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Hong Kong Webcam - Live HK Island view

 Asia, China, Hong Kong
 
Location:  Asia, China, Hong Kong

Category: City View

Description: View of the business district on Hong Kong Island

Location Information:

 

Hong Kong is one of the two special administrative regions of the People's Republic of China; the other is Macau. Situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour. With land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world. Hong Kong's population is 95% ethnic Chinese and 5% from other groups. Hong Kong's Han majority originate mainly from Guangzhou and Taishan, both cities in neighbouring Guangdong province.

Under the principle of "one country, two systems", Hong Kong runs on economic and political systems different from those of mainland China. Hong Kong is one of the world's leading international financial centres, with a major capitalist service economy characterised by low taxation, free trade and minimum government intervention under the ethos of positive non-interventionism. The Hong Kong dollar is the 9th most traded currency in the world. The Hong Kong Stock Exchange is the sixth largest in the world, with a market capitalisation of US$2.97 trillion as at October 2007. In 2009, Hong Kong raised 22 percent of worldwide IPO capital, making it the largest centre of initial public offerings in the world. Hong Kong's currency is the Hong Kong dollar, which has been pegged to the U.S. dollar since 1983

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