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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]
The territory that now comprises Hong Kong was loosely part of China during the Qin dynasty (221–206 BC), and the area was part of the ancient kingdom of Nam Viet (203–111 BC). [21]
These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong.
Hong Kong Island (Chinese: 香港島; Jyutping: Hoeng1 gong2 dou2; Cantonese Yale: Hēunggóng dóu) is an island in the southern part of Hong Kong.The island, known originally and on road signs simply as "Hong Kong", had a population of 1,289,500 and a population density of 16,390 per square kilometre (42,400/sq mi), [2] as of 2023.
Under the 2024-25 budget, total government expenditure is set to rise by 6.7 percent to HK$776.9 billion (US$99.23 billion). [3] Head of government
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.
Cantopop (Jyutping: Jyut 6 jyu 5 lau 4 hang 4 kuk 1; Traditional Chinese: 粵語流行曲), also called HK-pop, has dominated and become synonymous with local music culture since its birth in Hong Kong, though the gradual fall of Cantopop in the mid-1990s had given rise to other forms of pop culture, mainly Japanese, Korean, and western music ...
Britain acquired Hong Kong Island in 1842, the Kowloon Peninsula in 1860, and the lease of the New Territories in 1898.. By the 1820s and 1830s, the British had conquered parts of India and had intentions of growing cotton in these lands to offset the amount of cotton they were buying from America.