Hi Avi - you didn't ask for my opinion, so apologies if it is unwanted, but have you considered a pram other than Peg Perego? The reason for asking is that I brought one for my newborn daughter and found it to be hard to steer and difficult to fold up. It was impossible to fold with one hand, which you need to do in HK quite often.
Personally, I'd recommend one of the Maclaren models. They are easy to steer, light, and you can fold them with one hand, leaving the other hand free to hold your baby whilst you are getting into taxis, on buses, etc.
Don't just take my word for it, there are a lot of negative reviews of the Peg Perego prams on Amazon.com.