[
    {
        "id": 210868,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1986",
        "page_number": 219,
        "title": "RAS-1986",
        "content_text": "202\n\nCARL SMITH\n\nHOW A-CHICK CLIMBED TO THE TOP IN SHANGHAI\n\nAfter his return to China, Tong A-chick, or Tong Mow-chee as he began to call himself, in some sense rode on the coat-tails of his younger and more prominent brother, King-sing.\n\nIn 1862, Mow-chee was employing his language skills as head linguist at the Shanghai Imperial Customs Office. King-sing had preceded him there but had left to seek better prospects.\n\nAt this time their father died and Mow-chee retired for the usual mourning period. Assessing his future prospect in Chinese Government service as not good, he did not return to his job after the mourning period ended.\n\nThe position he had held was a good one, but did not offer many opportunities for advancement, as higher offices in the Chinese Government were generally open only to those who held an official degree. Though he took steps to remedy this by purchasing a degree, he felt prospects in the customs were not bright. Later, when he had more wealth, he purchased the degree that entitled him to wear the peacock feather, and finally the button of the second rank on his hat.\n\nTong King-sing had become compradore at Shanghai to Jardine, Matheson and Company in 1863. In 1870, after leaving Hongkong, Tong Mow-chee through his brother's influence took charge of the Chinese business of Jardine's shipping office at Tientsin.\n\nIn 1872, King-sing was recruited by Viceroy Li Hung-chang to manage the newly created China Merchants' Steam Navigation Company. Though backed by private capital, it was under the control of the Chinese Government. The compradoreship of Jardines at Shanghai thus became vacant. It was natural that Tong Mow-chee should come down from Tientsin to take his brother's place.\n\nIn 1877 Tong King-sing was commissioned to develop the Kaiping coalfields for the Chinese Government. Mow-chee assisted...",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1986.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/jq08c7063",
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    },
    {
        "id": 210869,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1986",
        "page_number": 220,
        "title": "RAS-1986",
        "content_text": "203\n\ned his brother by raising much of the capital needed to open the mines.\n\nIn 1883 King-sing was sent to Europe and America to inspect mining operations and machinery. His elder brother took over the management of the China Merchants' during his absence. It was a time of troubles.\n\nThe French were expanding their interests in south China and war broke out. As a precaution, the property of the China Merchants' was transferred to the firm of Russell and Company. This would prevent their ships from being seized by the French as they would be flying the American flag. After cessation of hostilities and peace was restored, the Chinese again assumed control.\n\nEven though Mow-chee assumed these extra duties, he retained his position with Jardines until his death. In his latter years, however, he was able to place the management of the compradore's office under the care of his son Tong Kidson.\n\nThis son had been one of the boys sent by the Chinese Government to be educated in the United States under the Chinese Educational Mission.\n\nThe scheme was initiated by Yung Wing who had been a classmate of Tong Mow-chee in the Morrison Education Society School. Several of Kidson's cousins were also students of the mission. The most famous was Tang Shao-i, a leading political figure during the Republican period, Tong Kai-son, or as he was also called, Tong Kwok-on, after following his father Tong King-sing in the administration of the Kaiping Mining Company, became the first President of Tsing Hua College in Peking. Tong Yuen-cham, a student of the mission and a graduate of Columbia University, New York City, became Director-General of the Imperial Chinese Telegraph Administration.\n\nNo doubt the position and influence of Tong King-sing and Tong Mow-chee enabled these students of the Educational Mission to arrive at their own high position in the Government of China in the early part of the 20th century.",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1986.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/jq08c7063",
        "rank": 0
    },
    {
        "id": 212470,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 24,
