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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(December 2004March 2008) Hong Kong Accounting Standard 27 Consolidated and Separate Financial Statements* * This HKAS 27 is applicable for annual periods beginning on or after 1 January 2005 but before 1 July 2009. HKAS 27 (Revised) issued in March 2008 is applicable for annual periods beginning on or after 1 July 2009 and supersedes this HKAS 27. 1 HKAS 27 COPYRIGHT © Copyright 2008 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial Reporting Standard contains
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Strengths: Honk Kong Disney Theme Park has its incredibly strong brand awareness is its powerful strength. As a child I had willingly been instructed with the brand and can even recognize the distinct calligraphy associated with the brand. It has no surprise because BusinessWeek has ranked Disney as the 8th most recognizable global brand. A recognizable brand such as Disney increases consumer trust and indicates the company’s advanced and successful marketing. Another reason for Hong Kong Disney Theme Park
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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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Financial Reporting & Analysis for Decision Making (2013) Instructor: David Yip Financial Analysis CEC INTERNATIONAL HOLDINGS LIMITED Stock Code: SEHK00759 / 759:HK Author: Anthony Lam City University EMBA 2013 Cohort 759 Store CEC INTERNATIONAL HOLDINGS LTD. Hong Kong Stock Exchange Code: SEHK 00759 / 759:HK COMPANY History CEC International (CEC) was founded by Lam Wai Chun (the current Chairman) in 1979‚ as “Coils Electric Company”. Initially when the company was
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Insider dealing in Hong Kong Although insider dealing has been a criminal offence under section 291 of Chapter 571‚ Securities and Futures Ordinance (SFO) in Hong Kong since 2003‚ the Securities and Futures Commission (SFC) was initially slow to prosecute offenders‚ commencing its first criminal insider dealing prosecution only in January 2008. Factors to be considered to commence criminal proceedings In deciding whether to commence criminal proceedings against an alleged insider dealer
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evolution of ¡°hub and spoke¡± because of deregulation. In the end‚ local airlines need the support from the government in dealing with agreement. II. Introduction The Airlines Industry has evolved in the past decades. To travel in an airplane from one place to another used to be a big event involving a high sum of money which was only attainable by the privileged few. In contrast‚ Airlines now are accessible to most levels of society with reasonably affordable fares. Hence the number of air travellers
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Why did Hong Kong Fall so Easily? Hong Kong is world widely known for being the world’s financial hub and for being the world’s richest city; most people don’t know that before being a financial city‚ it had a rich history behind it. It went through one of the greatest‚ harshest wars in history‚ the Second World War. There are many reasons why the Japanese were so successful in capturing Hong Kong; they invested most of their money into the Japanese Army. While they had latest guns and weapons
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Background Established in 1986‚“Hung Fook Tong” is one of the famous manufacturers and retailers of traditional herbal tea in Hong Kong which has over 70 retail shops with more than 700 staff members‚ self-invested factories in Hong Kong and Shenzhen and a sales network with extensive coverage. Mainly it serves customers with various kinds of Herbal Tea‚ Herbal soups‚ other non-herbal beverages‚ and snack (like dim-sums and sausages) on a price range of $8-$250. HFT also set up point of sales
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1. Introduction Hong Kong‚ with only 1100 ㎢ land‚ is regarded as the one of the most success country in global market. Although‚ to be exact‚ Hong Kong is the special administrative regions of China and isn’t independent country‚ because of the agreement ratified when Hong Kong was returned from U.K in 1998‚ Hong Kong is given high autonomy from mainland china by owning individual law system and‚ then‚ is seems as the virtually independent country in international business and economics; many international
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