The economy of Hong Kong is a highly developedfree-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...)
Chow Wing Kan(Ken) (born 26 October 1966), was a member of the Hong Kong Progressive Alliance and the Liberal Party, and is a political figure of the Hong Kong Pro-Beijing camp. He has worked in the district of Tin Shui Wai, Yuen Long District for many years. He served as a member of the Yuen Long District Council from October 1994, being re-elected five times until he failed in 2019, amid a sweeping Pan-democrat victory.
Chow Wing Kan and Chow Liang Shuk-yee jointly formed the list to represent the Liberal Party in the 2008 Hong Kong Legislative Council election in the New Territories West Constituency, but both failed. In the 2016 Hong Kong Legislative Council election, he once again competed for the New Territories West seat on a one-person list, but withdrew from all election activities after he reported receiving threats from persons in China, in an incident that was widely reported. (Full article...)
Image 2Wing Lung Wai, a walled village in Kam Tin; Hong Kong indigenous people built walled villages to protect themselves from rampant privates between 15th to 19th century. (from Culture of Hong Kong)
Image 8People honouring gods in a dajiao celebration, the Cheung Chau Bun Festival (from Culture of Hong Kong)
Image 9Main building of University of Hong Kong; Being a former British colony, Hong Kong naturally has a lot of British architecture, especially in government buildings. (from Culture of Hong Kong)
Image 13Hong Kong international airport was moved from Kai Tak to Chep Lap Kok. Photograph of Kai Tak taken the day after it closed. (from History of Hong Kong)
Image 26A Mazu temple in Shek Pai Wan; It clearly shows traits of classical Lingnan style - pale colour, rectangular structures, use of reliefs, among others. (from Culture of Hong Kong)
Image 29Pang uk in Tai O; Pang uks were built by Tanka people, who had the traditions of living above water and regarding it as an honour. (from Culture of Hong Kong)
Image 30A statue of McDull, a Hong Kongers cartoon character; He is now known throughout East Asia. (from Culture of Hong Kong)
Image 36Lion Rock is also symbolic of Hong Kong. Hong Kongers has a term - "Beneath the Lion Rock" (獅子山下) - which refers to their collective memory of Hong Kong in the second half of the 20th century. (from Culture of Hong Kong)
Image 37Victoria Harbour and Hong Kong Island in the 1860s (from History of Hong Kong)
... that YouTube channel Trial & Error's manner of selling live-show tickets—HK$10,000 on day one, $5,000 on day two, all the way to $10 on day 24—appeared on a university entrance exam?
... that Hong Kong native Grace Ho gave birth to her fourth child, Bruce Lee, while on a one-year tour through the United States with the Mandarin Theatre?
... that Hong Kong's Law Uk(pictured) is the sole surviving village house and the last example of traditional Hakka housing in Chai Wan, a former Hakka village?
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