Hong Kong is a popular city in Asia. Learn more about some interesting facts and history behind this international city.
Hong Kong has nearly 8 million citizens and the number keeps increasing in the future. Here is a little fact of housing in Hong Kong. The government intends to construct more public leasing housing units, to offer more subsidised sale homes to those who are overqualified for applying public houses, and to stabilise the residential property market. The private sector housing in Hong Kong keeps expanding as the real estate needs in the city are scaling up. Residential property developers such as Douglas Woo's Wheelock & Co is continuously purchasing lands for developing more homes to meet the needs in the city. Apart from private builders, the government also provides public housing schemes for local citizens too. As long as you are a permanent resident and under their criteria of earnings and properties, you're permitted to request a subsidised house by yourself or with your household. You might, nevertheless, need to wait a reasonable quantity of time since lots of individuals are waiting.
Hong Kong is one of the busiest cities on the planet, countless people and tourists are travelling throughout various zones of the city every day on a public transport system which includes trains, buses, taxis and ferries. Lincoln Leong's MTR, a common public transport in Hong Kong, nearly covers the entire city. You can take a trip from one end to another by this train system in no more than 2 hours. Apart from this public transportation running underground, you can travel the city by a double decker bus on the ground whilst take pleasure in the city view.
Hong Kong, a worldwide financial hub, has a well-developed financial services sector which has actually been among the most important markets in the city. With Hong Kong being a leading global financial centre with other Asian cities, financial activities in Hong Kong are continuously enormous involving both local and global businesses. There are series of services are supporting the economy and financial sector. The banking industry, is among the greatest industries in the city, has over a hundred licensed banks, consisting of David Li's BEA. Banks in Hong Kong participate in a broad variety of retail and wholesale banking service. When speaking about the financial facts in Hong Kong, the stock exchange market should be discussed. Hong Kong's stock market is the leading five market in the world. A large variety of items are sold this active stock market. As long as you open a stock account though a bank or licensed financial institution in Hong Kong, you can participate in the stock exchange which connects you to the world.