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Deng's dream lives on in Hong Kong

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SCMP Reporter

Within 24 hours, Hong Kong found answers to two of the questions most often asked surrounding its return to Chinese rule.

The death of the 'one country, two systems' policy architect Deng Xiaoping put an end once and for all to persistent speculation, particularly in the stock market, about his health.

The calm response that followed the announcement eased fears of immediate chaos following his demise.

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And as Chief Executive-designate Tung Chee-hwa mourned the loss of the great leader, he announced a through-train for 21 senior officials in the colonial administration and named two new faces to take up principal posts in the SAR government.

The re-appointments removed another cause of persistent speculation about a major shake-up among the top echelon of the Patten administration at the changeover.

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If Deng's death has emerged as a positive factor in the stock market, it is because it has removed a veil of uncertainty among investors and the community at large over the 'post-Deng' scenario.

It has been business as usual and life as usual, at least from the outset, both in Hong Kong and the mainland in the past two days.

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