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	<title>Hong Kong Business Blog</title>
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	<link>http://www.hongkongcentral.info/blog</link>
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	<lastBuildDate>Fri, 20 Apr 2012 08:36:28 +0000</lastBuildDate>
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		<title>Hong Kong By Night</title>
		<link>http://www.hongkongcentral.info/blog/hong-kong-by-night/</link>
		<comments>http://www.hongkongcentral.info/blog/hong-kong-by-night/#comments</comments>
		<pubDate>Fri, 20 Apr 2012 08:36:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Hong Kong Hotel]]></category>
		<category><![CDATA[Jumbo Kingdom]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=33</guid>
		<description><![CDATA[Hong Kong is certainly a diverse city and natural attractions stand among modern buildings and many of the attractions here look stunning by night. The lights of the city give Hong Kong a glow that brings it to life and many of the daytime attractions here are well worth seeing at night. Victoria Harbour Arguably [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong is certainly a diverse city and natural attractions stand among modern buildings and many of the attractions here look stunning by night. The lights of the city give Hong Kong a glow that brings it to life and many of the daytime attractions here are well worth seeing at night.</p>
<p>Victoria Harbour</p>
<p>Arguably the best place to visit once the sun has set is Victoria Harbor where countless cruises and boats take to the waters for the ultimate views of the city by night. Dinner cruises are popular and the city literally sparkles from the water in a way that can&#8217;t be experienced from anywhere else in Kong Hong.</p>
<p>The Peak</p>
<p>The Peak is open until midnight seven nights a week and provides a truly unique viewpoint of the city by night. The lights of the buildings and skyscrapers are breathtaking from the high vantage point provided by The Peak and there are a few places to wine and dine on the summit that allow you to see the whole city from high up.</p>
<p>Jumbo Kingdom</p>
<p>The Jumbo Kingdom is home to one of the world&#8217;s biggest floating restaurants and dining. Seafood is the house specialty and dining under the stars while the lights of the city twinkle makes this restaurant a huge attraction in the city. Your Hong Kong hotel will be able to make a reservation for you on request.</p>
<p>Golden Bauhinia Square</p>
<p>This attraction is well worth seeing both by day and by night as it is such a huge landmark in the city. It was built to represent the day when the People&#8217;s Republic of China took control of Hong Kong back and it is lit up at night to give it a unique presence. Many Hong Kong hotels will be familiar with this attraction and can assist you to get there during the evening.</p>
<p>Repulse Bay</p>
<p>This curved bay is stunning by night as the numerous hotels and restaurants lined at the back of the beach come alive with twinkling lights to give it a truly majestical feel. The sea water is also lit up by the backdrop of lights and the whole bay area is worth seeing by night to soak up the romantic aura it gives off.</p>
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		<title>Hong Kong: 5 Reasons To Visit</title>
		<link>http://www.hongkongcentral.info/blog/hong-kong-5-reasons-to-visit/</link>
		<comments>http://www.hongkongcentral.info/blog/hong-kong-5-reasons-to-visit/#comments</comments>
		<pubDate>Thu, 22 Mar 2012 08:46:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[Accommodation]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Travel & Tourism]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=30</guid>
		<description><![CDATA[1. Easy Access and World&#8217;s Best Airport You must visit Hong Kong if you plan to travel China. Hong Kong is a major transportation hub in Asia and is a gateway to China. It is extremely easy to find your way here. There are daily direct flights connecting Hong Kong to major cities in Europe [...]]]></description>
			<content:encoded><![CDATA[<p>1. Easy Access and World&#8217;s Best Airport</p>
<p>You must visit Hong Kong if you plan to travel China. Hong Kong is a major transportation hub in Asia and is a gateway to China. It is extremely easy to find your way here. There are daily direct flights connecting Hong Kong to major cities in Europe and N. America. </p>
<p>2. Great Choices of Accommodation</p>
<p>You must visit Hong Kong because you are able to find an accommodation that suits your need, whether luxury, budget or something in between. </p>
<p>For luxury holiday makers, Hong Kong has almost all the world famous 5-star hotels &#8211; Grand Hyatt, Mandarin Oriental, Peninsula, Four Seasons, many more to name.</p>
<p>3. Gourmets&#8217; Paradise</p>
<p> Hong Kong culinary market is dominated by Cantonese food, one of the yummiest among all Chinese food. Cantonese food is world famous for its simple cooking method and fresh ingredients used. A seafood dinner is a must. </p>
<p>Hong Kong is not only famous for Cantonese food. You can find any other Chinese food here and any other kind of food from all over the world.</p>
<p>4. Shoppers&#8217; Paradise</p>
