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Hong Kong, the full name of the People's Republic of China (Hong Kong Special Administrative Region of the People's Republic of China, abbreviated: HKSAR). It consists of Hong Kong Island, Kowloon Peninsula and the New Territories (including Lantau Island and over 230 islands). It is located in South China, on the east side of the Pearl River Estuary, north across the Shenzhen River and Shenzhen and Shenzhen; west and Macau across the sea; south to the South China Sea. Hong Kong is a highly prosperous international metropolis. It is the third largest financial center in the world after New York and London. It is also known as Newport Harbor in New York and London.