liberalization. 6¦1 Trends ¨C formation of alliances Along the process‚ we have adopted the principles from both microeconomics and macroeconomics in evaluating the influence to the internal (the firms) and the external (whole economy). Based on the analysis‚ we have observed that the industry environment is changing‚ from Oligopoly to a more competitive environment (oligopoly still exists but at a lesser effect)‚ gradually even after the evolution of ¡°hub and spoke¡± because of deregulation. In the
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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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Corporate Governance in Hong Kong 1. Corporate Governance in Hong Kong Hong Kong’s position as an international economic and financial center is attributed to its exemplary corporate governance. With Hong Kong’s various authorities and regulatory bodies emphasizing on transparency and accountability for listed companies‚ Hong Kong was ranked first for corporate governance among 11 Asian countries in 2007. (Refer to Appendix 1) The Stock Exchange of Hong Kong (SEHK) describes corporate
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Hong Kong International Airport Students Name/ ID No. : 1. Lee Pin Lit 2. Ng Wei Han 3. Yong Zi Lip 4. Lee Leong Yong 5. Loo Jia Long Lecturer Name : Shervin Motamedi ( M. Sc ) Table of Contents * Introduction * Design * Construction Stage and Process * Intentions of management or designer * Environmental risk mitigation * Conclusion Introduction : Hong Kong International Airport is one of the greatest civil engineering
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HONG KONG : THE FACTS The Port Hong Kong is fortunate in having a sheltered natural harbour‚ which provides good access and a safe haven for vessels calling at the port from around the world. The port has always been a key factor in the development and prosperity of Hong Kong‚ which is strategically located on the Far East trade routes and is in the geographical centre of the now fast-developing Asia-Pacific Basin. In terms of tonnage of shipping using its facilities‚ cargo handled
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rapid development. In Hong Kong‚ however‚ it was not until the recent years that the city ’s government‚ citizens and the media have brought more attention to the development of the city ’s cultural and arts scene and preservation of the former British colony ’s unique cultural heritage. In response to the social unrest‚ the government has begun to develop a specific strategy with regard to the arts and culture. One main focus of their strategies lies in the preservation of Hong Kong cultural heritage
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Causes of Poverty in Hong Kong The Hong Kong Government is planning to set an official poverty line in the year 2013. The threshold is expected to be set at half of the median household income. Despite Hong Kong being a socially and economically developed city‚ hidden within the crowd of seven million citizens though are people living lives of poverty. This poverty indictor might just pin-point the social groups in society that is in need of help. However‚ disregarding the poverty line‚ certain
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Hongkong Business Culture 1. Overview Hong Kong is one of the Special Administrative Regions (SARs) of China‚ and the other is Macau. Itis located on China’s south coast. It is only 1‚104 km2 large‚ but has a population of over seven million people. Therefore‚ Hong Kong is one of the most densely populated areas in the world.GDP‚ Languages… Hongkongwas a colony of Britainfor a long period since the middle of the 19th century. On July 1‚ 1997‚it was returned back to China and became the Special
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Introduction Due to the practical part of my studies I travelled to Hong Kong to complete a six month traineeship at a private school. Besides the food and cultural difference I noticed that the people were aware of the fact that their live was dramatically different compared to the life of the rest of Chinas population. Especially the term “One country‚ two system “points out Hong Kong´s special political situation in connection to China. The term was originally used to describe a constitutional
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Hong Kong Religions The religion in Hong Kong is very diverse and obvious. The main two religions in Hong Kong are Buddhism and Taoism. But in Hong Kong you can also find another religion which is Confucianism‚ which is where ancestors’ worships and ancient animist beliefs have also been integrated into the environment. Confucianism isn’t really based as a religion‚ because it it’s a philosophy as well as a religion. The numbers of Buddhism’s and Taoist’s in Hong Kong are estimated to be around
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