HONG KONG –Still the No.1 Financial Centre in China? Hong Kong has been a major financial centre in Asia for the past decade. Starting off as a fishing village‚ Hong Kong soon developed into a trading centre and then a financial centre. After overcoming a lot of difficulties‚ such as the handing over of Hong Kong in 1997‚ the 911 incident which caused the world’s stock market to fall by a landslide‚ Hong Kong is becoming increasingly prosperous. But with Mainland China’s accelerating economic
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Popular Nomination in Hong Kong Wong Ho Long Hang Seng Management College Author Note Informative/Argumentative essay written by S136688 Wong Ho Long as ENG2010 Assignment Number 2 for Peter James Ronald Brokenshire. Popular Nomination in Hong Kong Recently‚ the Universal Suffrage is being discussed by the Hongkongers. One of the controversial issue is the popular nomination for the election of Chief Executive. This essay demonstrates the difference and the comparison of views of two parties
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Wasteful lifestyle of Hong Kong On a gloomy Sunday morning‚ you woke up and saw the buildings were destroyed by the heavy acid rain. Then‚ you just sat on the sofa and started eating unpalatable breakfast which was overnight food and smell fusty. You feel tedious as the electric was cut off ‚ no computer games and no television shows. The stinking smell made you sick and began to vomit. Fortunately‚ this awful situation is an imagination only. But if Hong Kong people still have the wasteful lifestyle
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It has been more than 15 years since the handover of HK to mainland China. People of the 2 places are supposed to be more initmate. In fact‚ we do have an increasing amount of interaction. Yet‚ the more interaction we have‚ the more conflicts we have. There have been different conflicts between us in the recent years‚ from right of abode to the purchase of milk powder for infants. One of the hot issues‚ is tourists from mainland China. With the Individual Visit Scheme‚ we are able to communicate
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high-flying rivalry Hong Kong may still be the dominant regional banking centre but Singapore is an ever more favoured location. When Thomas McMahon and his Indian backers were deciding where to locate an Asian commodities exchange‚ they turned initially to Hong Kong – attracted by its proximity to China and the mainland’s booming‚ commodity-hungry economy. Three years later‚ the exchange‚ a subsidiary of India’s Financial Technologies group is about to open – not in Hong Kong but nearly four hours
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qu’aujourd’hui Hong Kong est une place financière internationale ? A) Période de la colonisation anglais à 1995 B) 1995-2002 II) Compétitivité de la place financière: son infrastructure légale‚ son système solide de régulation ( HKMA)‚la compétitivité des banques‚ de la Bourse et de l’industries de l’assurance . A)Le Rôle de HKMA dans l’ouverture internationale 1) Qu-est ce que HKMA (Hong Kong Monetary Authority)? 2) Son rôle dans l’ouverture internationale de Hong Kong. 3) HKMA dans
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Imperialist domination and decolonization in Hong Kong and Mainland China have their differences. Both Hong Kong and Mainland China have reasons for changes in both areas. Changes during World War II affected both Hong Kong and Mainland China. Between the years 1841-1941 Hong Kong was under British Colony rule. Imperialism of Hong Kong was in the late 1800’s and this was a time that growth for the British colonies was first for this country. The British or United Kingdom wanted areas of Asia and
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The Hong Kong Umbrella Revolution is the largest protest in Hong Kong since 1989. This protest had drawn world media attention even overshadowed every international news. The major cause of this revolution is the mutual trust between Hongkongers and Chinese government are going from bad to worse. Hongkongers has accumulated their discontent over years and it made the "White Paper" became the fuse of Umbrella Revolution. In fact‚ there are many reasons causing this protest happened‚ in a simple way
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CORPORATE GOVERNANCE OF HONGKONG 1. Overview of recent corporate governance reforms A. Recent initiatives There have been numerous recent changes in Hong Kong in relation to corporate governance matters‚ extending well beyond legislation and nonbinding codes. The roles of relevant regulators have also been examined and proposed changes made. As far as legislation is concerned‚ the most significant change is the introduction of the Securities and Futures Ordinance‚ which came into force on
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LEE HAN SEONG (Bill) 2010555699 Potential advantages of the minimum wage law in Hong Kong Implementation of a reasonable amount of minimum wage is necessary for the current situation in Hong Kong. Minimum wage law prohibits workers or employees hired for less than a given hourly‚ daily or monthly minimum wage (Filion‚ 2009). Hong Kong is facing a difficulty of wealth gap. Although Hong Kong has a great reputation of the financial hub and one of the most affluent cities‚ its wealth gap is the
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