Portal:Hong Kong
The Hong Kong Portal
Hong Kong is a special administrative region of the People's Republic of China. With 7.4 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated territories 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 fourth-ranked global financial centre, 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 seventh-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 having the largest number of skyscrapers of any city in the world, housing in Hong Kong has been well-documented to experience a chronic persistent shortage. Hong Kong is a highly developed territory and has a Human Development Index (HDI) of 0.956, ranking fourth in the world. The city has one of the highest life expectancies in the world[broken anchor], and a public transport rate exceeding 90 per cent. (Full article...) Selected 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 second freest territory, with a score of 8.55 based on data from 2021. (Full article...)Selected biography -Martin Lee Chu-ming SC, JP (Chinese: 李柱銘; born 8 June 1938) is a Hong Kong politician and barrister. He is the founding chairman of the United Democrats of Hong Kong and its successor, the Democratic Party, Hong Kong's flagship pro-democracy party. He was also a member of the Legislative Council of Hong Kong from 1985 to 1997 and from 1998 to 2008. Nicknamed the "Father of Democracy" in Hong Kong, he is recognised as one of the most prominent advocates for democracy and human rights in Hong Kong and China. A barrister by profession, Lee served as the chairman of the Hong Kong Bar Association from 1980 to 1983. In 1985 he was elected to the Legislative Council, where he advocated strongly for the protection of human rights and democratic reform. He became involved in discussions over Hong Kong's handover to China, and in 1985 he joined the Hong Kong Basic Law Drafting Committee to assist in the drafting of Hong Kong's Basic Law, the city's mini-constitution post-handover. He was, however, expelled from the body in 1989 in the wake of the 1989 Tiananmen square crackdown, due to his condemnation of the Beijing government's role in the incident and his vocal support for the student protestors. (Full article...)Selected picture for June
Aeral photograph of Ma Wan. The small island in the upper part is Tang Lung Chau. General images -The following are images from various Hong Kong-related articles on Wikipedia.
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