Hong Kong- Youtube.com, one of the top five websites in Hong Kong, ranked at No. 4 with a 2.02% market share according to Hitwise’s September data, has launched a Hong Kong version (hk.youtube.com). The Hong Kong site will turn YouTube into a more domestic video channel which can cater for the majority of Hong Kong users, Carat Media Services Hong Kong advises its clients. “In the world of user generated content, video websites seem to be more attractive and engaging to users, which could definitely benefit advertisers to create time with their target audiences,” Carat adds.