<p>You must visit Hong Kong if you want to buy luxury goods at the lowest price. Genuine luxury brands like LV, Prada, Corum, Burberrys and many other world famous designers&#8217; labeled products are sold at unbeatable prices. </p>
<p>Hong Kong is also a place where you can buy the trendiest everything with the lowest price in the world &#8211; mobile phone, computer, digital camera, electronics, fashion and accessories etc. You must be convinced by the wide range of choices and their low prices.</p>
<p>5. Most Beautiful Night View and Skyline</p>
<p>You must visit Hong Kong if you are not impressed by any other night views you&#8217;ve seen.</p>
<p>The Intercontinental Lobby Lounge is included in the book 1,000 Places To See Before You Die. Would it be over rated? No, it is not, because it is one of the best places to view the beautiful Hong Kong skyline at night.</p>
<p>Hong Kong at night is stunning for many reasons. Beautiful buildings are highly condensed with layers of colours spreading from the harbour up to the peak. You can take a panoramic view from distance. Or you can ride on Star Ferry to have a close look.</p>
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		<title>The Cultural Treasures Of Hong Kong</title>
		<link>http://www.hongkongcentral.info/blog/the-cultural-treasures-of-hong-kong/</link>
		<comments>http://www.hongkongcentral.info/blog/the-cultural-treasures-of-hong-kong/#comments</comments>
		<pubDate>Mon, 19 Mar 2012 04:37:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Arts and Entertainment]]></category>
		<category><![CDATA[Cultural]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=27</guid>
		<description><![CDATA[Hong Kong is a Special Administrative Region of China. It is known for its beauty and astounding progress. Further, skyscrapers and high rises are seen all over the region. The region is an important trade center and has also established itself as a globally leading international financial center. The place has a splendid Heritage Museum [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong is a Special Administrative Region of China. It is known for its beauty and astounding progress. Further, skyscrapers and high rises are seen all over the region. The region is an important trade center and has also established itself as a globally leading international financial center.</p>
<p>The place has a splendid Heritage Museum which showcases its culture and history. It adds to the charm of this beautiful city. This cultural institution is offered complete support by the government. Many interactive programs and exhibitions are organized for the benefit of visitors. The valuable artifacts present here are admired by locals and tourists alike. Further, there is a theater where talks are held and shows performed. The museum cafe offers a perfect place to relax.</p>
<p>Travel to Hong Kong to unravel its tourist treasures. Travelers should definitely visit the Sam Tung Uk Museum. This museum displays a walled Hakka village. Chan Yam-shing, a clan patriarch, took the leadership of building the museum. Twelve original houses, ancestral halls, assembly halls and the entrance are preserved till date. Day-to-day objects of Hakka village life and agriculture implements of the villagers are kept here. A lecture theater, an exhibition hall, a reception area and an orientation room are also a part of the museum.</p>
<p>The Museum of Art is another cultural institution which is maintained by the Leisure and Cultural Service Department. This museum is a healthy promoter of art and has more than 15,700 art objects. These objects include ancient Chinese treasures, paintings and calligraphy works. Various educational programs are also held here.</p>
<p>Adman Smith Alaxander Is A English Writer. He Graduated From California State University in 2008 with English Literature. He is writing for different domain as health, services, travel and real estate. Presently He is writing for cheap flights to Hong Kong And Travel to Hong Kong.</p>
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		<item>
		<title>Site of the Month for September 2011</title>
		<link>http://www.hongkongcentral.info/blog/site-of-the-month-for-september-2011/</link>
		<comments>http://www.hongkongcentral.info/blog/site-of-the-month-for-september-2011/#comments</comments>
		<pubDate>Fri, 30 Sep 2011 03:59:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=24</guid>
		<description><![CDATA[Site of the Month for September 2011 deals with Hong Kong Business. Hong Kong Business Directory links to related local websites in Hong Kong including business, culture, society, economy, investment, law, computer, health, education, beauty, entertainment, transport, lodging, business, shopping, and environment and others.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.hongkongbusinessguide.com/"><img src="http://www.hongkongbusinessguide.com/images/logotext.gif" alt="Hong Kong Business Directory" class="aligncenter"/></a><br />
Site of the Month for September 2011 deals with <a href="http://www.hongkongbusinessguide.com/">Hong Kong Business</a>. Hong Kong Business Directory links to related local websites in Hong Kong including business, culture, society, economy, investment, law, computer, health, education, beauty, entertainment, transport, lodging, business, shopping, and environment and others.</p>
