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In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising the majority. [23] The Economic Freedom of the World Index lists Hong Kong as the freest economy, with a score of 8.58 based on data from ...
Hong Kong's manufacturing industry is located in Guangdong province which employs over 11 million people. [6] The Hang Seng Index has lost over 60 percent of its value, property market lost over 40 percent in value and unemployment is at a record high of 4.8 percent.
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
Wall Street Journal / The Heritage Foundation – Index of Economic Freedom: 2016 & 1 & 178 Singapore 2, S.Korea 27, Japan 22, M.China 144 MIT - Economic Complexity Index: 2014 & 40 & 144 Singapore 8, S.Korea 6, Japan 1, M.China 37 PwC/World Bank - Overall Paying Taxes 2014 & 4 & 189 Grant Thornton - Global Dynamism Index 2013 & 16 & 60
The misery index is an economic indicator, created by economist Arthur Okun. The index helps determine how the average citizen is doing economically and is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate .
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology.
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The worst decline among world markets was in Hong Kong, where share values dropped by 45.8 percent. [51] In its biggest-ever single fall, the Hang Seng Index of the Hong Kong Stock Exchange fell by 420.81 points, eliminating HK$65 billion' (10 percent) of its share value. [57]