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Hong Kong Thoroughbred Horse Racing

Thoroughbred horse racing in Hong Kong is a pivotal part not only of many lives but it is vital to the economy, contributing massive taxes and being the major supporter of most charities. Thoroughbred racing in Hong Kong is therefore naturally followed far more passionately than anywhere else in the world.

Hong Kong has two race courses, the main one situated at Shatin is a first class track with facilities equal to any track in the world. A big track with both turf and dirt surfaces and a straight 1200m, statistics show that horses get every chance to win from whatever draw.

However Happy Valley where the lesser grade Wednesday night races are held has to be the most spectacular race track in existence. To understand the full impact of this place you need to make the effort to go and experience it.

Situated on the island amidst major housing and retail complexes, Happy Valley is surrounded by the lights of multi level apartment blocks. It is a relatively small track which affords spectators a close up view of the races giving an I can not believe this place feel to visitors.
Tourists can also visit the Hong Kong Racing Museum at Happy Valley, which provides a fascinating historical insight into how the sport has evolved since its mid-19th century beginnings.

Over the last 15 years or so the quality of Hong Kong thoroughbred racing has developed substantially and nowadays it is difficult to imagine a more cosmopolitan racing circuit than can be experienced here. The prize money is so substantial that the champion riders and trainers from France, England, Australia and South Africa all eagerly vie for the few invitations to ride in Hong Kong. In fact the roster of riders in Hong Kong reads like an Academy Award nomination list for the best jockeys in the world.

Fourteen Group 1 races are run in Hong Kong each season, with the Hong Kong International Race day in December being the richest and most important meeting of the year. The Hong Kong International Races are now generally recognized to be the most international event in the racing world and the main meeting point for northern and southern hemisphere thoroughbreds.

Today the international event has been transformed into a set of four races: the Hong Kong International Sprint over 1200m, the Hong Kong Mile over 1600m, the Hong Kong Cup over 2000m and the Hong Kong Vase over 2400m.

The Champions Mile is on April 29, run at 1600 meters over the Shatin turf course and is already part of an international racing series, the Asian Mile Challenge, which comprises the Futurity in Australia, the Dubai Duty Free, the Champions Mile, and the Yasuda Kinen in Japan, all Group 1 races.

The standard of local thoroughbreds has also risen dramatically as can be seen by the number of hotly contested international races now taken out by locals even in the presence of top echelon European, American, Japanese and Australian thoroughbreds.

With a population of around 1,100 thoroughbreds from around the globe, Hong Kong racing works under an easy to understand handicap system, where gallopers gain or lose rating points from their performance on the racecourse, resulting in close and competitive racing.

The Hong Kong Jockey Club has a monopoly on racing and betting in the territory, a holdover from colonial days, and the HKJC is the territories largest taxpayer and charity. Massive betting pools are involved and Hong Kong racing officials understand that it is imperative to share every piece of information there is with the betting public.

The racing club website has easily the best information I have ever seen with full videos and extensive reporting of every race held. Trackwork data, performance history, weights carried, times, everything is easily found and exhaustively detailed.

To summarise, for any thoroughbred racing enthusiast Hong Kong racing is an absolute must see experience. The city is situated on one of the most spectacular harbors imaginable, hotels are plentiful and first class and the shopping and gastronomic delights are legendary.

Hong Kong Transit: a Day Stop in Asia's World City

Although millions of people pass through Hong Kong every year, on their way from here to there, many of them don't really know what are the best ways to spend a day in this exciting metropolis. This article will show you how to cover Hong Kong's most popular attractions in a one day stopover. After clearing customs and immigration, proceed to the luggage storage counter at the 'Meeters and Greeters Hall', where you can store your trolley or bag till you come back... Buy an Octopus Card from the Airport Express Counter at the Arrivals Hall and hop on the Airport Express Train, with which you travel all the way to Hong Kong Station.

Victoria Peak (or simply "The Peak") is one of Hong Kong's most popular tourist attractions and probably the best starting point. Having your breakfast or morning coffee while enjoying some spectacular views is definitely a nice way to start your Hong Kong day-tour. The Peak Tram is the most popular (and scenic) way of getting to The Peak. It operates daily, 7 am - 12 midnight and climbs the full distance in approximately 7 minutes.

