ABSTRACT

This chapter explains the effect of social and economic transformation. The author narrates the story of his life which furnishes the underlying causes of his departure from a career in investment banking and international finance for one in socio-economic finance. He expresses sincere gratitude to Professor Ronnie Lessem at the University of Buckingham. On 1 July 1997, Hong Kong was returned to the ownership of the Peoples Republic of China (PRC) by the British Government. The Treaty of Nanking, following the defeat of China in the Opium War, ceded Hong Kong to British governance until the Joint Declaration signed by both the British and Chinese Governments. In view of the historical background of Hong Kong, it is obvious that its peoples very distant and detached feelings for both the PRCs government in Beijing and the British administration in London prevented the development of strong patriotic emotions. Economic prosperity has become the priority of the Hong Kong people for generations.