Rightly or wrongly, Hong Kong is often compared with Shanghai or Singapore in various ways.
From attracting foreign capital and talents to staging mega-concerts and events, the three places are seen as competing against each other.
But while rivalry has become unavoidable on the global stage these days, Hong Kong certainly has its own unique strengths and appeal.
Concerns have been raised as big names such as Taylor Swift and Lady Gaga bypassed Hong Kong for performances in Singapore and elsewhere.
Separately, Shanghai has no fewer than 178 sporting events and other attractions lined up this year as part of an economic revival strategy similar to that of Hong Kong.
The mainland metropolis staged two concerts by American diva Mariah Carey last week and will welcome renowned singer Katy Perry in November.
With many regional counterparts also proactively promoting the mega-events economy, standing still means losing out. Hong Kong is therefore right in staging more events to stimulate the economy and consolidate its status as Asia’s events capital.