A short walk from Hong Kong Station (exit C) will bring you to the Lower Terminus, on Garden Road, where you can buy the ticket and board the tram (you can also pay with your "Octopus Card") Pacific Coffee, near the "upper terminus", is open daily from as early as 7:30 am, and is the best place to enjoy your "coffee with a view" at such an early hour. Down from "The Peak" walk back towards Hong Kong Station and through "the elevated walkway" to the pier from which the Star Ferry departs to Tsim sha Tsui. This historic ferry route is very popular with tourists and has long become one of Hong Kong's most prominent icons.

From the ferry building, turn right and walk along the waterfront to the Avenue of Stars: Hong Kong's answer to Hollywood's Walk of Fame, where floor plaques of Hong Kong film industry's who's who can be seen.  This is also the best place to take photos of Hong Kong's spectacular skyline. From here, you can take a short walk to the Hong Kong Museum of History, where "the story of Hong Kong" is told... From the geological changes that took place hundreds of millions of years ago, through prehistoric eras, notable historical events and until present day. The museum is fairly rich and boasts plenty of interesting exhibits.

Continue to Nathan Road, Kowloon's main thoroughfare, and proceed through Jordan Road to Canton Road, which is popularly known as Jade Street. Jade and its products are the specialty of most of the shops along this section of Canton Road, as well of those in the neighboring Jade Market, and there is certainly a lot to see (and to buy...). From Jade Street. you can turn right to Ning Po Street where many traditional Chinese shops and businesses can be found.

The Old Tin Hau Temple, just a few minutes walk from the Jade Market, was built in the 1880s and is one of Kowloon's oldest temples. It is dedicated to Tin Hau (Matsu), Goddess of the sea, protector of seafarers and one of Hong Kong's most beloved deities. From the temple, you can either walk or take the MTR to Mong Kok area, where some of Hong Kong's best open-air markets can be found: As its name denotes, Ladies' Market specializes in women's clothing, accessories, cosmetics, and the like, although you can find here more than a few stalls that sell men's and children's products, including toys, clothes, bags, jeans and watches, just to name a few...

Sai Yeung Choi Street South boasts shops of consumer electronic products at street level and upstairs bookstores above.Fa Yuen Street concentrates many retailers of sports equipment and clothing, while Fa Yuen Street Market, in the north part of Fa Yuen Street, is full of shops selling bargain-priced trendy fashion and casual wear for men, women and children. While in Mong Kok, you should also make a point to visit the Goldfish Market, the Flower Market and the Yuen Po Street Bird Garden (or just "Bird Garden"), where dozens of bird shops are located and hundreds of colorful songbirds in exquisitely crafted cages can be seen...

Mong Kok is also packed with many authentic eateries and restaurants where you can enjoy some delicious local food at reasonable prices: Curry A La King, on 88 Soy Street, is a paradise for curry lovers, serving a wide selection of scrumptious curries from different Asian cuisines. Satay King, on ladies market, specializes in Southeast Asian satays. Mong Kok Fung Shing Restaurant, on 749 Nathan Road, is known for its superb dim-sum and delicious crispy chicken.

Lucky Corner Restaurant, on 146 Sai Yeung Choi Street South, is a rather humble eatery which has been serving some of the best Wonton Noodles in Hong Kong for God knows how many years. Little Sheep (4th floor, 16 Argyle Street)is one of Hong Kong's most favorite hotpot restaurants. Fu Kei Restaurant, in King Wah Centre, is serving fabulous food from different Chinese cuisines. That's it... You can now take the MTR to Central, from which you link to Hong Kong Station (there is a pedestrian passage) and continue with the Airport Express, back to Hong Kong Airport.

Hong Kong City guide

Welcome to Hong Kong - a place where deeply rooted Chinese traditions are blended with Western influences to create a truly unique living experience.

Traditional temples, colonial buildings, and modern skyscrapers offer a glimpse into each era responsible for shaping the Hong Kong of today: an international business hub with an eclectic mix of foreign nationals from more than 50 countries around the world.

Hong Kong Skyline

Location

Hong Kong sits on China's south coast, just below the Tropic of Cancer.  With seven million people settled on a 426 square mile (1,104 sq km) plot of land, Hong Kong qualifies as one of the most densely populated areas in the world.

Aside from claiming some of the world's tallest buildings, the region also boasts a wide variety of outdoor activities as 40 percent of the land is divided into 23 country parks.

Geography

Hong Kong is comprised of Hong Kong Island, the Kowloon Peninsula, the New Territories, and over 260 outlying islands.

