Hong Kong Has All But Abandoned the Dollar Peg - Bloomberg

toggle hong kongThe best area to stay in Hong Kong is on Hong Kong Island near Central and the nearby suburbs; Sai Ying Pun and Sheung Wan, Wan Chai and Causeway Bay. TsimHong Kong is officially part of the People’s Republic of China. But—and this is crucial— it’s not just another Chinese city. Hong Kong is classified as a Special Administrative Region (SAR) under Chinese law.