About Hong Kong Hang Seng Index The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. About Hong Kong Stock Exchange Hang Seng China Enterprises Index The Hang Seng China Enterprises Index is a free-float cap-weighted index comprised of .
Opinion Hong Kong companies need action, not talk, on diversity 5 Jan Markets Bullish Citibank sees Hong Kong stocks rebounding by nearly 20 per cent this year 2 Jan You are signed up. We think you'd also like. Thank you You are on the list. This article appeared in the South China Morning Post print edition as: HK gains favour as mainland firms consider listingsHK gains favour as listing destination.
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French boxer hailed as a hero after violent clashes in Paris. You may also like. The makeover that defined modern China 7 Jan - 4: Why hairy crab is all the craze in China Oct 18th , 4: Balance Trump, cosy up to China, Koreas: Hong Kong's gross domestic product has grown times between and Also, the GDP per capita rose by 87 times within the same time frame.
In , Hong Kong's real economic growth fell by 2. By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York and Rotterdam in terms of container throughput. Hong Kong has also had an abundant supply of labour from the regions nearby. Prices and wages in Hong Kong are relatively flexible, depending on the performance and stability of the economy of Hong Kong. Hong Kong raises revenues from the sale and taxation of land and through attracting international businesses to provide capital for its public finance , due to its low tax policy.
The Hong Kong Government was the fourth highest ranked Asian government  in the World Economic Forum's Network Readiness Index NRI , a measure of a government's information and communication technologies in , and ranked 13th globally. In , the value of initial public offerings IPO conducted in Hong Kong was second highest in the world after London.
Since the handover , Hong Kong's economic future became far more exposed to the challenges of economic globalisation and the direct competition from cities in mainland China. In particular, Shanghai claimed to have a geographical advantage. The Shanghai municipal government dreamt of turning the city into China's main economic centre by as early as The target is to allow Shanghai to catch up to New York by — Hong Kong's economic policy has often been cited by economists such as Milton Friedman and the Cato Institute as an example of laissez-faire capitalism , attributing the city's success to the policy.
However, others have argued that the economic strategy is not adequately characterised by the term laissez-faire. For example, the government is involved in public works projects, healthcare, education, and social welfare spending. Further, although rates of taxation on personal and corporate income are low by international standards, unlike most other countries Hong Kong's government raises a significant portion of its revenues from land leases and land taxation.
All land in Hong Kong is owned by the government and is leased to private developers and users on fixed terms, for fees which are paid to the state treasury. By restricting the sale of land leases, the Hong Kong government keeps the price of land at what some consider as artificially high prices and this allows the government to support public spending with a low tax rate on income and profit. Hong Kong has been ranked as the world's freest economy in the Index of Economic Freedom of The Heritage Foundation for 24 consecutive years, since its inception in Hong Kong is the only economy to have scored 90 points or above on the point scale, achieved in and The following table shows the main economic indicators in — It was reported in that at least , persons were living in cage homes in the poor districts of Hong Kong.
From Wikipedia, the free encyclopedia. Population below poverty line. Hong Kong Stock Exchange. This section needs expansion. You can help by adding to it. Speak Up Seamen's strike of Nylonkong. Gross domestic product per capita, current prices U. World Economic Outlook Database, September Retrieved 22 December Retrieved 1 November Census and Statistics Department. Retrieved 26 November Retrieved 26 May Retrieved 31 May Retrieved 27 July Triennial Central Bank Survey Bank for International Settlements:
Innenstadtregion, also Hong Kong Island und Kowloon und umfassen mit ca. As of September 23, they are:
Oktober um 65,2 Prozent. For example, the government is involved in public works projects, healthcare, education, and social welfare spending.