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Reaffirming reel life with a blockbuster

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Why you can trust SCMP

In case you are an England soccer supporter who has had your head buried in the sand since Wednesday, quite a bit has been happening in these parts this week.

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Heavyweight dignitaries with daunting delegations turned up in their droves to mark an airport opening, closer Sino-American relations and, oh, some handover thingumajig that happened about a year back.

Strangely, amid the political parade that has graced our shores, nobody in Hong Kong seemed to get terribly worked up about it - except those impossibly happy-looking children gathered on the tarmac to greet President Jiang Zemin at Kai Tak on Tuesday.

We're trying to work out why everyone is so subdued.

Surely it has nothing to do with the fact their shares are worth a third of what they were a year ago, or that the unit they bought at top dollar in June or July 1997 is unsaleable in the brave new world of July 1998.

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It's only money, after all, and normally when Hong Kongers start losing money, they just get up and make more of the hard stuff.

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