Thursday, February 13, 2020

The City of Hong Kong Research Paper Example | Topics and Well Written Essays - 2500 words

The City of Hong Kong - Research Paper Example The city is surrounded by the South Sea of China on the south, west and east and borders Shenzhen city to the northern part over the river of Shenzhen. The 426 sq m. territory consists of Kowloon peninsula, New Territory and Hong Kong Island. Hong Kong’s land area is the 179th largest populated territory in the globe. Despite of being intensely urbanized, the city has tried to promote a green pollution free environment. Recent growing concern of public about the environment has prompted the harsh restriction of future land reclamation. The city’s environment has suffered from the increasing population as well as from the ever increasing rate of pollution (Goldcast, 167). Nearly about 80% of the smog of Hong Kong used to originate from several parts of Pearl River Delta. Population Density The population density of Hong Kong is 6782.92 as reported in the year 2010. Population density in Hong Kong is 6696.5. In terms of population, it is the largest city within China. In Hong Kong, urban agglomerations’ population of more than 1 million is 6982287.0. In terms of percentage, it is more than 100%. Raw Material, Principle Products and Industries The city is not enriched with raw materials. The territory has limited natural resources and little arable land. Therefore, the city used to import most of its raw materials and foods from other countries. The agricultural activity is not that much important to the economy of Hong Kong. The agricultural activity used to contribute just 0.1% of its total GDP. The city is the 11th major trading entity of World. Moreover, Hong Kong is world’s largest re-export sector. The city is the major and one of the leading producer and exporter of textiles, watches, toys, apparels, plastics and electrical appliances (Siu & Ku, 159). In Hong Kong, the major leading industries are financial services, Tourism, Logistics & Trading and professional & producer services. These industries are the driving force of the e conomic growth of the country under consideration. These specific industries used to provide impetus to growth of various sectors and help to generate employment. Competitive Advantage and Production of Goods The logistics and trading industries used to consolidate different production and economic activities. Moreover, it used to help the problem of unemployment. This particular industry currently has employed more than 770,000 employees. This industry significantly contributes to one quarter of the Chinese GDP. Due to the drastic change in the market demand, the trading industry is tending to provide highly value added trading and logistic services. Hong Kong is gradually developing into regional distribution centre for its highly valued products. This used to differ from the conventional role in the transporting elements such as finished and semi-finished goods. The city has superior control over the distribution system of superior valued goods. Moreover, the logistics industry o f Hong Kong has the potential to expand its regional services of trading and logistics. These are the competitive advantages of the Hong Kong trading that have strengthen the position of Hong Kong as the logistical hub. It has been discussed earlier that Hong Kong is not enriched highly with natural resources and raw materials. The city is famous for the apparel and textile goods, toys and electronic appliances. Currently the city has increased its import activities of these goods. It is

Saturday, February 1, 2020

Verizon Comunication Inc Research Proposal Example | Topics and Well Written Essays - 500 words

Verizon Comunication Inc - Research Proposal Example Whereas according to the RSI (Relative strength Index) the company share was over bought on 1st April 2008 and hence to maintain it normal level the share price came down. Fundamental: The Verizon Communication price share fell down by 23 cent to drop down at a level of US$35.73. The reason behind this downward movement is the investor concern over earnings of the telecommunication companies as well as the skyrocketing oil prices. Technical: The share fall due to correction in the market and it dropped to its support level of 10-day moving average. Also as we can see from the graph at (www.finance.yahoo.com) the 10 day moving average just cut down the 50 days moving average on 17 April, 2008 and forced the share price to come down accordingly. Fundamental: The Verizon Communication share price jumped 26 cent to the level of US$38.21. The reason behind this jump is the solid earning from the company for the first quarter, this solid earning control the investor worries towards slowing down economy. Technical: If we look at the graph we would be able to find out that the 10 days moving average crossed the 50 ay moving average in upward direction which is a sign of bullish pattern for the share. Also the higher volume on 28th April, 2008 pushed the share price up on 29th. Fundamental: The Verizon Communication share price dropped down by 1 cent. The reason behind this drop is the poor show by telecom companies, the quarterly earning of some low cost wireless carrier seen as a disappointment from the investor and resulted into 1 cent down for the