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The Hong Kong Stock Exchange is the seventh-largest in the world, with a market capitalisation of HK$30.4 trillion (US$3.87 trillion) as of December 2018. [224] Hong Kong is ranked as the 18th most innovative territory in the Global Innovation Index in 2024, [ 225 ] and 3rd in the Global Financial Centres Index . [ 226 ]
On 17 January 2005, the AA acquired 49% stake of Hangzhou Xiaoshan International Airport, with HK$ 1.99 billion, compared to bids by Singapore Changi Airport, Copenhagen Airport, Houston International Airport and BAA plc. A new holding company of Xiaoshan Airport will be formed and be listed on the Hong Kong Stock Exchange.
English was the sole official language of Hong Kong from 1883 to 1974. Only after demonstrations and petitions from Hong Kong people demanding equal status for Chinese [7] [better source needed] did the language become official in Hong Kong from 1974 onward.
Many protesters accused of the Hong Kong government spending HK$69.9 billion (US$9 billion) for an unnecessary railway just to please Beijing. [15] Some also feared it was for the benefit of the People's Liberation Army in order to mobilise its troops quicker.
Hong Kong Airlines Limited (HKA), operating as Hong Kong Airlines (Chinese: 香港航空公司), is an airline based in Hong Kong, with its headquarters in the Tung Chung district and its main hub at Hong Kong International Airport.
The airport opened its third runway in July 2022 as part of a HK$141.5 billion expansion project that would increase its land footprint by 50%. [211] On the other hand, there exists only one airway between Hong Kong and mainland China, and this single route is often and easily backed up causing delays on both sides.
8 May – The ban on gathering of more than 4 people relaxes to 8 people. [8] [9]15 May – The Independent Police Complaints Council exonerates the police. [10]27 May The Chinese National People's Congress votes in favour of national security legislation that criminalizes "secession," "subversion," "terrorism," and foreign interference in Hong Kong; [11] the legislation grants sweeping powers ...
Currently, government departments, particularly the Survey and Mapping Office of the Lands Department, consult the Chinese Language Department [clarification needed] of the Civil Service Bureau before gazetting names and the latter vet proposed names using the Three Way Chinese Commercial/Telegraphic Code Book, originally published by the Royal Hong Kong Police Force Special Branch for ...