Surrounded by the South China Sea and the Pearl River Delta, Hong Kong is politically a "Special Administrative Region" under the supervision of the People's Republic of China. Home to over 7.5 million people, Hong Kong is also one of the most heavily populated regions in the world, with nearly 95 percent of its residents ethnic Chinese. The majority of Hong Kong residents speak Cantonese.
Hong Kong is third among world financial centers and presents a capitalist service economy heavily supported by free trade and low taxation. Consistently ranked high as a place offering economic freedom, excellent quality of life and governmental transparency unmarred by corruption, Hong Kong is also an Asian Tiger famous for its influential Hong Kong Stock Exchange, the seventh largest stock exchange in the world.