Explain of how the Linked Exchange Rate System works in Hong Kong. A Linked Exchange Rate systems function is to keep a currency stabile to another. In this manner‚ the HK Dollar has been linked to US Dollar at the rate of 7.8 HKD to 1 USD‚ since 1983. In order to maintain this exchange rate‚ any change in the monetary base is fully backed by a corresponding change in the respective currency at this exchange rate. Most banknotes in HK are issued by three note-issuing banks. So for example
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Strategic Management Process: Ocean Park Hong Kong Table of Contents Introduction. 2 Ocean Park Hong Kong. 3 External Environments of Ocean Park. 4 PEST Analysis. 4 Political Analysis. 5 Economic Analysis. 5 Social Analysis. 6 Technological Analysis. 6 Industry Analysis. 7 Five Forces Analysis. 7 Threat of New Entry. 8 Threat of Rivalry. 8 Threat of Substitution. 9 Threat of Suppliers. 9 Buyer Power 10 Competitor Analysis. 10 Disneyland. 10 Wetland Park. 11 Internal Environments of Ocean Park. 12
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Following Sorrita’s illustration on IDWs’ enjoying nightlife in Hong Kong‚ Susanti provides similar observation. Some IDWs‚ indeed‚ are the regular pubs visitors. Susanti gives example of an IDWs named Lasmini who engages in this particular life style simply because of her circle. Two consecutive days‚ she went with Made and friends visiting discotheque days and nights. She went back to consume alcoholic drink and ecstasy. “I have no place to sleep. Therefore‚ every time I left discotheque in the
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Shouldn’t same sex marriage be legalised in Hong Kong? Outline Introduction Significance Arguments Conclusion 1. Introduction Introduction:Background Information Gay marriage around the world The Economist‚19 Nov Introduction:Background Information News: Overseas Sky Post‚ 26 Mar Introduction-Definition MARRIAGE A publicly acknowledged and supported union between a man and a woman Is recognized by law: Creates rights and obligations
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Violence gangs and triad society Introduction Violence committed by young people is one of the most visible forms of violence. The ratio of youth is the largest in offending crime of violence‚ the reason is the involvement of triad society’s activities. (車焯堅‚2000) Local scholars have pointed out that‚ all youth gangs is related to triad society‚ the member of youth gangs identify with the subculture of triad society‚ it is easy to involve in crimes. (HKFYG‚ 2000) Due to the tally of youth gang
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The social and legal aspects of homosexuality in Hong Kong In 1988‚ there was an intense argument on whether to legalize homosexuality. Different groups expressed their views on public discussion hold in Victoria Park. A group of homosexual men declared that they have the same contribution to the society as others. The existed law infringes on their human right. On the other hand‚ Dr. Philemon Choi who opposed decriminalization was afraid of the impacts of decriminalization such as the increase
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McDonald’s Hong Kong Perry‚ my hubby‚ rarely steps into McDonald’s in US. But he loves to step into those in Hong Kong. According to him‚ the food is great and places are nice and clean. So‚ every time we go back‚ there’s a routine to have our breakfast in McDonald’s every morning. Also‚ according to him‚ a few of them serve better food‚ such as the one close by the Pacific Place and the Festival Walk. Our latest visit in Hong Kong proved that he was 100% correct. We were in a different
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ADVANCED CORPORATE FINANCE Chase’s Strategy for Syndicating the Hong Kong Disneyland Loan Group 1 AFNONIN‚ Artem 3035162144; ARDERN‚ Jeffrey 3035160914; GUPTA‚ Agrata 3035161097; KUTUZOVA‚ Ekaterina 3035162156; Disneyland - Chase Case Study Q1: How should Chase have bid in the first round competition to lead the HK$3.3 billion Disneyland financing? After being approached by Disney to raise HK$3.3 billion nonrecourse loan package on a fully underwritten basis‚ Chase had three options available
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Cyber Bully”‚ there are too many motives and reasons to cause cyber bullying. Parry found that boredom‚ meanness and power are the three main motives cause cyber bullying. (59) Moreover‚ difficult to get caught‚ and it didn’t involve face-to-face communication also are key reasons to cause this behavior. (59) Furthermore‚ Parry identified four kinds of
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CCCH 9033 Sustainable Urban Development and Hong Kong Individual Essay Topic 2: Sustainability and Cross-boundary Mega Infrastructure Planning in Hong Kong: A Case Study of Zhuhai-Macau-Hong Kong Bridge. Accompanied with the higher level of globalization and increasingly saturated domestic market‚ modern cities and countries start gauging carefully the possible options to promote economic interaction with neighbor regions. This scenario‚ as a result‚ gives birth to many cross-boundary mega
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