Portal:Hong Kong
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...) 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 freest economy, with a score of 8.58 based on data from 2022. (Full article...) Selected biography -Sir Charles Kao Kuen (simplified Chinese: 高锟; traditional Chinese: 高錕; pinyin: Gāo Kūn) (November 4, 1933 – September 23, 2018) was a Chinese physicist and Nobel laureate who contributed to the development and use of fibre optics in telecommunications. In the 1960s, Kao created various methods to combine glass fibres with lasers in order to transmit digital data, which laid the groundwork for the evolution of the Internet and the eventual creation of the World Wide Web. Kao was born in Shanghai. His family settled in Hong Kong in 1949. He graduated from St. Joseph's College in Hong Kong in 1952 and went to London to study electrical engineering. In the 1960s, Kao worked at Standard Telecommunication Laboratories, the research center of Standard Telephones and Cables (STC) in Harlow, and it was here in 1966 that he laid the groundwork for fibre optics in communication. Known as the "godfather of broadband", the "father of fibre optics", and the "father of fibre optic communications", he continued his work in Hong Kong at the Chinese University of Hong Kong, and in the United States at ITT (the parent corporation for STC) and Yale University. Kao was awarded the Nobel Prize in Physics for "groundbreaking achievements concerning the transmission of light in fibres for optical communication". In 2010, he was knighted by Queen Elizabeth II for "services to fibre optic communications". (Full article...) Selected picture for February
Statue of Queen Victoria (foreground) and the skyline (background) visible from Victoria Park
General images -The following are images from various Hong Kong-related articles on Wikipedia.
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