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		<item>
		<title>How do I wire money to Hong Kong from US?</title>
		<link>http://www.hongkongcentral.info/blog/how-do-i-wire-money-to-hong-kong-from-us/</link>
		<comments>http://www.hongkongcentral.info/blog/how-do-i-wire-money-to-hong-kong-from-us/#comments</comments>
		<pubDate>Sat, 09 Jul 2011 09:47:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[HongKong Travel]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[US]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=21</guid>
		<description><![CDATA[1. If you intend to go to HK, bring an ATM card from a US bank which is on the PLUS ATM network. Using a Plus ATM card, you can withdraw money directly from your US account in HK, at various ATMs of the Hongkong Bank which display the Plus symbol. Of course, if you [...]]]></description>
			<content:encoded><![CDATA[<p>1. If you intend to go to HK, bring an ATM card from a US bank which is on the PLUS ATM network. Using a Plus ATM card, you can withdraw money directly from your US account in HK, at various ATMs of the Hongkong Bank which display the Plus symbol. Of course, if you are going yourself, you can also consider Traveller&#8217;s Check or even cash if the amount is still reasonable to do so.</p>
<p>2. You can send the recipient a US Dollar personal check, which they can deposit with their bank. However, the check will take about 1 month to clear.</p>
<p>3. Go to a branch of a Hong Kong based bank in your area, e.g. Hong Kong and Shanghai Banking Corp. or Hang Seng Bank in any major metropolitan area with a significant Chinese population, and purchase a Bank Draft or Cashier&#8217;s Check. Enquire if they can issue drafts in HK$ drawn on their account with their HK parent. Otherwise, check if they have provisions to clear their checks quickly (eg. if deposited with a particular HK bank).</p>
<p>4. Of course, you can always tell your bank to initiate a wire transfer, or get a HK based bank in your area to do it (probably better, since they are used to doing it).</p>
<p>5. ETC International (similar to 1. above, but subject to transaction fee) This is actually quite popular in Canada now.</p>
<p>6. Bank Draft. Every bank in HK that issues US$ Bank Draft can draw on their accounts in the US, so worst case is 7 days to clear. Add the time to deliver the physical draft to the recipient (2 &#8211; 7 days).</p>
<p>7. Cable/Telex/Wire transfer. Yes they are all different (in speed), and subject to service charge. Hang Seng Bank seems to charge a fixed fee for amounts up to some large number, and is probably cheapest. Note that the recipient will ALSO be charged a fee, typically USD 10 to USD 15, so if you wire $5000, they may only get $4990. This is caused by the Fed Wire Transfer between the correspondent bank (ie. the bank that, for example, Hang Seng deals with), and the receiving bank.</p>
<p>8. Cash. What else</p>
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		<item>
		<title>Business Culture in Hong Kong</title>
		<link>http://www.hongkongcentral.info/blog/business-culture-in-hong-kong/</link>
		<comments>http://www.hongkongcentral.info/blog/business-culture-in-hong-kong/#comments</comments>
		<pubDate>Sat, 21 May 2011 07:21:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Business Culture]]></category>
		<category><![CDATA[Chinese Culture]]></category>
		<category><![CDATA[Hong Kong]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=19</guid>
		<description><![CDATA[It is important to learn the Hong Kong business culture before doing any business in the country because it will definitely affect your relations with them. Know that Chinese culture is the dominant business and social influence in the environment. The pace of life in the country is hectic and its residents are highly entrepreneurial [...]]]></description>
			<content:encoded><![CDATA[<p>It is important to learn the Hong Kong business culture before doing any business in the country because it will definitely affect your relations with them. Know that Chinese culture is the dominant business and social influence in the environment. The pace of life in the country is hectic and its residents are highly entrepreneurial with strong commercial instincts. Chinese are also hardworking and very competitive. They are also very conscious of their face or image that is why they highly value their education which according to them will ensure one&#8217;s social and economic mobility. Families are hierarchical and members are committed to upholding the family&#8217;s honor through loyalty, respect and obligations. Introductions and connections are not essential in Hong Kong although they help in establishing credibility for business. Hiring a local representative to initially develop the business is advisable.</p>
<p>It is good to learn how to do the proper Chinese way of greeting so as to show respect for the culture and establish a good impression on them. Bowing is their way of greeting and when a handshake is made be gentle because they are not used to close and intimate interactions with foreigners or strangers for that matter. Because they recognize seniority, be conscious of greeting the most senior member first.</p>
