7 REACTION IN HONG KONG
(a) Student and Public Protests
Some Hong Kong people have inevitably been disappointed by the outcome of the Basic Law drafting process. But the scale of the public protests has been
Those who have chosen to demonstrate have
very small.
done so in a peaceful and orderly fashion.
There has been only one student demonstration of any significance (involving about 1,000 people).
(b) Hong Kong press comment
"The new political formula will strengthen Hong Kong
people's confidence in their future and will be helpful
to Hong Kong's long term prosperity and stability"
(Sing Pao - moderate, non Communist)
"The final political formula
provides a foundation
for people to work on and make plans for their future" (Hong Kong Economic Times)
"If there is no stability there will be no prosperity"
(Sing Tao Jih Pao middle of the road)
(c) Stock Market
The Hang Seng Index has risen 69 points since yesterday (from 2870 to 2910 on 15 February and from 2910
to 2939 on 16 February).
BATACC (1)