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China (Chinese) is a cultural region, an ancient civilization, and, depending on perspective, a national or multinational entity extending over a large area in East Asia.
Hong Kong, officially the Hong Kong Special Administrative Region of People's Republic of China, is a territory located on China's south coast on the Pearl River Delta, bordering Guangdong province to the north and facing the South China Sea to the east, west and south. It has a population of 6.9 million people, and is one of the most densely populated areas in the world.
The field of finance refers to the concepts of time, money and risk and how they are interrelated. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.
Beginning as a trading port, Hong Kong became a dependent territory of the United Kingdom in 1842, and remained so until the transfer of its sovereignty to the People's Republic of China in 1997. Along with Macau, Hong Kong is one of two Special Administrative Region of the People's Republic of China and is not considered part of mainland China. Under the "one country, two systems" policy, Hong Kong has a high degree of autonomy, is largely self-governing, and maintains a highly capitalist economy.
Renowned for its expansive skyline and natural setting, Hong Kong is one of the world's leading financial capitals and a major business and cultural hub. Its identity as a cosmopolitan centre where east meets west is reflected in its cuisine, cinema, music and traditions, and although the population is predominantly Chinese, residents and expatriates of other ethnicities form a small but significant segment of society.
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