What's your idea of a magic kingdom? If it's dancing girls, poker and expensive cigars, head to Macau. If it's dancers in animal costumes, roller coasters and fireworks, visit the real Magic Kingdom only a short ferry ride away on Lantau island. Due to open in September, Hong Kong Disneyland could solidify the Pearl River Delta as Asia's biggest tourist trap. The $1.8 billion park will boast traditional Disneyland favorites, including Space Mountain and Sleeping Beauty Castle. Disney is also building two hotels, one of which—the Hollywood—features a piano-shape swimming pool.

Hong Kong's Financial Secretary Henry Tang says the...

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