Is that $26 a month merely a direct translation at the going financial rate (about 200 HKD), or is that taking in to account the general wages of Hong Kong in general?
For example, when you're paid $3000/month, $26 is nothing, but if you're only paid $800 a month (like many in Hong Kong), then that 200HKD is no longer comparable to $26. It's more like $98 a month.
Living in Japan, I get a lot of comments about how expensive video games are here (6000yen or 71USD). The fact is 6000 yen is more like 60USD, as long as you're living and working in Japan. Just because the USD is in the crapper, doesn't mean that all of our products suddenly got more expensive.
</rant>
By the way, we have 1Gbps here in Japan as well... I believe it's only 70-100USD a month?