The Tourism industry is an important industry in Hong Kong. Inbound and outbound tourism is the major income of Hong Kong. According to the result from the Tourism Commission‚ in 2011‚ Hong Kong received a record-high of 42 million visitors from around the world‚ a remarkable increase of 16.4% over 2010. It is also the first time that the number of arrivals surpassed the 40 million mark. The appreciation of most major currencies against Hong Kong dollar and the improving travel sentiment have fueled
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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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CITY UNIVERSITY OF HONG KONG Stock Evaluation Financial management group project 2013/11/13 Name Student ID GAN JUNYI 53043683 ZHU JINSHAN 53062624 ZHANG YUE 53062845 SHEN ZEDA 53062901 CHEUNG HOI KEI 53080605 Content Part I. Introduction Executive summary •••••••••••••••••••••••••1 Dividend discount model (DDM) •••••••••••••••••••••••••1 Capital asset pricing model (CAPM) •••••••••••••••••••••••••2
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Charlotte 13567620A Leung Kit Ho‚ Bosco 13564680A Lau Ka Po‚ BoBo Research Plan Research Area: What are the economic/business factors leading the booming growth of private tutorial centres in Hong Kong? Research Direction: - To investigate the factors leading to the booming growth of private tutorial centre in Hong Kong‚ including standard of living‚ promotion methods‚ and the reasons why students attending tutorial class. - To conduct questionnaires research to collect response
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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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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 principle‚ which was
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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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Comparing to the near area‚like Singapore‚Hong Kong’s Gini coefficient is more higher and ranked top in the world.Even the wealth gap is not common in western societies‚however‚it is no doubt that wealth gap has threatened the Hong Kong most. With the change of economic mode in Hong Kong ‚it trend to knowledge-based economy rather than manufacturing industry so that a large number of worker are unemployed immediately‚in the other hand‚a lot of high-class people are benefited by the new mode economy
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lifestyle of Hong Kong citizens‚ the 4 major landfills in Hong Kong are going to be saturated. From the government’s words‚ these landfills will be fully saturated before late 2010s. The situation is getting worse in these years‚ as people have no improvement in their consumption style. They are not aware of their responsibility on reducing waste. Also‚ people cannot develop the routine on recycling‚ and send much unnecessary rubbish to the landfill. With the rare land resources in Hong Kong‚ we cannot
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Challenges Hong Kong Faced from Shanghai as an International Financial Centre 09815346D YUE Pujue (Betty) The day that Shanghai’s financial system is protected behind the thick walls of a closed account has gone away. When China’s State Council revealed the plan to develop Shanghai into a multi-functional international financial centre by 2020 in the late March 2009‚ Shanghai rapidly responded to the call by increasing its financial industry output value as a share of
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