<p>Hong Kong Business Culture may also be described as results or role-oriented rather than that of the Western values of personal and social growth. Avoid confrontation and aggression. Remember to use language diplomatically. Refrain from directly refusing anyone by saying &#8220;I will try&#8221; or &#8220;I will see.&#8221; Be modest in all you behavior and also keep you calm.</p>
<p>Gift giving is also a part of doing business in Hong Kong. It helps establish or maintain relationships. Avoid giving clocks, books, green hats and anything unwrapped or wrapped in blue. Gift money in a red envelope is known as hong boa. Accept gifts with both hands and remember that gifts are to be reciprocated. A meal could also be a form of gift for the Chinese. Be punctual and courteous in meetings. Do not set appointments on Chinese New Year because they look forward to this time for vacation.</p>
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		<title>How to Set Up a Hong Kong Company</title>
		<link>http://www.hongkongcentral.info/blog/how-to-set-up-a-hong-kong-company/</link>
		<comments>http://www.hongkongcentral.info/blog/how-to-set-up-a-hong-kong-company/#comments</comments>
		<pubDate>Fri, 11 Jun 2010 02:51:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Hong Kong Business]]></category>
		<category><![CDATA[Hong Kong Company]]></category>
		<category><![CDATA[Hong Kong Travel]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/how-to-set-up-a-hong-kong-company/</guid>
		<description><![CDATA[Hong Kong provides entrepreneurs a number of options as to what kind of company to set up in Hong Kong. Liberal government laws make it the offshore destination of choice when it comes to company registration. Most entrepreneurs prefer to set up a Hong Kong company as a Limited company for the following reasons. Limited [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong provides entrepreneurs a number of options as to what kind of company to set up in Hong Kong. Liberal government laws make it the offshore destination of choice when it comes to company registration. Most entrepreneurs prefer to set up a Hong Kong company as a Limited company for the following reasons.</p>
<p>Limited companies</p>
<p>Limited companies are companies that shoulder limited liabilities from a legal standpoint. The liabilities of the shareholders and proprietors are limited to the value of the shares they hold. This means during a legal tussle, the proprietor or shareholders can only stand to lose the nominal value of their shareholdings. The director or shareholders do not bare any personal liability to the debts of the company whatsoever.</p>
<p>In non limited companies the liabilities of the investors is not limited to their investment in the company. The shareholders are directly responsible for the creditors&#8217; losses and are required to repay the debt their company has caused to its creditors.</p>
<p>Conditions to register a limited company</p>
<p>The law allows for a company to be set up by one or more persons; furthermore one single legal or natural entity can act as a shareholder, a director, a proprietor, an investor and also a company secretary simultaneously. There are no restrictions to the nationality of the secretary involved; however it is required that he or she must be a resident. There are no restrictions on the domicile or nationality of the other members involved.</p>
<p>A company&#8217;s executive body is made up of its board of directors who are responsible for the daily functions, supervision of documentation and audits, and deciding and implementing the future course of action for the company in the AGM &#8211; Annual General Meeting. As per Hong Kong law an AGM must be held at least once a year; there is also a regulation that there cannot be a gap of more than 18 months between consequent AGM&#8217;s.</p>
<p>An alternate route to set up a Hong Kong company</p>
<p>If you, as an investor, wish to set up a company in a hurry and cannot afford to wait to complete the normal start-up procedure, there is the option of acquiring a readymade shelf company. Shelf companies are companies that have not commenced any sort or form of business and have no economic presence in the market; such companies have no liabilities or debts at the time of purchase. Shelf companies are set up as per Hong Kong laws and are registered with The Registrar of Companies and have already attained a Certificate of Incorporation. The cost to purchase a shelf company is almost comparable with that of the cost to start up and register your own company in Hong Kong. The company must then obtain a permit from the Business Registration Office to engage in commercial activities.</p>
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		<title>Hong Kong Shopping</title>
		<link>http://www.hongkongcentral.info/blog/hong-kong-shopping/</link>
		<comments>http://www.hongkongcentral.info/blog/hong-kong-shopping/#comments</comments>
		<pubDate>Tue, 13 Apr 2010 06:28:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Shopping and Services]]></category>
		<category><![CDATA[Hong Kong Business]]></category>
		<category><![CDATA[Hong Kong Shopping]]></category>
		<category><![CDATA[Hong Kong Travel]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=12</guid>