        "title": "RAS-1991",
        "content_text": "themselves they had to turn to migration to urban centres and overseas emigration, and to nonfarm work in the villages.\n\nFollowing the path of the traditional junk trade, overseas emigration was common in southern Fukien (Fujian) and eastern Guangdong in the fifteenth and sixteenth centuries, but it did not spread to the rest of Guangdong until the nineteenth century. In the 1860s, when the European powers were initiating mining and plantation projects in Southeast Asia, and when the American continent was building transcontinental railways, China became a popular source for labour recruitment. There were three major emigrant areas in South China: first, southern Fujian and eastern Guangdong; second, the western part of the Pearl River delta and Siyi, namely Kaiping, Enping, Xinhui, and Xinning (later renamed as Taishan); and third, northeastern Hainan Island. People from the first area were the first to emigrate because of the junk trade with Southeast Asia.\n\nThe Nanking (Nanjing) Treaty following the Opium War in 1842, which stipulated the establishment of treaty ports along the coast of China, broke the Canton monopoly. The newly opened ports of Shanghai, Ningbo, Fuzhou and Amoy (Xiamen) competed with Canton for China's foreign trade. With the rich Yangzi River valley as its hinterland, Shanghai soon began to fulfill its extraordinary potential as a port of trade. By 1850 the volume of trade in Shanghai had surpassed that of Canton. Trade routes were diverted to these cities, causing a lot of porters and boatmen to lose their jobs. Canton was no longer a recipient of any substantial foreign investment. It went either to Shanghai or Hong Kong. The development of Hong Kong with a shift of British interest from Macau and Canton also attracted many Cantonese merchants to search for economic opportunities. For instance, Cantonese traders, artisans, and laborers from all neighbouring districts followed the British merchants in flocking to the British colony. Moreover, Hong Kong had become a major centre of Cantonese emigration abroad. The high points of overseas emigration came between 1890 and 1904. Between 1885 and 1900, a total of 1,830,572 Chinese emigrants embarked at the port of Hong Kong.\n\nThe overwhelming majority of the Cantonese emigration came from the Pearl River delta region, particularly from the counties shown in figure 1. The Xinning, Xinhui, Kaiping and Enping were known collectively as Siyi while Panyu, Nanhai and Shunde were Sanyi.",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
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    },
    {
        "id": 212471,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 25,
        "title": "RAS-1991",
        "content_text": "However, many emigrants also went from Xiangshan, Chixi and Baoan prefectures.\n\nSome features of Cantonese emigration were as follows. Firstly, similar to other ethnic groups, Cantonese from the same geographic regions tended to emigrate to the same places because of district and kinship ties. Secondly, Cantonese emigrants kept in close contact with their home villages. The reasons for maintaining ties with the home community were twofold: first, the uncertainties of emigrant life in a hostile environment meant that many could not afford to forego their homeland as a possible refuge in case of discrimination and in times of economic dislocation; second, many emigrants wanted to return to their home communities, where they could experience a substantial increase in prestige compared to their status before they emigrated and their status in the host societies.\n\nFigure 1\n\nThe Pearl River Delta\n\n19\n18\n16\n15\n12\n13\n\n  \n    Canton\n    8. Xiangshan\n    1. Yangjiang\n    7. Heshan\n  \n  \n    \n    9. Shunde\n    2. Enping\n    3. Kaiping\n  \n  \n    \n    10. Nanhai\n    4. Xinning\n    \n  \n  \n    \n    11. Panyu\n    5. Chixi\n    6. Xinhui\n  \n  \n    \n    12. Zengcheng\n    \n    \n  \n  \n    Macao\n    13. Dongguan\n    14. Baoan\n    15. Gaoyao\n  \n  \n    \n    \n    16. Sihui\n    17. Sanshui\n  \n  \n    \n    \n    18. Huaxian\n    \n  \n  \n    Hong Kong\n    19. Qingyuan\n    20. Fogang\n    21. Conghua\n  \n\nSource, adapted from June Mei (1979), p. 466",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
        "rank": 0
    },
    {
        "id": 212479,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 33,
        "title": "RAS-1991",