North of the Island, across Victoria Harbor, is the Kowloon Peninsula. Traditionally, Kowloon has always been known as the entertainment district of Hong Kong.  Streets are lined with shops, markets, the best hotels, and several forms of entertainment. There are also a number of historical and cultural museums portraying the Hong Kong of yesterday.

The New Territories, set in the northernmost reaches of Hong Kong, share a border with Mainland China, and cover 306 square miles (796 sq km).  The New Territories are characterized by a diverse terrain of sandy beaches, wildlife reserves and mountain peaks, which have towns and country farms nestled in valley lowlands throughout.

More than 260 islands dot the surrounding waters of the South China Sea.  Lantau Island is a throne to the world's largest seated outdoor Buddha.  The 202-ton, bronze statue sits atop the island's Ngong Ping plateau and can be seen for miles around.

Big Buddha in Lantau can be seen from miles around

To the east is Discovery Bay, a popular home to expats who want to enjoy a more peaceful and laid back environment.

Lamma Island is another popular destination with good hiking, beaches, and fresh seafood being the major attractions.

Located in between these two islands are two more islands worth noting: Cheung Chau and Peng Chau.

History

Hong Kong was not always the lively metropolis it is today. With its ideal location on the South China Sea, Hong Kong attracted the attention of fishermen and pearl hunters from Mainland China, and later, Western traders looking for silks, silver, tea, and spices.

The British traded opium for Chinese commodities but when the Qing Empire banned the drug trade, the First Opium War took place.At the close of the First Opium War in 1841, Hong Kong Island was surrendered to the British.  In 1860, with the end of the Second Opium War, the colony was enlarged to include the Kowloon Peninsula; and in 1898 the New Territories and more than 200 islands were handed over to Britain on a 99-year lease.

Aside from four years of Japanese occupation during World War II, Hong Kong remained a British colony until it was officially turned over to the People's Republic of China (PRC) on 1 July 1997.

With the hand over of '97, Hong Kong became a Special Administrative Region (SAR) of China that operates under the "one country, two systems" policy.  This means that, although Hong Kong is officially run by the PRC, it maintains its own political, social, and economic systems; therefore, English continues to be an official language and many treaties, freedoms, and international relationships have remained in place.

Getting around

For the millions of people with several tasks at hand, there is need for a transportation system capable of meeting immeasurable expectations.  Hong Kong is well prepared with one of the most advanced, comprehensible transportation systems in the world.  The truth is that most people don't even feel the need to buy a car.

Complete with the MTRC, buses, ferries, taxis, and trams, there are several options for reaching any destination in a timely manner.  Hong Kong's railway system, known as the Mass Transit Railway Corporation (MTRC), includes 131.5 miles (211.6 km) of rail and 150 stations.

Double-decker buses, minibuses, taxis, and the Hong Kong Island trams are frequent and easy to use. Ferries provide transportation across Victoria Harbor and to many of the outlying islands.  Daily travel is made convenient by the Octopus Card, a card with a built-in microchip that manages fares electronically. The Octopus card can be used with almost all forms of public transportation, as well as at public pay phones, vending machines, photo booths, grocery stores, convenience stores, and fast-food restaurants.

Things to do

Shopping, eating, and outdoor activities, such as hiking, biking, rock climbing, and several water sports, are favorite pastimes for residents and tourists alike.

Hiking at Dragon's back

Ocean Park and Disneyland Hong Kong are two largely visited theme parks of the area.

Locals also enjoy playing mahjong as well as Chinese chess, checkers, and card games. Arcades and karaoke clubs are popular hangouts for the younger generations.

Economy

With endless choices for entertainment, the tourism industry has thrived in recent years and, in turn, plays a key role in sustaining Hong Kong's economy.

Skyscrapers in Central, Hong Kong


This is part of the transformation of the last few decades where Hong Kong has shifted from relying on manufacturing centers to the service-based industries, which also includes the internationally appealing corporate and finance sectors.

Trade is, as it always has been, another major contributor to the growing economy.

With these components in place, Hong Kong has made a steady recovery from the East Asian financial crisis of 1997 and the economy continues to grow stronger.

Top Hong Kong Tourist Attractions - At A Glance

Hong Kong stretches the limits of glamour and glitz, and offers endless excitement to holiday makers. A popular holiday destination among families, Hong Kong surely knows how to charm and allure visitors. Be it the retail hotspots, wonderful dining options or the incredibly mesmerising tourist attractions – holidays to Hong Kong gradually grows on your senses and ultimately overwhelms you!

