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Economy of Hong Kong

Index Economy of Hong Kong

As one of the world's leading international financial centres, Hong Kong's service-oriented economy is characterized by its low taxation, almost free port trade and well established international financial market. [1]

66 relations: Asia-Pacific Economic Cooperation, Bank for International Settlements, Bedspace apartment, Capital market, Cato Institute, Census and Statistics Department (Hong Kong), Cyberport, Economic Freedom of the World, Economy of China, Economy of East Asia, Electronics, Financial centre, Financial Secrecy Index, Financial services, Fitch Ratings, Foreign direct investment, Foreign-exchange reserves, Greece, Hong (business), Hong Kong, Hong Kong Disneyland, Hong Kong dollar, Hong Kong Exchanges and Clearing, Hong Kong Monetary Authority, Hong Kong Stock Exchange, Index of Economic Freedom, Individual Visit Scheme, Initial public offering, Interest rate, International Monetary Fund, Laissez-faire, Land value tax, List of countries by GDP (nominal), List of countries by GDP (PPP) per capita, List of stock exchanges, London, Mainland and Hong Kong Closer Economic Partnership Arrangement, Mainland and Macau Closer Economic Partnership Arrangement, Market capitalization, Milton Friedman, Moody's Investors Service, Networked Readiness Index, New York City, Nylonkong, Positive non-interventionism, Poverty Campaign: Speak Up, Public finance, Purchasing power parity, Real estate, Rotterdam, ..., Seamen's strike of 1922, Shanghai Stock Exchange, Standard & Poor's, Taiwan Miracle, Tax haven, Tax Justice Network, Taxation in Hong Kong, The Heritage Foundation, The World Factbook, Transfer of sovereignty over Hong Kong, University of Hong Kong, Victoria Harbour, Welfare, World economy, World Trade Organization, 1,000,000. Expand index (16 more) »

Asia-Pacific Economic Cooperation

Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies.

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Bank for International Settlements

The Bank for International Settlements (BIS) is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks".

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Bedspace apartment

A bedspace apartment also called cage home, coffin cubicle or coffin home, is a type of residence that is only large enough for one bunk bed surrounded by a metal cage.

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Capital market

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

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Cato Institute

The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of the conglomerate Koch Industries.

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Census and Statistics Department (Hong Kong)

Census and Statistics Department (C&SD) is the provider of major social and economic official statistics in Hong Kong.

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Cyberport

Cyberport is a business park in Hong Kong consisting of four office buildings, a hotel, and a retail entertainment complex.

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Economic Freedom of the World

Economic Freedom of the World is an annual survey published by the libertarian Canadian think tank Fraser Institute.

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Economy of China

The socialist market economy of the People's Republic of China is the world's second largest economy by nominal GDP and the world's largest economy by purchasing power parity according to the International Monetary Fund (IMF), although China's National Bureau of Statistics denies the latter assessment.

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Economy of East Asia

The Economy of East Asia comprises more than 1.6 billion people (22% of the world population) living in 6 different countries.

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Electronics

Electronics is the discipline dealing with the development and application of devices and systems involving the flow of electrons in a vacuum, in gaseous media, and in semiconductors.

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Financial centre

A financial centre is a location that is home to a cluster of nationally or internationally significant financial services providers such as banks, investment managers, or stock exchanges.

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Financial Secrecy Index

The Financial Secrecy Index (FSI) was created by the Tax Justice Network (TJN) in 2009 to identify and rank the scale of the contribution of global jurisdictions to individual and/or corporate tax avoidance and tax evasion, that was independent of the, potentially more politicised, OECD-IMF type rankings.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Fitch Ratings

Fitch Ratings Inc.

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Foreign direct investment

A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.

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Foreign-exchange reserves

Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.

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Greece

No description.

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Hong (business)

A Hong was a large general trading house in Canton (now known as Guangzhou), Guangdong, China, in the 19th century.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Hong Kong Disneyland

Hong Kong Disneyland is a theme park located on reclaimed land in Penny's Bay, Lantau Island.

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Hong Kong dollar

The Hong Kong dollar (sign: HK$; code: HKD) is the official currency of Hong Kong.

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Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited (HKEx;, also 香港交易所 or 港交所) operates a stock market and futures market in Hong Kong through its wholly owned subsidiaries The Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE).

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Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA, or 金管局) is Hong Kong's currency board and de facto central bank.

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Hong Kong Stock Exchange

The Stock Exchange of Hong Kong Limited, abb.

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Index of Economic Freedom

The Index of Economic Freedom is an annual index and ranking created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world's nations.

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Individual Visit Scheme

The Individual Visit Scheme began on 28 July 2003.

