Hong Kong's pleasure boat industry is well established and constitutes a mature boating market featuring superyachts, motorboats, sailing yachts, dinghies, windsurfers, RIBs and all manner of the latest watercraft. A number of international brand names have established their regional headquarters in Hong Kong, and several local shipyards have established themselves as international brands. With the development of boating in China, Hong Kong is well placed to play an important role in this emerging market.