        "content_text": "13\n\nto succeed him as chief comprador to Butterfield & Swire. However, Yang went into bankruptcy after a Shanghai financial crisis and left a debt of a hundred thousand taels to Butterfield & Swire. As the guarantor, Zheng was accused by the company and as a result he was imprisoned in Hong Kong for a few months. Zheng's business activities were not only confined to Shanghai, he had also been active in Canton. He had been in charge of the branch of Kaiping Coal Mines in Canton from 1891 and also of the Canton-Hankow Railway Co. Moreover, the first Chamber of Commerce in Canton was organised by him in 1905.\n\nXu Run, Tang Tingshu and Zheng Guanying, all came from the same place, Zhongshan prefecture, and shared the same experience in compradorial life and took part in the guandu shangban enterprises under the patronage of Li Hongzhang. Needless to say, they had all chosen Shanghai as the place to develop their careers. They could be regarded as leaders of the Cantonese community in Shanghai. Amongst the three persons, Xu Run was the earliest and youngest in arriving in Shanghai, Tang was regarded as the oldest, he arrived in Shanghai in 1858 aged 27, he had probably been educated and started his career earlier in Hong Kong for a long period. However, though Tang started his compradorial life later, it did not hamper his contribution to modern economic development of China. Tang joined the Kaiping Coal Mines from its beginning and remained with it until the end of his life. After Tang had been engaged in guandu shangban enterprises, particularly in the Kaiping Coal Mines, he confined his business activities mainly to Tianjin, while Xu and Zheng were still active in Shanghai, Canton and Hong Kong.\n\nAn obvious example was the nationalization project of China Merchants' Steam Navigation Co. advocated by Sheng's political rival Yuan Shikai in 1909. Considering Xu was from Yuan's clique and able to use his strong influence in Hong Kong and Macau, Zheng was sent by Sheng to compete with Xu in soliciting the support of Cantonese shareholders in Canton, Hong Kong and Macau in opposition to the nationalization project. Xu and Zheng at that time were backing their own patrons. Xu was pro-Yuan whereas Zheng was pro-Sheng. As a result, Zheng defeated Xu in gaining the support of Cantonese shareholders and successfully kept the company private. It was incorporated as a limited company in 1909.\n\n15\n\nConnection of Cantonese Merchants\n\nMerchants were among the first Cantonese to emigrate to Macau and",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
        "rank": 0
    },
    {
        "id": 212481,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 35,
        "title": "RAS-1991",
        "content_text": "15\n\nHe returned with his savings. In middle age, he started his own business, a timber shop in Hong Kong.\n\nWhen I was young I lived in the village. When grown up I went to California. I came to Hong Kong in my middle age and established the business of the Kwong Ut Lung timber shop. Fortunately I accumulated some savings and invested them in property, business and shares of which the following...\n\nLi Hing, a Dongguan native, had worked in an opium shop in Hong Kong for more than twenty years. As he said, he was diligent and economical otherwise he could not save money. It was known that his \"little money\" amounted to 5,440 taels, for Li held partnerships in a native bank, two opium shops, a timber shop and a wharf in Hong Kong. In addition he also had eleven shops and a share in the Hong Kong Fire Insurance Co. of $340. As he mentioned in his will:\n\nI (Li Hing), alias Peng Sam, maker of this will, I am a native of the Village called Tong Mei, in the District of Tung Koon, I have been employed, as a Manager, in the Tuk Lung opium shop over twenty years. I have always been contented with my lot, and I have always behaved myself with decorum. I have been diligent and economical, and by self-denial, I have fortunately obtained favour from Heaven above, and saved a little money.\n\nLi was not only employed in the opium shop, but he had also invested for himself, though we do not know from the above whether his investment was started after he left the Tuk Lung firm or when he worked in the firm.\n\nTable 1\n\nNative Origins of Hong Kong Merchants\n\n  \n    Native places\n    1850-70\n    1871-80\n    1881-90\n    1891-1900\n    1901-06\n    Total\n  \n  \n    Xinning\n    7\n    3\n    \n    4\n    \n    14\n  \n  \n    Xinhui\n    3\n    \n    4\n    6\n    I\n    14\n  \n  \n    Kaiping\n    \n    2\n    \n    2\n    \n    4\n  \n  \n    Xiangshan\n    2\n    \n    2\n    9\n    3\n    17\n  \n  \n    Baoan\n    1\n    \n    2\n    2\n    \n    6\n  \n  \n    Panyu\n    3\n    \n    5\n    9\n    2\n    8\n    5\n    15\n  \n  \n    Nanhai\n    among the richest of the Chinese compradors in the treaty",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
