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Portal:Hong Kong

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The Hong Kong Portal

Hong Kong is a special administrative region of the People's Republic of China. With 7.4 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is the fourth most densely populated region in the world.

Originally a sparsely populated area of farming and fishing villages, the territory is now one of the world's most significant financial centres and commercial ports. Hong Kong is the world's third-ranked global financial centre (behind New York City and London), ninth-largest exporter, and eighth-largest importer. Its currency, the Hong Kong dollar, is the ninth most traded currency in the world. Home to the seventh-highest number of billionaires of any city in the world, Hong Kong has the largest number of ultra high-net-worth individuals. Although the city has one of the highest per capita incomes in the world, severe income inequality exists among the population. Despite being the city with the most skyscrapers in the world, housing in Hong Kong is consistently in high demand.

Hong Kong is a highly developed territory and has a Human Development Index (HDI) of 0.956, ranking fourth in the world and currently the only place in Asia to be in the top 5. The city has the highest life expectancy in the world, and a public transport usage exceeding 90 per cent. (Full article...)

The region of Hong Kong has been inhabited since the Old Stone Age, later becoming part of the Chinese Empire with its loose incorporation into the Qin dynasty (221–206 BC). Starting out as a farming fishing village and salt production site, it became an important free port and eventually a major international financial center.

The Qing dynasty ceded Hong Kong to the British Empire in 1842 through the Treaty of Nanjing, ending the First Opium War. Hong Kong then became a British crown colony. Britain also won the Second Opium War, forcing the Qing Empire to cede Kowloon in 1860, while leasing the New Territories for 99 years from 1898. (Full article...)

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Ho in 2006

Stanley Ho Hung-sun GBM GLM GBS GML OBE CStJ SPMP SPMT (Chinese: 何鴻燊; 25 November 1921 – 26 May 2020) was a Hong Kong and Macau billionaire businessman. He was the founder and chairman of SJM Holdings, which owns nineteen casinos in Macau including the Grand Lisboa.

Ho was nicknamed variously Godfather and King of Gambling, reflecting the government-granted monopoly he held on the Macau gambling industry for 40 years. His wealth was divided among his daughter, Pansy Ho ($5.3 billion) who owns MGM Macau, fourth wife Angela Leong ($4.1 billion) who is managing director of SJM Holdings, and son Lawrence Ho ($2.6 billion) who owns City of Dreams. (Full article...)

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Lee Gardens restaurant in Causeway Bay, Hong Kong
Photo credit: Kwanyatsw

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