This is a story which should sound familiar. A small territory, with a largely immigrant, but settled population is busy getting rich quick, chatting away on mobile phones and living as if there were no tomorrow. Suddenly, it is faced with a massive and unexpected surge of immigration.
Up to one million people have to be accommodated in a decade. Some will be rich and educated. A few will be illiterate. The majority will not be able to communicate in the local language. Planning is vital.
The territory we are talking about is not Hong Kong in 1997, but Israel at the end of the 1980s.
There are many obvious differences between Hong Kong and the Jewish state. Israel, though a small, crowded country, is 28 times the size of Hong Kong.
And while Hong Kong's new immigrants will all be ethnically Chinese, Israel's share only a religion. They are ethnically and culturally diverse.
But for all the differences, there are lessons for Hong Kong from the Israeli experience.
From late 1989 to the end of 1996, Israel absorbed about 750,000 new immigrants, 15 per cent of its previous population, mostly from the former Soviet Union. In 1990 alone, 185,000 people flooded in from the Soviet Union, and 150,000 the following year. New immigrants are still arriving at the rate of 50,000 to 70,000 people a year.