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Hong Kong Hot Real Estate Market


April 2012
According to a survey by CNBC based on real estate agents Knights Frank Hong Kong is the second hottest housing market in the last five years with a growth of 93.7%.
The list is topped by China with a growth of 110.9% in that period. Israel is ranked third with a growth of 54.5%.


Hong Kong 1,500,000th Company Incorporated


September 2010
According to a press release by the Hong Kong companies registry the 1,500,000th company was registered in early September 2010.
The first HK company was incorporated in 1865, going up to 500,000 companies in 1994 and one million in 2005.
Hong Kong one of the major international business and financial centers has an efficient company registration system enabling company incorporation in four working days.
The registry anticipates that the processing time would be reduced to less than one working day soon.
Source: Companies Registry www.cr.gov.hk


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