One can visit a lot of places on Hong Kong holidays but there are some that are considered as the biggest charmers of the destination.

Disneyland

Hong Kong holidays are incomplete without a visit to this mesmerising attraction. Disneyland is located near the Lantau Island, and is an ideal place to be if you are travelling with family and kids. A relatively recent addition to the galaxy of city attractions, the Disneyland is what that makes flights to Hong Kong so popular.

Victoria Peak

Victoria Peak is located on the western side of the island and is the highest point of the city. Travellers can enjoy wonderful views of the city from the point, and is the ideal place for those who want to escape the hustle and bustle of city life. There are a number of souvenir shops on the Victoria Peak where one can shop to give away gifts to relatives and friends.

Wong Tai Sin Temple

Wong Tai Sin Temple is a major tourist attraction in Hong Kong that is a combination of Buddhist, Confucian and Taoist traditions. Named after an alchemist called Wong Tai Sin, the temple features latticework decorations and golden ceiling. Wong Tai Sin Temple also gets a unique colourful character from its red pillars. At its best during the Chinese New Year Celebrations, Wong Tai Sin Temple is one of the delights awaiting those on Honk Kong holidays.

Times Square

One of the Hong Kong's greatest retail plazas, Times Square is a huge complex that boasts of nine floors. Just like its namesake in the New York City, the plaza is one of the main gathering points for the Western New Year celebrations in Hong Kong. It is the prefect place to spend the money you saved on tickets on cheap flights to Hong Kong.

Hong Kong Museum of History

The Hong Kong Museum of History is yet another glittering gem adorning the city. The museum is a treasure house that exhibits artefacts dating back from the prehistoric times. The museum's exhibits include village house replicas and old photograph collections along with traditional costume displays. The Hong Kong Museum of History also features an entire street replica.

Mid-Levels Escalator

Measuring approximately at 800 metres, Mid-Levels Escalator is the largest outdoor covered escalator system in the world. It is a major allure for holiday makers who want to take comprehensive views of the dazzling Soho district.

Statue Square

Statue Square charms the visitors with its overwhelming array of modern architectural splendours. The place is home to various landmark city buildings like the Bank of China, Hong Kong and Shanghai Banking Corporation, Legislative Council Building and the International Finance Centre, which is among the tallest buildings in the world.

Western Market

Western Market is one of the oldest structures in Hong Kong, and serves as a shopping centre. It is a four storied red brick building that incorporates numerous souvenir stands and curio sellers. The structure's first floor is renowned for exotic silk and other fabrics, and is particularly popular among travellers buying tickets to Hong Kong on airlines.

Star Ferry

The Star Ferry is a passenger ferry service operator in Hong Kong that carries passengers across Victoria Harbour, between Hong Kong Island and Kowloon. It offers some of the most captivating views of the waterfronts.

Hong Kong General Strike in 1925

Hong Kong general strike in Guangzhou, the Hong Kong manufacturing workers against imperialism, "Divergence" tragedy, support the people of Shanghai, held anti-imperialist struggle and the political strike. The strike is under the direct leadership of the ACFTU, organized, and prepared to be held. "Divergence" tragedy occurred, the CPC Guangdong Federation of Trade Unions School District and in the summer of Deng, Yang Yin, Su Zhaozheng, Lin Weimin, Li Qihan and others to Hong Kong and Guangzhou, Shamian union concessions and the masses of workers went on strike preparations.

Trade Unions in Hong Kong to the British Hong Kong Government made solemn request conditions: 

(a) support and adhere to the Shanghai Industrial and Commercial Union of the 17 conditions, including the withdrawal of foreign embassies and the armed forces, etc; 

(b) of the Chinese in British Hong Kong authorities to ensure freedom of assembly, association, speech and other freedoms and rights. The British failed to respond to the above requirements.

June 19, 1925, the Hong Kong Seamen, tram workers, printing workers strike first, followed by workers in other industries have to respond, the number of strikers reached 25 million people. Shanghai Industrial and Commercial Workers Union of declared support for "Divergence" tragedy of the 17 proposed conditions and the implementation in Hong Kong for the British imperialist policy of discrimination in the Chinese put forward the "political freedom, legal equality, universal suffrage, labor legislation to reduce the rent, freedom of residence, "the six requirements. There are more than 10 million workers and others, led by Su Zhaozheng back to Guangzhou. Guangzhou British, American, Japanese and Western companies Shamian concession workers also joined the ranks of the strike.

