Scenario 2: HK$ depreciates at 2% pa from HK$13.76 at 1 July 1997.
30
Emerging costs of benefits to Hong Kong HMOCS
UK £ millions (at 1991-92 prices)
25
20
15
10
2017/18
2027/28
5
2007/08
2037/38
0
Trigger level: HK$30
HMOCS and 35% potential HMOCS
S1851\gr8\3
XX
ZKX
2047/48
PUNZSESAS
Years: 1997/98 to 2070/71
Trigger level: HK$22
Trigger level: HK$16
Trigger level: HK$13.76