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    },
    {
        "id": 212488,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 42,
        "title": "RAS-1991",
        "content_text": "22\n\nHao has selected modern enterprises such as steam shipping, coal mines, cotton textile, and machine manufacturing and detected the share of investment by compradors as being substantial.\n\nIn steamship enterprise, compradors' capital in British and American steamship companies established between 1862 and 1875 amounted to 499,975 taels; a modest 19.5% of the total of 2,559,000 taels. However, in steamship companies wholly Chinese-owned and under Chinese directorate between 1871 and 1893, compradors' investment amounted to 54.5% while the government had only 6.94% of the total capital of 1,958,000 taels. In the modern coal mines, compradors' capital amounted to a bigger share of 62.7% or a total of 1,350,116 Mexican dollars. In the total Chinese investment of 18,047,544 dollars in cotton textile manufacturing, compradors' share was 23.23%, second only to the 33.89% of gentry-officials, and in the machine manufacturing industries, the largest share of investment fell to the compradors with a percentage of 27.68 or a total sum of 2,887,000 dollars. The compradors were the first Chinese merchants to invest in the insurance business. They were the pioneers in introducing new types of business such as insurance and later other business methods such as contract, insuring, and limited liability.\n\nNew forms of business like the joint-stock company with limited liability proved successful in attracting investment from the private sector in some guandu shangban enterprises, which also were the first Chinese large-scale modern enterprises like the China Merchants' Steam Navigation Co., the Kaiping Coal Mines, and the Shanghai Cotton Cloth Mill, in which compradors' capital shared 77.8, 100.0, and 70.4 percentages respectively. Definitely, compradors played a decisive role in forming the above enterprises, for they were the first generation of modern enterprises owned and operated by Chinese.\n\nCantonese Compradors in Shanghai\n\nThe compradors played the role as entrepreneurs in modern Chinese enterprises. They were not only fund suppliers but also employed new ways of raising the large amounts of capital needed for these large-scale industrial projects. The typical examples of Cantonese compradors active in Shanghai were Xu Run, Tang Tingshu, and Zheng Guanying. They successfully used the joint-stock system in raising capital for the China Merchants' Steam Navigation Co. in 1873 and Shanghai Cotton",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
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    },
    {
        "id": 212491,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 45,
        "title": "RAS-1991",
        "content_text": "25\n\nItem\n\nTable 5\n\nXu Run's Investment in Modern Enterprises\n\n  \n    Company\n    Amount (T)\n    %\n    Place\n  \n  \n    China Merchants' Steam Navigation Co\n    480,000\n    33.44\n    Shanghai\n  \n  \n    Yun Wo Insurance Co.\n    100,000\n    \n    Shanghai\n  \n  \n    Chi Wo Insurance Co.\n    50,000\n    10 45\n    Shanghai\n  \n  \n    Kaiping Coal Mines\n    150,000\n    \n    Tianjin\n  \n  \n    Guichi Coal Mines\n    100,000\n    \n    Anhui\n  \n  \n    Sanshan Silver Mines\n    60,000\n    \n    Rehe\n  \n  \n    Pingchuan Copper Mines\n    60,000\n    \n    \n  \n  \n    Jinzhou Mines\n    50,000\n    \n    \n  \n  \n    Other Mines\n    10,000\n    29 96\n    \n  \n  \n    Shanghai Cotton Mill\n    50,000\n    \n    Shanghai\n  \n  \n    Shang Jinglun Cotton Mill\n    170,000\n    \n    Shanghai\n  \n  \n    Craseman & Hagen's Filanda (Yantai Saosi Ju)\n    10,200\n    \n    Yantai\n  \n  \n    Paper Manufactury\n    20,000\n    \n    Shanghai\n  \n  \n    Chinese Glass Works Co.\n    30,000\n    \n    Shanghai\n  \n  \n    Shanghai Dairy Farm Co.\n    30,000\n    \n    Shanghai\n  \n  \n    Hong Kong Liyuan Sugar Refinery\n    30,000\n    \n    Hong Kong\n  \n  \n    Tianyi Land Reclamation Co\n    5,000\n    \n    Jinzhou\n  \n  \n    Taggu Cultivation Co.