Southern Hemisphere Southern Hemisphere are São Paulo, where the Bovespa Index is headquartered, along with Sydney, home to the Australian Securities Exchange, Johannesburg, home to the Johannesburg Stock Exchange and Buenos Aires, headquarters of the Buenos Aires Stock Exchange, the oldest stock market in the Southern Hemisphere. Among the most developed nations in the Southern Hemisphere are Australia, with a nominal GDP per capita of US$51,850 and a Human Development Index of 0.939, the second highest in the world as of 2016. New Zealand is also well developed, with a nominal GDP per capita of US$38,385 and a Human Development Index of
Summer Olympic Games place in Sha Tin and Kwu Tung. The modern Olympic Games were founded in 1894 when Pierre de Coubertin sought to promote international understanding through sporting competition. He based his Olympics on the Wenlock Olympian Society Annual Games, which had been contested in Much Wenlock since 1850. The first edition of de Coubertin's games, held in Athens in 1896, attracted just 245 competitors, of whom more than 200 were Greek, and only 14 countries were represented. Nevertheless, no international events of this magnitude had been organised before. Female athletes were not allowed to compete, though one woman, Stamata Revithi, ran