June 23, accompanied by striking workers back to Guangzhou, Guangzhou, workers, peasants, students, and revolutionary soldiers, a total of 10 million people held demonstrations. When the procession through the Chaki Street, in the sand surface in Britain, France and other imperialist soldiers suddenly opened fire on the procession and mass, parked in sand near the masses of imperialist warships have bombarded the procession, killing 52 people, More than 170 people injured, numerous minor injuries, and this is the famous "Shaji Massacre."

After the massacre, the country people are extremely angry, and actively support the Hong Kong general strike. Federation of Trade Unions to strengthen the leadership of the strike, held in Guangzhou, Guangzhou, Hong Kong, the sand of the Trade Union Congress, set up a Hong Kong general strike committee, was elected chairman Su Zhaozheng of Finance chairman, Deng-Hong Kong strike committee of any summer caucus secretary, consultants and workers picket discipline long. 

The use of a strike committee, rejected the British goods, blocked three powerful weapon in Hong Kong and the fight against British imperialism, and more than 2,000 workers formed armed pickets, stationed at all ports, tight blockade of Hong Kong. Traffic cut off, plant shutdown, shops closed, supply difficulties, soaring prices, no one to clean garbage and fecal, Hong Kong became a "stinking Hong Kong," "hungry, Hong Kong", "dead in Hong Kong."

Under the leadership of the Chinese Communist Party, the majority of striking workers united and actively participate in the struggle against imperialism and warlords, the unity of the revolutionary base areas in Guangdong to make an important contribution to become a strong pillar of the revolutionary government of Guangzhou. 

The summer of 1926, the Revolutionary Government apprenticeship Northern Expedition, composed of thousands of transport workers on strike teams, publicity team, medical team, reward teams to the front, striking workers and workers in the mass pickets guarding the rear, March to victory in the Northern Expedition to provide a strong guarantee. In the same year in October, the CPC Guangdong Province, Hong Kong District and to changes in the strike committee, announced an end to the strike. Hong Kong general strike which lasted 1 year and 4 months, the longest in the world labor movement in the history of a strike.

Hong Kong general strike, not only politically but also economically a heavy blow to British imperialism. According to statistics, since the strike, the average monthly losses of British imperialism of 2.1 billion. This strikes a heavy blow to imperialism, to consolidate the revolutionary base areas and to prepare the Northern Expedition, Guangdong played a significant role.

Fast Facts About Hong Kong

While discussing Hong Kong, it is necessary to know the vital truth and statistics of the city. To start with lets begin with the basics of Hong Kong city which are worth noticing. Hong Kong city as most of you might be aware of was known as the 'Barren Rock' in the past is turning out to be the economy hub of the world.

1. Population of Hong Kong city is about 6.9 million which makes it one of the most densely populated areas of the world.

2. Overall density of Hong Kong city comes about- 6420 people per square kilometre which is quiet a lot.

3. It is a Special Administrative Region and it gained this status for People's Republic of China on July 1st 1997 which was approximately one and a half century after the Britains left China.

4. Average rainfall in Hong Kong comes about 2214.3 mm and the lowest temperature has gone down to 0.0°C.

5. The transport of Hong Kong is definitely something we might not want to miss. There are 1955 kilometers of roads carrying 544089 licensed vehicles on an average which would make it 276 vehicles for every kilometre.

6. Bridge infrastructure of Hong Kong has been the most remarkable of all. The Tsing Ma Bridge is the world's longest road-rail suspension bridge which has the main span of 1377 metres managing perfectly the road and the rail traffic of Hong Kong.

The Kap Shui Mun Bridge is the road-rail cable stayed bridge which has a main span of 430 meters but still contributing to the transport of Hong Kong city to a larger extent. It is the world's longest cable-stayed bridge managing the road and the rail traffic.

7. And talking about the nationality aspects of Hong Kong, it is dominated by the Chinese responsible for more than 95% of population.

8. Official languages spoken in Hong Kong are Chinese and English with English being the language used widely in the Government and the business sectors.

9. Climate of Hong Kong is amiable which is usually sub-tropical for more than half the year. Although there could be temperature drops to 10 degrees during the winters and rising up to 31 degrees during summers.

10. According to Doing Business Hong Kong is being ranked as world's 4th largest trading economy. It also has world's sixth largest foreign exchange market and is world's 15th largest banking centre.
In Asia alone, Hong Kong holds second biggest stock market.