\n    30,000\n    2.44\n    Tianjin\n  \n  \n    Zhongshan Tongyi Ranyuan Cultivation Co\n    1,000($)\n    \n    Guangdong\n  \n  \n    Total\n    1,435,200\n    99.99\n    \n  \n\n(+$1,000)*\n\n* Mexican dollars have not been added in the total or calculated in the percentage\n\nSource: Xu Run, Qing Xu Yuzhi Xiansheng Run Zixu Nianpu.\n\nbut educated in Hong Kong. He first came to Shanghai as an interpreter in the Chinese Maritime Customs in 1859. It is believed that he was introduced by an officer named Horatio Nelson Lay whom Tang had met in Hong Kong. Tang was recruited as a comprador by the Jardine, Matheson & Co. in 1863 but he left in 1872. During the decade of his compradorial career, he invested, planned, organized and assisted in the sale of stocks of a number of enterprises. These enterprises were called modern because they had adopted a new form of ownership, organization and management. Moreover, some of them such as steam navigation and insurance companies were the first to take place in China. Unlike Xu\n\nPage 45\n\nPage 46",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
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    },
    {
        "id": 212493,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 47,
        "title": "RAS-1991",
        "content_text": "27\n\nShanghai, named the Guang Zhao Gongsuo,\n\nNeedless to say, Tang was famous amongst Cantonese merchants. In 1876, when Tang was organizing the telegraph office in Fuzhou, he was invited by Ding Richang to set up a Chinese bank with branches in Tokyo and London. The venture was supported by a group of Cantonese merchants to set up a modern bank with a paid-up capital of three hundred thousand taels to meet the increasing need of a financial institution to accelerate Chinese trade in foreign countries. Tang was also active in business circles in Hong Kong. He joined in partnership with his brother Tang Maozhi in the first sugar refinery in Hong Kong. Tang contributed three thousand taels while William McGregor Smith contributed the largest share of sixteen thousand taels. They planned to export sugar to Jiujiang, but probably due to Tang's transfer to Shanghai, export of refined sugar was changed to connect with Shanghai where they operated successfully until 1864. Afterwards Tang sold his share to his brother Tang Maozhi. The refinery was set up at East Point, Hong Kong, under the name of Smith, Wahee & Co. However, it eventually went bankrupt and was taken over by Jardine, Matheson & Co.\n\nTang left his work at China Merchants' Steam Navigation Co. in 1884 to manage the Kaiping Mines in Tianjin in which he had a personal investment of three hundred thousand taels. It has to be mentioned that with the appointment of Tang as the Kaiping's general manager, a large number of Cantonese workers were recruited for Tianjin. By 1891, the number of Cantonese workers had grown to five hundred of which some had returned from California and Australia. Though these Cantonese miners were more skilled and experienced than local workers, they did not get along with the local people and refused to teach their skills to the northerners, as they were called. In 1883 a group of a hundred men from Swatow had to be discharged because of conflicts between them and their headmen.\n\nZhang Guanying (1842-1922)\n\nZheng was born in Zhongshan. It is unclear when he moved from Zhongshan to Macau but it was certain that he had received his traditional education in Canton. After Zheng had failed in the public examination, he decided to become a merchant. In 1858, he was sent to his uncle Zheng Tingjiang in Shanghai, who had been a comprador to Overweg & Co. Zheng soon entered into the Anglo-Chinese School organized by a",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
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    },
    {
        "id": 212494,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 48,
        "title": "RAS-1991",
