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Zhu's pledge is a bonus for Christopher

Reading Time:3 minutes
Why you can trust SCMP

Premier Zhu Rongji's wonderful words of support for Hong Kong have put a big smile on the face of Christopher Cheung Wah-fung, the boss of local brokerage Christfund Securities.

Back to 1996, he led a group of brokers to Beijing to discuss the future of Hong Kong's financial sector.

A senior official in the Propaganda Department told him Beijing would, if necessary, use its massive foreign exchange reserves to support Hong Kong after the handover.

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Mr Cheung returned to Hong Kong and told everyone he knew about his exciting news and . . . nobody believed him.

Now Mr Zhu has said it himself, along with 'I love Hong Kong' and many other reassuring words.

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It has taken six years, but Mr Cheung's doubters have been corrected; he was right all along.

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