11. About 4000 international corporations have established their regional centres in the city of Hong Kong which makes it a city with humungous international corporate base.

12. Hong Kong economy allows the features like free trading which would mean diminished or no trade barriers of any sort and no discrimination between the crossborder investors and also offers lucid regulations

13. Hong Kong is also world's second busiest container port.

These facts and figures keep on escalating each year indicating the progress of Hong Kong along with the passage of time!!

Keep reading for more updates on Hong Kong Entertainment News

Hong Kong Tourist Attractions

Hong Kong is a wonderful travel destination. Visitors will certainly never get bored as there are so many excellent Hong Kong tourist attractions for them to enjoy and visit. The most popular attraction in Hong Kong is definitely the Hong Kong Disneyland which opened several years ago and which attracts visitors from around the globe.

There are so many places to visit in Hong Kong and unfortunately most tourists only spend a couple of nights in Hong Kong. We have listed for you the most popular tourist attractions of Hong Kong and if possible you should try to visit all of them during your stay in this former British colony.

Hong Kong Disneyland

No visit to Hong Kong can possibly be complete without a visit to the Hong Kong Disneyland. If you are visiting Hong Kong with your children then they will never forgive you if you don’t take them to this amazing Hong Kong tourist attraction. Hong Kong Disneyland is located on Lantau Island and there are a number of Hong Kong hotels and resorts located nearby to this popular tourist attraction.

Ocean Park

Ocean Park has been one of the most popular Hong Kong tourist attractions for some time now. This excellent theme park is popular with both local residents as well as tourists. There are all sorts of attractions and activities at the Hong Kong Ocean Park including a shark aquarium and various rides and roller coasters. If you are interested in visit the Ocean Park during your visit to Hong Kong then please note that Ocean Park is located on the south section of Hong Kong Island. Opening hours are Tuesday through Sunday from 10:00 until 18:00.

Victoria Peak


One of the most beautiful places in Hong Kong is Victoria Peak. It is located at a height of just over 550 meters and many tourists visit Victoria Peak so as to enjoy the Hong Kong from above. Be sure to take your camera when visiting this popular Hong Kong tourist destination. If you are interested in visiting the Victoria Peak then please note that you should take the Peak tram which will take you all the way to the top and takes only eight minutes.

Wong Tai Sin Temple

Hong Kong is home to some rather stunning temples and one of the most popular of these Hong Kong temples is the Wong Tai Sin Temple. This popular Hong Kong tourist attraction is especially very popular with Chinese people visiting from abroad. The Wong Tai Sin Temple is a Taoist temple and was build in 1921.

Hong Kong - The Asian Sensation

Hong Kong is a part of Chinese republic. It was earlier a part of British colony due to the English invasion. It was a British crown colony, which means that it was one of the most important colonies among all the other British colonies. However, after its independence, Hong Kong developed at a very fast rate. Today it is one of the leading economies of the world. Hong Kong is known for its success in financial markets in the world. It has a high successful capitalist economy and is very autonomous in nature.                  

When we talk about the culture of Hong Kong, we see that it is the place which is often depicted as a place where eastern culture meets western culture. It is said so because of the Chinese base of the country while the effects of the British invasion had an effect in giving Hong Kong a mix of western culture too. We will find that the beliefs like feng shui are still practiced very seriously even though it does not exist in western culture. The food is also affected by both the cultures. The people of Hong Kong like to have Chinese cuisine and they also include western cuisine in their food, therefore the sea food, oils, bread and other food habits are all a part of the Hong Kong food.                                             

Hong Kong is a very beautiful place to visit and there are many tourists who get attracted towards this place. The most popular places in Hong Kong are Madame Tussauds, Hollywood Road, Western Market, Lan Kwai Fong, Happy Valley Racecourse, Jumbo Kindom, Repulse Bay, Stanlay Market and Murray House. These places are very beautiful and have a pleasant environment. The investors or the tourism sectors are also very interested in investing in Hong Kong tourism market as it is very developing market. The currency of Hong Kong, which is the Hong Kong dollar, is 9th most traded currency in the world.

The most popular hotels  in Hong Kong are Conrad hotel Hong Kong, Gold Coast Hotel, Harbor Grand Hong Kong Hotel, Harbor Plaza Hong Kong Hotel, Intercontinental Grand Standard Hotel, Hyatt Regency Hong Kong Sha Tin Hotel, Le Meredian, Cyberport Hotel, Regal hotel, and Royal Garden Kowloon hotel. These are the most luxurious hotels of Hong Kong. However, the other hotels in Hong Kong are also very beautiful and royal and have a very developed infrastructure and excellent facilities.

