Money World – How did Hong Kong get so Rich?

History

• Junior Secondary (Secondary 2 & 3)
  • Explain how Hong Kong grew from an entrepôt to an international financial centre through examining the evolution of financial institutions and landmarks.
  • Describe the impact of foreign trading firms, banks, and various commercial organizations on Hong Kong’s urban development and economic transformation.
• Senior Secondary (Theme A)
  • Understand the origins and development of financial institutions and trading houses in the early years of Hong Kong’s founding, and identify Hong Kong’s role in Sino-foreign trade.
  • Learn about the rise and fall of ngan hos (native banks), Chinese banks, and real estate developers, and from this, understand the shifting political and economic power of local Chinese population.
  • Describe the causes and process of Hong Kong’s economic transformation in the mid-to-late 20th century, and describe the characteristics of Hong Kong’s economic development during different periods.

Chinese History

• Junior Secondary (Qing Dynasty, People’s Republic of China)
• Identify the role of trade as one of the triggering factors for the Opium Wars.
• Understand the origins and reasons for the establishment of financial institutions in the early years of Hong Kong, and discern the close economic ties between Hong Kong and China over the years.
• Explore the rise of local Chinese economic power through the stories of ngan hos (native banks) and Chinese banks.

Citizenship, Economics and Society (Secondary 1 and 2)

• Obtain a basic understanding of basic financial knowledge, such as money, savings, and financial management, and appreciate the importance of information literacy in the financial sector.
• Discern the reasons why Hong Kong has developed into an international financial centre through the evolution of various financial institutions.
• Understand the role of the Hong Kong Monetary Authority in safeguarding Hong Kong’s economic security and the importance of a stable Hong Kong economy to national economic security.

Citizenship and Social Development

• The meaning and implementation of “one country, two systems”, Economic Globalisation, Technological development and information literacy
  • Through understanding Hong Kong’s development into an international financial center, explore the critical relationship between financial regulation, banking confidence crises, social stability, and national security.
  • Understand common financial crimes and appreciate the importance of information literacy in the financial sector.”

Economics

• Money, Banks: functions and services, Hong Kong as a financial centre, Exchange rate
  • Explain the nature of money, the mechanisms for issuing notes (e.g., ‘promise to pay the bearer on demand’), and the principles determining of the value of banknotes.
  • Understand Hong Kong’s banking and financial system, and identify the reasons for Hong Kong’s development into an international financial centre through the evolution of various financial institutions.
  • Explain the importance of the linked exchange rate and the central bank role of the HKMA.

Tour Information

• We reserve the right to make changes to the information, prices and itineraries of the tours as set out in our website and all printed promotional materials. Provided that such changes have been made prior to the confirmation of a booking, such changes shall be binding on the participants.
• Any information or advice provided by us on matters including but not limited to walking routes, climate, clothing, travel documents, baggage, special equipment, etc. is given in good faith but without responsibility on the part of us.
• All information provided on our website is correct to the best of our knowledge, but we cannot assure that such information would be free from errors or omission and we shall assume no responsibilities for any such errors of omission.
• Our website may contain hyperlinks to other websites owned and operated by third parties. We have no control over, or associate with, such sites and we assume no responsibilities for the contents of such sites. The inclusion of such sites on our website does not imply our endorsement of such sites.
• We do not warrant that our website would be free from computer viruses and we accept no liabilities or responsibilities for any loss or damage that may arise as a result.

Bad Weather Policy

• If Typhoon Signal No. 3 or above, or a Red/Black Rainstorm Warning is issued three hours before the tour starts, the tour will be canceled.
• If Typhoon Signal No. 8 or a Red/Black Rainstorm Warning is issued during the tour, the tour will be canceled immediately.
• If the tour needs to be canceled due to other adverse weather conditions, we will contact you by phone at least 2.5 hours before the tour. (If there is no response, we will follow up with an SMS or email.)
• If the tour is canceled due to adverse weather on the day, we will work with you to reschedule a new date within six months from the original tour date.

Tour Reminder

• Please wear comfortable clothing and shoes for the walk. Bring an umbrella, a bottle of water and some snacks just in case.
• Each participant may bring their own 3.5mm plug headphone if they have one for the wireless transmitter/receiver system which will be used on the tour. The guide will provide them a new one otherwise, but for hygienic and environmental reasons participants are strongly suggested to bring their own earphones if possible.
• There is a possibility that our organization may take photographs or videos during the guided tour, and these captured images or footage may be used for future promotion and publicity. If participants do not agree with this arrangement, please inform the tour guide or organizer during registration and on the day of the event.