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i highly recommend cosmic guesthouse :mrgreen:
http://www.cosmicguesthouse.com/
it's a hostel right in the heart of tsim sha tsui
it's in a really old building with small elevator hehehe mirador...

CityGate Outlet Mall!!  nice place to shop for Esprit, Giordano, Benneton, Nike..
If you don't intend to stay the whole day at Disneyland, you can drop by here before going to Disney.  It's just 1...

I think if u're bringing in 10kUS dollars worth of cash (per person), then ure supposed to declare it sa (HK) Customs.
I'm not absolutely sure. But I think that's the case for the US.