		<description><![CDATA[Hong Kong is recognized for its fast budding economy. Making a visit to this modern city, you can feel its vivacity and have a good perceptive of the local background. In Hong Kong, there are several well-to-do areas, and amid them, Tsim Sha Tsui, is one of the most renowned. At whatever time you walk [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong is recognized for its fast budding economy. Making a visit to this modern city, you can feel its vivacity and have a good perceptive of the local background. In Hong Kong, there are several well-to-do areas, and amid them, Tsim Sha Tsui, is one of the most renowned.</p>
<p>At whatever time you walk in the street, you will be come across heavy traffic and the citizens and tourists continuously throng this place. But everything is very methodical and tidy.</p>
<p>Nathan Road is the most important road of Tsim Sha Tsui. All the other streets branch out from there. Countless international brands are clustered in those streets. Particularly, the Park Lane Shopper&#8217;s Boulevard which is planned for shopping, and youth like to rove there to purchase some stylish and smart clothes. For those travelers who are hunting for cosmetics, going to the cosmetic stores in Granville Road and Harbor town will really surprise them.</p>
<p>We can enjoy a full revelation of the Victoria Bay in this region, and the suggested attractions are the Avenue of Stars and Tsim Sha Tsui Beach.</p>
<p>Eateries- Steamed dumplings, cakes, steamed stuffed buns, seafood dishes, soup, etc.</p>
<p>How to reach there: Catch the subway and reach Tsim Sha Tsui or you can be on the Star Ferry to reach the destination. And the travel in Hong Kong is quite easy, so you can arrive at your end very comfortably and without difficulty.<br />
Street of Stars</p>
<p>The Avenue of Stars, to be found in Tsim Sha Tsui East, Kowloon, was constructed to showcase Hong Kong&#8217;s film industry, its past record, movie actors and those working at the rear of the camera. There are approximately 73 movie celebrities tablets inlaid on the surface of the street. Nearly 30 celebrities also left their handprints on their tablets along with Jackie Chan, Jet Lee, and Andy Lau. Sitting on the avenue is a 3-meter tall bronze figure of Kung Fu Star Bruce Lee.</p>
<p>At the doorway to the avenue is a bronze imitation of an Oscar statuette and a tiny stage for presentation. Having a walk along the avenue, tourists can find many snack shops, memento booths, a number of statues associated to movies and benches to be seated and relax.</p>
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		<title>Hong Kong Shopping Destinations</title>
		<link>http://www.hongkongcentral.info/blog/hong-kong-shopping-destinations/</link>
		<comments>http://www.hongkongcentral.info/blog/hong-kong-shopping-destinations/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 03:08:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Shopping and Services]]></category>
		<category><![CDATA[Destination]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Shopping]]></category>

		<guid isPermaLink="false">http://www.hongkongcentral.info/blog/?p=10</guid>
		<description><![CDATA[Hong Kong is probably the best shopping destinations in the world that offer various types of goods and services at reasonable costs. Hong Kong is also one of the world&#8217;s leading destinations that thrive in shopping mall tourism as well as retail therapy. In fact, Hong Kong is a shoppers&#8217; paradise. For tourists visiting Hong [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong is probably the best shopping destinations in the world that offer various types of goods and services at reasonable costs. Hong Kong is also one of the world&#8217;s leading destinations that thrive in shopping mall tourism as well as retail therapy. In fact, Hong Kong is a shoppers&#8217; paradise. For tourists visiting Hong Kong, shopping is not only a process of buying several exciting stuffs but also an important recreational as well as fun filled activity.</p>
<p>Since Hong Kong is a free international port, it keeps abreast with the world&#8217;s latest fashion trends and provides opportunities for the tourists to buy custom-free products that have been brought from across the world. No matter you want to shop fashion accessories, apparels, or electronic items, Hong Kong has superb options for all. Discussed further in this article are some of the most popular shopping areas in Hong Kong that are spread across its three major sections such as the Hong Kong Island, Kowloon Peninsula, and New Territories.</p>
<p>One of the most prominent shopping areas in the Hong Kong Island is the Central District, which is also the economic and financial hub of Hong Kong. With a fusion of designer outlets, high-end shopping malls, and old markets, shopping in the Central District is truly an enjoyable experience. For antique collectors, Central District&#8217;s such areas as the Cat Street and the Hollywood Road are a great choice, both of which are lined with a number of antique shops.</p>
