Abstract
Located near the mouth of the Pearl River on the coast of Southern China, Hong Kong remains one of the last major possessions of the once vast British Empire. Established as a naval base and trading post under the Treaty of Nanking in 1842, the Colony’s original territory of some 32 square miles was expanded to cover the Kowloon Peninsula and Stonecutters’Island (another 3.75 square miles) under the First Convention of Peking in 1860, and the New Territories (some 365.75 square miles) on a 99-year lease signed under the Second Convention of Peking in 1897.1
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Notes
Peter Wesley-Smith, Unequal Treaty 1898–1897 (Hong Kong: Oxford University Press, 1980) provides the background of the Colony’s three acquisitions and concentrates on the various legal aspects of the lease.
Alvin Rabushka, Hong Kong: A Study in Economic Freedom (Chicago: University of Chicago Press, 1979) discusses some of the reasons behind Hong Kong’s success.
Robert F. Emery, The Financial Institutions of Southeast Asia: A Country by Country Study ( New York: Praeger, 1970 ) p. 117.
The Banker Research Unit (ed.), Banking Structures and Sources of Finance in the Far East ( London: Financial Times Business Publishing, 1980 ) p. 187.
Y. C. Jao, Banking and Currency in Hong Kong: A Study of Postwar Financial Development ( London: Macmillan, 1974 ) p. 54.
M. T. Skully, Merchant Banking in the Far East, 2nd ed. ( London: Financial Times Business Publishing, 1980 ) p. 75.
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© 1982 Michael T. Skully
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Skully, M.T. (1982). Financial Institutions and Markets in Hong Kong. In: Skully, M.T. (eds) Financial Institutions and Markets in the Far East. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04121-3_2
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DOI: https://doi.org/10.1007/978-1-349-04121-3_2
Publisher Name: Palgrave Macmillan, London
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