Moving beyond its manufacturing past, Hong Kong has propelled itself onto the global stage as an internationally acclaimed trading hub and financial centre. It has the second-largest concentration of ultra-high-net-worth individuals and the third-largest number of billionaires in the world.
The city and its people
While Hong Kong is urbanising itself through economic growth, the city remains rooted in Chinese culture. 92% of its population are of Chinese heritage and predominantly practice Chinese folk religion, Buddhism and Taoism. Hongkongers conscientiously adhere to Chinese geomancy, known as feng shui, with its elements incorporated into the design of the city's skyscrapers. You will notice a waterfall and luscious greenery in the compounds of the Bank of China building, which were built to invite stability, harmony and good energy. Can you spot the canon-shaped structures on the pinnacle of the HSBC building, which were erected to ward off negative energy?
Besides being home to people of Chinese descent, ethnic minorities such as Filipinos, Indonesians and Europeans also reside in the city. Conversations are held in Cantonese and English is used as a working language.
Hong Kong is heavily interconnected with mainland China, the Greater Bay Area and the world at large. Dubbed the "gateway to China", the city is a launchpad to the Chinese market and the global hub for offshore renminbi business. It is easy to travel to major cities such as London, New York, Los Angeles, Sydney, Tokyo and Seoul via the direct flights operating from Hong Kong International Airport.
- Hong Kong is one of the four "Asian Tigers" alongside Singapore, South Korea and Taiwan. These countries are lauded for their rapid industrialisation and high-income economies.
- Hong Kong has the greatest number of skyscrapers in the world.
- Can't find the fourth floor? Fear not! The number is purposefully omitted in buildings, being deemed inauspicious as it is pronounced the same way as the word "death" in Cantonese.
- Check out the Chang Chau Bun Festival, which commemorates the conclusion of a plague that occurred on the island during the 18th century. Highlights of the celebration include a bun tower climbing competition, a float parade featuring child performers and a vegetarian feast!
- The Central–Mid-Levels escalator is world's longest outdoor covered escalator system.
- Hong Kong is a star-studded city, home to martial arts legends Bruce Lee, Jackie Chan, Donnie Yen and Jet Li!
Work hard and play hard in the city of leisure
Just as Hongkongers diligently strive for success, they also unwind through recreational activities. Engage in a spot of exercise or internal martial arts – Tai Chi and Qi Gong – with locals at one of Hong Kong's numerous country parks. Embark on adventurous trails at scenic hiking destination The Peak, which also houses one of the world's oldest funicular railways, as well as the hiking spot Dragon's Back.
Yearning for a getaway? Explore Lamma Island, a village that is only 30 minutes away from the city via ferry. Snorkel and kayak in beautiful waters, savour authentic Chinese seafood and relax in beachside bars. The extensive accommodation options, from inns to resorts to hotels, will leave you spoilt for choice!
Feasting on local delights is another favourite pastime of Hongkongers, with dim sum restaurants the hallmark of Cantonese cuisine. Translated as "touch the heart", these bite-sized dumplings with an array of fillings are comfort food that soothe every Hongkonger's soul. Hong Kong-style cafes, or Cha Chaan Tengs in Cantonese, are also a must-try. Enjoy signature food and beverages such as the sweet "bo lo" bun, egg tarts, congee with Chinese cruller known as "yau ja gwei" and Hong Kong-style milk tea.
Join us at VP Wealth Management (Hong Kong) Ltd for a forward-looking professional experience in the land of tradition and adventure!