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Our Connectivity
Connected: Ideas, Information and Diversity

Come and learn about how the free flow of ideas, information, news, views, capital and people are all interconnected to create the world's freest economy, where East blends with West to create a free, open and tolerant society that's fully plugged into the global village.

media covering events

Hong Kong has about 32,000 creative industry-related establishments with over 176,000 practitioners, in fields ranging from jewellery design to fashion, painting to interactive games, and making music to making films.

newsstand

Hong Kong's print media scene is among the most vibrant in the world. At end-December 2009, there were 46 newspapers including 21 Chinese, 13 English, seven bilingual and five in other languages; and 640 periodicals, of which 429 were in Chinese, 94 in English, 105 bilingual and 12 in other languages. Magazines cover a wide range of subjects from public affairs to technical matters and entertainment.

About 90 international media organisations have offices in Hong Kong, which is the regional base for major international publications and news organisations such as The Financial Times, The Wall Street Journal Asia, International Herald Tribune, USA Today International, Nihon Keizai Shimbun, the Far Eastern Economic Review, TIME Asia, CNN International, Agence France-Press and Bloomberg News.

media covering events

An unrestricted flow of information and ideas is a vital factor for Hong Kong's success and allows Hong Kong to be one of the world's most free and open economies.

Satellites

Hong Kong is a global communications hub with excellent communications infrastructure. With widespread use and application of the latest technology systems, the city has built a communications network that is second to none, enabling people to keep in touch wherever they are. Hong Kong was the first major city in the world to have a fully digitised telephone network and to implement operator number portability.

By December 2009, Hong Kong had a fixed-line household penetration rate of 101.8 per cent. The number of subscribers to cellular phones was 12 million, a penetration rate of about 173.7 per cent — one of the highest in the world. Among them, over 3.8 million subscribers were 3G service customers.

In addition, virtually all households and commercial buildings are covered by the broadband network. As at December 2009, there were more than 2 million registered customer accounts for broadband Internet access services, of which the speed ranged from a few Mbps to 1 000 Mbps. Broadband household penetration rate is 81.4 per cent, one of the highest in the world. As at December 2009, over 1.17 million households subscribed to Internet Protocol TV services.

Wi Fi

Public Wi-Fi services are provided by both the Government and private sector, with nearly 8 800 wi-fi hotspots operational across the city.

Banks in Central
stock exchange

Hong Kong is an international financial centre with an integrated network of financial institutions and markets.

There are no restrictions on capital flows into or out of Hong Kong.

At the end of 2009, Hong Kong had 145 licensed banks, of which 135 were incorporated outside Hong Kong. Of the world's top 100 banks, 69 had operations in the HKSAR, while a further 71 foreign banks have representative offices. The banking sector's external assets are among the largest in the world.

Hong Kong has a mature and active foreign exchange market, which is an integral part of the global market and was the world's sixth largest center for foreign exchange trading, according to the 2007 triennial global survey by the Bank for International Settlements.

Hong Kong's stock market is one of the world's largest in terms of market capitalisation. At end 2009, 1,319 public companies were listed on the Hong Kong Exchanges and Clearing Limited main board and Growth Enterprise Market with a total market capitalisation of $17,874 billion (US$2,304.6 billion), making it the third largest in Asia and the seventh largest in the world.

legal system

The HKSAR has a tried and trusted legal system based on the English common law and underpinned by an independent judiciary. Under the 'one country, two systems' principle, the HKSAR maintains its own legal system separate to that in the Mainland.

A key element in the HKSAR's continued success is its judicial system, which operates on the principle — fundamental to the common law system — of independence from the executive and legislative branches of government. The courts make their own judgments, whether disputes before them involve private citizens, corporate bodies or the Government itself. The Court of Final Appeal (CFA) is the highest appellate court in the HKSAR, and is headed by the Chief Justice.

people of different races

Hong Kong is Asia's world city – a free, open, tolerant and cosmopolitan society where people of all races, nationalities and creeds can live in harmony, celebrate their own cultures, and contribute to the development of society.