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1.

Mr. Minister, amid your busy schedule in Hong Kong,

we are honoured and grateful for the opportunity to dicuss

with you our anxieties over our beloved home, Hong Kong. We

wish to stress that we are a group of individuals. However,

the opinions contained in this paper constitute our common

ground which, we believe, also reflect the thoughts of many

Hong Kong professionals. Our aim is to impress upon British

leaders that in resolving the problem of Hong Kong's future,

Hong Kong's interests must be preserved.

Afterall, at stake

is not only the prosperity of but also freedoms which 5.3

million people have come to take for granted.

2.

Our group went to Beijing in the middle of May 1983

with the main object of informing the Chinese leaders that

whilst we fully respect China's position on sovereignty

there was a confidence crisis in Hong Kong caused by the

apparent lack of progress in the talks between Great Britain

and China and China's suggested solution to the Hong Kong

problem, namely, "self-administration by Hong Kong people",

leading to the outflow of capital, the "brain-drain" of

professional and mangerial people and the slide of the

Hong Kong dollar.

3.

Since then the two governments have met four times in

Beijing, but with no apparent progress towards the finding

of a solution which would preserve the avowed object of both

governments, namely maintaining the stability and prosperity

of Hong Kong.

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