The process culminated in 2005 and 2006 with public listings in Hong Kong of China's three largest banks.
It could be the Hong Kong Bank of China, a private commercial bank, which is already issuing dollar-linked banknotes in Hong Kong, which circulate alongside banknotes from the government and other private banks.
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Lau Nai-keung, a Hong Kong member of China's National People's Congress, adds that because of Macau's reliance on tourism, its low tolerance for troublemakers is understandable.
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Minmetals Resources, a Hong Kong-listed unit of China Minmetals, jumped by 6 Hong Kong cents (1 cent), or 4.7%, to 1.34 Hong Kong dollars (17 cents).
However, the ban appears to have been lifted as more and more internet users see the Zhu Ling case as a touchstone for the rule of law in China, University of Hong Kong's China Media Project notes.
Ironically, the software industry's chances of beating the pirates may well improve when Hong Kong becomes part of China in July.
Yet for all the speculation last year that the currencies of Hong Kong and China stood on the faultline of international financial shocks, there was remarkably little reaction to the real's floating.
One good example, earlier this year, was the decision by HarperCollins a subsidiary of Rupert Murdoch's News Corporation to cancel Christopher Patten's memoirs as the last governor of Hong Kong out of deference to China's rulers.
Hong Kong Red Chips--shares of Chinese firms listed in Hong Kong, such as Citic Pacific or China Telecom, are treated separately from the rest of the Hong Kong market, because they tend to be more volatile and have different accounting standards.
She finds the women of Hong Kong and China very progressive in their understanding and love of fashion.
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However, Hong Kong is part of China, which has a civil-law system, under which the ultimate power of interpretation is vested in the NPC's Standing Committee (SC).
On December 10th, Wang Xuebing, the former head of Bank of China in Hong Kong (the listed arm of one of the mainland's big four state-owned banks) was jailed for 12 years for graft.
Yet, with the British gone, what is Hong Kong if not part of China?
The two largest holdings in the fund are Hong Kong-listed shares of China Shenhua Energyand China Coal Energy.
After the war in Vietnam came to an end, Heymann became the Hong Kong and China distributor of Bose and Revox equipment.
As a strategic gateway between Hong Kong and the rest of China, the manufacturing hub has attracted luxury hotels like The St.
The arrangements set in place for the transfer of Hong Kong to China give grounds for confidence that China can be governed by different systems.
"In the short term, people are looking for excuses to short or sell into a weaker market, " said Bertram Lai, head of Hong Kong and China research at CIMB.
But on its commitment to let Hong Kong people run Hong Kong, China has flouted its promise of autonomy in everything apart from foreign affairs and defence.
This would be a substantial improvement, equivalent broadly to reducing the amount of corruption in China to that of Hong Kong, or from that in Argentina to the amount in Spain.
China Construction Bank jumped 2.6% in Hong Kong and Industrial and Commercial Bank of China ended up 2.7%.
Hui Wing Mau is the chairman of Hong Kong-listed Shimao Property Holdings, one of China's largest real estate developers with more than 70 projects currently under way, according to the company's latest financial report.
As an international banking expert, a rarity in China, he was also invited to be an independent director of the Bank of China in Hong Kong.
Most importantly, Mr Ma professes not to give a damn what the Hong Kong government does, reinforcing China's promise to supervise in Hong Kong only matters of foreign affairs and defence.
But if Li is to be trusted, and the assessment of Barclays in Hong Kong accurate, then China is crossing its own Rubicon in a sort of mild insurrection against old-style Communism.
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However, the investment environment has been subdued this year in Hong Kong because of the slowdown in China.
London also is collaborating with Hong Kong with the aim of offering China's companies something they can't get in Shanghai: an international listing.
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