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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$3.87 trillion) as of December 2018. [224] Hong Kong is ranked as the 18th most innovative territory in the Global Innovation Index in 2024, [ 225 ] and 3rd in the Global Financial Centres Index . [ 226 ]
A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery.
On 17 January 2005, the AA acquired 49% stake of Hangzhou Xiaoshan International Airport, with HK$ 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.
During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time ...
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%. [209] 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.
The Mass Transit Railway (MTR) is a major public transport network serving Hong Kong.Operated by the MTR Corporation (MTRCL), it consists of heavy rail, light rail, and feeder bus services, centred around a 10-line rapid transit network, serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories.
Government House, located on Government Hill in Central, Hong Kong, is the official residence of the Chief Executive of Hong Kong.It was constructed in 1855 as a Colonial Renaissance-style building, but was significantly remodelled during the Japanese occupation, resulting in the current hybrid Japanese-neoclassical form.
Container handling in Hong Kong Kwai Tsing Container Terminals from the adjacent MTR line. Hong Kong is one of several hub ports serving the South-East and East Asia region, and is an economic gateway to mainland China.