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Initial public offering

Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail (individual) investors; an IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

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Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Laissez-faire

Laissez-faire (from) is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies.

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Land value tax

A land/location value tax (LVT), also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land.

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List of countries by GDP (nominal)

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.

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List of countries by GDP (PPP) per capita

Three lists of countries below calculate gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.

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List of stock exchanges

This is a list of major stock exchanges.

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London

London is the capital and most populous city of England and the United Kingdom.

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Mainland and Hong Kong Closer Economic Partnership Arrangement

The Mainland and Hong Kong Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement (CEPA) for short, is an economic agreement between the Government of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic of China, signed on 29 June 2003.

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Mainland and Macau Closer Economic Partnership Arrangement

The Mainland and Macau Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement (CEPA) for short, is an economic agreement between the Government of the Macau Special Administrative Region and the Central People's Government on October 18, 2003.

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Market capitalization

Market capitalization (market cap) is the market value of a publicly traded company's outstanding shares.

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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

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Moody's Investors Service

Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.

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Networked Readiness Index

The World Economic Forum's Networked Readiness Index (NRI), also referred to as Technology Readiness, measures the propensity for countries to exploit the opportunities offered by information and communications technology (ICT).

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New York City

The City of New York, often called New York City (NYC) or simply New York, is the most populous city in the United States.

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Nylonkong

Nylonkong, a contraction of New York–London–Hong Kong, is a neologism coined to link New York City, London and Hong Kong as the eperopolis of the Americas, Euro-Africa, and Asia-Pacific that first appeared in the magazine Time in 2008.

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Positive non-interventionism

Positive non-interventionism was the economic policy of Hong Kong; this policy can be traced back to the time when Hong Kong was under British rule.

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Poverty Campaign: Speak Up

Poverty Campaign: Speak Up is a society show on Hong Kong's TVB sponsored by general manager Stephen Chan.

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Public finance

Public finance is the study of the role of the government in the economy.

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Purchasing power parity

Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.

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Real estate

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

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Rotterdam

Rotterdam is a city in the Netherlands, in South Holland within the Rhine–Meuse–Scheldt river delta at the North Sea.

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Seamen's strike of 1922

The Seamen's Strike of 1922 began on 12 January 1922, when Chinese seamen from Hong Kong and Canton (now Guangzhou) went on strike for higher wages.

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Shanghai Stock Exchange

The Shanghai Stock Exchange (SSE) is a stock exchange that is based in the city of Shanghai, China.

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Standard & Poor's

Standard & Poor's Financial Services LLC (S&P) is an American financial services company.

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Taiwan Miracle

The Taiwan Miracle or Taiwan Economic Miracle refers to the rapid industrialization and economic growth of Taiwan during the latter half of the twentieth century.

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Tax haven

A tax haven is defined as a jurisdiction with very low "effective" rates of taxation ("headline" rates may be higher).

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Tax Justice Network

The Tax Justice Network (or TJN), is an independent advocacy group consisting of a coalition of international researchers and activists with a shared concern about tax avoidance, tax competition, tax evasion, and tax havens.

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Taxation in Hong Kong

Under Article 108 of the Basic Law of Hong Kong, the taxation system in Hong Kong is independent of, and different from, the taxation system in mainland China.

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The Heritage Foundation

The Heritage Foundation (abbreviated to Heritage) is an American conservative public policy think tank based in Washington, D.C. The foundation took a leading role in the conservative movement during the presidency of Ronald Reagan, whose policies were taken from Heritage's policy study Mandate for Leadership.

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The World Factbook

The World Factbook, also known as the CIA World Factbook, is a reference resource produced by the Central Intelligence Agency (CIA) with almanac-style information about the countries of the world.

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Transfer of sovereignty over Hong Kong

The transfer of sovereignty over Hong Kong from the United Kingdom to China, referred to as "the Handover" internationally or "the Return" in Mainland China, took place on 1 July 1997.

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University of Hong Kong

The University of Hong Kong (often abbreviated as HKU) is a public research university located in Pokfulam, Hong Kong.

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Victoria Harbour

Victoria Harbour is a natural landform harbour situated between Hong Kong Island and Kowloon in Hong Kong.

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Welfare

Welfare is a government support for the citizens and residents of society.

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World economy

The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money).

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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1,000,000

1,000,000 (one million), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001.

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Redirects here:

Banking in Hong Kong, Economy of hong kong, Hong Kong as a Financial Center, Hong Kong economy, Hong Kong's economy, Hong Kong/Economy, Hong kong as a financial center.

References

[1] https://en.wikipedia.org/wiki/Economy_of_Hong_Kong

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