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I know we had a recent thread on Hong Kong, but the OP needed advice on a short layover. I'm looking for input on a week long stay in early September. I'm trying to nail down a hotel currently. We'll be going for a 5 star, since they are very reasonable. Any input on best location? Important factors are shopping, restaurants, metros and general touristy stuff. Expedia lists the following locations as choices.

Causeway Bay
Central
Hong Kong International Airport
Hung Hom
Jordan
Kwun Tong
Lantau Island
Mong Kok
North Point
Sha Tin
Tai Koo Shing
Tsim Sha Tsui
Tsuen Wan
Wan Chai
Western District

Like I did in Shanghai, we will probably take a high speed train to another city for a couple nights. No idea where yet. Thanks!