Comparison of CB between Argentina and Hong Kong HK main event In 1983‚ Hong Kong established her Currency Board. Hong Kong dollar (HKD) has pegged with the US dollar (USD) at a rate of USD1 to HKD7.8. The major event that assaulted Hong Kong CB was the 1997 Financial Crisis. During that crisis‚ speculator attacked HKD by short selling them. Speculators used hedge funds and attacked the Hang Seng Index (HSI) at the same time. Although the HK government already imposed penalty on “repeated borrowers”
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about that the Mainland China visitor affecting Hong Kong tourism industry. For evidence for the most of Mainland people accounted for traveler in Hong Kong. The evidence will be mentioned the profile of them such as states and period by Yip Hiu Yi’s individual report. Lam Chi Longs individual assignment mentioned that spending of Mainland China traveler. According this report‚ we knoew whether they can substantially raise the revenue of Hong Kong. Moreover‚ “Zero-fee" tour was a hot topic in recent
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Essay The Reason of Hong Kong Being an International Trading Region “Business-friendly environment‚ rule of law‚ free trade and free flow of information‚ open and fair competition‚ well-established and comprehensive financial networks‚ superb transport and communications infrastructure‚ sophisticated support services‚ and well-educated workforce complemented by a pool of efficient and energetic entrepreneurs. Added to these are substantial foreign exchange reserves‚ a fully convertible and
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Gender Structure of Population in Hong Kong Lam Poon Hiu‚ Theresa Summary 1. Abstract 2. Introduction 3. Background 4. Statistics and Data Interpretation 4.1 Overview 4.2 Age Structure 4.3 Sex Structure 5. Observations 6.1 Ageing population 6.2 Surplus women 6. Suggestions on Policy 7. Predictions 8. Conclusion 9. References 1. Abstract Along with the social and economic development of Hong Kong during the past few decades‚ there
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Singapore has the edge over Hong Kong | Evidence from Macro-economic analysis | | | | | | | Singapore has the edge over Hong Kong Both known as “East Asian Tigers”‚ Hong Kong and Singapore share numerous similarities and are often compared by people‚ especially economists. Both being metropolises in East Asia with high population density and serving as most important financial centres not only in Asia but also in the world‚ the two cities appear like twin brothers prima
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Hong Kong is no longer a good place to live Do you enjoy living in Hong Kong? In these few years‚ it is not difficult to hear strong voice of opposition from the citizens and protest is often seen in Hong Kong. Also‚ it has been a hot debating issue that whether Hong Kong is a good place to live or not. This essay explains why Hong Kong is no longer a good place to live in the aspect of the environment‚ social harmony and housing in Hong Kong. Some people think that Hong Kong’s governance is
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Education Reform in Hong Kong: 334 System There are a number of controversies and debates on recent education reforms in Hong Kong. The most recent and debatable one is 334 Education System in 2012. In the following‚ it will first briefly look into the old and new education system. Also‚ it will explore the implications of the new education system to see the causes and consequences. By 2012‚ the 334 Education System replaced the 3223 Education System. The two systems are structurally
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about the foaminess of Chinea property market (both 1st and 2nd hand)‚ it shows that the risk ratios of the tier 1 cities is quite high. If you were investors and wealthy man‚ will you pour money into China property market ONLY? 2. Hong Kong Property Market In 2009‚ properites of HK bloom‚ especially for luxury properties‚ which are mainly driven by the millionaires (no‚ should be billionaires) from the mainland. The most shocking news is that the property prices continue to hit new
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[pic] THE CHINESE UNIVERSITY OF HONG KONG School of Accountancy ACY 3151 D– Company Law Preserve The Common Law Derivative Action in Hong Kong Presented to Professor C.K. LOW Submitted by Tony BAI Dongyi; Ashley CHEN Xi; Ri REN Xinyu; Zoe ZHOU Beinan 30 April 2010 Abstract This paper is a response to the First Phase Companies Ordinance Rewrite Consultation Paper Question 7 whether we should abolish the common law derivative action (the CDA) currently retained by sec. 168BC (4) in the amended
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International Journal of Public and Private Healthcare Management and Economics‚ 1(2)‚ 17-25‚ April-June 2011 17 The Politics of Health Finance Reform in Hong Kong Raymond K. H. Chan‚ City University of Hong Kong‚ Hong Kong ABSTRACT Since the late 1950s‚ Hong Kong’s public health services have increased. They are mainly funded by taxes‚ supplemented by minimal user fees. In the late 1980s‚ the government recognized the limitations of this financing model and subsequently proposed alternative
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