishan NE of Serbia are seeking their third title in a row this season, which features 17 stops around the globe.