Hong Kong July 1, 2015 is a place of varying opinions among its people concerning the way ahead. Starts 3pm from Victoria Park on Hong Kong island. Is a ‘leader’ needed or a co-ordinator and liaison between Hong Kong, the SAR executive officers and thereby the central government in far away Beijing. Note: Establishment Day, formally the Hong Kong Special Administrative Region Establishment Day is celebrated this day in Hong Kong and has been since 1997. The holiday commemorates the transfer of the sovereignty of Hong Kong from the United Kingdom to the People’s Republic of China and the establishment of the Hong Kong Special Administrative Region.