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...)
Andy Lau Tak-wahSBSBBSMHJP (Chinese: 劉德華; Jyutping: Lau4 Dak1 Waa4; born Lau Fook-wing; 27 September 1961), previously credited as Ricky Chan in the Philippines, is a Hong Kong actor, singer-songwriter and film producer. He was named the "Fourth Tiger" among the Five Tiger Generals of TVB in the 1980s as well as one of the Four Heavenly Kings in the 1990s.
Image 7A 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 14Main 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 16Hong 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 17Victoria Harbour and Hong Kong Island in the 1860s (from History of Hong Kong)
Image 21Wing 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 26Pang 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 32Lion 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)
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