Tourists are often very much attracted to the culture of Hong Kong because it is very fascinating and attractive. The other reason why tourists are very interested in visiting Hong Kong is because of the blending of the two different cultures in the country. The mix of the western culture and eastern culture is very widely seen in Hong Kong. People of Hong Kong are very calm and peaceful. The crime rate in Hong Kong is under control and therefore the tourists feel very safe and secure about this place. There are several things like food habits, living styles in the country which depicts the blend of these two cultures.

Hong Kong For Starters

Hong Kong is absolutely one of the world's excellent towns. Regardless of whether on your first visit or your tenth, you'll undoubtedly be surprised and astounded through the city's pulsing existence, hurried pace and frenzy of several lifestyles. Hong Kong is one of the world's true global metropolises – a kind of Gotham City for Asia where just about anything you wish – be it American donuts or even Australian Shiraz – will be available.

When describing Hong Kong to acquaintances who have not been there, I usually say that it is similar to London plonked down in the middle of Asia. Or London with plenty and lots and lots of Chinese individuals. While a fair enough statement, that still does not do Hong Kong justice, with its variety of several cultures and lifestyles and cuisines.

Getting Around

There are 2 uncomplicated transport possibilities in Hong Kong: the Hong Kong Mass Transit Railway (MTR) and your own 2 feet. With these 2 tools at your disposal, you can see literally all of Hong Kong. When you first arrive, you will definitely want to pick up an Octopus Card, the city's mass transit refill card which permits you to swipe onto any of the public transport alternatives in Hong Kong, which includes buses and trains. This is much like the Oyster Card in London.

Getting to the town is effortless, too, with a lot of cheap flights to Hong Kong from most major world cities, including Europe and North America.

What to discover

What to discover in Hong Kong would depend largely on your own likes and dislikes. The very first stop for most guests is a journey up Victoria Peak Tram, a historical funicular railway that carries people on a near-vertical ascent up to Victoria Peak, the highest point in the city overlooking Hong Kong's amazing skyline. You might also want to test Hong Kong's stunning horse racing culture. Your best bet is to catch one of the city's old street trolleys to Happy Valley

Racecourse, where you could enjoy young horses race on grass under the dim sparkle of tall skyscrapers. In Hong Kong's fashionable Soho area, a series of small streets stacked upon each other bursting with attractive shops, small eateries as well as fascinating buildings, you also can desire to have a ride on the world's longest escalator, Central-Mid-Levels-Escalator.

Hong Kong also offers various attractive galleries, or if you are looking for something a bit more spiritual, you could take the intensive travel up to the 10,000 Buddhas Monastery in Sha Tin, in which hundreds of stairs lead you past hundreds of golden buddha statues to a hilltop monastery. Hong Kong is also a shopper's paradise. From the shops in Soho to the upmarket global business stores and multi-level malls in Causeway Bay or perhaps the funky local markets on the Kowloon side of the city, you may more or less discover anything you're after – in most cases at a great price!

Where to stay

Most of Hong Kong's budget accommodation choices are situated along Nathan Road, where a few high-raised structures house youth hostels and guesthouses run by nearby families. When making your reservation for these types of lodging, make sure that you receive confirmation of your bed and be sure to check out the features before you pay, mainly because some are fairly grotty.


Upscale choices vary from major international hotel brands to local boutique hotels. Most of the time, it's possible to pay for just about any cost for a hotel room or hostel bed in Hong Kong, based on your funds.

What exactly to eat

There is only one thing better than shopping in Hong Kong, and that's eating. From small noodle joints to upscale French restaurant, you will locate all sorts of restaurant, eating hall and snack stall on earth in Hong Kong. The Kowloon peninsula, specifically the Mong Kok neighborhood, is really a haven for local Hong Kong restaurants and snack stalls peddling a variety of unusual and crazy bites to eat. On Hong Kong Island, especially in Soho and Central, there are several elegant international dining places for discerning food enthusiasts.

When to go and exactly what to pack

Hong Kong's weather conditions are virtually always mild, and can easily get quite warm and humid throughout the summer. The very best time of year to go to Hong Kong is during the autumn, winter and spring while the temperatures are most liveable. Summers can be really humid and hot in Hong Kong.

