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Portal:Hong Kong

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The Hong Kong Portal

Hong Kong is a special administrative region of China. With 7.4 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is the fourth most densely populated region in the world.

Originally a sparsely populated area of farming and fishing villages, the territory is now one of the world's most significant financial centres and commercial ports. Hong Kong is the world's third-ranked global financial centre (behind New York City and London), ninth-largest exporter, and eighth-largest importer. Its currency, the Hong Kong dollar, is the ninth most traded currency in the world. Home to the second-highest number of billionaires of any city in the world, Hong Kong has the largest number of ultra high-net-worth individuals. Although the city has one of the highest per capita incomes in the world, severe income inequality exists among the population. Despite being the city with the most skyscrapers in the world, housing in Hong Kong is consistently in high demand.

Hong Kong is a highly developed territory and has a Human Development Index (HDI) of 0.956, ranking fourth in the world and currently the only place in Asia to be in the top 5. The city has the highest life expectancy in the world, and a public transport usage exceeding 90 per cent. (Full article...)

The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority.

Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising the majority. The Economic Freedom of the World Index lists Hong Kong as the freest economy, with a score of 8.58 based on data from 2022. (Full article...)

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Chow Yun-fat in 2007

Chow Yun-fat SBS (born 18 May 1955), previously known as Donald Chow, is a Hong Kong actor and filmmaker. Known for his versatility, encompassing action to melodrama and comedy and historical drama, he is the recipient of various accolades, including three Hong Kong Film Awards for Best Actor and two Golden Horse Awards for Best Actor. In a film career spanning more than forty years, Chow has appeared in over 100 television drama series and films.

Chow was propelled to fame by TVB dramas such as The Good, The Bad And The Ugly (1979) and The Bund (1980). His first acclaimed film was the Hong Kong political drama The Story of Woo Viet (1981), in which he played a Vietnamese refugee struggling to reach the United States. He is known for his collaborations with filmmaker John Woo in five Hong Kong action films: A Better Tomorrow (1986), which made Chow a box-office superstar in Asia, A Better Tomorrow II (1987), The Killer (1989), Once a Thief (1991), and Hard Boiled (1992). He also starred in the video game Stranglehold (2007), produced by Woo. Chow also made several popular action films with Hong Kong director Ringo Lam, including City on Fire (1987), Prison on Fire (1987), and Full Contact (1992). Chow is credited for bringing Hong Kong gangster films to world prominence. (Full article...)

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Tsing Ma Bridge with the beautiful colours by night.
Photo credit: 39kschan

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East Kowloon Corridor
East Kowloon Corridor

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