Travel & Accommodation

Destination Hong Kong

Hong Kong

Renowned for its expansive skyline and deep natural harbour, Hong Kong is one of the two special administrative regions (SARS) of the People’s Republic of China (PRC), the other being Macau. As one of the world’s leading international financial centres, with a perfect amalgamation of chinese and western influences, it is truly and rightfully known as “Asia’s World City” of “East meets West” destination.

To ensure you have a comfortable stay during the congress, we have briefly put together some important information. We hope you find this helpful.

Bank

Major banks are open from 9:00am to 5:00pm Monday to Friday, and 9:00am to 12:30pm on Saturday. They close on Sundays and public holidays.

Currency

Legal tender is the Hong Kong Dollar (HKD). There are 100 cents in a dollar. Coins, issued by the government, are bronze-colored for 10 cents, 20 cents and 50 cents; silver-colored for HKD1, HKD2, HKD5, nickel and bronze for HKD10. Notes issued by HSBC and Standard Chartered Bank have denominations of HKD10, HKD20, HKD50, HKD100, HKD500 and HKD1000. The Bank of China issues all of the denominations except HKD10.

Exchange Rates

Since the mid-1980s, the value of the Hong Kong dollar has been pegged at HKD7.8 to the US dollar, and consequent rates of exchange to other currencies. However, the market rate exchange to the US dollar fluctuates marginally. Banks and money changers charge commission. Similarly, commissions are payable in hotels and major retail outlets which provide exchange facilities for their customers.

Opening Hours

The vast majority of shops are open every day throughout the year, some only closing during the Chinese New Year holiday. Generally, opening hours are 10:00am – 7:00pm. However many stores in busy retail areas like Causeway Bay and Tsim Sha Tsui stay open until 9:30pm or even later, particularly on weekends. Shops in Central close as early as 7:00pm.

Tips

Most restaurants will levy a 10% service charge but waiters will expect to be given some loose change. Restaurants, which do not add a service charge, will expect a 10% tip. However, tipping is left to your discretion. Bellboys, porters, restroom attendants and taxi drivers will happily accept loose change.

Electricity

The standard electrical voltage in Hong Kong is 220 volts AC, 50HZ, so you will need an adaptor for your 100-volt appliances and electrical equipment. The majority of electrical outlets in Hong Kong take a three-pronged plug. You can buy an inexpensive adaptor for your equipment when you arrive in Hong Kong.