It's ideal to pack light and portable garments which breathes and is relaxing for a day of strolling. When you want to travel during the winter, ensure that you bring at least a lightweight jacket or coat in case of a cold spell.

Hong Kong Company Formation

If you are an entrepreneur looking to set up a company overseas, Hong Kong is an optimal jurisdiction for many businesses. Whether you own an established company or a startup, Hong Kong's combination of a globalized economy with a low corporate tax advantage make it a prime place to incorporate an offshore company.

Corporate Tax in Hong Kong

Any Hong Kong company conducting business in Hong Kong is liable to corporate tax. Profits sourced in Hong Kong are taxed at a low rate of 16.5%, and unincorporated businesses are taxed at 15%. Profits that are sourced overseas, also known as ‘offshore profits', benefit from a zero tax rate, even when remitted back to Hong Kong. Profits derived from operating ships in Hong Kong are treated as ‘offshore profits' and are not liable to tax, but profits derived by professional reinsurers for reinsuring offshore risks are taxed at 8.25%, i.e. half the corporate tax rate.

Hong Kong has one of the lowest corporate tax rates in Asia and internationally, at 16.5%. Combined with low personal income tax, HK's tax system is an attractive advantage for foreign entrepreneurs looking to expand their business into Asia. An effective tax system allows companies to conduct business without being overpowered by their tax liabilities.

Hong Kong Company Incorporation

A central hub for business in Asia, Hong Kong is extremely popular for its political stability, economic freedom and tax benefits.
  • Hong Kong has the most globalised economy in the world, according to the newly released Ernst & Young Globalisation Index (2011). The report analyzed 60 of the world's largest economies in regards to the five categories of i) openness to trade, ii) capital movements, iii) exchange of technology and ideas, iv) movement of labor and v) cultural integration.
  • Hong Kong is the most economically free country in the world, rated by the Heritage Foundation and the Wall Street Journal (2011).
  • Hong Kong is positively ranked as the world's 13th least corrupt country, in the 2010 Corruption Perceptions Index by Transparency International, a measure of corruption amongst public officials and politicians.
  • A Hong Kong company is subject to one of the lowest tax rates in the world for a developed country, rated the world's 3rd friendliest tax system by Forbes' Tax Misery & Reform Index (2009).

Advantages of a Hong Kong Company for Foreigners
Foreign entrepreneurs enjoy a number of advantages from Hong Kong company formation, including:

   1. Legal tax exemption on company profits, if sourced from outside HK.
   2. A company familiar to Chinese suppliers. A Hong Kong company is popular for foreigners wishing to undertake business on Mainland China.
   3. China suppliers can be paid in RMB from a Hong Kong corporate bank account.
   4. No travel is required to incorporate in Hong Kong from overseas.
   5. Hong Kong's reputation as a financial hub continues to grow and is recognized as number 3 in the world after New York and London.

Hong Kong is a reputable, regulated international trading jurisdiction. Hong Kong company formation is especially popular with foreign investors setting up regional or global headquarters, particularly those looking toaccess markets in China.

Hong Kong Company Options
Foreign entrepreneurs wishing to set up a company in Hong Kong have 3 avenues to pursue. The types of business entities available are:
 
1. Hong Kong Limited Company – this form of company, sometimes referred to a subsidiary company, enjoys all the benefits of a fully incorporated business. The term Hong Kong Offshore Company can also be applied to a Limited Company if it sources all of its business income outside of Hong Kong. The HK corporate tax system means that such a company is a tax-free company.

2. Branch Office – a Branch must register with the HK Companies Registry as a non-Hong Kong company and is not a separate legal entity from its parent company.

3. Representative Office – a rep office cannot undertake profit making business operations so is not suitable for objectives of most foreign entrepreneurs.

Fees & support services

Company formation in Hong Kong incurs standard fees, which can include company registration, resident company secretary (if required), virtual office, auditing and tax, government licenses, and opening a Hong Kong corporate bank account. Reputable consultants are the best means to incorporate your business, to ensure all legal paperwork and fees are filed properly. Additionally, virtual office services can be a big money saver as it meets the requirement of having a registered office in Hong Kong and allows you to save the brick-and-mortar hassles of traditional set ups, if your business doesn't justify the extra costs. Hong Kong is an excellent location for international entrepreneurs to register their business. Hong Kong is a diverse multi-cultural environment and its recognition as an international business hub and exciting place to live will continue to support the investment from foreign entrepreneurs.