        "content_text": "28\n\nmissionary named John Fryer. Though he studied only in evening class, he learned to speak English as well as his uncle. In 1859, through his personal ties with Xu Run, he was introduced to Dent & Co. to work as an assistant in freighting and warehousing until 1868 when the firm was dissolved. Zheng then turned to a foreign tea company Heshengxiang as a comprador and later became a manager, and eventually the owner. In 1874, Zheng joined the Butterfield & Swire Co. as a comprador to its affiliate China Navigation Co. until 1881. He then turned to assist Sheng Xuanhuai in managing the China Merchants' Steam Navigation Co. thus terminating his compradorial career.\n\n34\n\nFrom Table 6 we can see Zheng was interested in a lot of modern enterprises. In absence of sources, we are unable to know the exact amount of his investment. A preliminary estimate as shown in the table was about thirty thousand taels. This is near Yenping Hao's assessment of forty thousand taels. Modern enterprises in which Zheng invested varied from commercial and financial to industrial and mining; they were scattered over Shanghai, Tianjin, Canton and other Chinese cities as well as Southeast Asia. As previously discussed, Zheng favoured joint-stock companies. He thought it was a powerful business organization and he considered it reasonable to have opened company accounts as a way to solicit support of shareholders. Zheng was quite conservative in starting a new undertaking. He had objected to Tang Tingshu's plan to establishing the Hongyuan Co. in London in 1881.35 Instead he had shown his genius in solving technical problems occurring in some guandu shangban enterprises such as China Merchants' Steam Navigation Co., Kaiping Coal Mines, Imperial Telegraph Administration, Hanyang Iron Works, Shanghai Cotton Mill and Canton-Hankow Railway Co., for which he had won appreciation from his patrons including Li Hongzhang and Sheng Xuanhuai. He had helped Sheng Xuanhuai in reorganizing the Hanyang Iron Works, Daye Iron Mines with Pingxiang Coal Mines into one limited liability company under the name of Hanyeping. It was incorporated at the Ministry of Commerce in 1908. One year later, he also reorganized the China Merchants Steam Navigation Co. into a public company. Moreover, he was a pioneer in introducing the latest methods in organising joint-stock companies, as he had translated the company laws of Hong Kong promulgated in 1865 from English to Chinese.\n\nAs a Cantonese comprador, merchant and so-called comprador-merchant as mentioned before, Xu, Tang and Zheng were all regarded as outstanding in performing entrepreneurial activities, particularly in",
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    {
        "id": 212495,
        "series_id": 26,
        "series_slug": "histsyn-rashkb-journal-engine",
        "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊",
        "series_use_hku_proxy": false,
        "document_key": "RAS-1991",
        "page_number": 49,
        "title": "RAS-1991",
        "content_text": "Table 6\n\nZheng Guanying's Investment in Modern Enterprises\n\n29\n\n  \n    Item\n    Amount (taels)\n    Place\n  \n  \n    Union Steamship Navigation Co.\n    ?\n    Shanghai\n  \n  \n    China Merchants' Steam Navigation Co.\n    1,200\n    Shanghai\n  \n  \n    Yuehan Railway Co.\n    ?\n    Canton\n  \n  \n    Renhe Insurance Co.\nShanghai Cotton Mill\nA Paper Manufactory\nA Glass Work\nA Dairy Co.\n    ?\n?\n50,000\n?\n?\n    Shanghai\nShanghai\n?\n?\nShanghai\n  \n  \n    A Silk Filature\n    ?\n    ?\n  \n  \n    Tongwen Book Co.\n    14,000\n    Shanghai\n  \n  \n    Ma'an shan Coal Mines\n    ?\n    ?\n  \n  \n    Jinzhou Coal Mines\n    100,000\n    ?\n  \n  \n    Jilin Gold Mines\nXuancheng Coal Mines\nShandong Mines\nPingchuan Gold Mines\nMianning Gold Mines\nJianping Gold Mines\nChefoo Coal Mines\nYongping Gold Mines\n    ?\n?\nseveral thousand\n36 shares + 4,320\n20 shares + several thousand\n?\nseveral thousand\n?\n    Shanghai\n?\n?\n?\n?\n?\nPingxiang Coal Mines\nHupei\nNantaiwu Shan Coal Mines\nFujian\n  \n  \n    Chengping Silk\n    several thousand\n    ?\n  \n  \n    Kaiping\nCanton Land\n    5,000\n    Canton\n  \n  \n    Tianjin Kutang Land Reclamation\n    3,000\n    Tianjin\n  \n  \n    A Nacre Co.\n    ?\n    ?\n  \n  \n    A Reclamation Project in Malaya\n    ?\n    Malaya\n  \n  \n    Tianjin Peihailou\n    ?\n    Tianjin\n  \n  \n    A Gambling Co.\n    5,000\n    ?\n  \n  \n    Total\n    232,520+?\n    \n  \n\nSources: Wu Chang-chuan, Cheng Kuan-ying: A Case Study of Merchant Participation in the Self-strengthening Movement (1878-1884): Xia-Dongyuan, Zheng Guanying Zhuan.\n\nearly development of modern Chinese enterprises. As shown in the case of Xu, Tang and Zheng, they not only provided funds to modern",
        "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt",
        "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j",
        "rank": 0
    }
]