<p>Likewise, if you want to shop fabrics, souvenirs, handbags, and other fashion accessories at bargain prices, then Des Voeux Road and Queens Road in Central District are some of the popular choices. Further, the Central District is home to the world&#8217;s longest outdoor covered escalator system, the Midlevel Escalator and Walkway System.</p>
<p>Prominent shopping areas in the island also include Admirality, which comes with a great number of shopping malls, departmental stores, upscale hotels, and recreational areas. Few among the shopping options available here are Pacific Place and Queensway Plaza. The Admirality stations link Hong Kong Island&#8217;s MTR Line with the Kowloon Tsuen Wan Line.</p>
<p>Among the significant shopping destinations in Kowloon are Mong Kok, which is a great place for shopping electronic items at bargain rates; Tsim Sha Tsui, an area designed especially for those who want to shop high-end fashion accessories; and Kowloon Tong, whose focal point is the mall Festival Walk, with more than 200 shops. When comes to New Territories, perhaps its most prominent shopping area is Tsing Yi, with a number of glitzy shopping malls.</p>
<p>With these scores of options, visitors touring Hong Kong can shop from morning to late night. But, certain important things have to be considered while shopping in Hong Kong. First of all, don&#8217;t get swayed away by illegal products. Since Hong Kong consists of a large number of stores selling same products at various prices, a smart shopper must shop around to compare prices and to buy a product at the possible least price. Likewise, it is advisable for the buyers to shop from stores or malls with membership of the Hong Kong Tourist Association.</p>
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		<title>Hong Kong Real Estate Investing</title>
		<link>http://www.hongkongcentral.info/blog/hong-kong-real-estate-investing/</link>
		<comments>http://www.hongkongcentral.info/blog/hong-kong-real-estate-investing/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 03:06:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Benefits]]></category>
		<category><![CDATA[Hong Kong]]></category>

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		<description><![CDATA[Real estate in Hong Kong is regarded as one of the costliest as well as the lucrative in the world. In other words, buildings and land in Hong Kong form a significant portion of the nation&#8217;s wealth and economy. Further, due to its attractive tax system, many international business firms and corporations find their way [...]]]></description>
			<content:encoded><![CDATA[<p>Real estate in Hong Kong is regarded as one of the costliest as well as the lucrative in the world. In other words, buildings and land in Hong Kong form a significant portion of the nation&#8217;s wealth and economy. Further, due to its attractive tax system, many international business firms and corporations find their way to Hong Kong for the establishment of their innovative projects. This in turn has led to great demand for high grade industrial and residential real estate in the city.</p>
<p>According to certain records, the cost of residential real estate in the city has gone up to US$ 585 per sq ft. The price is even higher in such posh areas as the Peak &#8211; the area between Victoria Peak and Mount Gough, covering spots such as Peak, Victoria Gap, Mount Kellet, Jardine&#8217;s Corner, Mount Gough, and Plantation Road.</p>
<p>Nowadays, great choices as well as potential are made available for those who are interested in real estate investment in Hong Kong. Additionally, real estate in Hong Kong provides great benefits to investors. The main advantage is that investing in a property in the city allows you to have access to world&#8217;s one of the established markets.</p>
<p>Another worth mentioning benefit of investing in a real estate here is that not any kind of restrictions have been imposed on international investors to buy a property or asset. Further, buying a real estate in Hong Kong is considered one of the best options for long term investment, as it can undoubtedly fetch you huge profits.</p>
<p>Hong Kong&#8217;s property buying processes are administered by the Conveyancing and Ordinance, which is modeled in the form of English Law. In other words, the real estate law of this Special Administrative Region is quite similar to the one found in the UK, which in turn has attracted many American and British real estate investors.</p>
<p>One of the unique things regarding the Hong Kong Property Law is that all of the land found here belongs to government, ie, each of the real estate in Hong Kong is held under leasehold title. Hence, those who are interested in property investment buy an agreement or a lease for a period ranging from 50 to 999 years.</p>
<p>A real estate or property in Hong Kong can be either solely owned by one person or through jointly by several investors. However, joint investment may be usually in the form of tenant or a joint tenancy. Further, a property can also be owned through a company structure. But, in case, if a company would like to conduct its business through the purchase of a property on lease, then it should be registered with the Hong Kong Companies Registry. In addition, every type of lease should be listed at the Hong Kong&#8217; Land Registry.</p>
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